New Apartments for Rent in Albuquerque, NM Under $4,200 (62 Rentals)

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Horizon Village
$2,890
Total Monthly Price

Total Monthly Price

Base Rent
$2,815
Required Monthly Fees
$75
Total Monthly Price
$2,890
Built in 20233 Bedroom Apartments Available Now

Horizon Village

8801 Horizon Blvd NEAlbuquerque, NM 87113
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The Charlie ABQ
Rent Specials
$2,839 - $3,763
Total Monthly Price

Total Monthly Price

Base Rent
$2,725 - $3,649
Required Monthly Fees
$114
Total Monthly Price
$2,839 - $3,763
Built in 20262 to 4 Bedroom Apartments Available Now

The Charlie ABQ

7682 Woodmont AveAlbuquerque, NM 87114
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Broadstone Nob Hill
$1,890 - $2,407
Total Monthly Price

Total Monthly Price

Base Rent
$1,882 - $2,399
Required Monthly Fees
$8
Total Monthly Price
$1,890 - $2,407
Built in 2021Studio to 2 Bedroom Apartments Available Now

Broadstone Nob Hill

4101 Central Ave NEAlbuquerque, NM 87108
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Allaso High Desert
Rent Specials
$1,718 - $3,004
Total Monthly Price

Total Monthly Price

Base Rent
$1,594 - $2,880
Required Monthly Fees
$124
Total Monthly Price
$1,718 - $3,004
Built in 20231 to 3 Bedroom Apartments Available Now

Allaso High Desert

6701 Tennyson St NEAlbuquerque, NM 87111
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Allaso Olivine
Rent Specials
$1,678 - $2,444
Total Monthly Price

Total Monthly Price

Base Rent
$1,559 - $2,325
Required Monthly Fees
$119
Total Monthly Price
$1,678 - $2,444
Built in 2025Studio to 2 Bedroom Apartments Available Now

Allaso Olivine

6925 Alameda Blvd NEAlbuquerque, NM 87113
Affordability
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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.

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Markana Uptown
$1,668 - $3,906
Total Monthly Price

Total Monthly Price

Base Rent
$1,550 - $3,788
Required Monthly Fees
$118
Total Monthly Price
$1,668 - $3,906
Built in 2023Studio to 2 Bedroom Apartments Available Now

Markana Uptown

6500 Americas Pky NEAlbuquerque, NM 87110
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The Senary by Allaso
Rent Specials
$1,640 - $2,627
Total Monthly Price

Total Monthly Price

Base Rent
$1,521 - $2,508
Required Monthly Fees
$119
Total Monthly Price
$1,640 - $2,627
Built in 2025Studio to 2 Bedroom Apartments Available Now

The Senary by Allaso

7501 Jefferson St NEAlbuquerque, NM 87109
Corporate Housing
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Allaso Vineyards
Rent Specials
$1,626 - $2,505
Total Monthly Price

Total Monthly Price

Base Rent
$1,508 - $2,387
Required Monthly Fees
$118
Total Monthly Price
$1,626 - $2,505
Built in 20231 to 2 Bedroom Apartments Available Now

Allaso Vineyards

8901 Holly Ave NEAlbuquerque, NM 87122
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One Central
$1,600 - $2,150
Total Monthly Price

Total Monthly Price

Base Rent
$1,350 - $1,900
Required Monthly Fees
$250
Total Monthly Price
$1,600 - $2,150
Built in 20182 Bedroom Apartments Available Now

One Central

1 Central Ave NWAlbuquerque, NM 87102
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Allaso Journal Center
Rent Specials
$1,596 - $2,121
Total Monthly Price

Total Monthly Price

Base Rent
$1,483 - $2,008
Required Monthly Fees
$113
Total Monthly Price
$1,596 - $2,121
Built in 2022Studio to 2 Bedroom Apartments Available Now

Allaso Journal Center

7800 Headline Blvd NEAlbuquerque, NM 87109
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Encanto at Mesa Del Sol
Rent Specials
$1,583 - $2,166
Total Monthly Price

