
Cheap Homes for Rent in Downtown Albuquerque Neighborhood of Albuquerque, NM from $1,000 (2 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Albuquerque area of Albuquerque.

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.

522 14th St NW
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.
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 | $1,673 | $1,340 | $2,200 |
| Downtown Albuquerque 3 Bedroom Homes for Rent | $2,200 | $2,100 | $2,300 |
Browse Homes for Rent in this Neighborhood
There are currently 2 rentals with your search options within a 2 mile radius of the Downtown Albuquerque Neighborhood of Albuquerque, NM.
Explore Albuquerque
Best Value Apartments for Rent in Downtown Albuquerque, NM
As of March 12, 2026 the best value apartment in the Downtown Albuquerque area is the $2.97 price per square foot 2x2 ABB Model at One Central in the in the Netherwood Park neighborhood starting from $2,150. The second greatest value Downtown Albuquerque apartment is the 1 Bedroom 1 Bath - 38725 Model at Anthea starting at $1,155 with a $1.67 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. |
|---|---|---|---|
| One Central | 2x2 ABB | 2BR,2BA | $2.97 |
| Anthea | 1 Bedroom 1 Bath - 38725 | 1BR,1BA | $1.67 |
| 505 Central Lofts | Corporate | Studio ,1BA | $2.11 |
| Mehran Lofts - Gold Avenue Realty, LLC | 1BR/1.0BA | 1BR,1BA | $1.76 |
| Carousel | 0 Bedroom 1 Bath - 38721 | Studio ,1BA | $1.50 |
| 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 73 Apartments for Rent in Downtown Albuquerque, NM with pricing that ranges from $760 to $2,150. There are also 12 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Albuquerque ranging from $1,075 to $2,300.
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 $1,075 to $2,300 with an average monthly rent of $1,688.
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.

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.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.