
Cheap Apartments for Rent in Albuquerque, NM from $400 (334 Rentals) Page 3 of 7
Search the lowest-cost Apartments available for rent right now in Albuquerque.


Pinewood Estates

Villa Hermosa

Arroyo Vista

Mission Hill Apartments

Milo

Sedona Ridge

1021 Louisiana Blvd SE

501 Vermont St NE

1335 Ortiz Dr SE

Arrowhead Pointe

Eagle Point Apartments

North Park Apartments

Dorado Heights

Tesota Midtown

1402 Valencia Dr SE

CRESTWOOD APARTMENTS

The Valencia Apartments

Villas de la Terraza

136 General Arnold St NE

310 Madison St NE, Unit Front Unit 310

3506 Kathryn Ave SE

Mesa Ridge Apartments

Mont 44 Apartments

Sunchase

Villa Apartments

5502 Eastern Ave SE

Odyssey Apartments

Acacia Gardens

Canoan Village

Villa Esperanza

237 63rd St NW

Treehouse Apartments

Oak Tree Park

Woodberry Heights

Sunset Pointe

1340 San Mateo Blvd SE

Pine Park Apartments

Tierra Pointe

The June

Nine-O-Nine Apartments

3532 Tyson Pl NE

Alvarado Apartments

Sun Plaza

4801 Gibson Blvd SE

1225 San Mateo Blvd NE

1100 Alvarado Dr SE

11100 Ventura Pl NE

3410 Thaxton Ave SE
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 | $1,008 | $547 | $2,800 |
Cheap Albuquerque 1 Bedroom Apartments | $1,358 | $716 | $5,389 |
Cheap Albuquerque 2 Bedroom Apartments | $1,637 | $800 | $6,646 |
Cheap Albuquerque 3 Bedroom Apartments | $2,158 | $799 | $7,868 |
Cheap Albuquerque 4 Bedroom Apartments | $2,953 | $1,300 | $10,000+ |
Browse Top Apartments in Albuquerque
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Getting Around Albuquerque, NM
Walk Score®
56 / 100
Somewhat Walkable
Some errands can be accomplished on foot
Bike Score®
65 / 100
Bikeable
Some bike infrastructure
Transit Score®
28 / 100
Some Transit
A few nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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 $750.
What is the price of a cheap apartment in Albuquerque?
The cheapest apartment in Albuquerque is El Pueblo II Apartments which is listed at $716, while the average apartment in Albuquerque costs $2,265.
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 3,629 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 $400 which is $1,865 cheaper than the average rent for all rentals in Albuquerque.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.