300 Tijeras Ave NE
AlbuquerqueNM87102
Cheap Homes for Rent in Downtown Neighborhood of Albuquerque, NM from $1,400 (7 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown area of Albuquerque.
1331 Park Ave SW
AlbuquerqueNM87102
700 Fruit Ave NW
AlbuquerqueNM87102
100 Gold Ave SW
AlbuquerqueNM87102
1220 Rosemont Ave NW
AlbuquerqueNM87104
223 Edith Blvd SE
AlbuquerqueNM87102
1015 5th St NW
AlbuquerqueNM87102
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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 | $2,887 | $1,500 | $5,000 |
| Downtown 3 Bedroom Homes for Rent | $3,030 | $1,750 | $5,000 |
Browse Homes for Rent in this Neighborhood
There are currently 7 rentals with your search options within a 2 mile radius of the Downtown Neighborhood of Albuquerque, NM.
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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. Millennium Flats - Washer-Dryer Included has the second lowest priced unit, which is a Studio apartment currently listed from $740. 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 |
| Millennium Flats - Washer-Dryer Included | Studio | Studio,1BA | $740 |
| Zocalo Lofts | Studio | Studio,1BA | $900 |
Best Value Apartments for Rent in Downtown, NM
As of August 04, 2025 the best value apartment in the Downtown area is the $1.46 price per square foot 1212 Gold Ave SW Model at 1212 Gold Ave SW, Unit 1212 Gold SW Duplex in the in the Silver Lofts neighborhood starting from $1,900. The second greatest value Downtown apartment is the A3 Model at Alvarado Apartments starting at $1,459 with a $1.93 price per square foot in the Hunning Highland 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. |
|---|---|---|---|
| 1212 Gold Ave SW, Unit 1212 Gold SW Duplex | 1212 Gold Ave SW | 2BR,1BA | $1.46 |
| Alvarado Apartments | A3 | 1BR,1BA | $1.93 |
| One Central | 2x2 B | 2BR,2BA | $2.24 |
| Nine-O-Nine Apartments | One Bedroom | 1BR,1BA | $1.47 |
| 210 High St NE | 1 Beds, 1 Baths | 1BR,1BA | $1.54 |
| The Artisan @ Sawmill Village | 1x1 Market 647 sq.ft. | 1BR,1BA | $2.09 |
| Zocalo Lofts | Studio | Studio ,1BA | $1.95 |
| Silver Gardens Apartments | Studio (60%) | Studio ,1BA | $1.90 |
| Millennium Flats - Washer-Dryer Included | Studio | Studio ,1BA | $2.40 |
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 $2,895. There are also 20 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown ranging from $1,475 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 $1,475 to $5,000 with an average monthly rent of $2,560.
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.
The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.
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.