Cheap Apartments for Rent in Albuquerque, NM from $400 (333 Rentals) Page 3 of 7

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Albuquerque is under $784.

The cheapest apartment in Albuquerque is Diamond Elite Luxury Townhomes which is listed at $599, while the average apartment in Albuquerque costs $2,134.

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 5,431 regular apartments in Albuquerque that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

Cheap apartments in Albuquerque have an average cost of $349 which is $1,785 cheaper than the average rent for all rentals in Albuquerque.