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Cheap Apartments for Rent in Albuquerque, NM from $400 (343 Rentals)Page 5 of 7
Search the lowest-cost Apartments available for rent right now in Albuquerque.
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Studio to 1 Bedroom Apartments
Princeton Hall Apartments
318-320 Princeton Dr SEAlbuquerque, NM 87106
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1 to 2 Bedroom Apartments
Patios - FREE Utilities+Standard Cable
1116-1208 Ortiz Dr SEAlbuquerque, NM 87108
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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 | $1,027 | $599 | $3,159 |
| Cheap Albuquerque 1 Bedroom Apartments | $1,377 | $680 | $4,924 |
| Cheap Albuquerque 2 Bedroom Apartments | $1,692 | $697 | $5,570 |
| Cheap Albuquerque 3 Bedroom Apartments | $2,120 | $799 | $7,509 |
| Cheap Albuquerque 4 Bedroom Apartments | $2,836 | $1,300 | $6,804 |
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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.
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 $746.
What is the price of a cheap apartment in Albuquerque?
The cheapest apartment in Albuquerque is 1028 Alvarado Dr which is listed at $695, while the average apartment in Albuquerque costs $2,326.
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 3,358 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 $430 which is $1,896 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.