Cheap Apartments for Rent in Albuquerque, NM from $400 (340 Rentals) Page 7 of 7

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Search the lowest-cost Apartments available for rent right now in Albuquerque.

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Alvarado Square
1 to 3 Bedroom Apartments

Alvarado Square

303 Alvarado Dr SEAlbuquerque, NM 87108
  • Utilities Included
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Coyote Point
2 Bedroom Apartments

Coyote Point

13500 Skyline Rd NEAlbuquerque, NM 87123
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Casitas de Colores
Studio to 3 Bedroom Apartments

Casitas de Colores

215 Lead Ave SWAlbuquerque, NM 87102
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The Franz
Studio to 1 Bedroom Apartments

The Franz

1716 Central Ave NWAlbuquerque, NM 87104
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Panorama Heights
1 to 2 Bedroom Apartments

Panorama Heights

13309 Mountain RdAlbuquerque, NM 87112
Affordability
  • Utilities Included
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Villa Esperanza
1 to 4 Bedroom Apartments

Villa Esperanza

3901 Lafayette DrAlbuquerque, NM 87107
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Fourth Street Flats
Studio to 2 Bedroom Apartments

Fourth Street Flats

4419 4th St NWAlbuquerque, NM 87107
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Bricklight District
Studio to 2 Bedroom Apartments

Bricklight District

115 Harvard Dr SEAlbuquerque, NM 87106
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Pine Park Apartments
Studio to 2 Bedroom Apartments

Pine Park Apartments

8201 Marquette Ave NEAlbuquerque, NM 87108
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Borderman's Reef
1 to 2 Bedroom Apartments

Borderman's Reef

11201 Lomas Blvd NEAlbuquerque, NM 87112
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Desert Park
Studio to 3 Bedroom Apartments

Desert Park

900 Valencia Dr SEAlbuquerque, NM 87108
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Aspen Ridge
2 to 4 Bedroom Apartments

Aspen Ridge

820 Louisiana Blvd SEAlbuquerque, NM 87108
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Theta Apartments
1 to 2 Bedroom Apartments

Theta Apartments

3900 Tulane Dr NEAlbuquerque, NM 87107
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Montgomery Manor
2 to 4 Bedroom Apartments

Montgomery Manor

4301 Morris St NEAlbuquerque, NM 87111
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Aspen Plaza
1 to 2 Bedroom Apartments

Aspen Plaza

3700 Aspen Ave NEAlbuquerque, NM 87110
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Villas Del Cielo
1 to 2 Bedroom Apartments

Villas Del Cielo

3131 Adams St NEAlbuquerque, NM 87110
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120 10th St NW
Studio to 3 Bedroom Apartments

120 10th St NW

120 10th St NWAlbuquerque, NM 87102
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2813 Nakomis Dr NE
2 Bedroom Apartments

2813 Nakomis Dr NE

2813 Nakomis Dr NEAlbuquerque, NM 87112
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500-504 Ortiz Dr SE
1 to 2 Bedroom Apartments

500-504 Ortiz Dr SE

500-504 Ortiz Dr SEAlbuquerque, NM 87108
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Zodiac Apartments
2 Bedroom Apartments

Zodiac Apartments

419 Vassar Dr SEAlbuquerque, NM 87106
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Old Town Casitas
1 to 2 Bedroom Apartments

Old Town Casitas

200 Rio Grande Blvd SWAlbuquerque, NM 87104
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Nuevo Atrisco
1 to 3 Bedroom Apartments

Nuevo Atrisco

201 Unser Blvd NWAlbuquerque, NM 87121
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Cresta North Valley
Studio to 2 Bedroom Apartments

Cresta North Valley

3308 4th St NWAlbuquerque, NM 87107
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Mountain Run Apartments
1 to 2 Bedroom Apartments

Mountain Run Apartments

5800 Eubank Blvd NEAlbuquerque, NM 87111
Corporate Housing
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Anthea
1 to 3 Bedroom Apartments

Anthea

950 4th St NWAlbuquerque, NM 87102
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Arroyo Villas
1 to 3 Bedroom Apartments

Arroyo Villas

4701 Irving Blvd NWAlbuquerque, NM 87114
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Ortiz Place Townhomes
2 Bedroom Apartments

Ortiz Place Townhomes

1233-1257 Ortiz Dr SEAlbuquerque, NM 87108
  • Utilities Included

Albuquerque, NM Area Reviews

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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

decorative image for A Local Experts Guide To The Best Budget-Friendly Neighborhoods to Rent in Albuquerque article

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.

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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.

decorative image for Albuquerque Uncovered: Your Local Experts Guide to the High Desert City article

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.

decorative image for Your Guide to the Best Neighborhoods to Rent Near Albuquerques Top Employers   article

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

decorative image for Neighborhood and Market Insights: How to Choose the Right Area to Rent   article

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.

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

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.

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts  article

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.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.