
Cheap Apartments for Rent in Albuquerque, NM from $400 (319 Rentals)Page 2 of 7
Search the lowest-cost Apartments available for rent right now in Albuquerque.


Rock Creek

Executive West - Senior Community

Comanche Wells

Citadel - Free Utilities

Monterey Manor Apartments

8309 Trumbull Ave SE, Unit B

8309 Trumbull Ave SE

421 Indiana St SE

Somerset Park

Copper Hills

Pine Lane Apartments

Candlelight Square

444 Florida Playa del Sol

Montecito

Zocalo Lofts

Imperial

Casa Placida

Nova View

608 Alcazar St SE

106 Columbia Dr SE

336 Pennsylvania St NE

1335 Ortiz Dr SE

Volcanes Commons

Canyon Crest

Via Apartments

Welcome Home To Rio Volcan!

The Retreat at Candelaria

Villa Apartments

Tesota Morningside

Arrowhead Pointe

Arroyo Vista

528-600 Candelaria Rd NW

The Ridge

Sunrise Apartments

Peaks at Sandia View

911 Alvarado Dr SE

202 Quincy St NE

Tierra Pointe

Ceja Vista Senior 55+

Three Fountains

Cloverleaf Apartments

El Campo Apartments

3924 3rd St NW

5315 10th Ct NW

205 Stanford Dr SE, Unit 2B

308 General Marshall St NE

Sedona Ridge

Whispering Sands

Mission Hill Apartments
Albuquerque, NM Local Guide

How much does it cost to rent an apartment in Albuquerque?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Cheap Albuquerque Studio Apartments | $1,031 | $599 | $3,284 |
Cheap Albuquerque 1 Bedroom Apartments | $1,370 | $665 | $4,769 |
Cheap Albuquerque 2 Bedroom Apartments | $1,696 | $697 | $5,460 |
Cheap Albuquerque 3 Bedroom Apartments | $2,149 | $799 | $7,419 |
Cheap Albuquerque 4 Bedroom Apartments | $2,440 | $1,114 | $4,928 |
Browse Top Apartments in Albuquerque
See all Apartments in AlbuquerqueExplore Albuquerque
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 $748.
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 $2,285.
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 2,981 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 $384 which is $1,901 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.

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.

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.

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.