
Cheap Studio Apartments for Rent in Albuquerque, NM from $674 (89 Rentals)


Total Monthly Price
Cinnamon Tree

The Loop @950

Encino Terrace Senior

Brandywood Park Apartments

408 Pennsylvania St SE

Nova Ridge

208 High St NE

Total Monthly Price
Comanche Wells

Millennium Flats
The Student's Guide to Albuquerque: Top Neighborhoods That Put CNM and UNM Life Within Reach
Find your perfect place in ABQ! Explore the best neighborhoods near CNM and UNM that support a vibrant student life, from study spots to family-friendly resources.

Vail Manor Apartments

Citadel - Free Utilities

Pinewood Estates

Encanto Lofts Apartments

Rock Creek

The Villas @ Uptown

University Village

La Vida Nueva

Total Monthly Price
Tierra Pointe

Via Apartments
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

Somerset Park

401 14th St NW

Cedars - Free Cable & Internet*

The Beach

Lexington Place Apartments

Total Monthly Price
El Pueblo Apartments

Total Monthly Price
Union 505

Villa de San Felipe

431 Virginia St NE

Total Monthly Price
Eagle Point Apartments
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

San Pedro Village

Executive West - Senior Community

317 Cornell Dr SE

Montecito

Silver Moon Lodge

Zocalo Lofts

1/2 OFF FIRST MONTHS RENT

Total Monthly Price
Arlo Apartments

Villa Apartments

Alvarado Apartments
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Imperial

Canyon Crest

Three Fountains

Total Monthly Price
Canoan Village

Dorado Heights

505 Central Lofts

Villas de la Terraza

Total Monthly Price
Nine-O-Nine Apartments

De Anza - Nob Hill Luxury Apartments

Total Monthly Price
Glo Apartments
Check Out Albuquerque’s Best Affordable Neighborhoods
Learn about Albuquerque and the best places to live with original content written by our Local Expert Esther Lombardi
Albuquerque, NM Local Guide

How much does it cost to rent an apartment in Albuquerque?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Albuquerque Studio Apartments | $1,108 | $674 | $2,328 |
| Albuquerque 1 Bedroom Apartments | $1,316 | $695 | $2,654 |
| Albuquerque 2 Bedroom Apartments | $1,618 | $800 | $5,099 |
| Albuquerque 3 Bedroom Apartments | $2,071 | $982 | $3,500 |
| Albuquerque 4 Bedroom Apartments | $3,024 | $1,300 | $3,763 |
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Albuquerque, NM Local Guide
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10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleThe Student's Guide to Albuquerque: Top Neighborhoods That Put CNM and UNM Life Within Reach
Find your perfect place in ABQ! Explore the best neighborhoods near CNM and UNM that support a vibrant student life, from study spots to family-friendly resources.
Read ArticleDon't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Albuquerque, NM Rentals by Map
See the most popular apartments and homes in Albuquerque, NM
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 $795.
What is the price of a cheap apartment in Albuquerque?
The cheapest apartment in Albuquerque is The Loop @950 which is listed at $695, while the average apartment in Albuquerque costs $2,135.
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 4,586 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 $314 which is $1,821 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.