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Villa de San Felipe
501 Coal Ave SWAlbuquerque, NM 87102
Cheap Apartments for Rent in the Downtown Neighborhood of Albuquerque, NM from $500 (28 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown area of Albuquerque.
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from $740Studio to 1 Bedroom Apartments Available Now
Silver Gardens Apartments
100 Silver Ave SWAlbuquerque, NM 87102
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from $740Studio Apartments Available Now
Millennium Flats - Washer-Dryer Included
1020 Central Ave SWAlbuquerque, NM 87102
421 Broadway Blvd SE
AlbuquerqueNM87102
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from $773Studio to 2 Bedroom Apartments Available Now
Union 505
801 Locust Pl NEAlbuquerque, NM 87102
1210 Central Ave SW
AlbuquerqueNM87102
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from $805Studio to 2 Bedroom Apartments Contact Us For Availability
Imperial
205 Silver Ave SWAlbuquerque, NM 87102
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from $8951 to 2 Bedroom Apartments Available Now
Peaks at Sandia View
1501 Indian School Rd NEAlbuquerque, NM 87102
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from $900Studio to 3 Bedroom Apartments Available Now
Zocalo Lofts
400 Coal Ave SWAlbuquerque, NM 87102
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from $945Studio to 2 Bedroom Apartments Available Now
Nine-O-Nine Apartments
909 Tijeras Ave NWAlbuquerque, NM 87102
1116 Silver Ave SW
AlbuquerqueNM87102
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Showing Results 1-28, Page 1 of 1
Downtown, Albuquerque, NM Local Guide
How much does it cost to rent an apartment in Downtown?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Studio Apartments | $987 | $638 | $2,000 |
| Downtown 1 Bedroom Apartments | $1,179 | $680 | $2,599 |
| Downtown 2 Bedroom Apartments | $1,511 | $986 | $2,450 |
| Downtown 3 Bedroom Apartments | $1,897 | $1,545 | $2,495 |
| Downtown 4 Bedroom Apartments | $2,300 | $1,800 | $3,200 |
Browse Apartments in this Neighborhood
There are currently 28 rentals with your search options within a 2 mile radius of the Downtown Neighborhood of Albuquerque, NM.
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Cheapest Available Downtown Apartments for Rent
The cheapest available apartment rental in the Downtown area of Albuquerque, NM is a Studio unit found at 210 High St NE priced from $735. Silver Gardens Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $740. Here are the most affordable Downtown apartments for rent in Albuquerque, NM:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 210 High St NE | 0 Beds, 1 Baths | Studio,1BA | $735 |
| Silver Gardens Apartments | 1 Bedroom (50%) | 1BR,1BA | $740 |
| Millennium Flats - Washer-Dryer Included | Studio | Studio,1BA | $740 |
| Union 505 | Studio | Studio,1BA | $775 |
| Peaks at Sandia View | 1x1-640 | 1BR,1BA | $895 |
| Zocalo Lofts | Studio | Studio,1BA | $900 |
| Nine-O-Nine Apartments | Studio | Studio,1BA | $945 |
| Diamond Elite | One bed | 1BR,1BA | $1,100 |
| The Artisan @ Sawmill Village | Retail Space | Studio,1BA | $1,120 |
| Alvarado Apartments | A | Studio,1BA | $1,125 |
Best Value Apartments for Rent in Downtown, NM
As of March 03, 2025 the best value apartment in the Downtown 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 apartment is the One Bedoom Model at Poblana Place starting at $1,395 with a $1.80 price per square foot in the Northwest Quadrant neighborhood. Here is today’s list of the best values for Downtown 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 |
| Poblana Place | One Bedoom | 1BR,1BA | $1.80 |
| El Parador | Type A | 1BR,1BA | $2.06 |
| Monterey Place | One Bedroom | 1BR,1BA | $2.14 |
| The Artisan @ Sawmill Village | 1x1 Market 647 sq.ft. | 1BR,1BA | $2.09 |
| Peaks at Sandia View | 1x1R-638 | 1BR,1BA | $1.61 |
| 210 High St NE | 0 Beds, 1 Baths | Studio ,1BA | $1.47 |
| Nine-O-Nine Apartments | Studio | Studio ,1BA | $1.95 |
| Zocalo Lofts | Studio | Studio ,1BA | $1.95 |
| Silver Gardens Apartments | Studio (60%) | Studio ,1BA | $1.90 |
Frequently Asked Questions about Cheap Downtown Apartments
What is the Cheapest Studio apartment in Downtown?
Currently the most affordable Cheap Studio Apartment in Downtown is at 210 High St NE listed at $735.
How much is rent for a Cheap One Bedroom Downtown Apartment?
The lowest price for a Cheap One Bedroom Downtown Apartment is $740 at Silver Gardens Apartments.
What is the lowest price for a Cheap Two Bedroom Downtown Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Downtown is starting from $1,125 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.
What to Know About Fees and Fines When Renting
Written by: Trey Huguley
When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.
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.