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Apartments for Rent in Albuquerque, NM under $700

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  • 6 units available
    1 bd $645+
    Base rent
    Verified Listing

    4901 San Mateo Lane NE

    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

    THE COURTYARD APARTMENT HOMES

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

    Sandia Vista Apt.

    901 Tramway Blvd. NE, Albuquerque, NM 87123
    Patio/Balcony • Large Closets • Laundry Facilities
  • 9705 Volcano Rd NW Studio Apartment for Rent
    Studio $500
    Base rent
    Verified Listing

    9705 Volcano

    9705 Volcano Rd NW, Albuquerque, NM 87121
    Pet friendly • Dishwasher • Air conditioner
  • Ask for pricing
    Income restricted
    Verified Listing

    Plaza David Chavez

    2821 Mountain RD, NW, Albuquerque, NM 87104
    Wheelchair Access
  • Ask for pricing
    Verified Listing

    La Vida Nueva Apt.

    1200 Dickerson SE, Albuquerque, NM 87106
    Air conditioner • Wheelchair Access
  • 7-0-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 26 Oct 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.

Search for apartments in Albuquerque, NM under $700

There’s more than one way to spend $700 on rent in Albuquerque, NM, so the first step is to start thinking about what you really want from your new home. Be mindful of what makes you tick. Look for 2 bedroom apartments for rent for less than $700 if you want to share your living space and don’t mind being further away from the city center. Search for 3 bedroom apartments if you’re moving in with family or planning to share part of your life and living expenses with more friends. If city bustle is what you live for, you might want to search for a studio or 1 bedroom apartment closer to the city center.

The perfect $700 rental near you

Don’t dismiss the idea of a studio just because it sounds small and featureless: studios come in many shapes and sizes, and it only takes a few strikes of creativity to go from drab to lively. If an all-in-one-room apartment spells total lack of privacy for you, have a look at the 1 bedroom apartments for rent in Albuquerque, NM. Customize your search by using more RentCafe filters. Decide what amenities you can’t live without and focus your search on the apartments that offer them. Are you bringing in a pet? Narrow your options to pet-friendly apartments for rent. Want more windows so that natural light floods your home? Hardwood floors or plush carpet in the living area? There are 7 apartments for rent below $700 in Albuquerque, NM for every taste. Decide what you need, stay focused, and you’re bound to find your perfect apartment in no time.