
Apartments for Rent in Albuquerque, NM Under $1,000 (251 Rentals)


505 Central Lofts

Total Monthly Price
405 Dorado Ct SE, Unit Unit D, Unit Unit D

Panorama Heights

Total Monthly Price
Milo

The Lakes

Total Monthly Price
Eagle Point Apartments

Woodberry Heights

Candlelight Square

Farolito Senior 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.

North Park Apartments

Casa de Sierra Senior Apartments

1/2 OFF FIRST MONTHS RENT

Peaks at Sandia View

Sunrise Apartments

Dorado Heights

Arlo Apartments

CRESTWOOD APARTMENTS

Arroyo Vista

Villa Hermosa
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

Acacia Gardens

Three Fountains

Mont 44 Apartments

Lifestyles at Renaissance

Desert Willow

La Cantera Senior Apartments

El Paseo Apartments

Total Monthly Price
Tesota Morningside

Imperial

Alvarado Apartments
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Villa Apartments

Total Monthly Price
Tesota Midtown

The Retreat at Candelaria

Playa Del Sol

Total Monthly Price
The French Quarter

The Ridge

Sunchase Apartments

Casa Placida

Zocalo Lofts

Total Monthly Price
Studios on Route 66
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

Nova View

The Lanai Apartments

Mehran Lofts - Gold Avenue Realty, LLC

Updated Studio, one bedroom and two bedroom units

Sedona Ridge

Total Monthly Price
Copper Hills

Silver Moon Lodge

Casa Del Arroyo Apartments

Rio Vista Senior Apartments

Executive West - Senior Community
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 Under $1000 | $1,072 | $645 | $2,398 |
| Albuquerque 1 Bedroom Apartments Under $1000 | $1,303 | $439 | $2,570 |
| Albuquerque 2 Bedroom Apartments Under $1000 | $1,609 | $772 | $5,442 |
| Albuquerque 3 Bedroom Apartments Under $1000 | $2,051 | $982 | $4,305 |
| Albuquerque 4 Bedroom Apartments Under $1000 | $3,027 | $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.
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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!
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Albuquerque, NM Area Reviews
Frequently Asked Questions about Albuquerque
How much are Studio apartments in Albuquerque?
There are currently 683 Studio Apartments in Albuquerque with rent ranges from $645 to $2,398 with an average price of $1,072.
What is the current price range for One Bedroom Albuquerque Apartments for rent?
Today's rental pricing for One Bedroom Apartments in Albuquerque ranges from $439 to $2,570 with an average monthly rent of $1,303.
What does renting a Two Bedroom Apartment in Albuquerque cost?
The monthly rent prices of Two Bedroom Apartments currently available in Albuquerque range from $772 to $5,442. Today's average rental price for Two Bedrooms here is $1,609.
How expensive are Albuquerque Three Bedroom Apartments?
There are currently 196 Three Bedroom Apartments listings available in Albuquerque on ApartmentHomeLiving.com. The pricing ranges from $982 to $4,305 - averaging $2,051 for the location.
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.

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.

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.

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.