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from $499Studio 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 $400 (5 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Albuquerque area of Albuquerque.
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from $740Studio Apartments Available Now
Millennium Flats - Washer-Dryer Included
1020 Central Ave SWAlbuquerque, NM 87102
1210 Central Ave SW
AlbuquerqueNM87102
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406 15th St NW
AlbuquerqueNM87104
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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 | $1,041 | $599 | $1,445 |
| Downtown Albuquerque 1 Bedroom Apartments | $1,232 | $750 | $2,399 |
| Downtown Albuquerque 2 Bedroom Apartments | $1,660 | $1,200 | $2,673 |
| Downtown Albuquerque 3 Bedroom Apartments | $1,875 | $1,532 | $2,395 |
| Downtown Albuquerque 4 Bedroom Apartments | $1,999 | $1,999 | $1,999 |
Browse Apartments in this Neighborhood
There are currently 5 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 Sunport Luxury Townhomes priced from $499. Millennium Flats - Washer-Dryer Included has the second lowest priced unit, which is a Studio apartment currently listed from $740. Here are the most affordable Downtown Albuquerque apartments for rent in Albuquerque, NM:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Sunport Luxury Townhomes | Studio | Studio,1BA | $499 |
| Millennium Flats - Washer-Dryer Included | Studio | Studio,1BA | $740 |
| Union 505 | Studio | Studio,1BA | $831 |
Best Value Apartments for Rent in Downtown Albuquerque, NM
As of April 09, 2025 the best value apartment in the Downtown Albuquerque area is the $2.29 price per square foot Type C Model at Griegos Farms in the in the Northwest Quadrant neighborhood starting from $2,450. The second greatest value Downtown Albuquerque apartment is the Amazing Model at 873-895 Silver Ave SW starting at $1,450 with a $1.50 price per square foot in the Hunning Highland 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. |
|---|---|---|---|
| Griegos Farms | Type C | 2BR,2BA | $2.29 |
| 873-895 Silver Ave SW | Amazing | 1BR,1BA | $1.50 |
| Poblana Place | E 2/2 | 2BR,2BA | $1.84 |
| 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 | $1.69 |
| Millennium Flats - Washer-Dryer Included | Studio | Studio ,1BA | $2.40 |
| Sunport Luxury Townhomes | Studio | Studio ,1BA | $2.50 |
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Pet Friendly LifestyleDowntown Albuquerque, Albuquerque, NM
Ranked #191
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 Sunport Luxury Townhomes listed at $499.
How much is rent for a Cheap One Bedroom Downtown Albuquerque Apartment?
The lowest price for a Cheap One Bedroom Downtown Albuquerque Apartment is $925 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 $1,200 at Peaks at Sandia View.
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.