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Cheap Apartments for Rent in Albuquerque, NM - 147 Rentals available

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Apartments Under $500 Apartments Under $600 Apartments Under $700 Apartments Under $800

Apartments Under $500

  • Apartment

    1200 Dickerson SE, Albuquerque, NM 87106
    $455 - $800
    • Studio-3 Beds

Apartments Under $600

  • Apartment

    6801 Los Volcanes NW, Albuquerque, NM 87121
    $529 - $699
    • Studio-3 Beds
    • 1-2 Baths
    Nevins, Adams, Lewbel & Schell
    Available Today!
    (855) 562-7020
  • Apartment

    6801 Los Volcanes NW, Albuquerque, NM 87121
    $529 - $815
    • Studio-3 Beds
    • 1-2 Baths
    Nevins, Adams, Lewbel & Schell
    Available Today!
    (844) 333-9750
  • Apartment

    301 Western Skies SE, Albuquerque, NM 87123
    Contact for Pricing
    • 1-3 Beds
    • 1-2 Baths
    Monarch Investments
    (505) 715-4777
  • Apartment

    201 Adams SE, Albuquerque, NM 87108
    $550
    • 1 Bed
    • 1 Bath
    Landmark Realty
    Available Today!
    (505) 720-9068
  • Apartment

    1101-1121 Palomas Dr. SE, Albuquerque, NM 87108
    $560 - $650
    • Studio-2 Beds
    • 1 Bath
    Cooper Street Capital
    Available Today!
    (505) 200-9603
  • Apartment

    12801 Copper Ave NE, Albuquerque, NM 87123
    $560 - $805
    • 1-4 Beds
  • Apartment

    3958 Montgomery Boulevard NE, Albuquerque, NM 87109
    Contact for Pricing
    • 1-2 Beds
    • 1-2 Baths
    Monarch Investments
    (505) 273-6611
  • Apartment

    124 Cardenas NE, Albuquerque, NM 87108
    $580
    • 1 Bed
    • 1 Bath
    Landmark Realty
    Available Today!
    (505) 720-9068
  • Apartment

    112 Cardenas NE, Albuquerque, NM 87108
    $580
    • 1 Bed
    • 1 Bath
    Landmark Realty
    Available Today!
    (505) 720-9068
  • Apartment

    10000 Menaul Boulevard NE, Albuquerque, NM 87112
    $590 - $740
    • 1-2 Beds
    • 1-2 Baths
    Monarch Investments
    (505) 926-0189

Apartments Under $700

  • Apartment

    12400 Montgomery Blvd NE, Albuquerque, NM 87111-4189
    $600 - $765
    • 1-2 Beds
    • 1 Bath
    FPI Management
    (855) 736-8223
  • Apartment

    3400 Wyoming Blvd, Albuquerque, NM 87111
    $600 - $1,115
    • 1-3 Beds
    • 1-2 Baths
    Monarch Investments
    (505) 225-1173
  • Apartment

    6021 Anderson SE, Albuquerque, NM 87108
    $605 - $635
    • 1 Bed
    • 1 Bath
    Landmark Realty
    (505) 720-9068
  • Apartment

    901 Tramway Blvd. NE, Albuquerque, NM 87123
    $608 - $693
    • 1-3 Beds
  • Apartment

    5901 Alice NE, Albuquerque, NM 87110
    $635
    • 1 Bed
    • 1 Bath
    Landmark Realty
    (505) 720-9068
  • Apartment

    3501 Atrisco Drive NW, Albuquerque, NM 87120
    $639 - $805
    • 1-2 Beds
    • 1-2 Baths
    Monarch Investments
    (505) 832-3039
  • Apartment

    5222 Wyoming Boulevard NE, Albuquerque, NM 87111
    $640 - $665
    • 1-2 Beds
    • 1 Bath
    Monarch Investments
    (505) 501-7174
  • Apartment

    3405 Calle Cuervo NW, Albuquerque, NM 87114
    $645 - $1,001
    • 1-2 Beds
    • 1-2 Baths
    Nevins, Adams, Lewbel & Schell
    (844) 333-9747
  • Apartment

    5741 Osuna Road NE, Albuquerque, NM 87109
    $665 - $1,095
    • 1-3 Beds
    • 1-2 Baths
    Allison Shelton Real Estate Services
    (888) 700-7043

Apartments Under $800

  • Apartment

    200 Figueroa Drive NE, Albuquerque, NM 87123
    $708
    • 1-3 Beds
    • 1-2 Baths
    Monarch Investments
    (505) 715-4554
  • Apartment

    4601 Montano Road NW, Albuquerque, NM 87120
    $709 - $1,149
    • 1-3 Beds
    • 1-2 Baths
    Nevins, Adams, Lewbel & Schell
    (844) 333-9745
  • Apartment

    13150 Wenonah SE, Albuquerque, NM 87123
    $720 - $926
    • 1-2 Beds
    • 1-2 Baths
    Nevins, Adams, Lewbel & Schell
    (844) 333-9743
  • Apartment

    1135 Texas NE , Albuquerque, NM 87110
    $770
    • 1 Bed

Renting a Cheap Apartment in Albuquerque

The wide open horizons of the southwest will soothe your soul in Albuquerque, New Mexico, a bustling city of industry, education and tourism. Whether your home of choice is an abode in the traditional New Mexico style or a modern, eco-friendly apartment, you’ll find choices to meet your budget. Enjoy authentic New Mexico style food with chiles – green or red – sopapillas with honey, fry bread and other local specialties at dozens of area restaurants. Opportunities for year-round outdoor recreation, sporting events, and art and culture abound in this city of just under 450,000. Albuquerque is famous for its annual balloon festival each fall, and boasts easy access to Native American pueblos, gaming, and artistic vistas that seem to go on forever.

Looking for a cheap apartment for rent in Albuquerque, NM? With RENTCafé, finding an affordable apartment in Albuquerque, NM has never been easier. We feature 147 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 $778 per month so any rental south of $622 would be considered cheap here. Size matters though, so if you are in a market for a studio, expect to pay around $373 per month. If you’re looking to upgrade to a 1-bedroom apartment you’ll pay around $483, while a cheap 2-bedroom apartment will cost you about $595 per month. On RENTCafé, Albuquerque, NM rents go as low as $455/mo.

Albuquerque, NM zip codes with higher average rent (above $778)

Albuquerque, NM zip codes with lower average rent (below $778)