
Cheap Apartments for Rent in Albuquerque, NM from $400 with Swimming Pool (102 Rentals)
Search the lowest-cost Apartments available for rent right now in Albuquerque.


Villa de San Felipe

Marbella-Income Restricted Waitlist

Cinnamon Tree

Tesota Four Hills

Encanto Lofts Apartments

The Villas @ Uptown

Desert Creek Apartments

Manzano Vista

Bluewater Village
It's time to soak up some sun!
One of the easiest and more obvious ways of enjoying the summer sun is to lounge out by your community pool. Learn a Few Rules to Keep in Mind while at the pool.

Las Brisas

Somerset Park

Cedars - Free Cable & Internet*

University Village

Nova Point

Comanche Wells

Lifestyles at Renaissance

The Beach

Pinewood Estates

Brandywood Park - FREE Utilities

San Pedro Village

Rock Creek

Executive West - Senior Community

The Retreat at Candelaria

Citadel - Free Utilities

Candlelight Square

Villas de la Terraza

Montecito

Casa Placida

Volcanes Commons

Canyon Crest

Via Apartments

Villa Apartments

Tesota Morningside

Arrowhead Pointe

Arroyo Vista

Sunrise Apartments

Peaks at Sandia View

Three Fountains

Mission Hill Apartments

Cloverleaf Apartments

Monterey Manor Apartments

Copper Hills

Sedona Ridge

Northpointe Village

Mont 44 Apartments

Sunset Pointe

Arlo 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 | $1,014 | $599 | $3,430 |
Albuquerque 1 Bedroom Apartments | $1,368 | $600 | $4,741 |
Albuquerque 2 Bedroom Apartments | $1,694 | $697 | $5,218 |
Albuquerque 3 Bedroom Apartments | $2,179 | $799 | $7,419 |
Albuquerque 4 Bedroom Apartments | $2,451 | $1,114 | $5,068 |
Explore Albuquerque

Albuquerque, NM Local Guide
- Albuquerque Neighborhoods
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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 $750.
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 $2,307.
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 3,734 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 $388 which is $1,919 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.

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.

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting
Written by: Andrea Lee Negroni, JD
While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

Understanding Amenity Fees: Know Where You Might Be Able to Save Money
Written by: Amber Kanuckel
With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

How Your Move-In Inspection Can Protect Your Security Deposit
Written by: Christine Leonard, Esq.
If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.