
Cheap Apartments for Rent in Albuquerque, NM from $400 with Utilities Included (86 Rentals)
Apartments in Albuquerque where your utility payments are included in your rent.
Search the lowest-cost Apartments available for rent right now in Albuquerque.


Loop @950

Encino Terrace Senior

Marbella-Income Restricted Waitlist

El Pueblo II Apartments

Manzano Vista

Silver Gardens Apartments

9317 Central Ave

Cedars - Free Cable & Internet*
Who Pays for Utilities? Landlord or Tenant?
Your Guide to Understanding Who is Responsible for Which Utilities for When Renting. Click Below to Read More

University Village

Adobe Manor Apartments

The Beach

San Pedro Village

Executive West - Senior Community

Citadel - Free Utilities

El Campo Apartments

Somerset Park

444 Florida Playa del Sol

Imperial

Canyon Crest

Via Apartments

Arroyo Vista

The Ridge

Sunrise Apartments

Ceja Vista Senior 55+

Mont 44 Apartments

North Park Apartments

CRESTWOOD APARTMENTS

Sun Pointe Park Apartments

Pine Park Apartments

Stride West

Canon de Arrowhead

Siegel Select ABQ I

Taylor Ridge Apartments

Princeton Hall Apartments

Patios - FREE Utilities+Standard Cable
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 | $1,017 | $599 | $3,430 |
Albuquerque 1 Bedroom Apartments | $1,369 | $600 | $4,741 |
Albuquerque 2 Bedroom Apartments | $1,687 | $697 | $5,218 |
Albuquerque 3 Bedroom Apartments | $2,185 | $799 | $7,419 |
Albuquerque 4 Bedroom Apartments | $2,451 | $1,114 | $5,068 |
Explore Albuquerque

Albuquerque, NM Local Guide
- Albuquerque Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
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 $2,315.
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 3,206 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 $387 which is $1,928 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.