Apartments for Rent in Albuquerque, NM Under $700 (53 Rentals)

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Rent Specials

$700 - $963Studio to 1 Bedroom Apartments Available Now

Juniper Flats

25 Hotel Cir NEAlbuquerque, NM 87123

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$645 - $1,395Studio to 3 Bedroom Apartments Available Now

The Loop @950

950 Louisiana Blvd SEAlbuquerque, NM 87108

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Rent Specials

$599 - $2,500Studio to 5 Bedroom Apartments Available Now

Diamond Elite Luxury Townhomes

3003 Transport St SEAlbuquerque, NM 87106

Corporate Housing

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$500 - $1,0101 to 2 Bedroom Apartments Available Now

Home @ Valencia

5500 Eastern Ave SEAlbuquerque, NM 87108

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$700

Studio, 1 Bath Home for Rent

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3600 Osuna Rd NE

AlbuquerqueNM87109

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1 to 2 Bedroom Apartments

816 Coal Ave SW

816 Coal Ave SWAlbuquerque, NM 87102

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Studio to 1 Bedroom Apartments

210 High St NE

210 High St NEAlbuquerque, NM 87102

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1 Bedroom Apartments

Somerset Lofts

700 Truman St NEAlbuquerque, NM 87110

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2 Bedroom Apartments

Manzano

129-149 Manzano St NEAlbuquerque, NM 87108

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2 Bedroom Apartments

308 Whispering Sands Ct SE

308 Whispering Sands Ct SEAlbuquerque, NM 87123

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.

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1 Bedroom Apartments

1028 Alvarado Dr

1028 Alvarado DrAlbuquerque, NM 87108

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Studio Apartments

1611 Gold Ave SE

1611 Gold Ave SEAlbuquerque, NM 87106

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1 to 3 Bedroom Apartments

Tesota Four Hills South

425 Western Skies Dr SEAlbuquerque, NM 87123

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1 to 2 Bedroom Apartments

420 Jefferson St NE

420 Jefferson St NEAlbuquerque, NM 87108

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1 Bedroom Apartments

1801 Coal Pl SE

1801 Coal Pl SEAlbuquerque, NM 87106

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1 Bedroom Apartments

Arcadia Courtyard

1020 Park Ave SWAlbuquerque, NM 87102

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1 to 2 Bedroom Apartments

Columbia Apartments

205-209 Columbia Dr SEAlbuquerque, NM 87106

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2 Bedroom Apartments

Candelaria Gardens

820 Candelaria Rd NWAlbuquerque, NM 87107

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1 Bedroom Apartments

200-206 Pennsylvania St NE

200-206 Pennsylvania St NEAlbuquerque, NM 87108

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1 to 2 Bedroom Apartments

Morris Townhome Apartments

600-620 Morris St NEAlbuquerque, NM 87123

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.

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2 Bedroom Apartments

Sunshine Apartments

1601-1621 Sunshine Ter Ave SEAlbuquerque, NM 87106

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Studio Apartments

328 Tennessee St SE

328 Tennessee St SEAlbuquerque, NM 87108

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1 Bedroom Apartments

Fair Plaza Apartments

5901 Alice Ave NEAlbuquerque, NM 87110

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1 Bedroom Apartments

1516 Tijeras Ave NE

1516-1522 Tijeras Ave NEAlbuquerque, NM 87106

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1 to 2 Bedroom Apartments

Kachina Apartments

301 Harvard Dr SEAlbuquerque, NM 87106

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2 Bedroom Apartments

Lobo Rainforest

101 Broadway Blvd NEAlbuquerque, NM 87102

Student Housing

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1 Bedroom Apartments

628-636 Morris St NE

628-636 Morris St NEAlbuquerque, NM 87123

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1 Bedroom Apartments

219 Walter St NE

219-223 Walter St SEAlbuquerque, NM 87102

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1 Bedroom Apartments

Hacienda Norte Apartments

201 Adams St SEAlbuquerque, NM 87108

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1 to 2 Bedroom Apartments

11101 Towner Ave NE

11101 Towner Ave NEAlbuquerque, NM 87112

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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1 to 2 Bedroom Apartments

