Cheap Apartments for Rent in Albuquerque, NM from $400 with Washer/Dryer (88 Rentals) Page 2 of 2

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Search the lowest-cost Apartments available for rent right now in Albuquerque.

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Candelaria Gardens
2 Bedroom Apartments

Candelaria Gardens

820 Candelaria Rd NWAlbuquerque, NM 87107
  • Utilities Included
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760 Juan Tabo Blvd NE
Studio to 2 Bedroom Apartments

760 Juan Tabo Blvd NE

760 Juan Tabo Blvd NEAlbuquerque, NM 87123
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Sawmill Lofts
1 to 3 Bedroom Apartments

Sawmill Lofts

1801 Bellamah Ave NWAlbuquerque, NM 87104
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Canon de Arrowhead
1 to 3 Bedroom Apartments

Canon de Arrowhead

1700 Market St NWAlbuquerque, NM 87120
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The Valencia
1 to 3 Bedroom Apartments

The Valencia

1020 Valencia DrAlbuquerque, NM 87108
  • Utilities Included

Check Out Albuquerque’s Best Affordable Neighborhoods

Learn about Albuquerque and the best places to live with original content written by our Local Expert Esther Lombardi

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134-136 Altez St NE
2 Bedroom Apartments

134-136 Altez St NE

134-136 Altez St NEAlbuquerque, NM 87123
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Volcanes Commons
1 to 3 Bedroom Apartments

Volcanes Commons

6901 Glenrio Rd NWAlbuquerque, NM 87121
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Sterling Downtown
Studio to 2 Bedroom Apartments

Sterling Downtown

800 Silver Ave SWAlbuquerque, NM 87102
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Kromer House
1 Bedroom Apartments

Kromer House

1024 El Pueblo Rd NWAlbuquerque, NM 87114
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Ceja Vista Senior 55+
1 to 2 Bedroom Apartments

Ceja Vista Senior 55+

10001 Ceja Vista Rd SWAlbuquerque, NM 87121
Senior Living
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Crescent Ridge
1 to 4 Bedroom Apartments

Crescent Ridge

8200 Bridge Blvd SWAlbuquerque, NM 87121
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Paseo Del Sol
1 to 3 Bedroom Apartments

Paseo Del Sol

291 El Pueblo Rd NWAlbuquerque, NM 87114
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Treehouse Apartments
Studio to 2 Bedroom Apartments

Treehouse Apartments

4610 Eubank Blvd NEAlbuquerque, NM 87111

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Alvarado Square
1 to 3 Bedroom Apartments

Alvarado Square

303 Alvarado Dr SEAlbuquerque, NM 87108
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Casitas de Colores
Studio to 3 Bedroom Apartments

Casitas de Colores

215 Lead Ave SWAlbuquerque, NM 87102
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Palazzo Apartments
1 to 3 Bedroom Apartments

Palazzo Apartments

14124 Copper Ave NEAlbuquerque, NM 87123
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Fourth Street Flats
Studio to 2 Bedroom Apartments

Fourth Street Flats

4419 4th St NWAlbuquerque, NM 87107
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Aspen Ridge
2 to 4 Bedroom Apartments

Aspen Ridge

820 Louisiana Blvd SEAlbuquerque, NM 87108
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Old Town Casitas
1 to 2 Bedroom Apartments

Old Town Casitas

200 Rio Grande Blvd SWAlbuquerque, NM 87104
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Zodiac Apartments
2 Bedroom Apartments

Zodiac Apartments

419 Vassar Dr SEAlbuquerque, NM 87106

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Mountain Run Apartments
1 to 2 Bedroom Apartments

Mountain Run Apartments

5800 Eubank Blvd NEAlbuquerque, NM 87111
Corporate Housing
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Sungate
1 to 3 Bedroom Apartments

Sungate

10800 Comanche Rd NEAlbuquerque, NM 87111
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Arroyo Villas
1 to 3 Bedroom Apartments

Arroyo Villas

4701 Irving Blvd NWAlbuquerque, NM 87114
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Ortiz Place Townhomes
2 Bedroom Apartments

Ortiz Place Townhomes

1233-1257 Ortiz Dr SEAlbuquerque, NM 87108
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Entrada Pointe
Rent Specials
$1,197 - $1,580
Total Monthly Price

Total Monthly Price

Base Rent
$1,197 - $1,580

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Entrada Pointe

900 Country Club DrRio Rancho, NM 87124
Affordability
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Albuquerque, NM Area Reviews

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Frequently Asked Questions about Cheap Albuquerque Apartments

What is a cheap apartment in Albuquerque?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Albuquerque is under $795.

What is the price of a cheap apartment in Albuquerque?

The cheapest apartment in Albuquerque is White Oak Apartments which is listed at $716, while the average apartment in Albuquerque costs $2,134.

What types of apartments are the cheapest in Albuquerque?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 5,145 regular apartments in Albuquerque that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Albuquerque?

Cheap apartments in Albuquerque have an average cost of $386 which is $1,748 cheaper than the average rent for all rentals in Albuquerque.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Articles, How-To's, and Tips

decorative image for A Local Experts Guide To The Best Budget-Friendly Neighborhoods to Rent in Albuquerque article

A Local Experts Guide To The Best Budget-Friendly Neighborhoods to Rent in Albuquerque

Written by: Esther Lombardi

Albuquerque, New Mexico, offers culture, diversity, and beautiful landscapes. Each neighborhood blends historic charm with nature, education, and entertainment.

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts  article

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.