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Apartments for Rent in New Mexico under $700 – 141 Rentals available

  • Apartment
    4610 Eubank Boulevard NE, Albuquerque, NM 87111
    $655 - $802
    • Studio-2 Beds
    • 1-2 Baths
    Available Today!
    (844) 287-6429
  • Apartment
    6021 Anderson SE, Albuquerque, NM 87108
    $575
    • 1 Bed
    • 1 Bath
    Landmark Realty
    Available Today!
    (505) 433-5924
  • Apartment
    10000 Menaul Boulevard NE, Albuquerque, NM 87112
    $615 - $880
    • 1-2 Beds
    • 1-2 Baths
    Available Today!
    (505) 926-0189
  • Apartment
    312 Graceland SE, Albuquerque, NM 87108
    $680
    • 1 Bed
    • 1 Bath
    Landmark Realty
    Available Today!
    (505) 433-5924
  • Apartment
    7220 Central Ave SE, Albuquerque, NM 87108
    $484 - $942
    • Studio-2 Beds
    • 1-2 Baths
    Available Today!
    (505) 255-7511
  • Apartment
    5901 Alice NE, Albuquerque, NM 87110
    $620 - $640
    • 1 Bed
    • 1 Bath
    Landmark Realty
    Available Today!
    (505) 433-5924
  • Apartment
    5800 Harper Drive NE, Albuquerque, NM 87109
    $633 - $985
    • Studio-2 Beds
    • 1-2 Baths
    Available Today!
    (855) 252-4709
  • Apartment
    3958 Montgomery Blvd NE, Albuquerque, NM 87109
    $565 - $705
    • 1-2 Beds
    • 1-2 Baths
    Available Today!
    (505) 883-9220
  • Apartment
    4401 San Pedro Dr. NE, Albuquerque, NM 87109
    $600 - $1,205
    • Studio-2 Beds
    • 1-2 Baths
    (833) 234-4582
  • Apartment
    301 Western Skies Drive SE, Albuquerque, NM 87123
    $580 - $968
    • 1-3 Beds
    • 1-2 Baths
    (505) 294-3108
  • Apartment
    1520 University Boulevard NE, Albuquerque, NM 87102
    $595 - $695
    • Studio-1 Bed
    • 1 Bath
    (303) 960-3101
  • Apartment
    3131 Adams Street NE, Albuquerque, NM 87110
    $695 - $1,045
    • 1-2 Beds
    • 1-2 Baths
    (833) 257-8225
  • Apartment
    3400 Comanche Road NE, Albuquerque, NM 87107
    $637 - $1,420
    • Studio-2 Beds
    • 1 Bath
    (505) 884-4044
  • Apartment
    3245 E University Ave, Las Cruces, NM 87011
    • 1-3 Beds
    • 1-2 Baths
    (833) 213-1783
  • Apartment
    3400 Wyoming Blvd, Albuquerque, NM 87111
    See current rent specials
    $630 - $1,120
    • 1-3 Beds
    • 1-2 Baths
    (505) 225-1173
  • Apartment
    5600 Gibson Blvd. SE, Albuquerque, NM 87108
    $605 - $825
    • 1-2 Beds
    • 1-2 Baths
    Landmark Realty
    (505) 265-1519
  • Apartment
    124 Cardenas NE, Albuquerque, NM 87108
    $585
    • 1 Bed
    • 1 Bath
    Landmark Realty
    (505) 433-5924
  • Apartment
    8200 Bridge Blvd SW, Albuquerque, NM 87121
    $660 - $985
    • 1-4 Beds
    • 1-2 Baths
    (833) 677-3530
  • Apartment
    112 Cardenas NE, Albuquerque, NM 87108
    $585 - $655
    • 1 Bed
    • 1 Bath
    Landmark Realty
    (505) 433-5924
  • Apartment
    225 Adams SE, Albuquerque, NM 87108
    $620
    • 1 Bed
    • 1 Bath
    Landmark Realty
    (505) 433-5924
  • Apartment
    3011 Jane Pl NE, Albuquerque, NM 87111
    $600 - $875
    • 1-2 Beds
    • 1-2 Baths
    Landmark Realty
    (505) 299-4485
  • Apartment
    3501 Atrisco Drive NW, Albuquerque, NM 87120
    • 1-2 Beds
    • 1-2 Baths
    (505) 832-3039
  • Apartment
    5222 Wyoming Boulevard NE, Albuquerque, NM 87111
    $675 - $779
    • 1-2 Beds
    • 1 Bath
    (505) 501-7174
  • Apartment
    225 Jefferson SE, Albuquerque, NM 87108
    $620
    • 1 Bed
    • 1 Bath
    Landmark Realty
    (505) 433-5924
  • Apartment
    6801 Los Volcanes Road, Albuquerque, NM 87121
    $605 - $1,413
    • 1-3 Beds
    • 1-2 Baths
    (833) 807-8741

Popular Searches

New Mexico Demographics

  • Total Population2,100,022
  • Female 1,039,565
    Male 1,060,457
  • Median Age42

Average Rent in New Mexico

  • New Mexico Average Rental Price, May 2019$874/mo

New Mexico Apartment Rent Ranges

  • < $5003%
  • $501-$70027%
  • $701-$1,00046%
  • $1,001-$1,50020%
  • $1,501-$2,0003%
  • > $2,0001%

New Mexico Rent Trends

Average Rent Jan / 2016 May / 2016 Sept / 2016 Jan / 2017 May / 2017 Sept / 2017 Jan / 2018 May / 2018 May / 2019
New Mexico $795 $806 $816 $820 $834 $844 $842 $841 $874
National $1,290 $1,319 $1,334 $1,329 $1,354 $1,366 $1,366 $1,381 $1,396
/

New Mexico Households

  • Total Number of Households774,982
  • Family 494,708
    Non-family 280,274
  • Children 240,221
    No Children 534,761
  • Average People Per Household2.74
  • Median Household Income$38,548
  • Median Housing Costs Per Month$508

New Mexico Education Statistics

  • No High School6%
  • Some High School36%
  • Some College27%
  • Associate Degree8%
  • Bachelor Degree14%
  • Graduate Degree10%

Apartments in New Mexico under $700

Balancing snug and cheap is no joke when it comes to renting a place to live. “Are there any apartments near me under $700?” is a great question to start from. Knowing your budget means you’re one step ahead and on the right track. We’ve taken care of the rest and found 147 apartments for rent in New Mexico on which you’ll spend less than $700. A small, cheap rental means you’ll have to budget your living space as well. The great news is that keeping it simple pays off in more than one way. The cost of utilities is likely to run low, and you get the added benefit of not having to spend too much time cleaning up the whole place. Smaller apartments are more likely to be closer to the city center, so there are potential cuts to your transportation costs too. And here’s one more very special secret to add to your book-of-perks: you’re less likely to overshop when you know your space is limited.

Rentals near you under $700

Our goal is to help you find cheap apartments that live up to your dreams without crushing your budget. It may be a long shot to go looking for 3 bedroom apartments or even 2 bedroom for less than $700. The average rental size in New Mexico is 704 Sqft, but the $700 limit will probably narrow your search to places with a smaller square footage. Go through our listings and be on the look-out for a hassle-free studio or a 1 bedroom apartment. We trust you’ll turn it into a cozy home which is also budget-friendly to the core.

Finding a home nearby is easier than you think. Check out our Apartments Near Me page and take your pick!