Apartments for Rent in Albuquerque, NM Under $1,500 (433 Rentals)

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Allaso Journal Center
Rent Specials
$1,479 - $2,393
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$1,479 - $2,393
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Studio to 2 Bedroom Apartments Available Now

Allaso Journal Center

7800 Headline Blvd NEAlbuquerque, NM 87109
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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Circ
Rent Specials
$1,403 - $2,122
Total Monthly Price

Total Monthly Price

Base Rent
$1,403 - $2,122
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1 to 3 Bedroom Apartments Available Now

Circ

10300 Golf Course Rd NWAlbuquerque, NM 87114
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Quincy
Rent Specials
$1,389 - $1,868
Total Monthly Price

Total Monthly Price

Base Rent
$1,389 - $1,868
Total Monthly Price
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1 to 3 Bedroom Apartments Available Now

Quincy

5905 Tierra Antigua St NEAlbuquerque, NM 87111
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Uptown Square
Rent Specials
$1,386 - $1,686
Total Monthly Price

Total Monthly Price

Base Rent
$1,386 - $1,686
Total Monthly Price
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Studio to 2 Bedroom Apartments Available Now

Uptown Square

7000 Phoenix Ave NEAlbuquerque, NM 87110
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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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CIBOLA VILLAGE
Rent Specials
$1,339 - $1,523
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Base Rent
$1,339 - $1,523
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1 to 2 Bedroom Apartments Available Now

CIBOLA VILLAGE

12400 Montgomery Blvd NEAlbuquerque, NM 87111
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Lumen
Rent Specials
$1,279 - $1,734
Total Monthly Price

Total Monthly Price

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$1,279 - $1,734
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1 to 2 Bedroom Apartments Available Now

Lumen

701 Stephen Moody St SEAlbuquerque, NM 87123
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Taylor Ranch
Rent Specials
$1,279 - $1,635
Total Monthly Price

Total Monthly Price

Base Rent
$1,279 - $1,635
Total Monthly Price
$1,279 - $1,635
1 to 2 Bedroom Apartments Available Now

Taylor Ranch

5601 Taylor Ranch Rd NWAlbuquerque, NM 87120
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Spring Park
$1,276 - $1,780
Total Monthly Price

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$1,276 - $1,780
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1 to 2 Bedroom Apartments Available Now

Spring Park

5801 Eubank Blvd NEAlbuquerque, NM 87111
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Sierra Meadows
Rent Specials
$1,272 - $2,013
Total Monthly Price

Total Monthly Price

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$1,272 - $2,013
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1 to 3 Bedroom Apartments Available Now

Sierra Meadows

4224-4246 Eubank BlvdAlbuquerque, NM 87111
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Your Guide to the Best Neighborhoods to Rent Near Albuquerque’s Top Employers

Moving to Albuquerque? Find the best neighborhoods near Sandia Labs, Presbyterian Healthcare Services, and UNM. Cut your commute, boost your quality of life, and find your perfect apartment or rental home.

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Stride West
$1,257 - $2,448
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$1,257 - $2,448
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1 to 2 Bedroom Apartments Available Now

Stride West

6101 Sequoia Rd NWAlbuquerque, NM 87120
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Aydan
$1,245 - $1,995
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$1,245 - $1,995
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1 to 2 Bedroom Apartments Available Now

Aydan

6000 Montano Plaza Dr NWAlbuquerque, NM 87120
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Albuquerque Uncovered: Your Local Expert's Guide to the High Desert City

Find your perfect spot in ABQ. Get a local's breakdown of Albuquerque neighborhoods like Nob Hill and Downtown, plus tips on navigating the city’s unique charm and high-desert lifestyle.

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Glo Apartments
$1,236 - $1,901
Total Monthly Price

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$1,236 - $1,901
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Studio to 2 Bedroom Apartments Available Now

Glo Apartments

3901 Indian School Rd NEAlbuquerque, NM 87110
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The Aubry
$1,224 - $3,816
Total Monthly Price

Total Monthly Price

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$1,224 - $3,816
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1 to 3 Bedroom Apartments Available Now

The Aubry

9180 Coors Rd NWAlbuquerque, NM 87120
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Casa Tierra
Rent Specials
$1,214 - $5,384
Total Monthly Price

Total Monthly Price

Base Rent
$1,214 - $5,384
Total Monthly Price
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1 to 3 Bedroom Apartments Available Now

Casa Tierra

4949 San Pedro Dr NEAlbuquerque, NM 87109
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Nine-O-Nine Apartments
Rent Specials
$1,195 - $1,395
Total Monthly Price

Total Monthly Price

Base Rent
$1,195 - $1,395
Total Monthly Price
$1,195 - $1,395
1 to 2 Bedroom Apartments Available Now

Nine-O-Nine Apartments

909 Tijeras Ave NWAlbuquerque, NM 87102
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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.

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Albuquerque, NM Local Guide

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.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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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.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Albuquerque, NM Rentals by Map

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Albuquerque, NM Area Reviews

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Frequently Asked Questions about Albuquerque

How much are Studio apartments in Albuquerque?

There are currently 684 Studio Apartments in Albuquerque with rent ranges from $645 to $2,217 with an average price of $994.

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 $500 to $2,754 with an average monthly rent of $1,300.

What does renting a Two Bedroom Apartment in Albuquerque cost?

The monthly rent prices of Two Bedroom Apartments currently available in Albuquerque range from $775 to $3,523. Today's average rental price for Two Bedrooms here is $1,586.

How expensive are Albuquerque Three Bedroom Apartments?

There are currently 198 Three Bedroom Apartments listings available in Albuquerque on ApartmentHomeLiving.com. The pricing ranges from $915 to $3,930 - averaging $1,998 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.

Helpful Local Expert Guides

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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.

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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.

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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

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.