
Cheap Apartments for Rent in Albuquerque, NM from $400 (341 Rentals) Page 2 of 7
Search the lowest-cost Apartments available for rent right now in Albuquerque.


137 Manzano St NE

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Tierra Pointe

The French Quarter

Executive West - Senior Community

San Pedro Village

The Ridge

Total Monthly Price
535 Texas St NE, Unit A

Silver Moon Lodge

Casa de Sierra Senior Apartments
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

Candlelight Square

Total Monthly Price
Copper Hills

Villas de la Terraza

Zocalo Lofts

Casa Placida

Imperial

Nova View

The Lanai Apartments

Total Monthly Price
242 Wisconsin St NE, Unit A
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.

242 Wisconsin St NE

500 Tennessee St SE

209 Texas St NE

Pinewood Estates

Volcanes Commons

Sunchase Apartments

Mont 44 Apartments

7510 Pennsylvania Ln NE

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Tesota Midtown

The Retreat at Candelaria

Somerset Park

Alvarado Apartments

Total Monthly Price
Tesota Morningside

El Paseo Apartments

La Cantera Senior Apartments

Total Monthly Price
Lifestyles at Renaissance

Villa Hermosa

Arroyo Vista

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Arlo Apartments

Sunrise Apartments

225 63rd St NW

Montecito

Treehouse Apartments

1335 Ortiz Dr SE

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North Park Apartments

Farolito Senior Apartments

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Eagle Point Apartments

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Stride West

The Lakes

Woodberry Heights
Albuquerque, NM Local Guide

How much does it cost to rent an apartment in Albuquerque?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Albuquerque Studio Apartments | $1,140 | $620 | $2,182 |
| Cheap Albuquerque 1 Bedroom Apartments | $1,310 | $710 | $2,646 |
| Cheap Albuquerque 2 Bedroom Apartments | $1,600 | $796 | $3,995 |
| Cheap Albuquerque 3 Bedroom Apartments | $2,047 | $1,020 | $3,500 |
| Cheap Albuquerque 4 Bedroom Apartments | $2,983 | $1,300 | $3,763 |
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Albuquerque, NM Area Reviews
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

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.

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.

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.

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.