522 14th St NW
AlbuquerqueNM87104
Cheap Homes for Rent in Downtown Albuquerque Neighborhood of Albuquerque, NM from $1,100 (4 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Albuquerque area of Albuquerque.
816 13th St NW
AlbuquerqueNM87102
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.
702 Fruit Ave NW
AlbuquerqueNM87102
706 Fruit Ave NW
AlbuquerqueNM87102
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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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 | $1,678 | $1,399 | $2,200 |
| Downtown Albuquerque 3 Bedroom Homes for Rent | $2,250 | $2,250 | $2,250 |
Browse Homes for Rent in this Neighborhood
There are currently 4 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 April 26, 2026 the best value apartment in the Downtown Albuquerque area is the $1.67 price per square foot 817 Slate Ave NW Model at 817 Slate Ave NW, Unit 817 in the in the Hunning Highland neighborhood starting from $2,000. The second greatest value Downtown Albuquerque apartment is the Studio Model at 505 Central Lofts starting at $1,000 with a $1.35 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. |
|---|---|---|---|
| 817 Slate Ave NW, Unit 817 | 817 Slate Ave NW | 2BR,1BA | $1.67 |
| 505 Central Lofts | Studio | Studio ,1BA | $1.35 |
| One Central | 2x2 ABB | 2BR,2BA | $2.76 |
| Silver Moon Lodge | Studio | Studio ,1BA | $1.76 |
| Nine-O-Nine Apartments | Studio | Studio ,1BA | $2.26 |
| Mehran Lofts - Gold Avenue Realty, LLC | 1BR/1.0BA | 1BR,1BA | $2.22 |
| 228 16th St NW | Studios | Studio ,1BA | $3.75 |
| 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 72 Apartments for Rent in Downtown Albuquerque, NM with pricing that ranges from $790 to $2,200. There are also 10 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Albuquerque ranging from $1,100 to $2,250.
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 $1,100 to $2,250 with an average monthly rent of $1,733.
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
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.
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.
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.