Apartments for Rent in Albuquerque, NM Under $700 (62 Rentals)

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property at 1111 Amherst Dr SE
$650 - $975
1 To 2 Bedroom Rentals
Available Now
Affordability

1111 Amherst Dr SE

AlbuquerqueNM87106
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210 High St NE
Studio to 1 Bedroom Apartments

210 High St NE

210 High St NEAlbuquerque, NM 87102
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Somerset Lofts
1 Bedroom Apartments

Somerset Lofts

700 Truman St NEAlbuquerque, NM 87110
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Manzano
2 Bedroom Apartments

Manzano

129-149 Manzano St NEAlbuquerque, NM 87108
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332 Grove St SE
1 Bedroom Apartments

332 Grove St SE

332 Grove St SEAlbuquerque, NM 87108

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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3435 Smith Ave SE
2 Bedroom Apartments

3435 Smith Ave SE

3435 Smith Ave SEAlbuquerque, NM 87106
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510 Adams St NE
1 Bedroom Apartments

510 Adams St NE

510 Adams St NEAlbuquerque, NM 87108
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1028 Alvarado Dr
1 Bedroom Apartments

1028 Alvarado Dr

1028 Alvarado DrAlbuquerque, NM 87108
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1611 Gold Ave SE
Studio Apartments

1611 Gold Ave SE

1611 Gold Ave SEAlbuquerque, NM 87106
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Arcadia Courtyard
1 Bedroom Apartments

Arcadia Courtyard

1020 Park Ave SWAlbuquerque, NM 87102
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Columbia Apartments
1 to 2 Bedroom Apartments

Columbia Apartments

205-209 Columbia Dr SEAlbuquerque, NM 87106
  • Utilities Included

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.

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420 Jefferson St NE
1 to 2 Bedroom Apartments

420 Jefferson St NE

420 Jefferson St NEAlbuquerque, NM 87108
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1801 Coal Pl SE
1 Bedroom Apartments

1801 Coal Pl SE

1801 Coal Pl SEAlbuquerque, NM 87106
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Sunshine Apartments
2 Bedroom Apartments

Sunshine Apartments

1601-1621 Sunshine Ter Ave SEAlbuquerque, NM 87106
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Candelaria Gardens
2 Bedroom Apartments

Candelaria Gardens

820 Candelaria Rd NWAlbuquerque, NM 87107
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Fair Plaza Apartments
1 Bedroom Apartments

Fair Plaza Apartments

5901 Alice Ave NEAlbuquerque, NM 87110
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Kachina Apartments
1 to 2 Bedroom Apartments

Kachina Apartments

301 Harvard Dr SEAlbuquerque, NM 87106
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Lobo Rainforest
2 Bedroom Apartments

Lobo Rainforest

101 Broadway Blvd NEAlbuquerque, NM 87102
Student Housing

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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628-636 Morris St NE
1 Bedroom Apartments

628-636 Morris St NE

628-636 Morris St NEAlbuquerque, NM 87123
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219 Walter St NE
1 Bedroom Apartments

219 Walter St NE

219-223 Walter St SEAlbuquerque, NM 87102
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1207 Barelas Rd SW
3 Bedroom Apartments

1207 Barelas Rd SW

1207 Barelas Rd SWAlbuquerque, NM 87102
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1725 Paisano St Ne
1 Bedroom Apartments

1725 Paisano St Ne

1725 Paisano St NeAlbuquerque, NM 87112
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11101 Towner Ave NE
1 to 2 Bedroom Apartments

11101 Towner Ave NE

11101 Towner Ave NEAlbuquerque, NM 87112
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Donna Ann Apartments
1 to 2 Bedroom Apartments

Donna Ann Apartments

7905-8021 Marquette Ave NEAlbuquerque, NM 87108
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1405 Gold Ave SE
1 to 2 Bedroom Apartments

1405 Gold Ave SE

1405 Gold Ave SEAlbuquerque, NM 87106
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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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Casa Del Rey Sur
1 Bedroom Apartments

Casa Del Rey Sur

112 Cardenas Dr NEAlbuquerque, NM 87108
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Columbian Apartments
1 to 2 Bedroom Apartments

Columbian Apartments

208 Columbia Dr SEAlbuquerque, NM 87106
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217 Walter St NE
Studio Apartments

217 Walter St NE

217 Walter St NEAlbuquerque, NM 87102
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Yucca House
1 Bedroom Apartments

Yucca House

1015 Valencia Dr SEAlbuquerque, NM 87108
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1420 4th St NW
1 to 2 Bedroom Apartments

1420 4th St NW

1420-1422 4th St NWAlbuquerque, NM 87102
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123 53rd St NW
1 to 3 Bedroom Apartments

123 53rd St NW

123 53rd St NWAlbuquerque, NM 87105
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126 Charleston St NE
Studio to 1 Bedroom Apartments

126 Charleston St NE

126-130 Charleston St SEAlbuquerque, NM 87108

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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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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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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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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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 Albuquerque

How much are Studio apartments in Albuquerque?

There are currently 681 Studio Apartments in Albuquerque with rent ranges from $645 to $2,701 with an average price of $986.

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

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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.

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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.

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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.

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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

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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.

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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.

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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.

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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.