
Cheap 1 Bedroom Apartments for Rent in the Downtown Neighborhood of Albuquerque, NM from $740 (11 Rentals)


Peaks at Sandia View
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Union 505

Villa de San Felipe
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Downtown, Albuquerque, NM Local Guide

How much does it cost to rent an apartment in Downtown?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Downtown Studio Apartments | $1,000 | $740 | $1,258 |
Downtown 1 Bedroom Apartments | $1,280 | $740 | $2,399 |
Downtown 2 Bedroom Apartments | $1,665 | $1,202 | $2,535 |
Downtown 3 Bedroom Apartments | $1,787 | $1,469 | $2,075 |
Downtown 4 Bedroom Apartments | $2,299 | $2,299 | $2,299 |
Explore Albuquerque
Frequently Asked Questions about Cheap Downtown Apartments
What is a cheap apartment in Downtown?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Downtown is under $1,265.
What is the price of a cheap apartment in Downtown?
The cheapest apartment in Downtown is Silver Gardens Apartments which is listed at $740, while the average apartment in Downtown costs $2,499.
What types of apartments are the cheapest in Downtown?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 10 regular apartments in Downtown that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Downtown?
Cheap apartments in Downtown have an average cost of $257 which is $2,242 cheaper than the average rent for all rentals in Downtown.
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.

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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.

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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.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
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