448 Shorewood Dr NW
AlbuquerqueNM87121
Cheap Homes for Rent in Albuquerque, NM from $500 (20 Rentals)
Search the lowest-cost Homes available for rent right now in Albuquerque.
406 15th St NW
AlbuquerqueNM87104
3865 Montgomery Blvd NE
AlbuquerqueNM87109
4908 Burton Ave SE
AlbuquerqueNM87108
300 Charleston St NE
AlbuquerqueNM87108
336 Grove St SE
AlbuquerqueNM87108
1216 High St SE
AlbuquerqueNM87102
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
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.
608 Alcazar St SE
AlbuquerqueNM87108
12822 Dorado Dr SE
AlbuquerqueNM87123
4419 10th St NW
AlbuquerqueNM87107
1211 Coal Ave SE
AlbuquerqueNM87106
921 Nashville Ave SW
AlbuquerqueNM87105
704 Truman St NE
AlbuquerqueNM87110
205 Ash St SE
AlbuquerqueNM87106
1825 Mary Ellen St NE
AlbuquerqueNM87112
12120 Menaul Blvd NE
AlbuquerqueNM87112
2800 Vail Ave SE
AlbuquerqueNM87106
Showing Results 1-20, 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 | $2,168 | $900 | $5,500 |
| Albuquerque 3 Bedroom Homes for Rent | $2,302 | $1,550 | $5,500 |
| Albuquerque 4 Bedroom Homes for Rent | $3,389 | $1,850 | $10,000+ |
| Albuquerque 5 Bedroom Homes for Rent | $5,290 | $2,125 | $10,000+ |
| Albuquerque 6 Bedroom Homes for Rent | $16,500 | $10,000 | $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: 04/24/2025Current apartment rentals in the Albuquerque, NM area range in price from $599 to $8,500 with an overall median price of $2,346. The three Albuquerque neighborhoods with the lowest median rent pricing are Southwest Mesa at $941, Eastside at $730, and University Heights at $638. 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 |
| Eastside | $1,253 | $730 | 14 |
| University Heights | $1,253 | $638 | 30 |
| Southeast Heights | $1,300 | $615 | 14 |
| South Los Altos | $1,335 | $700 | 50 |
| Elder Homestead | $1,374 | $615 | 118 |
| Siesta Hills | $1,374 | $615 | 99 |
| Trumbull Village | $1,374 | $645 | 61 |
| South San Pedro | $1,393 | $645 | 96 |
| Mountain View | $1,400 | $1,200 | 1 |
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. Loop @950 in the South San Pedro neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $645. 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 |
| Loop @950 | 0x1 - 280 | Studio,1BA | $645 |
| Desert Creek Apartments | SRO-Sleeping room only | Studio,1BA | $655 |
| 1028 Alvarado Dr | 1 Beds, 1 Baths | 1BR,1BA | $675 |
| Nova Point | S1 - Studio | Studio,1BA | $700 |
Best Value Apartments for Rent in Albuquerque, NM
As of April 24, 2025 the best value apartment in the Albuquerque area is the $1.09 price per square foot 2 Beds, 1 bath Model at Taylor Ridge Apartments in the in the Southwest Quadrant neighborhood starting from $1,200. The second greatest value Albuquerque apartment is the 2br apartment corner unit Model at Four Seasons starting at $1,100 with a $1.10 price per square foot in the Southeast Quadrant 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. |
|---|---|---|---|
| Taylor Ridge Apartments | 2 Beds, 1 bath | 2BR,1BA | $1.09 |
| Four Seasons | 2br apartment corner unit | 2BR,1BA | $1.10 |
| Theta Apartments | KaloSolo-Premium | 1BR,1BA | $1.11 |
| The Ridge | 2 Bedroom 1 Bathroom | 2BR,1BA | $1.18 |
| Aspen Ridge | Two Bedroom Two Bath | 2BR,2BA | $1.20 |
| 8309 Trumbull Ave SE, Unit B | 8309 Trumbull Ave SE | 2BR,1BA | $1.09 |
| 200 Tennessee St NE, Unit 200 A | 200 Tennessee St NE | 2BR,1BA | $1.13 |
| El Pueblo II Apartments | 1x1 | 1BR,1BA | $1.03 |
| 528 Charleston St SE, Unit 4 | 528 Charleston St SE | 1BR,1BA | $1.23 |
| 1028 Alvarado Dr | 1 Beds, 1 Baths | 1BR,1BA | $1.04 |
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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 1609 Apartments for Rent in Albuquerque, NM with pricing that ranges from $599 to $8,500. There are also 205 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 $4,566.
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 $7,349, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,550 to $5,500. Four Bedroom Single-Family rentals are also available starting from $1,850 and Four Bedroom Apartments start at $1,253.
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.
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.
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.