Cheap Apartments for Rent in Albuquerque, NM from $400 (341 Rentals) Page 2 of 7

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

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Tierra Pointe
Rent Specials
$878 - $2,840
Total Monthly Price

Total Monthly Price

Base Rent
$866 - $2,828
Required Monthly Fees
$12

Total Monthly Price
$878 - $2,840
Studio to 3 Bedroom Apartments Available Now

Tierra Pointe

6901-6901 Los Volcanes Rd NWAlbuquerque, NM 87121
Affordability
  • Verified
  • Customer Reviewed
  • 3D Tour

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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Sedona Ridge
Rent Specials
$899 - $1,680
Total Monthly Price

Total Monthly Price

Base Rent
$897 - $1,678
Required Monthly Fees
$2

Total Monthly Price
$899 - $1,680
1 to 3 Bedroom Apartments Available Now

Sedona Ridge

3400 Wyoming Blvd NEAlbuquerque, NM 87111
Corporate Housing
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  • Customer Reviewed
  • 3D Tour
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Copper Hills
Rent Specials
$899 - $1,140
Total Monthly Price

Total Monthly Price

Base Rent
$899 - $1,140

Total Monthly Price
$899 - $1,140
1 to 2 Bedroom Apartments Available Now

Copper Hills

4200 Spanish Bit NEAlbuquerque, NM 87111
Affordability
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  • Customer Reviewed
  • Low Income

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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Tesota Midtown
Rent Specials
$916 - $1,607
Total Monthly Price

Total Monthly Price

Base Rent
$884 - $1,575
Required Monthly Fees
$32

Total Monthly Price
$916 - $1,607
1 to 3 Bedroom Apartments Available Now

Tesota Midtown

200 Figueroa St NEAlbuquerque, NM 87123
Affordability
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  • Customer Reviewed
  • 3D Tour
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Tesota Morningside
Rent Specials
$952 - $1,330
Total Monthly Price

Total Monthly Price

Base Rent
$915 - $1,293
Required Monthly Fees
$37

Total Monthly Price
$952 - $1,330
1 to 2 Bedroom Apartments Available Now

Tesota Morningside

3958 Montgomery Blvd NEAlbuquerque, NM 87109
Affordability
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  • Customer Reviewed
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Lifestyles at Renaissance
Rent Specials
$964 - $1,778
Total Monthly Price

Total Monthly Price

Base Rent
$921 - $1,735
Required Monthly Fees
$43

Total Monthly Price
$964 - $1,778
1 to 2 Bedroom Apartments Available Now

Lifestyles at Renaissance

4920 Union Way NEAlbuquerque, NM 87107
Affordability
  • Verified
  • Customer Reviewed
  • Low Income
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Arlo Apartments
$975 - $1,450
Total Monthly Price

Total Monthly Price

Base Rent
$185 - $660
Required Monthly Fees
$790

Total Monthly Price
$975 - $1,450
Studio to 2 Bedroom Apartments Available Now

Arlo Apartments

8911 Northeastern Blvd NEAlbuquerque, NM 87112
Affordability
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  • Customer Reviewed
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North Park Apartments
Rent Specials
$985 - $1,625
Total Monthly Price

Total Monthly Price

Base Rent
$980 - $1,620
Required Monthly Fees
$5

Total Monthly Price
$985 - $1,625
1 to 3 Bedroom Apartments Available Now

North Park Apartments

5327 Montgomery Blvd NEAlbuquerque, NM 87109
Affordability
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  • Utilities Included
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Eagle Point Apartments
$1,014 - $1,579
Total Monthly Price

Total Monthly Price

Base Rent
$986 - $1,551
Required Monthly Fees
$28

Total Monthly Price
$1,014 - $1,579
Studio to 2 Bedroom Apartments Available Now

Eagle Point Apartments

4401 Morris St NEAlbuquerque, NM 87111
Active Lifestyle
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Stride West
$991 - $2,022
Total Monthly Price

Total Monthly Price

Base Rent
$962 - $1,993
Required Monthly Fees
$29

Total Monthly Price
$991 - $2,022
1 to 2 Bedroom Apartments Available Now

Stride West

6101 Sequoia Rd NWAlbuquerque, NM 87120
Corporate Housing
  • Verified
  • Customer Reviewed
  • Utilities Included

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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 $766.

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 $2,104.

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 5,957 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 $312 which is $1,792 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

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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.

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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.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.