304 Charleston St NE
AlbuquerqueNM87108
Cheap Homes for Rent in Albuquerque, NM from $600 (59 Rentals)
Search the lowest-cost Homes available for rent right now in Albuquerque.
131 General Arnold St NE
AlbuquerqueNM87123
3500 Eastern Ave SE
AlbuquerqueNM87106
543 Cedar St SE
AlbuquerqueNM87106
545 Cedar St SE
AlbuquerqueNM87106
close
View Me
$7501 Bedroom Apartments Available Now
515 Valencia Dr SE
515 Valencia Dr SEAlbuquerque, NM 87108
525 Mesilla St SE
AlbuquerqueNM87108
8912 Bellehaven Ave NE
AlbuquerqueNM87112
520 Indiana St SE
AlbuquerqueNM87108
10805 Towner Ave NE
AlbuquerqueNM87112
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.
148 General Arnold St NE
AlbuquerqueNM87123
312 Grove St NE
AlbuquerqueNM87108
4601 Carlisle Blvd NE
AlbuquerqueNM87109
9401 Las Calabazillas Rd NE
AlbuquerqueNM87111
1367 Young Ave SW
AlbuquerqueNM87105
310 Charleston St SE
AlbuquerqueNM87108
1216 High St SE
AlbuquerqueNM87102
2801 Vail Ave SE, Unit 232
2801 Vail Ave SE
AlbuquerqueNM87106
201 Vermont St NE, Unit B
201 Vermont St NE
AlbuquerqueNM87108
2408 Chelwood Park Blvd NE, Unit D
2408 Chelwood Park Blvd NE
AlbuquerqueNM87112
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.
358 Pueblo Solano Rd NW
Los Ranchos de AlbuquerqueNM87107
105 General Arnold St NE
AlbuquerqueNM87123
10912 Towner Ave NE
AlbuquerqueNM87112
911 Alvarado Dr SE
AlbuquerqueNM87108
close
View Me
$9752 Bedroom Apartments Available Now
516 Lewis Ave SE
516 Lewis Ave SEAlbuquerque, NM 87102
300 Tijeras Ave NE
AlbuquerqueNM87102
3528 Tyson Pl NE
AlbuquerqueNM87107
1212 Chelwood Park Blvd NE
AlbuquerqueNM87112
517 Gold Ave SW
AlbuquerqueNM87102
522 14th St NW
AlbuquerqueNM87104
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.
10145 Madeline Dr NW
AlbuquerqueNM87114
422 Rhode Island St SE
AlbuquerqueNM87108
301 Central Ave NE
AlbuquerqueNM87102
1508 Edith Blvd NE
AlbuquerqueNM87102
301 Central Ave NE
AlbuquerqueNM87102
300 Tijeras Ave NE
AlbuquerqueNM87102
433 Manzano St NE
AlbuquerqueNM87108
100 Broadway Blvd NE
AlbuquerqueNM87102
100 Broadway Blvd NE
AlbuquerqueNM87102
2901 Carlisle Blvd NE
AlbuquerqueNM87110
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
2800 Vail Ave SE
AlbuquerqueNM87106
820 Arno St SE
AlbuquerqueNM87102
820 Arno St SE
AlbuquerqueNM87102
2101 New York Ave SW
AlbuquerqueNM87104
212 Broadway Blvd SE
AlbuquerqueNM87102
close
View Me
$1,3002 Bedroom Apartments Available Now
652 Vancouver Rd SE
652 Vancouver Rd SERio Rancho, NM 87124
close
View Me
$1,344Studio Apartments Available Now
Furnished Studio-Albuquerque - Airport
2321 International AveAlbuquerque, NM 87106
1506 Edith Blvd NE
AlbuquerqueNM87102
4200 Montgomery Blvd NE
AlbuquerqueNM87109
121 Elm St NE
AlbuquerqueNM87102
Check Out Albuquerque’s Best Affordable Neighborhoods
Learn about Albuquerque and the best places to live with original content written by our Local Expert Esther Lombardi
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 | $1,932 | $850 | $5,200 |
| Albuquerque 3 Bedroom Homes for Rent | $2,296 | $1,350 | $7,000 |
| Albuquerque 4 Bedroom Homes for Rent | $2,517 | $1,825 | $4,600 |
| Albuquerque 5 Bedroom Homes for Rent | $3,498 | $2,900 | $4,295 |
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
Explore Albuquerque
Albuquerque, NM Local Guide
- Albuquerque Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
Cheapest Neighborhoods for Apartments in Albuquerque, NM
Pricing Updated: 04/05/2026Current apartment rentals in the Albuquerque, NM area range in price from $599 to $5,263 with an overall median price of $2,137. The three Albuquerque neighborhoods with the lowest median rent pricing are Trumbull Village at $674, South San Pedro at $695, and Sycamore at $825. 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 |
