
Cheap Homes for Rent in Albuquerque, NM from $500 (57 Rentals) Page 2 of 2
Search the lowest-cost Homes available for rent right now in Albuquerque.


421 Prospect Ave NW

100 Broadway Blvd NE
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Furnished Studio-Albuquerque - Airport

720 Truman St NE, Unit 1

823 Country Club Dr SE
Navigating 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.

3529 Ross Ave SE
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 | $1,801 | $850 | $5,000 |
| Albuquerque 3 Bedroom Homes for Rent | $2,171 | $1,600 | $5,300 |
| Albuquerque 4 Bedroom Homes for Rent | $2,530 | $1,600 | $7,500 |
| Albuquerque 5 Bedroom Homes for Rent | $2,660 | $1,950 | $3,500 |
| Albuquerque 6 Bedroom Homes for Rent | $3,900 | $3,900 | $3,900 |
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Albuquerque, NM Area Reviews
Frequently Asked Questions about Albuquerque
What type of rentals are currently available in Albuquerque?
There are currently 1590 Apartments for Rent in Albuquerque, NM with pricing that ranges from $588 to $4,121. There are also 422 Single Family Homes for rent, Condos, and Townhome rentals currently available in Albuquerque ranging from $550 to $7,500.
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 $550 to $7,500 with an average monthly rent of $2,148.
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 $1,020 to $3,885, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,600 to $5,300. Four Bedroom Single-Family rentals are also available starting from $1,600 and Four Bedroom Apartments start at $1,300.
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.

How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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.