
Homes for Rent in Albuquerque, NM Under $1,500 (73 Rentals)


4741 Southern Ave SE

700 Fruit Ave NW

215 Stanford Dr SE

9402 Claremont Ave NE

4601 Carlisle Blvd NE

3717 Alamogordo Dr NW

4700 Marble Ave NE

1717 Griegos Rd NW

1230 Montrose Pl SW
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.

911 7th St SW

118 Princeton Dr SE

236 63rd St NW

301 Central Ave NE

445 Charleston St SE

3705 Lafayette Dr NE

Furnished Studio-Albuquerque - Airport

300 San Pasquale Ave NW

3217 Wellesley Ct NE

916 Lomas Blvd NW
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

2800 Vail Ave SE

505 7th St SW

301 Central Ave NE

301 Central Ave NE

542 Alvarado Dr SE

915 Alvarado Dr SE

3101 Pennsylvania St NE

2430 Del Norte Dr SW

2430 Del Norte Dr SW

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.

516 Lewis Ave SE

355 Atrisco Dr SW

1325 Tapia Blvd SW

509 Vermont St NE

1326 San Pedro Dr SE

1311 Barelas Rd SW

502 Headingly Ave NW

541 Cedar St SE

3516 Crest Ave SE

8 Whittier Pl 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.

10616 Towner Ave NE

611 Woodland Ave NW

911 Alvarado Dr SE

310 Charleston St SE

521-513 13th St NW

4601 Carlisle Blvd NE

4200 Montgomery Blvd NE

201 Vermont St NE, Unit B

2408 Chelwood Park Blvd NE, Unit D

1367 Young Ave SW
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 | $1,903 | $850 | $5,000 |
| Albuquerque 3 Bedroom Homes for Rent | $2,190 | $1,350 | $5,300 |
| Albuquerque 4 Bedroom Homes for Rent | $2,497 | $800 | $7,500 |
| Albuquerque 5 Bedroom Homes for Rent | $2,648 | $1,900 | $3,500 |
| Albuquerque 6 Bedroom Homes for Rent | $3,900 | $3,900 | $3,900 |
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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 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!
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Frequently Asked Questions about Albuquerque
What type of rentals are currently available in Albuquerque?
There are currently 1578 Apartments for Rent in Albuquerque, NM with pricing that ranges from $520 to $11,199. There are also 433 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 $2,183.
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 $3,930, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,350 to $5,300. Four Bedroom Single-Family rentals are also available starting from $800 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.

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.

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.