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from $599Studio to 5 Bedroom Apartments Available Now
Sunport Luxury Townhomes
3003 Transport St SEAlbuquerque, NM 87106
Cheap Apartments for Rent in the Downtown Albuquerque Neighborhood of Albuquerque, NM from $500 (7 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Albuquerque area of Albuquerque.
903 Slate Ave NW
AlbuquerqueNM87102
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from $740Studio Apartments Available Now
Millennium Flats - Washer-Dryer Included
1020 Central Ave SWAlbuquerque, NM 87102
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Rent Specials
from $851Studio to 2 Bedroom Apartments Available Now
Union 505
801 Locust Pl NEAlbuquerque, NM 87102
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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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Downtown Albuquerque, Albuquerque, NM Local Guide
How much does it cost to rent an apartment in Downtown Albuquerque?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Albuquerque Studio Apartments | $985 | $599 | $1,353 |
| Downtown Albuquerque 1 Bedroom Apartments | $1,252 | $950 | $2,399 |
| Downtown Albuquerque 2 Bedroom Apartments | $1,628 | $1,099 | $2,692 |
| Downtown Albuquerque 3 Bedroom Apartments | $1,717 | $1,532 | $2,250 |
| Downtown Albuquerque 4 Bedroom Apartments | $1,999 | $1,999 | $1,999 |
Browse Apartments in this Neighborhood
There are currently 7 rentals with your search options within a 2 mile radius of the Downtown Albuquerque Neighborhood of Albuquerque, NM.
See all Apartments in AlbuquerqueExplore Albuquerque
Downtown Albuquerque, Albuquerque, NM Local Guide
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Cheapest Available Downtown Albuquerque Apartments for Rent
The cheapest available apartment rental in the Downtown Albuquerque area of Albuquerque, NM is a Studio unit found at Millennium Flats - Washer-Dryer Included priced from $740. Union 505 has the second lowest priced unit, which is a Studio apartment currently listed from $851. Here are the most affordable Downtown Albuquerque apartments for rent in Albuquerque, NM:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Millennium Flats - Washer-Dryer Included | Studio | Studio,1BA | $740 |
| Union 505 | Studio | Studio,1BA | $851 |
| Peaks at Sandia View | 1x1-640 | 1BR,1BA | $950 |
Best Value Apartments for Rent in Downtown Albuquerque, NM
As of April 30, 2025 the best value apartment in the Downtown Albuquerque area is the $1.40 price per square foot 5 Bedroom Duplex Model at Sunport Luxury Townhomes in the in the Southeast Quadrant neighborhood starting from $2,499. The second greatest value Downtown Albuquerque apartment is the Type C Model at Griegos Farms starting at $2,450 with a $2.29 price per square foot in the Northwest Quadrant neighborhood. Here is today’s list of the best values for Downtown Albuquerque apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Sunport Luxury Townhomes | 5 Bedroom Duplex | 5BR,5BA | $1.40 |
| Griegos Farms | Type C | 2BR,2BA | $2.29 |
| Poblana Place | P 2/2 | 2BR,2BA | $1.83 |
| 873-895 Silver Ave SW | Amazing | 1BR,1BA | $1.50 |
| El Parador | Type B | 1BR,1BA | $1.99 |
| Nine-O-Nine Apartments | One Bedroom | 1BR,1BA | $1.47 |
| Monterey Place | One Bedroom | 1BR,1BA | $2.14 |
| Peaks at Sandia View | 1x1-638 | 1BR,1BA | $1.49 |
| Valley Apartments | Azure Platinum | 1BR,1BA | $1.71 |
| Millennium Flats - Washer-Dryer Included | Studio | Studio ,1BA | $2.40 |
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Pet Friendly LifestyleDowntown Albuquerque, Albuquerque, NM
Ranked #193
Among neighborhoods in Albuquerque, NM for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Frequently Asked Questions about Cheap Downtown Albuquerque Apartments
What is the Cheapest Studio apartment in Downtown Albuquerque?
Currently the most affordable Cheap Studio Apartment in Downtown Albuquerque is at Millennium Flats - Washer-Dryer Included listed at $740.
How much is rent for a Cheap One Bedroom Downtown Albuquerque Apartment?
The lowest price for a Cheap One Bedroom Downtown Albuquerque Apartment is $950 at Peaks at Sandia View.
What is the lowest price for a Cheap Two Bedroom Downtown Albuquerque Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Downtown Albuquerque is starting from $1,218 at Valley Apartments.
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.
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.
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.
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.