
Cheap Apartments for Rent in Albuquerque, NM from $400 (342 Rentals) Page 4 of 7
Search the lowest-cost Apartments available for rent right now in Albuquerque.


11100 Ventura Pl NE

Panorama Heights

420 Rhode Island St SE

12805 Dunes Rd SE, Unit 2

4601 Carlisle Blvd NE

Tesoro on Spain

1932 Buena Vista Dr SE

1021 Hermosa Dr SE

2501 Barcelona Rd

5320 Heritage Way NE

Peaks at Los Ranchos

The Reserve

Aydan

The Artisan @ Sawmill Village

AYA ABQ

3410 Vail Ave SE

1812 Lead Ave SE, Unit #2

Casa Tierra

Villa Serena Apartments

Villas Del Cielo

Mont 44 Apartments

Stride West

419 Dallas St SE

423 Dallas St SE

The Aspens

Cresta North Valley

Via Apartments

The Lakes

1102 Edith Blvd SE

Northpointe Village

Valley Apartments

Glo Apartments

MOUNTAIN VISTA

The Aubry

River Walk at Puerta de Corrales

Silverado

Overlook

11912 Indian School Rd NE

3422 Thaxton Ave SE

The Heights at Tramway

3413 Ross Ave SE

225 Hanosh Ct SE

13401 Fruit Ave NE

10793 Towner Ave NE

937 Louisiana Blvd SE

1311 San Mateo Blvd SE

Taylor Ridge Apartments
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 | $1,010 | $604 | $2,800 |
Cheap Albuquerque 1 Bedroom Apartments | $1,356 | $716 | $5,330 |
Cheap Albuquerque 2 Bedroom Apartments | $1,627 | $800 | $6,824 |
Cheap Albuquerque 3 Bedroom Apartments | $2,162 | $799 | $8,068 |
Cheap Albuquerque 4 Bedroom Apartments | $3,071 | $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 $2,257.
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 4,497 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 $432 which is $1,825 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.