317 15th St NW
AlbuquerqueNM87104
Cheap Homes for Rent in Downtown Albuquerque Neighborhood of Albuquerque, NM from $1,500 (4 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Albuquerque area of Albuquerque.
700 Fruit Ave NW
AlbuquerqueNM87102
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.
505 Marble Ave NW, Unit House
505 Marble Ave NW
AlbuquerqueNM87102
1230 8th St NW
AlbuquerqueNM87102
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
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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 | $2,666 | $1,500 | $4,500 |
| Downtown Albuquerque 3 Bedroom Homes for Rent | $3,281 | $2,195 | $5,000 |
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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Downtown Albuquerque, Albuquerque, NM Local Guide
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Best Value Apartments for Rent in Downtown Albuquerque, NM
As of June 18, 2025 the best value apartment in the Downtown Albuquerque area is the $1.54 price per square foot Fully Furnished & Decorated Model at Sunport Luxury Townhomes in the in the Southeast Quadrant neighborhood starting from $2,900. The second greatest value Downtown Albuquerque apartment is the Amazing Model at 873-895 Silver Ave SW starting at $1,450 with a $1.50 price per square foot in the Hunning Highland 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. |
|---|---|---|---|
| Sunport Luxury Townhomes | Fully Furnished & Decorated | 5BR,5BA | $1.54 |
| 873-895 Silver Ave SW | Amazing | 1BR,1BA | $1.50 |
| Valley Apartments | River Platinum | 2BR,1BA | $1.64 |
| Cresta North Valley | 1 bed/1 bath | 1BR,1BA | $1.60 |
| El Parador | Type A | 1BR,1BA | $2.14 |
| Nine-O-Nine Apartments | One Bedroom | 1BR,1BA | $1.47 |
| Peaks at Sandia View | 1x1R-638 | 1BR,1BA | $1.57 |
| One Central | 1x1 AB | 1BR,1BA | $2.39 |
| Alvarado Apartments | A1 | 1BR,1BA | $2.35 |
| Millennium Flats - Washer-Dryer Included | Studio | Studio ,1BA | $2.40 |
Quick Rent Budget Calculator
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Frequently Asked Questions about Downtown Albuquerque
What type of rentals are currently available in Downtown Albuquerque?
There are currently 79 Apartments for Rent in Downtown Albuquerque, NM with pricing that ranges from $740 to $2,900. There are also 9 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Albuquerque ranging from $1,500 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 $1,500 to $5,000 with an average monthly rent of $2,973.
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.
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.
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.
The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.
Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.