
Cheap Apartments for Rent in Albuquerque, NM from $400 (322 Rentals) Page 4 of 7
Search the lowest-cost Apartments available for rent right now in Albuquerque.


Calero

Zocalo Lofts

Milo

412 Columbia Dr SE, Unit B

422 Vassar Dr SE

Oak Tree Park

The Lakes

Casa Tierra

Sierra Meadows

Sungate

Overlook

11912 Indian School Rd NE

The Heights at Tramway

Solaire

Northpointe Village

De Anza - Nob Hill Luxury Apartments

Tesoro on Spain

Taylor Ridge Apartments

Casa Del Arroyo Apartments

1233 Chelwood Park Blvd NE, Unit C

13401 Fruit Ave NE

12120 Menaul Blvd NE

Princeton Hall Apartments

7900-7904 Trumbull Ave SE

Sunport Plaza Apartments

Patios - FREE Utilities+Standard Cable
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 | $983 | $586 | $2,140 |
Cheap Albuquerque 1 Bedroom Apartments | $1,366 | $559 | $10,000+ |
Cheap Albuquerque 2 Bedroom Apartments | $1,590 | $890 | $3,799 |
Cheap Albuquerque 3 Bedroom Apartments | $1,967 | $1,020 | $3,985 |
Cheap Albuquerque 4 Bedroom Apartments | $2,259 | $1,300 | $2,850 |
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 $740.
What is the price of a cheap apartment in Albuquerque?
The cheapest apartment in Albuquerque is 509 Girard Terrace Apartments which is listed at $559, while the average apartment in Albuquerque costs $1,849.
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 4,647 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 $333 which is $1,516 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.

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.