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Cheap Apartments for Rent in Albuquerque, NM

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  • Apartments Under $600 Apartments Under $700 Apartments Under $800 Apartments Under $900 Apartments Under $1,000 Apartments Under $1,100

  • Apartments Under $600

  • 1 bd $526+
    2 bd $1,302
    Total monthly cost
    Verified Listing

    Valle De Atrisco

    4.0 (11)
    9901 Ceja Vis Rd SW, Albuquerque, NM 87121
    Apply online • Pet friendly • Fitness center

  • Apartments Under $700

  • 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
  • 6 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

  • Apartments Under $800

  • Rent specials
    Studio $738+
    1 bd $928+
    2 bd $1,133+
    Total monthly cost
    Verified Listing

    Comanche Wells

    3400 Comanche Road NE, Albuquerque, NM 87107
    Apply online • Pet friendly
  • Rent specials New Units Available
    Studio $749+
    1 bd $825+
    2 bd $1,125+
    Base rent
    Verified Listing

    Encanto Lofts Apartments

    3.5 (9)
    4501 Shepard Road NE, Albuquerque, NM 87110
    Apply online • Pet friendly • Fitness center
  • Rent specials New Units Available
    Studio $750+
    1 bd $955
    2 bd $1,140
    Base rent
    Verified Listing

    Rock Creek

    4.5 (5)
    3135 Comanche Rd NE, Albuquerque, NM 87107
    Apply online • Pet friendly • Fitness center
  • 6 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

  • Apartments Under $900

  • Rent specials New Units Available
    Studio $821+
    1 bd $947+
    2 bd $1,145+
    Total monthly cost
    Verified Listing

    Union 505

    3.5 (39)
    801 Locust Place NE, Albuquerque, NM 87102
    Apply online • Pet friendly • Fitness center
  • Only 2 units 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
  • 4 units available
    Studio $850
    1 bd $1,250+
    2 bd $1,500
    Base rent
    Verified Listing

    760 Juan Tabo

    3.5 (20)
    760 Juan Tabo Blvd NE, Albuquerque, NM 87123
    Apply online • Pet friendly • Dishwasher
  • 1 bd $853+
    Base rent
    Verified Listing

    White Oak Apartments

    5.0 (8)
    121 Cardenas NE, Albuquerque, NM 87108
    Apply online • Cat friendly • Patio/Balcony
  • New Units Available 10 units available
    1 bd $875+
    2 bd $999+
    Base rent
    Verified Listing

    Whispering Sands

    12720 Central Ave SE, Albuquerque, NM 87123
    Apply online • Pet friendly • Parking
  • Studio $890+
    1 bd $952+
    2 bd $1,241+
    Total monthly cost
    Verified Listing

    Tierra Pointe

    6801 Los Volcanes Road NW, Albuquerque, NM 87121
    Apply online • Pet friendly

  • Apartments Under $1,000

  • Rent specials New Units Available
    1 bd $925+
    2 bd $1,250+
    Base rent
    Verified Listing

    Peaks At Sandia View

    3.0 (2)
    1501 Indian School Road NE, Albuquerque, NM 87102
    Apply online • Pet friendly • Parking
  • Rent specials New Units Available
    1 bd $935+
    2 bd $1,230+
    Base rent
    Verified Listing

    Acacia Gardens

    4.0 (29)
    8401 Spain Road NE, Albuquerque, NM 87111
    Apply online • Pet friendly
  • 1 bd $950
    2 bd $1,150+
    Total monthly cost
    Verified Listing

    Casa De Sierra Senior Apartments

    3.5 (7)
    200 Valencia Dr SE, Albuquerque, NM 87108
    Apply online • Pet friendly • Parking
  • Rent specials Only 3 units left
    1 bd $950+
    2 bd $1,195+
    3 bd $1,720+
    Base rent
    Verified Listing

    Sedona Ridge

    4.5 (16)
    3400 Wyoming Blvd, Albuquerque, NM 87111
    Apply online • Pet friendly • Fitness center
  • 1 bd $956+
    2 bd $1,141+
    Total monthly cost
    Verified Listing

    Ceja Vista Senior Apartments

    4.0 (1)
    10001 Ceja Vista Rd SW, Albuquerque, NM 87121
    Apply online • Pet friendly • Fitness center
  • Rewards New Units Available
    1 bd $964+
    2 bd $1,152+
    Base rent
    Verified Listing

    The Pearl At Spring Creek

    4.0 (92)
    5600 Gibson Blvd. SE, Albuquerque, NM 87108
    Apply online • Pet friendly • Parking
  • 10 units available
    1 bd $965+
    2 bd $1,195+
    Base rent
    Verified Listing

    Mission Hill Apartments

    4.0 (39)
    10000 Menaul Boulevard NE, Albuquerque, NM 87112
    Apply online • Pet friendly • Pool
  • Rent specials Rewards
    1 bd $969+
    2 bd $1,137
    Base rent
    Verified Listing

