Top Rated Apartments for Rent in Albuquerque, NM Under $1,500 (35 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Apartments in Albuquerque with the best features, newest construction, and richest amenities.

close
View Me
Lumen
Rent Specials
$1,477 - $1,872

Total Monthly Price

Base Rent$1,477 - $1,872
Total Monthly PriceVaries
1 to 2 Bedroom Apartments Available Now

Lumen

701 Stephen Moody St SEAlbuquerque, NM 87123
Active Lifestyle
  • Verified
  • Customer Reviewed
  • 3D Tour
close
View Me
SkyStone Apartments
$1,455 - $7,721

Total Monthly Price

Base Rent$1,455 - $7,721
Total Monthly PriceVaries
1 to 3 Bedroom Apartments Available Now

SkyStone Apartments

10800 Cibola Loop NWAlbuquerque, NM 87114
Corporate Housing
  • Verified
  • Customer Reviewed
  • 3D Tour
close
View Me
Diamond Mesa
$1,426 - $7,503

Total Monthly Price

Base Rent$1,426 - $7,503
Total Monthly PriceVaries
1 to 4 Bedroom Apartments Available Now

Diamond Mesa

2300 Diamond Mesa Trl SWAlbuquerque, NM 87121
  • Verified
  • Customer Reviewed
  • 3D Tour
close
View Me
Uptown Square
Rent Specials
$1,416 - $1,606

Total Monthly Price

Base Rent$1,416 - $1,606
Total Monthly PriceVaries
Studio to 2 Bedroom Apartments Available Now

Uptown Square

7000 Phoenix Ave NEAlbuquerque, NM 87110
Family Friendly
  • Verified
  • Customer Reviewed
  • 3D Tour
close
View Me
CIBOLA VILLAGE
$1,370 - $1,544

Total Monthly Price

Base Rent$1,370 - $1,544
Total Monthly PriceVaries
1 to 2 Bedroom Apartments Available Now

CIBOLA VILLAGE

12400 Montgomery Blvd NEAlbuquerque, NM 87111
Corporate Housing
  • Verified
  • Customer Reviewed
  • 3D Tour
close
View Me
Circ
Rent Specials
$1,368 - $2,020

Total Monthly Price

Base Rent$1,368 - $2,020
Total Monthly PriceVaries
1 to 3 Bedroom Apartments Available Now

Circ

10300 Golf Course Rd NWAlbuquerque, NM 87114
Corporate Housing
  • Verified
  • Customer Reviewed
  • 3D Tour
close
View Me
Casa Tierra
$1,302 - $5,226

Total Monthly Price

Base Rent$1,302 - $5,226
Total Monthly PriceVaries
1 to 3 Bedroom Apartments Available Now

Casa Tierra

4949 San Pedro Dr NEAlbuquerque, NM 87109
Corporate Housing
  • Verified
  • Customer Reviewed
  • 3D Tour

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.

Read Article
close
View Me
Nine-O-Nine Apartments
$1,195 - $1,395

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
Transit Friendly
  • Verified
  • Customer Reviewed
  • Utilities Included
close
View Me
Valley Apartments
$1,129 - $1,955

Total Monthly Price

Base Rent$1,129 - $1,955
Total Monthly PriceVaries
1 to 3 Bedroom Apartments Available Now

Valley Apartments

1812 Indian School Rd NWAlbuquerque, NM 87104
Affordability
  • Verified
  • Customer Reviewed
  • 3D Tour
close
View Me
Glo Apartments
$1,094 - $2,098

Total Monthly Price

Base Rent$1,094 - $2,098
Total Monthly PriceVaries
Studio to 2 Bedroom Apartments Available Now

Glo Apartments

3901 Indian School Rd NEAlbuquerque, NM 87110
Transit Friendly
  • Verified
  • Customer Reviewed
  • 3D Tour

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.

