
Apartments for Rent in Albuquerque, NM Under $1,200 (334 Rentals)


Overlook

Taylor Ridge Apartments

1233 Chelwood Park Blvd NE, Unit D

1207 Barelas St SW, Unit C

The Heights at Tramway

Sierra Meadows

Silverado

Telegraph Hill

CIBOLA VILLAGE
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.

Spring Park

Lumen

The Lakes

Eagle Ranch Apartments

1/2 OFF FIRST MONTHS RENT

Del Rio Apartments

Stride West

Valley Apartments

Aydan

MOUNTAIN VISTA
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

AYA ABQ

The Reserve

Sun Plaza

Glo Apartments

The Valencia

309 Columbia Dr SE, Unit B

223 Cornell Dr SE, Unit B

10116 Comanche Rd NE, Unit Comanche Apartments

Oak Tree Park
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.

Villas Del Cielo

Nine-O-Nine Apartments

Northeastern

Northpointe Village

Pinon Terrace

Sungate

River Walk at Puerta de Corrales

Mesa Ridge Apartments

Borderman's Reef

Villa Serena Apartments
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.

Sunset Pointe

Calero

Milo

Villa Apartments

La Vida Buena Apartments

Casa Del Arroyo Apartments

Tesoro on Spain

Peaks at Sandia View

520 Tennessee St NE

505 Central Lofts
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 $1200 | $1,135 | $559 | $2,133 |
| Albuquerque 1 Bedroom Apartments Under $1200 | $1,308 | $695 | $4,121 |
| Albuquerque 2 Bedroom Apartments Under $1200 | $1,599 | $835 | $3,961 |
| Albuquerque 3 Bedroom Apartments Under $1200 | $2,016 | $1,020 | $3,885 |
| Albuquerque 4 Bedroom Apartments Under $1200 | $2,929 | $1,300 | $3,649 |
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Albuquerque, NM Local Guide
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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.
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!
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Albuquerque, NM Area Reviews
Frequently Asked Questions about Albuquerque
How much are Studio apartments in Albuquerque?
There are currently 677 Studio Apartments in Albuquerque with rent ranges from $559 to $2,133 with an average price of $1,135.
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 $695 to $4,121 with an average monthly rent of $1,308.
What does renting a Two Bedroom Apartment in Albuquerque cost?
The monthly rent prices of Two Bedroom Apartments currently available in Albuquerque range from $835 to $3,961. Today's average rental price for Two Bedrooms here is $1,599.
How expensive are Albuquerque Three Bedroom Apartments?
There are currently 199 Three Bedroom Apartments listings available in Albuquerque on ApartmentHomeLiving.com. The pricing ranges from $1,020 to $3,885 - averaging $2,016 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.

How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.
