Cheap Homes for Rent in Downtown Albuquerque Neighborhood of Albuquerque, NM from $700 (2 Rentals)

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Search the lowest-cost Homes available for rent right now in the Downtown Albuquerque area of Albuquerque.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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.

Downtown Albuquerque, Albuquerque, NM Local Guide

Best Value Apartments for Rent in Downtown Albuquerque, NM

As of September 12, 2025 the best value apartment in the Downtown Albuquerque area is the $2.10 price per square foot Lancaster Model at Huning Castle Apartments in the in the Silver Lofts neighborhood starting from $2,095. The second greatest value Downtown Albuquerque apartment is the 2x2 A Model at One Central starting at $1,600 with a $2.21 price per square foot in the Netherwood Park neighborhood. Here is today’s list of the best values for Downtown Albuquerque apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Huning Castle ApartmentsLancaster2BR,2BA$2.10
One Central2x2 A2BR,2BA$2.21
Silver Moon LodgeStudioStudio ,1BA$1.76
Nine-O-Nine ApartmentsStudioStudio ,1BA$2.26

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Pet Friendly Lifestyle
Downtown Albuquerque, Albuquerque, NM

Ranked #156

Among cities in New Mexico for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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Frequently Asked Questions about Downtown Albuquerque

What type of rentals are currently available in Downtown Albuquerque?

There are currently 68 Apartments for Rent in Downtown Albuquerque, NM with pricing that ranges from $750 to $2,595. There are also 10 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Albuquerque ranging from $750 to $5,000.

What is the current price range for Rental Homes in Downtown Albuquerque?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Albuquerque ranges from $750 to $5,000 with an average monthly rent of $2,456.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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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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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.