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Apartments for Rent in Albuquerque, NM under $700

Apartments for Rent in Albuquerque, NM under $700. 6 Rentals Available
6 Rentals Available
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  • Only 1 unit left
    1 bd $645
    Base rent
    Verified Listing

    4.0 (29)
    4901 San Mateo Lane NE, Albuquerque, NM 87109
    Apply online • Pet friendly
  • 1 bd $640
    2 bd $680
    Base rent
    Verified Listing

    6001 Topke Place NE, Albuquerque, NM 87109
    Pet friendly • Fitness center • Pool
  • Ask for pricing
    Verified Listing

    901 Tramway Blvd. NE, Albuquerque, NM 87123
    In unit laundry • Patio/Balcony • Large Closets
  • Ask for pricing
    Verified Listing

    1200 Dickerson SE, Albuquerque, NM 87106
    Air conditioner • Wheelchair Access
  • Ask for pricing
    Income restricted
    Verified Listing

    2821 Mountain RD, NW, Albuquerque, NM 87104
    Wheelchair Access
  • 1 bd $675
    Base rent
    Verified Listing

    4908 Burton Ave SE, Albuquerque, NM 87108
    Cat friendly • Dishwasher • Air conditioner
6-0-city
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Frequently asked questions

When were prices and availability in Albuquerque, NM last updated?

Prices and availability in Albuquerque, NM were last updated on 22 Jun 2026.

What are the best apartments in Albuquerque, NM?
What type of rental buildings are in Albuquerque, NM?

In Albuquerque, 38% of the residents are renting compared to 62% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 19% of Albuquerque's rentals, 55% are small-scale complexes with under 50 units, and 25% are single-family rentals.

Your search for apartments in Albuquerque, NM under $700 stops here

Finding apartments for rent in Albuquerque, NM for less than $700 has never been so easy! At RentCafe nice cheap apartments are just one click away. There are currently 6 available units in Albuquerque, NM, renting for under $700. On average, $661 can get you 677 Sqft in this area. Be sure to search for the apartment that is best for you. Under “More”, check the amenities that you consider a must-have, and don’t forget to look at the pet policy. Fitness enthusiasts can even check the Fitness Center box. Whether you are looking for studio apartments, 1 bedroom apartments, 2 bedroom apartments or 3 bedroom apartments, you are sure to find one that will make you want to move in right away.

We’ll help you find the best rental near you

Having to compromise on either price or location can turn your “apartments near me under $700” search into a nightmare. At RentCafe we recognize the importance of both. Therefore, we offer a variety of filters that can help you find exactly what you want. Sorting the results by rent, ascending, will make the cheapest units show up first on the list. Try it out! You will find that right now the cheapest apartment under $700 in Albuquerque, NM goes for $640 per month. If some of the results are outside the area of your choice, you can go to the left side of the screen and draw a radius or a polygon around your location. Now you will only see results that are relevant to you.