Apartments for Rent in New Mexico under $1200
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1 bd $925+Base rent4.0 (28)8401 Spain Road NE, Albuquerque, NM 87111Pet friendly
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1 bd $928+2 bd $1,087+Base rent4.5 (40)3011 Jane Pl NE, Albuquerque, NM 87111Pet friendly • Parking • Pool
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1 bd $942Base rent3.5 (7)1201 Madeira Dr. SE, Albuquerque, NM 87108Pet friendly • Pool • In unit laundry
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1 bd $1,162+Total monthly cost4.5 (13)7600 Montgomery Boulevard NE, Albuquerque, NM 87109Pet friendly • Fitness center • Pool
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Studio $969+Base rent4.5 (47)9125 Copper Ave NE, Albuquerque, NM 87123Pet friendly
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1 bd $1,030+2 bd $1,190+Base rent3.0 (16)6001 Topke Place NE, Albuquerque, NM 87109Pet friendly • Fitness center • Pool
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Studio $809+1 bd $1,000+Total monthly cost3.5 (39)801 Locust Place NE, Albuquerque, NM 87102Pet friendly • Fitness center • In unit laundry
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1 bd $925+Base rent4.0 (28)8401 Spain Road NE, Albuquerque, NM 87111Pet friendly
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1 bd $1,029+Base rent4.5 (39)3501 Atrisco Drive NW, Albuquerque, NM 87120Pet friendly • Fitness center • Pool
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Studio $966+1 bd $1,062+2 bd $1,170+Total monthly cost4.0 (21)4401 Morris Street NE, Albuquerque, NM 87111Pet friendly • Fitness center • Pool
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1 bd $95+Total monthly cost5800 Eubank Blvd NE, Albuquerque, NM 87111Pet friendly • Fitness center • Pool
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1 bd $965+2 bd $1,135+Base rent4.0 (39)10000 Menaul Boulevard NE, Albuquerque, NM 87112Pet friendly • Pool • In unit laundry
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1 bd $928+2 bd $1,087+Base rent4.5 (40)3011 Jane Pl NE, Albuquerque, NM 87111Pet friendly • Parking • Pool
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1 bd $1,013+Total monthly cost4.0 (22)12021 Skyline Road NE, Albuquerque, NM 87123Pet friendly • Pool • In unit laundry
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Studio $764+1 bd $835+Base rent3.5 (9)4501 Shepard Road NE, Albuquerque, NM 87110Pet friendly • Fitness center • Patio/Balcony
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Studio $725+1 bd $1,016+Total monthly cost3.5 (6)4300 Pan American FWY NE, Albuquerque, NM 87107Pet friendly • Fitness center • Pool
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Studio $1,197Total monthly cost4.5 (16)900 Country Club, Rio Rancho, NM 87124Pet friendly • Fitness center • Pool
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1 bd $942Base rent3.5 (7)1201 Madeira Dr. SE, Albuquerque, NM 87108Pet friendly • Pool • In unit laundry
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Studio $850Base rent4.0 (18)760 Juan Tabo Blvd NE, Albuquerque, NM 87123Pet friendly • In unit laundry • Dishwasher
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Studio $1,155Base rent3.5 (14)4101 Meadowlark Lane SE, Rio Rancho, NM 87124Pet friendly • In unit laundry • Dishwasher
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Studio $999+1 bd $1,150+Base rent3.5 (27)6401 Academy Road NE, Albuquerque, NM 87109Pet friendly • Parking • Fitness center
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2 bd $1,0313 bd $1,184+Base rent4.0 (16)820 Louisiana Blvd Unit, Albuquerque, NM 87108Pet friendly • Pool • In unit laundry
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1 bd $950+2 bd $1,105+Base rent4.5 (16)3400 Wyoming Blvd, Albuquerque, NM 87111Pet friendly • Fitness center • Pool
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1 bd $1,119+Total monthly cost3.5 (48)6000 Montano Plaza Dr, Albuquerque, NM 87120Pet friendly • Parking • Fitness center
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1 bd $1,099+Base rent4.0 (8)3131 Adams Street NE, Albuquerque, NM 87110Pet friendly • Pool • Dishwasher
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Frequently asked questions
When were prices and availability in New Mexico last updated?
Prices and availability in New Mexico were last updated on 14 Jul 2026.
What are the best apartments in New Mexico?
The best apartments in New Mexico are: Broadstone Towne Center, Altezza High Desert, Links at High Resort, Arterra and Altitude at Vizcaya.
What type of rental buildings are in New Mexico?
In New Mexico, 30% of the residents are renting compared to 70% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 10% of New Mexico's rentals, 44% are small-scale complexes with under 50 units, and 34% are single-family rentals.
Search for apartments in New Mexico under $1,200
There’s more than one way to spend $1,200 on rent in New Mexico, 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 $1,200 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 $1,200 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 New Mexico. 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 118 apartments for rent below $1,200 in New Mexico for every taste. Decide what you need, stay focused, and you’re bound to find your perfect apartment in no time.