202 Edith Blvd NE
AlbuquerqueNM87102
Cheap Homes for Rent in Downtown Neighborhood of Albuquerque, NM from $900 (8 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown area of Albuquerque.
300 Tijeras Ave NE
AlbuquerqueNM87102
610 Central Ave SW
AlbuquerqueNM87102
816 13th St NW
AlbuquerqueNM87102
The Student's Guide to Albuquerque: Top Neighborhoods That Put CNM and UNM Life Within Reach
Find your perfect place in ABQ! Explore the best neighborhoods near CNM and UNM that support a vibrant student life, from study spots to family-friendly resources.
706 Fruit Ave NW
AlbuquerqueNM87102
1331 Park Ave SW
AlbuquerqueNM87102
700 Fruit Ave NW
AlbuquerqueNM87102
511 7th St SW
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.
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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 | $2,480 | $1,399 | $5,000 |
| Downtown 3 Bedroom Homes for Rent | $3,283 | $2,250 | $5,000 |
Browse Homes for Rent in this Neighborhood
There are currently 8 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 Studio unit found at 210 High St NE priced from $735. Silver Gardens Apartments has the second lowest priced unit, which is a 1 Bed 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 |
|---|---|---|---|
| 210 High St NE | 0 Beds, 1 Baths | Studio,1BA | $735 |
| Silver Gardens Apartments | 1 Bedroom (50%) | 1BR,1BA | $740 |
| Millennium Flats | Unit Type A | Studio,1BA | $765 |
Best Value Apartments for Rent in Downtown, NM
As of November 10, 2025 the best value apartment in the Downtown area is the $3.04 price per square foot 2x2 ABB Model at One Central in the in the Netherwood Park neighborhood starting from $2,200. The second greatest value Downtown apartment is the Studio - Call for Availability Model at Imperial starting at $900 with a $1.69 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. |
|---|---|---|---|
| One Central | 2x2 ABB | 2BR,2BA | $3.04 |
| Imperial | Studio - Call for Availability | Studio ,1BA | $1.69 |
| Silver Moon Lodge | Studio | Studio ,1BA | $1.76 |
| 210 High St NE | 0 Beds, 1 Baths | Studio ,1BA | $1.47 |
| Nine-O-Nine Apartments | Studio | Studio ,1BA | $2.26 |
| Silver Gardens Apartments | Studio (60%) | Studio ,1BA | $1.90 |
| Alvarado Apartments | A | Studio ,1BA | $2.29 |
| The Artisan @ Sawmill Village | 1x1 Market 420 sq.ft. | 1BR,1BA | $3.51 |
| Villa de San Felipe | Chelsea | Studio ,1BA | $2.11 |
| Millennium Flats | Unit Type A | Studio ,1BA | $2.48 |
Frequently Asked Questions about Downtown
What type of rentals are currently available in Downtown?
There are currently 157 Apartments for Rent in Downtown, NM with pricing that ranges from $735 to $2,495. There are also 23 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown ranging from $950 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 $950 to $5,000 with an average monthly rent of $2,070.
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.
Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.
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.