
Apartments for Rent in Albuquerque, NM Under $4,200 (477 Rentals)


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The Charlie ABQ

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Overture Albuquerque 55+ Active Adult Apartment Homes

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Overture Andalucia 55+ Active Adult Apartment Homes

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Broadstone Nob Hill

Zia Townhomes

Affinity at Albuquerque 55+

Huning Castle Apartments

Indian Ridge

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Allaso High Desert
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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Allaso Olivine

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Markana Uptown

Andalucia Villas

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The Senary by Allaso

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Allaso Vineyards

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One Central

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Allaso Journal Center

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Encanto at Mesa Del Sol

Mesa Del Oso

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Diamond Mesa
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

Q @ Uptown

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Cantata at the Trails

Monterey Place

The Dillon Luxury Apartments

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Circ

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SkyStone Apartments

Las Kivas

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Quincy

Siegel Select ABQ I

Brio Sandia
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.

Ocotillo Ridge

200 Cornell Dr

Q @ Vassar

La Mirage Apartment Homes

Broadstone Heights

The Aspens

The Artisan @ Sawmill Village

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Lumen

Wintergreen Apartments

Villas @ Rio
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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505 Walter St SE

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Cielo Alameda

Altezza High Desert

ABQ Uptown Apartments

Arterra

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Ottavo

Allegro at Tanoan

Resort at Sandia Village

City View

Gracey's Nation - Truman Community
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 $4200 | $1,117 | $620 | $2,185 |
| Albuquerque 1 Bedroom Apartments Under $4200 | $1,317 | $650 | $2,857 |
| Albuquerque 2 Bedroom Apartments Under $4200 | $1,606 | $771 | $4,195 |
| Albuquerque 3 Bedroom Apartments Under $4200 | $2,042 | $982 | $3,632 |
| Albuquerque 4 Bedroom Apartments Under $4200 | $2,955 | $1,300 | $3,763 |
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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!
Explore Albuquerque, NM Rentals by Map
See the most popular apartments and homes in Albuquerque, NM
Albuquerque, NM Area Reviews
Frequently Asked Questions about Albuquerque
How much are Studio apartments in Albuquerque?
There are currently 685 Studio Apartments in Albuquerque with rent ranges from $620 to $2,185 with an average price of $1,117.
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 $650 to $2,857 with an average monthly rent of $1,317.
What does renting a Two Bedroom Apartment in Albuquerque cost?
The monthly rent prices of Two Bedroom Apartments currently available in Albuquerque range from $771 to $4,195. Today's average rental price for Two Bedrooms here is $1,606.
How expensive are Albuquerque Three Bedroom Apartments?
There are currently 197 Three Bedroom Apartments listings available in Albuquerque on ApartmentHomeLiving.com. The pricing ranges from $982 to $3,632 - averaging $2,042 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.

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.

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.

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.