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Apartments for Rent in New Mexico under $1500

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  • 1 bd $1,054
    3 bd $1,445
    Total monthly cost
    Verified Listing

    Village At Avalon

    4.5 (5)
    601 90Th St NW, Albuquerque, NM 87121
    Apply online • Pet friendly • Fitness center
  • Rent specials
    1 bd $1,095
    2 bd $1,305
    Base rent
    Verified Listing

    Alexis Apartments

    3.5 (3)
    3500 Foothills Rd #C10, Las Cruces, NM 88011
    Apply online • Pet friendly • Parking
  • 7 units available
    1 bd $645+
    2 bd $950
    Base rent
    Verified Listing

    4901 San Mateo Lane NE

    4.0 (29)
    4901 San Mateo Lane NE, Albuquerque, NM 87109
    Apply online • Pet friendly
  • Only 1 unit left
    1 bd $1,150
    2 bd $1,350
    Base rent
    Verified Listing

    4320-4328 Grande Ct. NW

    3.0 (2)
    4320-4328 Grande Ct. NW, Albuquerque, NM 87107
    Apply online • Pet friendly • In unit laundry
  • Only 1 unit left
    1 bd $1,350
    Base rent
    Verified Listing

    4630 12th Street

    5.0 (1)
    4630 12Th Street, Albuquerque, NM 87107
    Apply online • Pet friendly
  • Only 1 unit left
    1 bd $850
    2 bd $950
    Base rent
    Verified Listing

    1221 Silver Ave SW

    4.0 (10)
    1221 Silver Ave SW, Albuquerque, NM 87102
    Apply online • Pet friendly
  • Only 1 unit left
    2 bd $975
    Base rent
    Verified Listing

    Cedar Crest Apartments

    4.5 (3)
    220 Nizhoni Blvd, Gallup, NM 87301
    Apply online
  • 1 bd $640
    2 bd $680
    3 bd $929
    Base rent
    Verified Listing

    THE COURTYARD APARTMENT HOMES

    6001 Topke Place NE, Albuquerque, NM 87109
    Pet friendly • Fitness center • Pool
  • 8 units available
    2 bd $1,300
    Base rent
    Verified Listing

    Villa Mentmore LTD PTNS

    3420 Sanostee Dr, Gallup, NM 87301
    Apply online
  • 5 units available
    Studio $775
    Base rent
    Verified Listing

    San Mateo Suites

    4.0 (29)
    5001 San Mateo Lane NE, Albuquerque, NM 87109
    Apply online • Pet friendly
  • 12 units available
    1 bd $1,250
    2 bd $1,356
    Base rent Income restricted
    Verified Listing

    West Park Apartments

    4.0 (1)
    9251 Eagle Ranch Rd NW, Albuquerque, NM 87114
    Apply online • Pet friendly • Fitness center
  • Rent specials 132 units available
    1 bd $1,095
    2 bd $1,298
    3 bd $1,486
    Base rent Income restricted
    Verified Listing

    Sandoval Flats

    3200 E Camino Encantadas NE, Rio Rancho, NM 87144
    Apply online • Pet friendly
  • Ask for pricing
    Verified Listing

    Sandia Vista Apt.

    901 Tramway Blvd. NE, Albuquerque, NM 87123
    In unit laundry • Patio/Balcony • Large Closets
  • Only 2 units left
    1 bd $750+
    2 bd $800+
    Base rent
    Verified Listing

    235 W. Madrid Avenue

    5.0 (2)
    235 W. Madrid Avenue, Las Cruces, NM 88005
    Apply online • Dog friendly
  • 2 bd $1,064
    3 bd $1,155+
    Base rent
    Verified Listing

    Valle Grande

    4.0 (2)
    8900 Second St. NW, Albuquerque, NM 87114
    Apply online • Dog friendly • Dishwasher
  • Only 1 unit left
    2 bd $850
    Base rent
    Verified Listing

    1630 Wyoming Ave.

    1630 Wyoming Ave., Las Cruces, NM 88001
    Apply online
  • Ask for pricing
    Verified Listing

    Zocalo Lofts

    4.0 (5)
    400 Coal Avenue, Albuquerque, NM 87102
    Pet friendly • Fitness center • In unit laundry
  • Ask for pricing
    Verified Listing

    La Vida Nueva Apt.

    1200 Dickerson SE, Albuquerque, NM 87106
    Air conditioner • Wheelchair Access
  • Only 1 unit left
    Studio $1,200
    Base rent
    Verified Listing

    308 E & 310 E Hwy 66th

    308 E & 310 E Hwy 66Th, Gallup, NM 87301
    Apply online
  • Rent specials
    1 bd $1,061
    2 bd $1,270
    Total monthly cost Income restricted
    Verified Listing

    Desert Willow

    8901 Jefferson St, NE., Albuquerque, NM 87113
    Pet friendly
  • 1 bd $956+
    2 bd $1,141+
    Base rent Income restricted
    Verified Listing

    La Cantera Senior Apartments

    3600 Old Airport Rd NW, Albuquerque, NM 87114
    Apply online • Pet friendly • Fitness center
  • Ask for pricing
    Income restricted
    Verified Listing

    Ventana De Vida

    1500 Pacheco Street, Sante Fe, NM 87505
    Pet friendly • Fitness center • In unit laundry
  • Rent specials
    1 bd $956+
    2 bd $1,141+
    Base rent Income restricted
    Verified Listing

    Manzano Mesa

    700 Eubank Blvd SE, Albuquerque, NM 87123
    Apply online • Pet friendly • Parking
  • 1 bd $956+
    2 bd $1,141+
    Base rent Income restricted
    Verified Listing

    El Paseo Apartments

    301 El Pueblo Road NW, Los Ranchos De Alebuquerque, NM 87114
    Apply online • Pet friendly • Parking
  • 2 bd $1,141+
    Base rent Income restricted
    Verified Listing

    La Terraza Senior Apartments

    3704 Ladera Drive NW, Albuquerque, NM 87120
    Apply online • Pet friendly • Parking
  • 153-0-state
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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 13 Sep 2026.

What are the best apartments in New Mexico?

The best apartments in New Mexico are: Broadstone Towne Center, Links at High Resort, Altezza High Desert, Arterra and 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.