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Cheap Apartments for Rent in Albuquerque, NM
123 Rentals Available

Apartments Under $500

  • Today

    8501 San Joaquin Ave SE, Albuquerque, NM 87108
    Contact for availability
    • Studio
    • $410
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Apartments Under $600

  • Today

    950 Louisiana Blvd SE, Albuquerque, NM 87108
    31 Units available
    • Studio
    • 1 BED
    • 2+ BEDS
    • $515
    • $599
    • $699
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  • Today

    601 Coal Ave. SW, Albuquerque, NM 87102
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    • Studio
    • 1 BED
    • 2 BEDS
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Apartments Under $700

  • 1 day ago

    760 On The Blvd, Albuquerque, NM 87123
    1 Unit available
    • Studio
    • 1 BED
    • 2 BEDS
    • $600
    • Ask for pricing
    • Ask for pricing
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  • Top Rated for Value
    Today

    7220 Central Ave SE, Albuquerque, NM 87108
    18 Units available
    • Studio
    • 1 BED
    • 2 BEDS
    • $659+
    • $738+
    • $931+
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  • Top Rated for Location
    Today

    121 Cardenas NE, Albuquerque, NM 87108
    Contact for availability
    • 1 BED
    • $660
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Apartments Under $800

  • Top Rated for Location
    Today

    1700 Market St NW, Albuquerque, NM 87120
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    • 1 BED
    • 2 BEDS
    • 3 BEDS
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  • Today

    1919 Ladera Drive NW, Albuquerque, NM 87120
    Contact for availability
    • 1 BED
    • 2 BEDS
    • 3 BEDS
    • $768
    • Ask for pricing
    • Ask for pricing
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  • Interactive banner bedroom
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    • Studio
    • 1
    • 2
    • 3
    • 4+
  • Today

    8010 Zuni Rd SE, Albuquerque, NM 87108
    Contact for availability
    • 1 BED
    • 2 BEDS
    • $750
    • $825
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  • Top Rated for Location
    1 day ago

    3135 Comanche Rd NE, Albuquerque, NM 87107
    Contact for availability
    • Studio
    • 1 BED
    • 2 BEDS
    • $750
    • Ask for pricing
    • $1,035
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  • Top Rated for Location
    Today

    3400 Comanche Road NE, Albuquerque, NM 87107
    4 Units available
    • Studio
    • 1 BED
    • 2 BEDS
    • $750+
    • $843+
    • Ask for pricing
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  • Today

    820 Louisiana Blvd SE, Albuquerque, NM 87108
    1 Unit available
    • 2 BEDS
    • 3 BEDS
    • 4 BEDS
    • Ask for pricing
    • $763
    • Ask for pricing
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  • Top Rated for Location
    Today

    3011 Jane Pl NE, Albuquerque, NM 87111
    Contact for availability
    • 1 BED
    • 2 BEDS
    • $765+
    • $890
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  • Resident Rated
    1 day ago

    5600 Gibson Blvd. SE, Albuquerque, NM 87108
    Contact for availability
    • 1 BED
    • 2 BEDS
    • $785+
    • $900
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Apartments Under $900

  • Top Rated for Maintenance
    Today

    8200 Bridge Blvd SW, Albuquerque, NM 87121
    Contact for availability
    • 1 BED
    • 2 BEDS
    • 3+ BEDS
    • Ask for pricing
    • $1,125+
    • $1,406+
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  • Top Rated for Location
    Today

    3400 Wyoming Blvd, Albuquerque, NM 87111
    Contact for availability
    • 1 BED
    • 2 BEDS
    • 3 BEDS
    • $870+
    • Ask for pricing
    • Ask for pricing
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  • Today

    6801 Los Volcanes Road, Albuquerque, NM 87121
    19 Units available
    • Studio
    • 1 BED
    • 2+ BEDS
    • $879+
    • $998+
    • $1,134+
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  • Resident Rated
    Today

    8401 Spain Road NE, Albuquerque, NM 87111
    Contact for availability
    • 1 BED
    • 2 BEDS
    • $885+
    • $1,225+
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  • Resident Rated
    Today

    5800 Harper Drive NE, Albuquerque, NM 87109
    13 Units available
    • Studio
    • 1 BED
    • 2 BEDS
    • $895
    • $995
    • $1,310
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Apartments Under $1,000

  • Resident Rated
    Today

    3131 Adams Street NE, Albuquerque, NM 87110
    11 Units available
    • 1 BED
    • 2 BEDS
    • $920+
    • $1,110+
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  • Top Rated for Location
    Today

    4401 San Pedro Dr. NE, Albuquerque, NM 87109
    Contact for availability
    • Studio
    • 1 BED
    • 2 BEDS
    • $944+
    • $957+
    • $1,364+
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  • Today

    8000 Montgomery NE, Albuquerque, NM 87109
    8 Units available
    • 1 BED
    • 2 BEDS
    • 3 BEDS
    Ask for pricing
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  • Resident Rated
    Today

    10000 Menaul Boulevard NE, Albuquerque, NM 87112
    Contact for availability
    • 1 BED
    • 2 BEDS
    • $840
    • $990
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  • Top Rated for Location
    Today

    3501 Atrisco Drive NW, Albuquerque, NM 87120
    1 Unit available
    • 1 BED
    • 2 BEDS
    • Ask for pricing
    • $1,179
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  • Top Rated for Location
    Today

    12021 Skyline Road NE, Albuquerque, NM 87123
    Contact for availability
    • 1 BED
    • 2 BEDS
    • 3 BEDS
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  • Top Rated for Location
    Today

    7100 Louisiana Blvd NE, Albuquerque, NM 87109
    1 Unit available
    • 1 BED
    • 2 BEDS
    • Ask for pricing
    • $1,475
    View Property

Albuquerque, NM in the News

Look for cheap apartments near me

Finding the right apartment as far as size and location go is one aspect of apartment searching, but making sure that it provides all that you need within a reasonable price is another. On RentCafe, you can search for cheap apartments near you and ensure that you find one that suites your needs. Worried the neighborhood or city you are looking to move to is known to have higher rents? You can browse our listings and find the cheap apartments in any location, whether you are looking at a specific neighborhood, ZIP code, or city.

The perfect apartment for you is out there, either near you or anywhere in the U.S. that you are looking to move to. So, let's find the one that satisfies your wants and needs, but that also comes at an affordable price.

Frequently Asked Questions

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

The price range of a cheap apartment is between $599 and $3,965. Find cheap apartments in Albuquerque, NM.

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

There are 111 cheap rentals available on RentCafe. Prices and availability in Albuquerque, NM were last updated on 19 May 2022.

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

The average Albuquerque, NM cheap apartment size is 773 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. You might be interested in studio apartments, 1 bedroom apartments, 2 bedroom apartments or 3 bedroom apartments, or browse all RentCafe apartments for rent in Albuquerque, NM.

Renting a cheap apartment in Albuquerque, NM

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 RentCafe, finding an affordable apartment in Albuquerque, NM has never been easier. We feature 126 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 $1,170 per month so any rental south of $936 would be considered cheap here. On RentCafe, Albuquerque, NM rents go as low as $410/mo.

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