706 Fruit Ave NW
AlbuquerqueNM87102
Cheap Homes for Rent in Downtown Albuquerque Neighborhood of Albuquerque, NM from $1,300 (3 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Albuquerque area of Albuquerque.
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.
700 F Ave SE
AlbuquerqueNM87116
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.
505 Marble Ave NW
AlbuquerqueNM87102
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Downtown Albuquerque, Albuquerque, NM Local Guide
How much does it cost to rent a home in Downtown Albuquerque?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Albuquerque 2 Bedroom Homes for Rent | $2,085 | $1,399 | $2,850 |
| Downtown Albuquerque 3 Bedroom Homes for Rent | $2,000 | $2,000 | $2,000 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Homes for Rent in this Neighborhood
There are currently 3 rentals with your search options within a 2 mile radius of the Downtown Albuquerque Neighborhood of Albuquerque, NM.
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Best Value Apartments for Rent in Downtown Albuquerque, NM
As of June 11, 2026 the best value apartment in the Downtown Albuquerque area is the $2.12 price per square foot Dover Building A & B Model at Huning Castle Apartments in the in the Silver Lofts neighborhood starting from $2,150. The second greatest value Downtown Albuquerque apartment is the Studio Model at 505 Central Lofts starting at $1,300 with a $1.76 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Huning Castle Apartments | Dover Building A & B | 2BR,2BA | $2.12 |
| 505 Central Lofts | Studio | Studio ,1BA | $1.76 |
| One Central | 2x2 ABB | 2BR,2BA | $2.76 |
| Mehran Lofts | 0BR/1.0BA | Studio ,1BA | $1.75 |
| Silver Moon Lodge | Studio | Studio ,1BA | $1.76 |
| Nine-O-Nine Apartments | Studio | Studio ,1BA | $2.26 |
| Millennium Flats | Unit Type A | Studio ,1BA | $2.56 |
Frequently Asked Questions about Downtown Albuquerque
What type of rentals are currently available in Downtown Albuquerque?
There are currently 70 Apartments for Rent in Downtown Albuquerque, NM with pricing that ranges from $760 to $2,195. There are also 9 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Albuquerque ranging from $1,399 to $3,000.
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 $1,399 to $3,000 with an average monthly rent of $2,016.
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.
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.
Articles, How-To's, and Tips
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.
Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.
Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.
Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.