|---|---|---|---|
| Trumbull Village | $925 | $674 | 22 |
| South San Pedro | $1,025 | $695 | 86 |
| Sycamore | $1,037 | $825 | 2 |
| Winterwood Park | $1,083 | $706 | 51 |
| Executive Hills | $1,100 | $706 | 61 |
| Willow Wood | $1,100 | $706 | 65 |
| Four Hills Village | $1,114 | $706 | 53 |
| Juan Tabo Hills | $1,114 | $706 | 55 |
| Juan Tabo Hills West | $1,114 | $706 | 58 |
| Tijeras Arroyo | $1,114 | $706 | 55 |
Cheapest Available Albuquerque Apartments for Rent
The cheapest available apartment rental in Albuquerque, NM is a 1 Bed unit found at Diamond Elite Luxury Townhomes in the Southwest Quadrant neighborhood priced from $599. The Loop @950 in the South San Pedro neighborhood has the second lowest priced unit, which is a Studio 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 |
|---|---|---|---|
| Diamond Elite Luxury Townhomes | Studio/1 Bath | 1BR,1BA | $599 |
| The Loop @950 | 0x1 - Deluxe - 280 | Studio,1BA | $695 |
| Nova Peak | 0BR/1.0BA | Studio,1BA | $700 |
| White Oak Apartments | 1x1 | 1BR,1BA | $716 |
| Brandywood Park Apartments | Sailor Exterior Units | Studio,1BA | $720 |
| Nova Ridge | S1 | Studio,1BA | $725 |
| 210 High St NE | 0 Beds, 1 Baths | Studio,1BA | $735 |
| The Twelve 601 | 1BR/1.0BA | 1BR,1BA | $750 |
| Nova Point | 0BR/1.0BA | Studio,1BA | $750 |
| Tesota Four Hills | A1AR | 1BR,1BA | $756 |
Best Value Apartments for Rent in Albuquerque, NM
As of April 05, 2026 the best value apartment in the Albuquerque area is the $1.13 price per square foot Two Bedroom - Fully Remodeled Model at Pinon Terrace in the in the Northeast Quadrant neighborhood starting from $1,245. The second greatest value Albuquerque apartment is the 2br apartment corner unit Model at Four Seasons starting at $1,100 with a $1.10 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. |
|---|---|---|---|
| Pinon Terrace | Two Bedroom - Fully Remodeled | 2BR,1BA | $1.13 |
| Four Seasons | 2br apartment corner unit | 2BR,1BA | $1.10 |
| 928 Chelwood Park Blvd NE, Unit D | 928 Chelwood Park Blvd NE | 2BR,1BA | $1.20 |
| Home @ Valencia | 2bd/1ba | 2BR,1BA | $1.10 |
| Theta Apartments | KaloDuo | 2BR,2BA | $1.20 |
| Villa Hermosa | The Pueblo Casita | 2BR,1BA | $1.19 |
| 420 Mesilla St SE, Unit A | 420 Mesilla St SE | 2BR,1BA | $1.06 |
| The Twelve 601 | 2BR/1.0BA | 2BR,1BA | $1.09 |
| 147 General Arnold St NE, Unit 4 | 147 General Arnold St NE | 1BR,1BA | $1.15 |
| White Oak Apartments | 1x1 | 1BR,1BA | $1.03 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read Article
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 ArticleDon'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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Albuquerque, NM Rentals by Map
See the most popular apartments and homes in Albuquerque, NM
Albuquerque, NM Area Reviews
Do you know the Albuquerque area?
Let everyone know!
Write a Review
Frequently Asked Questions about Albuquerque
What type of rentals are currently available in Albuquerque?
There are currently 1588 Apartments for Rent in Albuquerque, NM with pricing that ranges from $500 to $5,381. There are also 332 Single Family Homes for rent, Condos, and Townhome rentals currently available in Albuquerque ranging from $650 to $7,000.
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 $650 to $7,000 with an average monthly rent of $2,098.
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 $931 to $3,915, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,350 to $7,000. Four Bedroom Single-Family rentals are also available starting from $1,825 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.
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.