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Cheap Apartments for Rent in Albuquerque, NM - 258 Rentals available

Apartments Under $500

  • Apartment
    4300 Pan American FWY NE, Albuquerque, NM 87107
    $405 - $1,150
    • Studio-3 Beds
    • 1-2 Baths
    Available Today!
    (844) 329-2577
  • Apartment
    1200 Dickerson SE, Albuquerque, NM 87106
    $455 - $800
    • Studio-3 Beds

Apartments Under $600

  • Apartment
    301 Western Skies SE, Albuquerque, NM 87123
    • 1-3 Beds
    • 1-2 Baths
    (505) 715-4777
  • Apartment
    201 Adams SE, Albuquerque, NM 87108
    $550
    • 1 Bed
    • 1 Bath
    Landmark Realty
    Available Today!
    (505) 433-5924
  • Apartment
    225 Jefferson SE, Albuquerque, NM 87108
    $550
    • 1 Bed
    • 1 Bath
    Landmark Realty
    Available Today!
    (505) 433-5924
  • Apartment
    125 Cardenas NE, Albuquerque, NM 87108
    $550
    • 1 Bed
    • 1 Bath
    Landmark Realty
    Available Today!
    (505) 433-5924
  • Apartment
    6801 Los Volcanes NW, Albuquerque, NM 87121
    $559 - $705
    • Studio-3 Beds
    • 1-2 Baths
    Available Today!
    (855) 562-7020
  • Apartment
    6801 Los Volcanes NW, Albuquerque, NM 87121
    $559 - $819
    • Studio-3 Beds
    • 1-2 Baths
    Available Today!
    (844) 333-9750
  • 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
    • 1-2 Beds
    • 1-2 Baths
    (505) 273-6611
  • Apartment
    124 Cardenas NE, Albuquerque, NM 87108
    $580
    • 1 Bed
    • 1 Bath
    Landmark Realty
    (505) 433-5924
  • Apartment
    112 Cardenas NE, Albuquerque, NM 87108
    $580
    • 1 Bed
    • 1 Bath
    Landmark Realty
    (505) 433-5924
  • Apartment
    12021 Skyline Road NE, Albuquerque, NM 87123
    $580 - $1,025
    • 1-3 Beds
    • 1-2 Baths
    (833) 837-9729
  • Apartment
    10000 Menaul Boulevard NE, Albuquerque, NM 87112
    • 1-2 Beds
    • 1-2 Baths
    (505) 926-0189
  • Apartment
    4401 Morris Street NE, Albuquerque, NM 87111
    $591 - $914
    • Studio-2 Beds
    • 1-2 Baths
    (844) 439-2851

Apartments Under $700

  • Apartment
    12400 Montgomery Blvd NE, Albuquerque, NM 87111-4189
    $600 - $765
    • 1-2 Beds
    • 1 Bath
    (855) 736-8223
  • Apartment
    3400 Wyoming Blvd, Albuquerque, NM 87111
    • 1-3 Beds
    • 1-2 Baths
    (505) 225-1173
  • Apartment
    3501 Atrisco Drive NW, Albuquerque, NM 87120
    • 1-2 Beds
    • 1-2 Baths
    (505) 832-3039
  • Apartment
    6020 Kathryn SE, Albuquerque, NM 87108
    $605
    • 1 Bed
    • 1 Bath
    Landmark Realty
    (505) 433-5924
  • Apartment
    6021 Anderson SE, Albuquerque, NM 87108
    $605 - $635
    • 1 Bed
    • 1 Bath
    Landmark Realty
    (505) 433-5924
  • Apartment
    5901 Alice NE, Albuquerque, NM 87110
    $635
    • 1 Bed
    • 1 Bath
    Landmark Realty
    (505) 433-5924
  • Apartment
    901 Tramway Blvd. NE, Albuquerque, NM 87123
    $638 - $693
    • 1-3 Beds
  • Apartment
    5222 Wyoming Boulevard NE, Albuquerque, NM 87111
    • 1-2 Beds
    • 1 Bath
    (505) 501-7174
  • Apartment
    3405 Calle Cuervo NW, Albuquerque, NM 87114
    $649 - $979
    • 1-2 Beds
    • 1-2 Baths
    (844) 333-9747

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 258 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 $785 per month so any rental south of $628 would be considered cheap here. Size matters though, so if you are in a market for a studio, expect to pay around $383 per month. If you’re looking to upgrade to a 1-bedroom apartment you’ll pay around $491, while a cheap 2-bedroom apartment will cost you about $608 per month. On RENTCafé, Albuquerque, NM rents go as low as $405/mo.

Albuquerque, NM zip codes with higher average rent (above $785)

Albuquerque, NM zip codes with lower average rent (below $785)