408 Keleher Ave NW
AlbuquerqueNM87102
Cheap Homes for Rent in Downtown Neighborhood of Albuquerque, NM from $700 (6 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown area of Albuquerque.
300 Tijeras Ave NE
AlbuquerqueNM87102
517 Gold Ave SW
AlbuquerqueNM87102
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
1508 Edith Blvd NE
AlbuquerqueNM87102
1012 21st St NW
AlbuquerqueNM87104
706 Fruit Ave NW
AlbuquerqueNM87102
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.
Showing Results 1-6, Page 1 of 1
Downtown, Albuquerque, NM Local Guide
How much does it cost to rent a home in Downtown?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown 2 Bedroom Homes for Rent | $2,462 | $1,399 | $5,000 |
| Downtown 3 Bedroom Homes for Rent | $3,516 | $2,599 | $5,000 |
Browse Homes for Rent in this Neighborhood
There are currently 6 rentals with your search options within a 2 mile radius of the Downtown Neighborhood of Albuquerque, NM.
Explore Albuquerque
Let everyone know!
Do you know the Downtown area?
If you’re an expert on all things Downtown, tell us what you love (and don't) by rating it and writing a review.
Write a Review
Cheapest Available Downtown Apartments for Rent
The cheapest available apartment rental in the Downtown area of Albuquerque, NM is a 1 Bed unit found at Silver Gardens Apartments priced from $740. Silver Moon Lodge has the second lowest priced unit, which is a Studio apartment currently listed from $897. Here are the most affordable Downtown apartments for rent in Albuquerque, NM:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Silver Gardens Apartments | 1 Bedroom (50%) | 1BR,1BA | $740 |
| Silver Moon Lodge | Studio | Studio,1BA | $897 |
| 210 High St NE | 1 Beds, 1 Baths | 1BR,1BA | $995 |
Best Value Apartments for Rent in Downtown, NM
As of September 19, 2025 the best value apartment in the Downtown area is the $1.49 price per square foot Two Bedroom, Two Bath with Balcony Model at Zocalo Lofts in the in the Netherwood Park neighborhood starting from $1,699. The second greatest value Downtown apartment is the 2x2 A Model at One Central starting at $1,600 with a $2.21 price per square foot in the Netherwood Park neighborhood. Here is today’s list of the best values for Downtown apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Zocalo Lofts | Two Bedroom, Two Bath with Balcony | 2BR,2BA | $1.49 |
| One Central | 2x2 A | 2BR,2BA | $2.21 |
| 210 High St NE | 1 Beds, 1 Baths | 1BR,1BA | $1.53 |
| The Artisan @ Sawmill Village | 1x1 Market 647 sq.ft. | 1BR,1BA | $2.24 |
| Silver Moon Lodge | Studio | Studio ,1BA | $1.76 |
| Silver Gardens Apartments | Studio (60%) | Studio ,1BA | $1.90 |
| Alvarado Apartments | A | Studio ,1BA | $2.44 |
Frequently Asked Questions about Downtown
What type of rentals are currently available in Downtown?
There are currently 158 Apartments for Rent in Downtown, NM with pricing that ranges from $740 to $1,900. There are also 28 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown ranging from $750 to $5,000.
What is the current price range for Rental Homes in Downtown?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown ranges from $750 to $5,000 with an average monthly rent of $2,128.
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.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.