Top Rated Apartments for Rent in Albuquerque, NM Under $1,500 (76 Rentals)

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

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Ottavo
Rent Specials
$1,481 - $2,199
Total Monthly Price

Total Monthly Price

Base Rent
$1,328 - $2,046
Required Monthly Fees
$153
Total Monthly Price
$1,481 - $2,199
1 to 3 Bedroom Apartments Available Now

Ottavo

6350 Eubank Blvd NEAlbuquerque, NM 87111
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Quincy
Rent Specials
$1,471 - $2,146
Total Monthly Price

Total Monthly Price

Base Rent
$1,387 - $2,062
Required Monthly Fees
$84
Total Monthly Price
$1,471 - $2,146
1 to 3 Bedroom Apartments Available Now

Quincy

5905 Tierra Antigua St NEAlbuquerque, NM 87111
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Cielo Alameda
Rent Specials
$1,449 - $2,435
Total Monthly Price

Total Monthly Price

Base Rent
$1,377 - $2,363
Required Monthly Fees
$72
Total Monthly Price
$1,449 - $2,435
1 to 2 Bedroom Apartments Available Now

Cielo Alameda

6201 Oakland Ave NEAlbuquerque, NM 87113
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Lumen
Rent Specials
$1,438 - $1,616
Total Monthly Price

Total Monthly Price

Base Rent
$1,375 - $1,553
Required Monthly Fees
$63
Total Monthly Price
$1,438 - $1,616
1 to 2 Bedroom Apartments Available Now

Lumen

701 Stephen Moody St SEAlbuquerque, NM 87123
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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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Glo Apartments
$1,345 - $1,905
Total Monthly Price

Total Monthly Price

Base Rent
$1,264 - $1,824
Required Monthly Fees
$81
Total Monthly Price
$1,345 - $1,905
Studio to 2 Bedroom Apartments Available Now

Glo Apartments

3901 Indian School Rd NEAlbuquerque, NM 87110
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Indigo Park
Rent Specials
$1,281 - $2,551
Total Monthly Price

Total Monthly Price

Base Rent
$939 - $2,209
Required Monthly Fees
$342
Total Monthly Price
$1,281 - $2,551
1 to 3 Bedroom Apartments Available Now

Indigo Park

7600 Montgomery Blvd NEAlbuquerque, NM 87109
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Las Mananitas Apartments
Rent Specials
$1,260 - $2,195
Total Monthly Price

Total Monthly Price

Base Rent
$1,260 - $2,195
Total Monthly Price
$1,260 - $2,195
Studio to 3 Bedroom Apartments Available Now

Las Mananitas Apartments

6200 Montano Plaza Dr NWAlbuquerque, NM 87120
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Valley Apartments
$1,221 - $1,757
Total Monthly Price

Total Monthly Price

Base Rent
$1,137 - $1,673
Required Monthly Fees
$84
Total Monthly Price
$1,221 - $1,757
1 to 3 Bedroom Apartments Available Now

Valley Apartments

1812 Indian School Rd NWAlbuquerque, NM 87104
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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

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Spring Park
Rent Specials
$1,204 - $1,733
Total Monthly Price

Total Monthly Price

Base Rent
$1,120 - $1,649
Required Monthly Fees
$84
Total Monthly Price
$1,204 - $1,733
1 to 2 Bedroom Apartments Available Now

Spring Park

5801 Eubank Blvd NEAlbuquerque, NM 87111
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Canoan Village
$1,114 - $1,644
Total Monthly Price

Total Monthly Price

Base Rent
$1,037 - $1,567
Required Monthly Fees
$77
Total Monthly Price
$1,114 - $1,644
Studio to 2 Bedroom Apartments Available Now

Canoan Village

5300 Eubank Blvd NEAlbuquerque, NM 87111
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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.

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Odyssey Apartments
Rent Specials
$1,075 - $2,627
Total Monthly Price

Total Monthly Price

Base Rent
$907 - $2,459
Required Monthly Fees
$168
Total Monthly Price
$1,075 - $2,627
Studio to 3 Bedroom Apartments Available Now

Odyssey Apartments

10600 Cibola Loop NWAlbuquerque, NM 87114
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CIBOLA VILLAGE
$1,019 - $1,489
Total Monthly Price

Total Monthly Price

Base Rent
$979 - $1,449
Required Monthly Fees
$40
Total Monthly Price
$1,019 - $1,489
1 to 2 Bedroom Apartments Available Now

CIBOLA VILLAGE

12400 Montgomery Blvd NEAlbuquerque, NM 87111
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Eagle Point Apartments
Rent Specials
$984 - $1,498
Total Monthly Price

Total Monthly Price

Base Rent
$956 - $1,470
Required Monthly Fees
$28
Total Monthly Price
$984 - $1,498
Studio to 2 Bedroom Apartments Available Now

Eagle Point Apartments

4401 Morris St NEAlbuquerque, NM 87111
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Tierra Pointe
Rent Specials
$913 - $2,840
Total Monthly Price

Total Monthly Price

Base Rent
$901 - $2,828
Required Monthly Fees
$12
Total Monthly Price
$913 - $2,840
Studio to 3 Bedroom Apartments Available Now

Tierra Pointe

6901-6901 Los Volcanes Rd NWAlbuquerque, NM 87121
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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.

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Sedona Ridge
Rent Specials
$899 - $1,680
Total Monthly Price

Total Monthly Price

Base Rent
$897 - $1,678
Required Monthly Fees
$2
Total Monthly Price
$899 - $1,680
1 to 3 Bedroom Apartments Available Now

Sedona Ridge

3400 Wyoming Blvd NEAlbuquerque, NM 87111
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Comanche Wells
Rent Specials
$779 - $2,850
Total Monthly Price

Total Monthly Price

Base Rent
$764 - $2,835
Required Monthly Fees
$15
Total Monthly Price
$779 - $2,850
Studio to 2 Bedroom Apartments Available Now

Comanche Wells

3400 Comanche Rd NEAlbuquerque, NM 87107
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  • Low Income
Showing Results 1-50, Page 1 of 2

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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Don'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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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.

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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.

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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.

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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 $2,179 with an average price of $2,081.

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 $710 to $2,646 with an average monthly rent of $1,311.

What does renting a Two Bedroom Apartment in Albuquerque cost?

The monthly rent prices of Two Bedroom Apartments currently available in Albuquerque range from $796 to $3,995. Today's average rental price for Two Bedrooms here is $1,604.

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 $1,004 to $3,500 - averaging $2,052 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

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

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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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.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.