
New Apartments for Rent in Albuquerque, NM Under $1,500 (31 Rentals)


Diamond Mesa

Allaso Journal Center

Monterey Place
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.

Paseo del Rio II

Poblana Place

Calle Cuarta

De Anza - Nob Hill Luxury Apartments

Cresta North Valley

The Artisan @ Sawmill Village

Arroyo Vista
The 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.

Ceja Vista Senior 55+

Volcanes Commons

Zocalo Lofts

Imperial

Adobe Manor Apartments

University Village

9317 Central Ave
Cash 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.

Luminaria Senior Community
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.

Panorama

Felician Villa I - Senior 55+

Trailhead at Chamizal - NOW LEASING

Felician Villa II - Senior 55+
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 | $1,036 | $603 | $2,800 |
Albuquerque 1 Bedroom Apartments | $1,452 | $650 | $10,000+ |
Albuquerque 2 Bedroom Apartments | $1,655 | $800 | $6,819 |
Albuquerque 3 Bedroom Apartments | $2,165 | $799 | $8,021 |
Albuquerque 4 Bedroom Apartments | $3,127 | $1,300 | $10,000+ |
Explore Albuquerque

Albuquerque, NM Local Guide
- Albuquerque Neighborhoods
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Quick 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.
Getting Around Albuquerque, NM
Walk Score®
56 / 100
Somewhat Walkable
Some errands can be accomplished on foot
Bike Score®
65 / 100
Bikeable
Some bike infrastructure
Transit Score®
28 / 100
Some Transit
A few nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Albuquerque, NM Area Reviews
Frequently Asked Questions about New Albuquerque Apartments
What is the Cheapest New apartment in Albuquerque?
Currently the most affordable New Apartment in Albuquerque is at 9317 Central Ave listed at $795.
How much is the average rent for a New Albuquerque Apartment?
The average rent for a New Apartment in Albuquerque is $1,939.
What is the largest New Albuquerque Apartment for rent?
Today's New apartment with the most square footage in Albuquerque is a 2,043 square feet unit starting from $2,650 at Horizon Village Rental Homes.
What is the average size for Albuquerque New Apartments for rent?
The average size for a New rental in Albuquerque is currently at 672 sq ft.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

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.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.