
Homes for Rent in Albuquerque, NM Under $1,500 (85 Rentals)


805 Cagua Drive Southeast

221 General Bradley St NE

505 Marble Ave NW

219 Girard Blvd SE

6041 Sequoia Rd NW

8301 Comanche Ct NE

8801 Natalie Ave NE

521 Slate Ave NW

707 Alameda Blvd NW
Your Guide to the Best Neighborhoods to Rent Near Albuquerqueās 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.

5411 4th St NW

3908 12th St NW

3717 Alamogordo Dr NW

506 14th St NW

12600 Copperwood Dr NE

11320 Prospect Ave NE

3857 Montgomery Blvd NE

12013 Stilwell Pl NE

8013 Constitution Ave NE

700 Fruit Ave NW
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.

704 Fruit Ave NW

3908 Ortiz Ct NE

3825 Montgomery Blvd NE, Unit 127

720 Truman St NE

1909 Wilmoore Dr SE

1616 Coal Ave SE

410 Harvard Dr SE, Unit 1

410 Harvard Dr SE, Unit C

1202 Lead Ave SE

225 Hanosh Ct SE, Unit 3
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 cityās unique charm and high-desert lifestyle.

230 Espanola St NE

816 13th St NW

8444 Spain Rd NE

212 65th St NW

13232 Mountain Pl NE

1326 San Pedro Dr SE, Unit B

1005 Dickerson Dr SE

3434 Smith Ave SE

420 Rhode Island St SE

8200 Copper Ave NE
Check Out Albuquerqueās Best Affordable Neighborhoods
Learn about Albuquerque and the best places to live with original content written by our Local Expert Esther Lombardi

423 Dallas St SE

419 Dallas St SE

13515 Copper Ave NE

2440 Rose Ave NW

12205 Eric Ct NE

1812 Buena Vista Dr SE

12409 Manitoba Dr NE

12813 Dunes Rd SE

400 Copper Ave NW

12200 Candelaria Rd NE
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.
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 | $1,743 | $800 | $5,200 |
| Albuquerque 3 Bedroom Homes for Rent | $2,288 | $1,450 | $7,000 |
| Albuquerque 4 Bedroom Homes for Rent | $2,526 | $1,895 | $4,600 |
| Albuquerque 5 Bedroom Homes for Rent | $3,649 | $3,200 | $4,000 |
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Albuquerque, NM Local Guide
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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 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.
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!
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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 1601 Apartments for Rent in Albuquerque, NM with pricing that ranges from $500 to $4,419. There are also 389 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 $2,099.
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 $915 to $4,419, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,450 to $7,000. Four Bedroom Single-Family rentals are also available starting from $1,895 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.
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! Iām Esther, your ApartmentHomeLiving.com Local Expert for Albuquerque, and Iām 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
Thereās 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

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
Thereās a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding āhomeā for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.