Total Monthly Price

Base Rent
$1,389 - $1,972
Required Monthly Fees
$194
Total Monthly Price
$1,583 - $2,166
Built in 20231 to 3 Bedroom Apartments Available Now

Encanto at Mesa Del Sol

2500 Bobby Foster Rd SEAlbuquerque, NM 87106
Furnished
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  • Customer Reviewed
  • 3D Tour

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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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
Built in 20241 to 2 Bedroom Apartments Available Now

Cielo Alameda

6201 Oakland Ave NEAlbuquerque, NM 87113
Affordability
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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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TownHomes Nob Hill
Built in 20192 to 3 Bedroom Apartments

TownHomes Nob Hill

3812-3820 Copper Ave NEAlbuquerque, NM 87108
Corporate Housing
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Griegos Farms
Built in 20241 to 2 Bedroom Apartments

Griegos Farms

4520 Guadalupe Church St NWAlbuquerque, NM 87107
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Tramway Townhomes
Built in 20172 Bedroom Apartments

Tramway Townhomes

2400 Marie Park Dr NEAlbuquerque, NM 87112
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9368 Valley View Dr NW
Built in 20251 Bedroom Apartments

9368 Valley View Dr NW

9368 Valley View Dr NWAlbuquerque, NM 87114
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Olympus Highlands North
Built in 2021Studio to 2 Bedroom Apartments

Olympus Highlands North

200 Mulberry St NEAlbuquerque, NM 87106
Corporate Housing
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Reserve By Markana
Built in 2020Studio to 3 Bedroom Apartments

Reserve By Markana

6301 Alameda Blvd NEAlbuquerque, NM 87113

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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Olympus Alameda
Built in 2018Studio to 3 Bedroom Apartments

Olympus Alameda

6301 Alameda Blvd NEAlbuquerque, NM 87113
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Cresta North Valley
Built in 2020Studio to 2 Bedroom Apartments

Cresta North Valley

3308 4th St NWAlbuquerque, NM 87107
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Olympus Latitude
Built in 2023Studio to 2 Bedroom Apartments

Olympus Latitude

6700 Modesto Ave NEAlbuquerque, NM 87113
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Paseo del Rio II
Built in 20161 to 3 Bedroom Apartments

Paseo del Rio II

501 Poco Loco Dr SWAlbuquerque, NM 87105
Corporate Housing
  • Utilities Included
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El Parador
Built in 2025Studio to 1 Bedroom Apartments

El Parador

201 Yale Blvd SEAlbuquerque, NM 87106
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Poblana Place
Built in 2023Studio to 2 Bedroom Apartments

Poblana Place

2818 4th St NWAlbuquerque, NM 87107
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Nuevo Atrisco
Built in 20201 to 3 Bedroom Apartments

Nuevo Atrisco

201 Unser Blvd NWAlbuquerque, NM 87121
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Fourth Street Flats
Built in 2017Studio to 2 Bedroom Apartments

Fourth Street Flats

4419 4th St NWAlbuquerque, NM 87107
  • Utilities Included
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The Franz
Built in 2019Studio to 1 Bedroom Apartments

The Franz

1716 Central Ave NWAlbuquerque, NM 87104
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Ceja Vista Senior 55+
Built in 20231 to 2 Bedroom Apartments

Ceja Vista Senior 55+

10001 Ceja Vista Rd SWAlbuquerque, NM 87121
Senior Living
  • Utilities Included

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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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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See the most popular apartments and homes in Albuquerque, NM

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Albuquerque, NM Area Reviews

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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 University Village listed at $800.

How much is the average rent for a New Albuquerque Apartment?

The average rent for a New Apartment in Albuquerque is $1,898.

What is the largest New Albuquerque Apartment for rent?

Today's New apartment with the most square footage in Albuquerque is a 2,130 square feet unit starting from $2,839 at The Charlie ABQ.

What is the average size for Albuquerque New Apartments for rent?

The average size for a New rental in Albuquerque is currently at 698 sq ft.

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.