Donna Ann Apartments

7905-8021 Marquette Ave NEAlbuquerque, NM 87108

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1 to 2 Bedroom Apartments

1405 Gold Ave SE

1405 Gold Ave SEAlbuquerque, NM 87106

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Studio to 1 Bedroom Apartments

Sunport Plaza Apartments

1301-1325 Wellesley Dr SEAlbuquerque, NM 87106

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1 Bedroom Apartments

Casa Del Rey Sur

112 Cardenas Dr NEAlbuquerque, NM 87108

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1 to 2 Bedroom Apartments

Patios - FREE Utilities+Standard Cable

1116-1208 Ortiz Dr SEAlbuquerque, NM 87108

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1 to 2 Bedroom Apartments

Columbian Apartments

208 Columbia Dr SEAlbuquerque, NM 87106

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2 to 3 Bedroom Apartments

217 Pennsylvania St NE

217-225 Pennsylvania St NEAlbuquerque, NM 87108

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1 Bedroom Apartments

Yucca House

1015 Valencia Dr SEAlbuquerque, NM 87108

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1 to 2 Bedroom Apartments

1420 4th St NW

1420-1422 4th St NWAlbuquerque, NM 87102

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Studio Apartments

Amber Sky Apartments

2306 Garfield Ave SEAlbuquerque, NM 87106

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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Studio to 1 Bedroom Apartments

126 Charleston St NE

126-130 Charleston St SEAlbuquerque, NM 87108

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Studio to 2 Bedroom Apartments

7900-7904 Trumbull Ave SE

7900-7904 Trumbull Ave SEAlbuquerque, NM 87108

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1 Bedroom Apartments

436 Utah St NE

436 Utah St NEAlbuquerque, NM 87108

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Studio to 4 Bedroom Apartments

Warren Park Apartments

900 Continental Loop SEAlbuquerque, NM 87108

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1 Bedroom Apartments

209 Charleston St NE

209-225 Charleston St NEAlbuquerque, NM 87108

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1 Bedroom Apartments

3400 Crest Ave SE

3400-3408 Crest Ave SEAlbuquerque, NM 87106

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1 to 2 Bedroom Apartments

Virginia Rose Apartments

310 Virginia St SEAlbuquerque, NM 87108

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1 Bedroom Apartments

3409 Crest Ave SE

3409 Crest Ave SEAlbuquerque, NM 87106

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Studio to 1 Bedroom Apartments

Princeton Hall Apartments

318-320 Princeton Dr SEAlbuquerque, NM 87106

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2 Bedroom Apartments

Tucson Apartments

5401-5405 Tucson Rd NWAlbuquerque, NM 87120

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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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 $700	$950	$645	$1,826
Albuquerque 1 Bedroom Apartments Under $700	$1,297	$500	$2,532
Albuquerque 2 Bedroom Apartments Under $700	$1,602	$795	$3,523
Albuquerque 3 Bedroom Apartments Under $700	$2,087	$1,066	$3,930
Albuquerque 4 Bedroom Apartments Under $700	$3,049	$1,300	$3,763

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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.

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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.

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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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Frequently Asked Questions about Albuquerque

How much are Studio apartments in Albuquerque?

There are currently 681 Studio Apartments in Albuquerque with rent ranges from $645 to $1,826 with an average price of $950.

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 $2,532 with an average monthly rent of $1,297.

What does renting a Two Bedroom Apartment in Albuquerque cost?

The monthly rent prices of Two Bedroom Apartments currently available in Albuquerque range from $795 to $3,523. Today's average rental price for Two Bedrooms here is $1,602.

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 $3,930 - averaging $2,087 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

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 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.

Albuquerque Uncovered: Your Local Experts 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.