448 Shorewood Dr NW
AlbuquerqueNM87121
Cheap Homes for Rent in Albuquerque, NM from $500 (28 Rentals)
Search the lowest-cost Homes available for rent right now in Albuquerque.
2905 Georgia St NE
AlbuquerqueNM87110
304 Texas St NE
AlbuquerqueNM87108
605 Los Ranchos Rd NW
Los Ranchos de AlbuquerqueNM87107
302 San Pablo St NE
AlbuquerqueNM87108
336 Grove St SE
AlbuquerqueNM87108
9020 Sandy Spring Ave SW
AlbuquerqueNM87121
304 Dunes Pl SE
AlbuquerqueNM87123
620 Morris St NE
AlbuquerqueNM87123
202 San Pablo St SE
AlbuquerqueNM87108
2408 Chelwood Park Blvd NE, Unit D
2408 Chelwood Park Blvd NE
AlbuquerqueNM87112
201 Vermont St NE, Unit B
201 Vermont St NE
AlbuquerqueNM87108
2801 Vail Ave SE, Unit 141
2801 Vail Ave SE
AlbuquerqueNM87106
12822 Dorado Dr SE
AlbuquerqueNM87123
611 Woodland Ave NW
AlbuquerqueNM87107
436 Chama St SE
AlbuquerqueNM87108
560 Estancia Dr NW
AlbuquerqueNM87105
1211 Coal Ave SE
AlbuquerqueNM87106
1223 Coal Ave SE
AlbuquerqueNM87106
233 Dallas St NE
AlbuquerqueNM87108
401 Utah St SE
AlbuquerqueNM87108
205 Ash St SE
AlbuquerqueNM87106
12120 Menaul Blvd NE
AlbuquerqueNM87112
4601 Carlisle Blvd NE, Unit b11
4601 Carlisle Blvd NE
AlbuquerqueNM87109
309 Tennessee St SE
AlbuquerqueNM87108
118 Princeton Dr SE
AlbuquerqueNM87106
2369 High Desert Cir NE
Rio RanchoNM87144
1715 Griegos Rd NW
AlbuquerqueNM87107
Showing Results 1-28, Page 1 of 1
Albuquerque, NM Local Guide
How much does it cost to rent a home in Albuquerque?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Albuquerque 2 Bedroom Homes for Rent | $2,029 | $850 | $5,500 |
| Albuquerque 3 Bedroom Homes for Rent | $2,308 | $1,525 | $5,500 |
| Albuquerque 4 Bedroom Homes for Rent | $3,867 | $1,600 | $10,000+ |
| Albuquerque 5 Bedroom Homes for Rent | $4,049 | $2,200 | $10,000+ |
| Albuquerque 6 Bedroom Homes for Rent | $9,425 | $2,350 | $10,000+ |
Browse Top Homes for Rent in Albuquerque
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Albuquerque, NM Local Guide
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Cheapest Neighborhoods for Apartments in Albuquerque, NM
Pricing Updated: 04/04/2025Current apartment rentals in the Albuquerque, NM area range in price from $599 to $8,500 with an overall median price of $2,341. The three Albuquerque neighborhoods with the lowest median rent pricing are Southwest Mesa at $941, Southeast Heights at $670, and Eastside at $730. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Albuquerque Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Southwest Mesa | $1,127 | $941 | 2 |
| Southeast Heights | $1,200 | $670 | 22 |
| Eastside | $1,253 | $730 | 11 |
| University Heights | $1,253 | $638 | 33 |
| Siesta Hills | $1,395 | $645 | 109 |
| Fair West | $1,400 | $645 | 194 |
| Mountain View | $1,400 | $1,200 | 3 |
| Trumbull Village | $1,418 | $645 | 66 |
| Los Duranes | $1,452 | $697 | 68 |
| Elder Homestead | $1,460 | $645 | 139 |
Cheapest Available Albuquerque Apartments for Rent
The cheapest available apartment rental in Albuquerque, NM is a Studio unit found at Sunport Luxury Townhomes in the Southeast Quadrant neighborhood priced from $499. Chelsea Village Apartments in the Northeast Quadrant neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $638. Here is today’s list of the most affordable Albuquerque apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Sunport Luxury Townhomes | Studio | Studio,1BA | $499 |
| Chelsea Village Apartments | KaloUnity | Studio,1BA | $638 |
| Cinnamon Tree | Studio | Studio,1BA | $664 |
| 1028 Alvarado Dr | 1 Beds, 1 Baths | 1BR,1BA | $695 |
| Encanto Lofts Apartments | Yucca - Studio | Studio,1BA | $699 |
| The Villas @ Uptown | Studio Upgrade | Studio,1BA | $700 |
| El Pueblo II Apartments | 1x1 | 1BR,1BA | $716 |
| Loop @950 | 0x1 - 410 | Studio,1BA | $725 |
| 210 High St NE | 0 Beds, 1 Baths | Studio,1BA | $735 |
| Silver Gardens Apartments | 1 Bedroom (50%) | 1BR,1BA | $740 |
Best Value Apartments for Rent in Albuquerque, NM
As of April 04, 2025 the best value apartment in the Albuquerque area is the $1.07 price per square foot 6016 Park S Pl NW Model at 6016 Park S Pl NW in the in the Paradise Hills neighborhood starting from $2,565. The second greatest value Albuquerque apartment is the 6140 Park Hill Ave NW Model at 6140 Park Hill Ave NW starting at $2,385 with a $1.04 price per square foot in the Paradise Hills neighborhood. Here is today’s list of the best values for Albuquerque apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 6016 Park S Pl NW | 6016 Park S Pl NW | 4BR,2.5BA | $1.07 |
| 6140 Park Hill Ave NW | 6140 Park Hill Ave NW | 4BR,2.5BA | $1.04 |
| 1833 Chicoma Rd NE | 1833 Chicoma Rd NE | 4BR,2.5BA | $1.05 |
| 3841 Sunbird Dr NW | 3841 Sunbird Dr NW | 3BR,3BA | $1.11 |
| Canon de Arrowhead | 3 bedroom 3 bath | 3BR,2BA | $1.11 |
| Taylor Ridge Apartments | 2 Beds, 1 bath | 2BR,1BA | $1.09 |
| Four Seasons | 2br apartment corner unit | 2BR,1BA | $1.10 |
| 8309 Trumbull Ave SE, Unit B | 8309 Trumbull Ave SE | 2BR,1BA | $1.09 |
| El Pueblo II Apartments | 1x1 | 1BR,1BA | $1.03 |
| 1028 Alvarado Dr | 1 Beds, 1 Baths | 1BR,1BA | $1.07 |
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Albuquerque, NM Area Reviews
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Frequently Asked Questions about Albuquerque
What type of rentals are currently available in Albuquerque?
There are currently 1662 Apartments for Rent in Albuquerque, NM with pricing that ranges from $599 to $8,500. There are also 215 Single Family Homes for rent, Condos, and Townhome rentals currently available in Albuquerque ranging from $550 to $16,500.
What is the current price range for Rental Homes in Albuquerque?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Albuquerque ranges from $550 to $16,500 with an average monthly rent of $3,423.
How much are larger Three and Four Bedroom Rentals in Albuquerque?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Albuquerque range from $799 to $7,419, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,525 to $5,500. Four Bedroom Single-Family rentals are also available starting from $1,600 and Four Bedroom Apartments start at $1,114.
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.