
Cheap Apartments for Rent in Albuquerque, NM from $400 (333 Rentals) Page 7 of 7
Search the lowest-cost Apartments available for rent right now in Albuquerque.


Bricklight District

Desert Park

Theta Apartments

Sun Pointe Park Apartments

Phoenix Apartments

Montgomery Manor

Aspen Plaza

120 10th St NW

2813 Nakomis Dr NE

Old Town Casitas

500-504 Ortiz Dr SE

Zodiac Apartments

Sungate

Nuevo Atrisco

Chelsea Village Apartments

Mountain Run Apartments

Pine Park Apartments

Cresta North Valley

Anthea

Crescent Ridge

Arroyo Villas

Ortiz Place Townhomes

Chaparral - No Availability

Marquee Village Apartments

409 San Juan De Rio Dr SE

Arrowhead Ridge

Panorama

615 Vancouver Rd SE

Total Monthly Price
Entrada Pointe

Felician Villa I - Senior 55+

Felician Villa II - Senior 55+

Trailhead at Chamizal - NOW LEASING
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 | $1,100 | $599 | $2,259 |
| Cheap Albuquerque 1 Bedroom Apartments | $1,318 | $500 | $2,671 |
| Cheap Albuquerque 2 Bedroom Apartments | $1,622 | $800 | $5,381 |
| Cheap Albuquerque 3 Bedroom Apartments | $2,068 | $931 | $3,915 |
| Cheap Albuquerque 4 Bedroom Apartments | $2,984 | $1,300 | $3,763 |
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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 $784.
What is the price of a cheap apartment in Albuquerque?
The cheapest apartment in Albuquerque is Diamond Elite Luxury Townhomes which is listed at $599, while the average apartment in Albuquerque costs $2,134.
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 5,431 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 $349 which is $1,785 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.
Articles, How-To's, and Tips

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.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.