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Cheap Apartments for Rent in Albuquerque, NM
379 Rentals Available

Apartments Under $400 Apartments Under $700 Apartments Under $800 Apartments Under $900 Apartments Under $1,000 Apartments Under $1,100

Apartments Under $400

  • Today

    10001 Ceja Vista Rd SW, Albuquerque, NM 87121
    1 BED $393+
    2 BEDS $980+

Apartments Under $700

  • 24
    Today

    5710 Avalon Road NW, Albuquerque, NM 87105
    1 BED Call for pricing
    2 BEDS Call for pricing
    3 BEDS Call for pricing

Apartments Under $800

  • 68
    7 days ago

    7220 Central Ave SE, Albuquerque, NM 87108
    STUDIO $707+
    1 BED $814+
    2 BEDS $895+
  • 55
    Today

    121 Cardenas NE, Albuquerque, NM 87108
    1 BED $716+
  • 89
    Today

    4501 Shepard Road NE, Albuquerque, NM 87110
    STUDIO Ask for Pricing
    1 BED $799+
    2 BEDS $919+

Apartments Under $900

  • Today

    760 Juan Tabo Blvd NE, Albuquerque, NM 87123
    STUDIO $800+
    1 BED $1,000
    2 BEDS $1,250+
  • 11
    Today

    4300 Bryn Mawr Dr. NE, Albuquerque, NM 87107
    STUDIO $825+
    1 BED $1,500
    2 BEDS $1,600
  • 12
    7 days ago

    801 Locust Place NE, Albuquerque, NM 87102
    STUDIO $829+
    1 BED $933+
    2 BEDS $1,208+
  • 74
    Resident Rated
    Calla Kitchen Furnished Monarch 2nd Bedroom
    4.0
    Today

    5600 Gibson Blvd. SE, Albuquerque, NM 87108
    Available
    1 BED $831+
    2 BEDS $1,012+
    Calla Kitchen Furnished Monarch 2nd Bedroom Clubhouse The Pearl at Spring Creek Monument Sign
    Property reviews
    5/5 Kris n. on Feb 3, 2025

    Moved in a month ago and we cannot be happier. Andrew is an excellent leasing agent - honest, integrity, polite and strong communicator. He is very personable, has great taste in sports teams and is an encyclopedia about music. Great neighbors, friendly people, and just pleasant place to live. The only thing i wished they had was a recycle bin. I just take it to the va.

    5/5 Anonymous on Feb 1, 2024

    This place has a great living area and plenty of parking. The staff has always gotten back prompty

  • Today

    901 Park Ave SW, Albuquerque, NM 87102
    STUDIO $845
    1 BED $902
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  • 65
    Today

    601 Coal Ave. SW, Albuquerque, NM 87102
    STUDIO $850
    1 BED $996
    2 BEDS $1,301
  • 1 day ago

    305 Princeton Dr SE, Albuquerque, NM 87106
    STUDIO $850+
    1 BED $1,300
  • 52
    Today

    3135 Comanche Rd NE, Albuquerque, NM 87107
    STUDIO $855
    1 BED $955
    2 BEDS Ask for Pricing
  • 17
    Today

    8911 Northeastern Blvd NE, Albuquerque, NM 87112
    STUDIO $860+
    1 BED $975+
    2 BEDS $1,100+
  • 12
    Today

    3400 Comanche Road NE, Albuquerque, NM 87107
    STUDIO $865+
    1 BED $1,081+
    2 BEDS $1,186+
  • 22
    Resident Rated
    Rent Specials
    this is a photo of the leasing office at park ridge apartments in cincinnati, oh a building with a blue awning in front of a street
    3.5
    Today

    1201 Madeira Dr. SE, Albuquerque, NM 87108
    Available
    1 BED $880
    2 BEDS $1,026
    this is a photo of the leasing office at park ridge apartments in cincinnati, oh a building with a blue awning in front of a street a building with a blue awning in front of a street a walkway leading to a pool at the whispering winds apartments in pearland, tx
    Property reviews
    5/5 Jo M. on Aug 30, 2024

    I have really enjoyed living here and told many of my friends about Somerset Park

    4/5 Eric L. on Apr 4, 2024

    For being located in a rougher area, this apartment is clean and quiet.

  • 136
    Top Rated for Location
    Furnished Dining Room Furnished Bedroom
    4.5
    Today

    3011 Jane Pl NE, Albuquerque, NM 87111
    Available
    1 BED $894+
    2 BEDS $1,016+
    Furnished Dining Room Furnished Bedroom Pool Retreat at Candelaria Apartments Monument Sign
    Property reviews
    5/5 Eric C. on Sep 5, 2023

    Adam in mantainance is awesome he has helped me with many issues ????

    5/5 Brett H. on Jun 28, 2022

    Overall a good place for me. Every maintenance request was worked on.

