
Apartments for Rent in the Downtown Neighborhood of Albuquerque, NM Under $1,200 (34 Rentals)


Millennium Flats

The Artisan @ Sawmill Village

Villa De San Felipe

Silver Moon Lodge

Total Monthly Price
Nine-O-Nine Apartments

Zocalo Lofts

Silver Gardens Apartments
Your Guide to the Best Neighborhoods to Rent Near Albuquerque’s Top Employers
Moving to Albuquerque? Find the best neighborhoods near Sandia Labs, Presbyterian Healthcare Services, and UNM. Cut your commute, boost your quality of life, and find your perfect apartment or rental home.

Total Monthly Price
508 5th St SW, Unit C, Unit C

401 14th St NW

301 Central Ave NE

300 Tijeras Ave NE

614 11th St SW

120 10th St NW

210 High St NE

Lobo Rainforest
Albuquerque Uncovered: Your Local Expert's Guide to the High Desert City
Find your perfect spot in ABQ. Get a local's breakdown of Albuquerque neighborhoods like Nob Hill and Downtown, plus tips on navigating the city’s unique charm and high-desert lifestyle.

1420 4th St NW

Anthea

Old Town Casitas

Mehran Lofts - Gold Avenue Realty, LLC

Casitas de Colores

The Franz

Imperial

Sterling Downtown
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.

The Crossroads

Regina & Walter/Silver Apartments

Downtown @ 700

Sawmill Lofts

Carousel

Villa Nueva Senior Apartments

El Sol

816 Coal Ave SW
Check Out Albuquerque’s Best Affordable Neighborhoods
Learn about Albuquerque and the best places to live with original content written by our Local Expert Esther Lombardi

Arcadia Courtyard

219 Walter St NE
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 | $979 | $790 | $1,800 |
| Downtown 1 Bedroom Apartments | $1,302 | $950 | $1,700 |
| Downtown 2 Bedroom Apartments | $1,654 | $1,188 | $2,795 |
| Downtown 3 Bedroom Apartments | $1,629 | $1,398 | $1,800 |
Browse Apartments in this Neighborhood
There are currently 34 rentals with your search options within a 2 mile radius of the Downtown Neighborhood of Albuquerque, NM.
See all Apartments in AlbuquerqueExplore Albuquerque
Frequently Asked Questions about Downtown
How much are Studio apartments in Downtown?
There are currently 86 Studio Apartments in Downtown with rent ranges from $790 to $1,800 with an average price of $979.
What is the current price range for One Bedroom Downtown Apartments for rent?
Today's rental pricing for One Bedroom Apartments in Downtown ranges from $950 to $1,700 with an average monthly rent of $1,302.
What does renting a Two Bedroom Apartment in Downtown cost?
The monthly rent prices of Two Bedroom Apartments currently available in Downtown range from $1,188 to $2,795. Today's average rental price for Two Bedrooms here is $1,654.
How expensive are Downtown Three Bedroom Apartments?
There are currently 9 Three Bedroom Apartments listings available in Downtown on ApartmentHomeLiving.com. The pricing ranges from $1,398 to $1,800 - averaging $1,629 for the location.
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

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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.