Read Article
close
View Me
Copper Hills
Rent Specials
$1,049 - $1,253

Total Monthly Price

Base Rent$1,049 - $1,253
Total Monthly PriceVaries
1 to 2 Bedroom Apartments Available Now

Copper Hills

4200 Spanish Bit NEAlbuquerque, NM 87111
Affordability
  • Verified
  • Customer Reviewed
  • Low Income

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.

Read Article
close
View Me
Volcanes Commons
1 to 3 Bedroom Apartments

Volcanes Commons

6901 Glenrio Rd NWAlbuquerque, NM 87121
close
View Me
Las Kivas
2 to 3 Bedroom Apartments

Las Kivas

4777 Tramway Blvd NEAlbuquerque, NM 87111
close
View Me
Aspen Plaza
1 to 2 Bedroom Apartments

Aspen Plaza

3700 Aspen Ave NEAlbuquerque, NM 87110
close
View Me
Pine Park Apartments
Studio to 2 Bedroom Apartments

Pine Park Apartments

8201 Marquette Ave NEAlbuquerque, NM 87108
  • Utilities Included
close
View Me
Valle de Atrisco
1 to 3 Bedroom Apartments

Valle de Atrisco

9901 Ceja Vista Rd SWAlbuquerque, NM 87121
close
View Me
Don Quixote Apartments
Studio to 2 Bedroom Apartments

Don Quixote Apartments

1811 Lead Ave SEAlbuquerque, NM 87106
  • Utilities Included

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

Read Article
close
View Me
Hilltop House
Studio to 1 Bedroom Apartments

Hilltop House

5700 Copper Ave NEAlbuquerque, NM 87108
  • Utilities Included
close
View Me
Entrada Pointe
$1,197 - $1,567

Total Monthly Price

Base Rent$1,197 - $1,567
Total Monthly PriceVaries
Studio to 2 Bedroom Apartments Available Now

Entrada Pointe

900 Country Club DrRio Rancho, NM 87124
Affordability
  • Verified
  • Customer Reviewed
Showing Results 1-35, Page 1 of 1

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.

Read Article
Decorative image

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.

Read Article

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.

Read Article
Decorative image

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.

decorative image of people with a giant lease agreement

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

Explore Albuquerque, NM Rentals by Map

Decorative image of map

See the most popular apartments and homes in Albuquerque, NM

View Map
Albuquerque, NM Apartments Map
View Map
Albuquerque, NM Rental Homes Map

Albuquerque, NM Area Reviews

  • Parks
  • Entertainment
  • Local Vibes
  • Restaurants
  • Location
  • Traffic
  • Public Transportation
  • Outdoor Access
  • Cost of Living
  • Safety

Frequently Asked Questions about Albuquerque

How much are Studio apartments in Albuquerque?

There are currently 681 Studio Apartments in Albuquerque with rent ranges from $695 to $2,701 with an average price of $1,921.

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 $2,868 with an average monthly rent of $1,299.

What does renting a Two Bedroom Apartment in Albuquerque cost?

The monthly rent prices of Two Bedroom Apartments currently available in Albuquerque range from $749 to $3,634. Today's average rental price for Two Bedrooms here is $1,589.

How expensive are Albuquerque Three Bedroom Apartments?

There are currently 195 Three Bedroom Apartments listings available in Albuquerque on ApartmentHomeLiving.com. The pricing ranges from $1,066 to $4,419 - averaging $2,045 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

decorative image for Your Guide to the Best Neighborhoods to Rent Near Albuquerques Top Employers article

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.

decorative image for Albuquerque Uncovered: Your Local Expert's Guide to the High Desert City article

Albuquerque Uncovered: Your Local Expert's 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.

decorative image for The Students Guide to Albuquerque: Top Neighborhoods That Put CNM and UNM Life Within Reach article

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.

decorative image for A Local Expert's Guide To The Best Budget-Friendly Neighborhoods to Rent in Albuquerque article

A Local Expert's 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.

Articles, How-To's, and Tips

decorative image for Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My! article

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

decorative image for Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags article

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.