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Apartments Under $1,000

  • Today

    200 Valencia Dr SE, Albuquerque, NM 87108
    1 BED $925
    2 BEDS $1,101
  • 72
    Today

    10000 Menaul Boulevard NE, Albuquerque, NM 87112
    1 BED $925+
    2 BEDS $1,105+
  • Today

    9901 Ceja Vis Rd SW, Albuquerque, NM 87121
    1 BED $932
    2 BEDS $1,116
    3 BEDS $1,289
  • 6
    Today

    10400 Universe Blvd NW, Albuquerque, NM 87114
    1 BED $956+
    2 BEDS $935
    3 BEDS $1,311+
  • 26
    7 days ago

    12021 Skyline Road NE, Albuquerque, NM 87123
    1 BED $943+
    2 BEDS $1,227
    3 BEDS $1,517
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  • 8
    Today

    12720 Central Ave SE, Albuquerque, NM 87123
    1 BED $949+
    2 BEDS $1,075+
  • Today

    700 Eubank Blvd SE, Albuquerque, NM 87123
    1 BED $956
    2 BEDS $1,141
  • Today

    601 90Th St NW, Albuquerque, NM 87121
    1 BED $956
    2 BEDS $1,141
    3 BEDS $1,311
  • 65
    Today

    3400 Wyoming Blvd, Albuquerque, NM 87111
    1 BED $970+
    2 BEDS $1,140+
    3 BEDS Ask for Pricing

Apartments Under $1,100

  • 6
    Today

    6801 Los Volcanes Road NW, Albuquerque, NM 87121
    STUDIO $1,007+
    1 BED $1,009+
    2 BEDS $1,028+
  • 19
    Today

    3901 Lafayette Dr NE, Albuquerque, NM 87107
    1 BED $1,015+
    2 BEDS $1,099+
    3 BEDS $1,245+
  • 26
    Today

    5222 Wyoming Boulevard NE, Albuquerque, NM 87111
    1 BED $1,025+
    2 BEDS Ask for Pricing
  • 38
    Today

    2201 Ambassador Road NE, Albuquerque, NM 87112
    1 BED $1,055
    2 BEDS Ask for Pricing
  • 14
    Today

    9125 Copper Ave NE, Albuquerque, NM 87123
    STUDIO $1,059+
    1 BED $1,225+
    2 BEDS $1,575+
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  • Today

    3600 Old Airport Rd NW, Albuquerque, NM 87114
    1 BED Ask for Pricing
    2 BEDS $1,141
  • Today

    3704 Ladera Dr NW, Albuquerque, NM 87120
    2 BEDS $1,141
  • 29
    Today

    400 Coal Avenue, Albuquerque, NM 87102
    STUDIO Ask for Pricing
    1 BED Ask for Pricing
    2 BEDS $1,699
34-0-city
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Popular searches Average rent Renters guide Demographics

Getting around in Albuquerque, NM

64 /100
Somewhat Walkable
34 /100
Some Transit
79 /100
Very Bikeable
Walk Score®: 64, Transit Score®: 34, Bike Score®: 79

Frequently asked questions

What is the price of a cheap apartment in Albuquerque, NM?

The price range of a cheap apartment is between $707 and $5,445.

How many cheap rentals are available in Albuquerque, NM on RentCafe?

There are 206 cheap rentals available on RentCafe. Prices and availability in Albuquerque, NM were last updated on 17 Jun 2025.

What is the average size of a cheap apartment in Albuquerque, NM?

The average Albuquerque, NM cheap apartment size is 746 sq. ft.

What are the advantages of renting a cheap apartment in Albuquerque, NM?

Cheap apartments in Albuquerque, NM are usually less expensive, smaller, and easier to maintain. They also come with lower utility costs.

What are the downsides of renting a cheap apartment in Albuquerque, NM?

A cheap apartment in Albuquerque, NM offers little storage space and fewer amenities compared to other apartments.

Look for cheap apartments near me

Finding the right apartment as far as size and location go is one aspect of apartment searching, but making sure that it provides all that you need within a reasonable price is another. On RentCafe, you can search for cheap apartments near you and ensure that you find one that suites your needs. Worried the neighborhood or city you are looking to move to is known to have higher rents? You can browse our listings and find the cheap apartments in any location, whether you are looking at a specific neighborhood, ZIP code, or city.

The perfect apartment for you is out there, either near you or anywhere in the U.S. that you are looking to move to. So, let's find the one that satisfies your wants and needs, but that also comes at an affordable price.

Looking for a cheap apartment for rent in Albuquerque, NM? With RentCafe, finding an affordable apartment in Albuquerque, NM has never been easier. We feature 379 low-priced rentals directly from property managers, with rents lower than the Albuquerque, NM average. What is a cheap rent in Albuquerque, NM? The average apartment rent in Albuquerque is $1,377 per month so any rental south of $1,101 would be considered cheap here. On RentCafe, Albuquerque, NM rents go as low as $393/mo.

Finding a home nearby is easier than you think. Check out our Apartments Near Me page and take your pick!