10228 Belnap Pl
AlbuquerqueNM87114
Cheap Homes for Rent in Albuquerque, NM from $475 (52 Rentals)
Search the lowest-cost Homes available for rent right now in Albuquerque.
448 Shorewood Dr NW
AlbuquerqueNM87121
2901 Carlisle Blvd NE
AlbuquerqueNM87110
2901 Carlisle Blvd NE
AlbuquerqueNM87110
320 Tennessee St SE, Unit 11
320 Tennessee St SE
AlbuquerqueNM87108
9401 Las Calabazillas Rd NE
AlbuquerqueNM87111
545 Cedar St SE
AlbuquerqueNM87106
3500 Eastern Ave SE
AlbuquerqueNM87106
240 Wheeler Ave SE
AlbuquerqueNM87102
221 Maple St NE
AlbuquerqueNM87106
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.
4601 Carlisle H-3
AlbuquerqueNM87109
4601 Carlisle Blvd NE
AlbuquerqueNM87109
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$8501 Bedroom Apartments Available Now
511 Mesilla St SE, Unit C
511 Mesilla St SEAlbuquerque, NM 87108
1216 High St SE
AlbuquerqueNM87102
2801 Vail Ave SE, Unit 232
2801 Vail Ave SE
AlbuquerqueNM87106
3600 Eubank Blvd NE
AlbuquerqueNM87111
7700 Mcknight Ave NE
AlbuquerqueNM87110
2408 Chelwood Park Blvd NE, Unit D
2408 Chelwood Park Blvd NE
AlbuquerqueNM87112
148 General Arnold St NE
AlbuquerqueNM87123
412 Rhode Island St NE
AlbuquerqueNM87108
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
127 General Arnold St NE
AlbuquerqueNM87123
627 Chama St SE
AlbuquerqueNM87108
105 General Arnold St NE
AlbuquerqueNM87123
12004 Phoenix Ave NE
AlbuquerqueNM87112
525 Mesilla St SE
AlbuquerqueNM87108
541 Palomas Dr SE
AlbuquerqueNM87108
2604 Muriel St NE
AlbuquerqueNM87112
300 Tijeras Ave NE
AlbuquerqueNM87102
8200 Copper Ave NE
AlbuquerqueNM87108
7015 Trumbull Ave SE
AlbuquerqueNM87108
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.
507 Wisconsin St NE
AlbuquerqueNM87108
10805 Towner Ave NE
AlbuquerqueNM87112
1311 Barelas Rd SW
AlbuquerqueNM87102
423 Dallas St SE
AlbuquerqueNM87108
419 Dallas St SE
AlbuquerqueNM87108
13515 Copper Ave NE
AlbuquerqueNM87123
443 Trumbull Ave SE
AlbuquerqueNM87102
1325 Tapia Blvd SW
AlbuquerqueNM87105
20 Chama St NE
AlbuquerqueNM87108
212 65th St NW
AlbuquerqueNM87105
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.
420 Rhode Island St SE
AlbuquerqueNM87108
12605 Copperwood Dr NE
AlbuquerqueNM87123
1005 Dickerson Dr SE
AlbuquerqueNM87106
230 Espanola St NE
AlbuquerqueNM87108
13201 Fruit Ave NE
AlbuquerqueNM87123
2800 Vail Ave SE
AlbuquerqueNM87106
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$1,2501 Bedroom Apartments Available Sep 15
410 Harvard Dr SE, Unit 1
410 Harvard Dr SEAlbuquerque, NM 87106
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$1,2501 Bedroom Apartments Available Now
11715 Menaul Blvd NE, Unit A
11715 Menaul Blvd NEAlbuquerque, NM 87112
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$1,2501 Bedroom Apartments Available Now
410 Harvard Dr SE, Unit C
410 Harvard Dr SEAlbuquerque, NM 87106
2101 New York Ave SW
AlbuquerqueNM87104
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
Showing Results 1-50, Page 1 of 2
Albuquerque, NM Local Guide
How much does it cost to rent a home in Albuquerque?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Albuquerque 2 Bedroom Homes for Rent | $1,797 | $900 | $4,600 |
| Albuquerque 3 Bedroom Homes for Rent | $2,247 | $1,450 | $4,500 |
| Albuquerque 4 Bedroom Homes for Rent | $2,550 | $1,795 | $5,000 |
| Albuquerque 5 Bedroom Homes for Rent | $2,375 | $475 | $3,700 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Top Homes for Rent in Albuquerque
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Albuquerque, NM Local Guide
- Albuquerque Neighborhoods
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Cheapest Neighborhoods for Apartments in Albuquerque, NM
Pricing Updated: 09/09/2026Current apartment rentals in the Albuquerque, NM area range in price from $500 to $10,402 with an overall median price of $1,363. The three Albuquerque neighborhoods with the lowest median rent pricing are Silver Hill at $825, Trumbull Village at $900, and La Mesa at $947. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Albuquerque Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Silver Hill | $825 | $800 | 6 |
| Trumbull Village | $900 | $645 | 35 |
