
Cheap Homes for Rent in Downtown Neighborhood of Albuquerque, NM from $1,100 (14 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown area of Albuquerque.


1506 Edith Blvd NE

1506 Edith Blvd NE

301 Central Ave NE

301 Central Ave NE

706 Fruit Ave NW

212 Broadway Blvd SE
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.

911 7th St SW

700 Fruit Ave NW

208 13th St NW

317 Hazeldine Ave SW

100 Broadway Blvd NE

1012 21st St NW

1405 San Carlos Rd SW
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.
Downtown, Albuquerque, NM Local Guide

Browse Homes for Rent in this Neighborhood
There are currently 14 rentals with your search options within a 2 mile radius of the Downtown Neighborhood of Albuquerque, NM.
Explore Albuquerque
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 El Sol priced from $725. 210 High St NE has the second lowest priced unit, which is a Studio apartment currently listed from $735. Here are the most affordable Downtown apartments for rent in Albuquerque, NM:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| El Sol | 1 Bedroom 1 Bath - 38709 | 1BR,1BA | $725 |
| 210 High St NE | 0 Beds, 1 Baths | Studio,1BA | $735 |
| Silver Gardens Apartments | 1 Bedroom (50%) | 1BR,1BA | $740 |
| Carousel | 0 Bedroom 1 Bath - 38720 | Studio,1BA | $740 |
| Millennium Flats | Unit Type B | Studio,1BA | $820 |
Best Value Apartments for Rent in Downtown, NM
As of February 21, 2026 the best value apartment in the Downtown area is the $1.38 price per square foot 505 Walter St SE Model at 505 Walter St SE in the in the Netherwood Park neighborhood starting from $1,450. The second greatest value Downtown apartment is the 1 Bedroom 1 Bath - 38725 Model at Anthea starting at $1,155 with a $1.67 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. |
|---|---|---|---|
| 505 Walter St SE | 505 Walter St SE | 2BR,1BA | $1.38 |
| Anthea | 1 Bedroom 1 Bath - 38725 | 1BR,1BA | $1.67 |
| El Sol | 1 Bedroom 1 Bath - 38709 | 1BR,1BA | $1.13 |
| Silver Gardens Apartments | 1 Bedroom (60%) | 1BR,1BA | $1.54 |
| 505 Central Lofts | Corporate | Studio ,1BA | $2.11 |
| Mehran Lofts - Gold Avenue Realty, LLC | 1BR/1.0BA | 1BR,1BA | $1.76 |
| Carousel | 0 Bedroom 1 Bath - 38721 | Studio ,1BA | $1.50 |
| 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 |
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.
Articles, How-To's, and Tips

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.

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.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.