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Apartments for Rent in New Mexico under $1500
Apartments for Rent in New Mexico under $1500. 1,208 Rentals Available
1,208 Rentals Available
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1 bd $958+2 bd $1,210+Total monthly cost3.5 (47)6000 Montano Plaza Dr, Albuquerque, NM 87120Apply online • Pet friendly
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Only 1 unit left1 bd $1,1502 bd $1,350Base rent4331-4343 12Th Ct. NW, Albuquerque, NM 87107Apply online • Pet friendly -
1 bd $1,255+2 bd $1,225+Total monthly cost3.5 (10)4236 Eubank Blvd. NE, Albuquerque, NM 87111Apply online • Pet friendly
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1 bd $943+2 bd $1,187+Total monthly cost4.0 (20)12021 Skyline Road NE, Albuquerque, NM 87123Apply online • Pet friendly
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1 bd $1,147+2 bd $1,240+Total monthly cost4.5 (38)10600 Cibola Loop NW, Albuquerque, NM 87114Apply online • Pet friendly
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1 bd $1,478+Base rent6332 Entrada De Milagro, Santa Fe, NM 87507Apply online • Pet friendly
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1 bd $975+Base rent4.5 (2)8911 Northeastern Blvd NE, Albuquerque, NM 87112Apply online • Pet friendly
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Only 1 unit leftStudio $1,0001 bd $1,100+Base rent4.5 (3)305 Princeton Dr SE, Albuquerque, NM 87106Apply online • Pet friendly -
1 bd $1,246+2 bd $1,304+Total monthly cost4.0 (43)9180 Coors Blvd, NW, Albuquerque, NM 87120Apply online • Pet friendly
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Studio $863+1 bd $889+2 bd $903+Total monthly cost6801 Los Volcanes Road NW, Albuquerque, NM 87121Apply online • Pet friendly
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1 bd $6452 bd $950Base rent4.0 (29)4901 San Mateo Lane NE, Albuquerque, NM 87109Apply online • Pet friendly
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Studio $9091 bd $1,169+2 bd $1,384+Base rent4.5 (46)9125 Copper Ave NE, Albuquerque, NM 87123Apply online • Pet friendly
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Only 1 unit left1 bd $1,1502 bd $1,350Base rent3.0 (1)4320-4328 Grande Ct. NW, Albuquerque, NM 87107Apply online • Pet friendly -
Studio $8971 bd $956Base rent Income restricted901 Park Ave SW, Albuquerque, NM 87102Apply online • Pet friendly
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Ask for pricingIncome restricted1500 Pacheco Street, Sante Fe, NM 87505Pet friendly
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2 bd $1,153Total monthly cost Income restricted8901 Jefferson St, NE., Albuquerque, NM 87113Pet friendly
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Only 2 units left2 bd $775Base rent5.0 (1)Apts. #1-11, Las Cruces, NM 88001Apply online • Pet friendly
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1 bd $9562 bd $1,141Base rent Income restricted3600 Old Airport Rd NW, Albuquerque, NM 87114Apply online • Pet friendly
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1 bd $9562 bd $1,141Base rent Income restricted301 El Pueblo Road NW, Los Ranchos De Alebuquerque, NM 87114Apply online • Pet friendly
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2 bd $1,229+3 bd $1,229+Base rent3.5 (3)12145 State Hwy 14 North, Cedar Crest, NM 87008Apply online • Pet friendly
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Studio $1,223+Base rentALKT - 3410 Central Ave SE, Albuquerque, NM 87106Pet friendly -
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Only 1 unit left1 bd $1,200Base rentCasita, Rio Rancho, NM 87124Apply online • Pet friendly -
1 bd $9642 bd $1,1493 bd $1,321Base rent Income restricted4501 Safelite Blvd NE, Rio Rancho, NM 87144Apply online • Pet friendly
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1 bd $9562 bd $1,1413 bd $1,311Base rent Income restricted291 El Pueblo Road NW, Los Ranchos De Albuquerque, NM 87114Apply online • Pet friendly
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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 May 2026.
What are the best apartments in New Mexico?
The best apartments in New Mexico are: Vizcaya, Arterra, Altitude at Vizcaya, Broadstone Towne Center and Altezza High Desert.
What type of rental buildings are in New Mexico?
In New Mexico 30% of the housing is rented out compared to 70% of homes are owned, according to the most recent Census Bureau estimates. 10% of New Mexico's apartments are found in large buildings of 50 units or more, 44% are located in smaller apartment complexes with less than 50 units, and 34% are single-family rentals.