| La Mesa | $947 | $700 | 17 |
| Outer Albuquerque Metro | $950 | $950 | 1 |
| Rose View Acres | $992 | $799 | 11 |
| South San Pedro | $995 | $500 | 54 |
| Elder Homestead | $997 | $500 | 102 |
| Jerry Cline Park | $999 | $645 | 206 |
| Parkland Hills | $999 | $500 | 126 |
| Siesta Hills | $999 | $500 | 100 |
Cheapest Available Albuquerque Apartments for Rent
The cheapest available apartment rental in Albuquerque, NM is a Studio unit found at The Loop at 950 in the South San Pedro neighborhood priced from $645. 501 Texas Street NE in the Towne Park neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $695. Here is today’s list of the most affordable Albuquerque apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Loop at 950 | 0x1 - 280 | Studio,1BA | $645 |
| 501 Texas Street NE | 1BR/1.0BA | 1BR,1BA | $695 |
| 332 Grove St SE | 1 Beds, 1 Baths | 1BR,1BA | $695 |
| Diamond Elite Luxury Townhomes | Studio/1 Bath | Studio,1BA | $699 |
| White Oak Apartments | 1x1 | 1BR,1BA | $716 |
| Desert Creek Apartments | SRO-Sleeping room only | Studio,1BA | $717 |
| Nova Ridge | S1 | Studio,1BA | $725 |
| Rock Creek | Studio | Studio,1BA | $750 |
| Central Apartments (4223) | Large Studio/1ba - 4223 Central | Studio,1BA | $765 |
| Sunset Apartments | 1bd/1ba - Unit 1-6 - 1031 Sunset | 1BR,1BA | $765 |
Best Value Apartments for Rent in Albuquerque, NM
As of September 09, 2026 the best value apartment in the Albuquerque area is the $0.88 price per square foot 1 Beds, 1 Baths Model at 521-525 Cedar St SE in the in the Southeast Quadrant neighborhood starting from $945. The second greatest value Albuquerque apartment is the 2br apartment corner unit Model at Four Seasons starting at $1,150 with a $1.15 price per square foot in the Southeast Quadrant neighborhood. Here is today’s list of the best values for Albuquerque apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 521-525 Cedar St SE | 1 Beds, 1 Baths | 1BR,1BA | $0.88 |
| Four Seasons | 2br apartment corner unit | 2BR,1BA | $1.15 |
| Whispering Sands | Two Bedroom Two Bath | 2BR,2BA | $1.18 |
| 919-923 Alvarado | 2BR/1.0BA | 2BR,1BA | $1.13 |
| 8000 Grand Avenue NE | 2BR/1.0BA | 2BR,1BA | $1.06 |
| Aspen Ridge | Two Bedroom Two Bath | 2BR,2BA | $1.20 |
| 425 Wisconsin st NE | 2BR/1.0BA | 2BR,1BA | $1.06 |
| General Stilwell | 2bd/1ba | 2BR,1BA | $1.17 |
| White Oak Apartments | 1x1 | 1BR,1BA | $1.03 |
| 332 Grove St SE | 1 Beds, 1 Baths | 1BR,1BA | $1.16 |
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.
Read Article
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.
Read ArticleNavigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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Frequently Asked Questions about Albuquerque
What type of rentals are currently available in Albuquerque?
There are currently 1628 Apartments for Rent in Albuquerque, NM with pricing that ranges from $500 to $10,402. There are also 408 Single Family Homes for rent, Condos, and Townhome rentals currently available in Albuquerque ranging from $475 to $5,000.
What is the current price range for Rental Homes in Albuquerque?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Albuquerque ranges from $475 to $5,000 with an average monthly rent of $2,049.
How much are larger Three and Four Bedroom Rentals in Albuquerque?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Albuquerque range from $1,066 to $5,494, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,450 to $4,500. Four Bedroom Single-Family rentals are also available starting from $1,795 and Four Bedroom Apartments start at $1,400.
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
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.
Albuquerque Uncovered: Your Local Expert's 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.
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.
A Local Expert's 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.
Articles, How-To's, and Tips
Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.
Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.
Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.
First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.