    The Retreat At Candelaria

    4.5 (40)
    3011 Jane Pl NE, Albuquerque, NM 87111
    Apply online • Pet friendly • Parking
  • 1 bd $975+
    Base rent
    Verified Listing

    Arlo Apartments

    4.5 (2)
    8911 Northeastern Blvd NE, Albuquerque, NM 87112
    Apply online • Pet friendly • Fitness center
  • Rewards New Units Available
    1 bd $999
    2 bd $1,173
    Base rent
    Verified Listing

    Somerset Park

    3.5 (7)
    1201 Madeira Dr. SE, Albuquerque, NM 87108
    Apply online • Pet friendly • Pool
  • Rent specials New Units Available
    1 bd $999+
    Base rent
    Verified Listing

    Wyoming Place Apartments

    5222 Wyoming Boulevard NE, Albuquerque, NM 87111
    Apply online • Pet friendly • Fitness center
  • Rent specials New Units Available
    1 bd $1,030+
    2 bd $999+
    3 bd $1,549+
    Base rent
    Verified Listing

    Norte Villas Apartments

    3.0 (17)
    6001 Topke Place NE, Albuquerque, NM 87109
    Apply online • Pet friendly • Fitness center
  • Rent specials New Units Available
    Studio $999
    1 bd $1,170+
    2 bd $1,274+
    Base rent
    Verified Listing

    Villas De La Terraza

    3.5 (27)
    6401 Academy Road NE, Albuquerque, NM 87109
    Apply online • Pet friendly • Parking

  • Apartments Under $1,100

  • Rent specials 14 units available
    1 bd $1,013+
    2 bd $1,408+
    3 bd $1,547+
    Total monthly cost
    Verified Listing

    Arrowhead Pointe

    4.0 (24)
    12021 Skyline Road NE, Albuquerque, NM 87123
    Apply online • Pet friendly • Pool
  • Rent specials
    1 bd $1,024+
    2 bd $1,253+
    3 bd $1,639+
    Total monthly cost
    Verified Listing

    MOUNTAIN VISTA

    4.0 (15)
    1501 Tramway Blvd. NE, Albuquerque, NM 87112
    Apply online • Pet friendly • Parking
  • Only 2 units left
    Ask for pricing
    Verified Listing

    Generations At West Mesa

    4.0 (7)
    5710 Avalon Road NW, Albuquerque, NM 87105
    Apply online • Pet friendly
  • Rent specials New Units Available
    Studio $1,050
    1 bd $1,199+
    2 bd $1,399+
    Base rent
    Verified Listing

    Los Altos Towers

    4.5 (47)
    9125 Copper Ave NE, Albuquerque, NM 87123
    Apply online • Pet friendly
  • 1 bd $1,054
    2 bd $1,257
    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 12 units available
    1 bd $1,085+
    2 bd $1,234
    3 bd $1,399+
    Base rent
    Verified Listing

    Villa Esperanza

    3.0 (4)
    3901 Lafayette Dr NE, Albuquerque, NM 87107
    Pet friendly • Dishwasher • Patio/Balcony
  • 4 units available
    1 bd $1,090
    2 bd $1,275+
    Base rent
    Verified Listing

    La Vida Buena Apartments

    4.0 (13)
    2201 Ambassador Road NE, Albuquerque, NM 87112
    Apply online • Pet friendly • Parking
  • 2 bd $1,349+
    Base rent
    Verified Listing

    Rio Volcan

    5.0 (1)
    1919 Ladera Drive NW, Albuquerque, NM 87120
    Apply online • Pet friendly • Fitness center
  • Ask for pricing
    Verified Listing

    Zocalo Lofts

    4.0 (5)
    400 Coal Avenue, Albuquerque, NM 87102
    Pet friendly • Fitness center • In unit laundry
  • 35-0-city
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Frequently asked questions

What is the price of a cheap apartment in Albuquerque, NM?

The price range of a cheap apartment is between $526 and $4,011.

How many cheap rentals are available in Albuquerque, NM on RentCafe?

There are 195 cheap rentals available on RentCafe. Prices and availability in Albuquerque, NM were last updated on 29 Sep 2026.

What is the average size of a cheap apartment in Albuquerque, NM?

The average Albuquerque, NM cheap apartment size is 764 sq. ft.

What are the advantages of renting a cheap apartment in Albuquerque, NM?

Cheap apartments in Albuquerque, NM are usually less expensive, smaller, and easier to maintain. They also come with lower utility costs.

What are the downsides of renting a cheap apartment in Albuquerque, NM?

A cheap apartment in Albuquerque, NM offers little storage space and fewer amenities compared to other apartments.

Looking for a cheap apartment for rent in Albuquerque, NM? With RentCafe, finding an affordable apartment in Albuquerque, NM has never been easier. We feature 423 low-priced rentals directly from property managers, with rents lower than the Albuquerque, NM average. What is a cheap rent in Albuquerque, NM? The average apartment rent in Albuquerque is $1,403 per month so any rental south of $1,122 would be considered cheap here. On RentCafe, Albuquerque, NM rents go as low as $526/mo.