
Cheap Apartments for Rent in Albuquerque, NM from $400 (340 Rentals) Page 3 of 7
Search the lowest-cost Apartments available for rent right now in Albuquerque.


Arlo Apartments

Zocalo Lofts

CRESTWOOD APARTMENTS

Sunrise Apartments

Total Monthly Price
Eagle Point Apartments

North Park Apartments

Farolito Senior Apartments

370 Atrisco Dr SW

Sedona Ridge

The Lakes

Wyoming Place Apartments

Villas de la Terraza

Total Monthly Price
Copper Hills

Northpointe Village

Woodberry Heights

Peaks at Sandia View

520 Tennessee St NE

179 Monte Largo Dr NE

940 Chelwood Park Blvd NE

915 Walter St SE

1400 Valencia Dr SE

Total Monthly Price
Arrowhead Pointe

Total Monthly Price
Canoan Village

Total Monthly Price
Milo

Total Monthly Price
412 Columbia Dr SE, Unit A

Total Monthly Price
Valley Apartments

Mesa Ridge Apartments

Sunset Pointe

1201 Palomas

1225 San Mateo Blvd SE

2xx Bryn Mawr Dr SE

8313 Marquette Ave. NE

Desert Willow

1928 Buena Vista Dr SE

La Vida Buena Apartments

420 Vermont St NE, Unit A1

Pinon Terrace

Total Monthly Price
Nine-O-Nine Apartments

Sandia Shadows

Silverado

Academy Heights Apartments

Total Monthly Price
CIBOLA VILLAGE

Total Monthly Price
VILLA LA CHARLES

Peaks at Los Ranchos

Total Monthly Price
AYA ABQ

Total Monthly Price
Calero

Total Monthly Price
The Reserve

Total Monthly Price
The June

Northeastern
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 | $949 | $645 | $1,826 |
| Cheap Albuquerque 1 Bedroom Apartments | $1,305 | $500 | $2,636 |
| Cheap Albuquerque 2 Bedroom Apartments | $1,604 | $795 | $3,200 |
| Cheap Albuquerque 3 Bedroom Apartments | $2,085 | $1,012 | $3,930 |
| Cheap Albuquerque 4 Bedroom Apartments | $3,090 | $1,300 | $3,763 |
Browse Top Apartments in Albuquerque
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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 $725.
What is the price of a cheap apartment in Albuquerque?
The cheapest apartment in Albuquerque is Generations at West Mesa which is listed at $439, while the average apartment in Albuquerque costs $2,060.
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 3,975 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 $279 which is $1,781 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.
Helpful Local Expert Guides

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.

The Students Guide to Albuquerque: Top Neighborhoods That Put CNM and UNM Life Within Reach
Written by: Esther Lombardi
There’s more to Albuquerque than just the breathtaking landscapes and tasty green chilies. As both a student and a parent, I see Albuquerque as a learning hub that nurtures curiosity and encourages growth and enrichment.

Albuquerque Uncovered: Your Local Experts Guide to the High Desert City
Written by: Esther Lombardi
Hello from Albuquerque, New Mexico! I’m Esther, your ApartmentHomeLiving.com Local Expert for Albuquerque, and I’m here to give you the inside scoop on this unique city.

Your Guide to the Best Neighborhoods to Rent Near Albuquerques Top Employers
Written by: Esther Lombardi
I still recollect my first morning commute in Albuquerque.
Articles, How-To's, and Tips

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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.

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.