Apartments for Rent in Albuquerque, NM Under $1,500 (397 Rentals)

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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.

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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.

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Showing Results 1-50, Page 1 of 8

Albuquerque, NM Local Guide

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.

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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.

Albuquerque, NM Area Reviews

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  • Local Vibes
  • Restaurants
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  • Traffic
  • Public Transportation
  • Outdoor Access
  • Cost of Living
  • Safety

Frequently Asked Questions about Albuquerque

How much are Studio apartments in Albuquerque?

There are currently 180 Studio Apartments in Albuquerque with rent ranges from $605 to $3,434 with an average price of $1,028.

What is the current price range for One Bedroom Albuquerque Apartments for rent?

Today's rental pricing for One Bedroom Apartments in Albuquerque ranges from $700 to $4,286 with an average monthly rent of $1,369.

What does renting a Two Bedroom Apartment in Albuquerque cost?

The monthly rent prices of Two Bedroom Apartments currently available in Albuquerque range from $697 to $5,852. Today's average rental price for Two Bedrooms here is $1,692.

How expensive are Albuquerque Three Bedroom Apartments?

There are currently 176 Three Bedroom Apartments listings available in Albuquerque on ApartmentHomeLiving.com. The pricing ranges from $799 to $7,349 - averaging $2,189 for the location.

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.

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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.

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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.

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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.

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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.