
Cheap Gated Apartments for Rent in Albuquerque, NM from $400 (71 Rentals)
Cheap Apartments in Albuquerque.


Encanto Lofts Apartments

Nova Point

Tesota Four Hills

Cinnamon Tree

El Pueblo II Apartments

Brandywood Park - FREE Utilities

Manzano Vista

The June

Millennium Flats - Washer-Dryer Included
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

Silver Gardens Apartments

8620 Northeastern Blvd NE

Somerset Park

University Village

Nova View

Portals

Comanche Wells

Pinewood Estates

Candlelight Square

Villa de San Felipe
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

Union 505

Rock Creek

San Pedro Village

Executive West - Senior Community

Don Quixote Apartments

Zocalo Lofts

Casa Placida

Volcanes Commons

Villa Apartments

Arrowhead Pointe

911 Alvarado Dr SE

Ceja Vista Senior 55+

Three Fountains

Canon de Arrowhead

Cloverleaf Apartments

Sedona Ridge

Mission Hill Apartments

Villa Esperanza

Woodberry Heights

North Park Apartments

The Valencia Apartments

CRESTWOOD APARTMENTS

Gracey's Nation - Palomas Community

Sunchase

Mesa Ridge Apartments

Sunset Pointe

Alvarado Apartments

Odyssey Apartments

Nine-O-Nine Apartments
Albuquerque, NM Local Guide

How much does it cost to rent an apartment in Albuquerque?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Albuquerque Studio Apartments | $1,033 | $605 | $3,434 |
Albuquerque 1 Bedroom Apartments | $1,371 | $700 | $4,882 |
Albuquerque 2 Bedroom Apartments | $1,692 | $697 | $5,852 |
Albuquerque 3 Bedroom Apartments | $2,182 | $799 | $7,349 |
Albuquerque 4 Bedroom Apartments | $2,557 | $1,114 | $6,898 |
Explore Albuquerque

Albuquerque, NM Local Guide
- Albuquerque Neighborhoods
- Nearby Cities
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Quick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Getting Around Albuquerque, NM
Walk Score®
56 / 100
Somewhat Walkable
Some errands can be accomplished on foot
Bike Score®
65 / 100
Bikeable
Some bike infrastructure
Transit Score®
28 / 100
Some Transit
A few nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Albuquerque, NM Area Reviews
Frequently Asked Questions about Cheap Albuquerque Apartments
What is a cheap apartment in Albuquerque?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Albuquerque is under $740.
What is the price of a cheap apartment in Albuquerque?
The cheapest apartment in Albuquerque is 1028 Alvarado Dr which is listed at $675, while the average apartment in Albuquerque costs $2,355.
What types of apartments are the cheapest in Albuquerque?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 4,091 regular apartments in Albuquerque that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Albuquerque?
Cheap apartments in Albuquerque have an average cost of $379 which is $1,976 cheaper than the average rent for all rentals in Albuquerque.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Written by: Christine Leonard, Esq.
Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

Renting Smart: Lease Basics Every Renter Needs
Written by: Christine Leonard, Esq.
Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.