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Apartments Under $1,000 in Albuquerque, NM

1 - 30 of 261 Results
$733
SILVER GARDENS I
100 Silver Ave SW Albuquerque, NM
Studio | Jun. 6, 2026
Hunning Highland
$523 - 729
Casitas De Colores
215 Lead Ave SW Albuquerque, NM
2 BR | Available Now
Hunning Highland
$393 - 845
PAH HILAND PLAZA
5000 Central Ave SE Albuquerque, NM
1 - 3 BR | Available Now
Highland
$700 - 900
LOS ALTOS LOFTS APARTMENTS
10330 Hotel Ave NE Albuquerque, NM
Studio - 1 BR | Available Now
2
$790
Santa Barbara
1420 Edith NE Albuquerque, NM
1 BR | Available Now
Contact
Income Restricted
Martinez Town
1
$950
Candelaria Gardens
820 Candelaria NW Albuquerque, NM
2 BR | Jun. 13, 2026
Contact
Storage
10
$785 - 895
Bluewater Village
3.3
6600 Bluewater NW Albuquerque, NM
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
In Unit Laundry
Storage
17
$766
El Pueblo I Apartments
6020 Kathryn SE Albuquerque, NM
1 BR | Jun. 30, 2026
Contact
Air Conditioning
Highland
8
$836
Casa Del Rey Norte Apartments
124 Cardenas NE Albuquerque, NM
1 BR | Available Now
Contact
Air Conditioning
Highland
27
$889 - 1,175
The Pearl at Spring Creek
5600 Gibson Blvd SE Albuquerque, NM
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Covered Parking
Surface Parking
9
$836
Casa Del Rey Sur Apartments
112 Cardenas NE Albuquerque, NM
1 BR | Available Now
Contact
Air Conditioning
Highland
9
$840 - 950
Beach
2.2
2525 Tingley Drive SW Albuquerque, NM
Studio - 1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
In Unit Laundry
Pool
7
$950
Glorieta
131 Glorieta Albuquerque, NM
2 BR | Available Now
Contact
Pool
Hunning Highland
17
$928 - 1,184
The Retreat at Candelaria
Deal
3011 Jane Pl NE Albuquerque, NM
1 BR | Available Now
Contact
Air Conditioning
Covered Parking
Surface Parking
In Unit Laundry
Balcony/Deck/Patio
10
$828
Hacienda Norte Apartments
201 Adams SE Albuquerque, NM
1 BR | Available Now
Contact
Air Conditioning
Highland
17
$942 - 975
Somerset Park
1201 Madeira Dr SE Albuquerque, NM
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Dishwasher
16
$950
Manzano Vista
2.6
300 Dorado Place SE Albuquerque, NM
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Pool
11
$828
Hacienda Sur Apartments
225 Adams SE Albuquerque, NM
1 BR | May. 22, 2026
Contact
Air Conditioning
Surface Parking
Highland
12
$950
Graceland Plaza Apartments
Deal
312 Graceland SE Albuquerque, NM
1 BR | May. 22, 2026
Contact
Air Conditioning
Balcony/Deck/Patio
Highland
11
$847
Hacienda Este Apartments
225 Jefferson SE Albuquerque, NM
1 BR | Available Now
Contact
Air Conditioning
Highland
16
3D Tour
$651
Casa Feliz
5.0
443 Espanola St Albuquerque, NM
Studio | May. 22, 2026
Contact
Virtual Tour
In Unit Laundry
Dishwasher
4
$697 - 872
Luminaria Senior Community
4.7
10600 Central Ave SE Albuquerque, NM
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Senior Community
Air Conditioning
In Unit Laundry
20
$790 - 828
Plaza Ciudana
3.8
310 Indian School RD NE Albuquerque, NM
Studio - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
In Unit Laundry
Balcony/Deck/Patio
30
$663 - 855
Sterling Downtown
3.0
800 Silver Ave SW Albuquerque, NM
Studio - 1 BR | Available Now
Contact
Dog Friendly
Income Restricted
In Unit Laundry
Fitness Center
Dishwasher
19
$720
Encino Terrace
5.0
609 Encino Place NE Albuquerque, NM
Studio | Available Now
Contact
Senior Community
Covered Parking
Fitness Center
19
3D Tour
$786 - 992
Plaza Feliz
2.4
517 San Pablo St. SE Albuquerque, NM
2 BR | May. 23, 2026
Contact
Dog Friendly
Cat Friendly
Virtual Tour
Air Conditioning
In Unit Laundry
1
$859
Encino Gardens
412 Alvarado Dr SE Albuquerque, NM
Studio | Available Now
Contact
Dog Friendly
Cat Friendly
Income Restricted
Fitness Center
Highland
2
$610
Hibernian House
4.0
600 Coal Ave SW Albuquerque, NM
1 BR | Available Now
Contact
Senior Community
Income Restricted
Section 8
Air Conditioning
Fitness Center
1
$961
Solar Villa
2.6
1135 Texas NE Albuquerque, NM
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Income Restricted
0
$968
Arroyo Vista
3.8
4201 Bryn Mawr Dr NE Albuquerque, NM
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
Covered Parking
1 - 30 of 261 Results
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  3. Apartments Under $1,000
Frequently Asked Questions

How many apartments under $1,000 are available in Albuquerque, NM on Rentable.co?

There are 261 apartments under $1,000 in Albuquerque currently available for rent on Rentable.co.

How many studio apartments under $1,000 are available in Albuquerque?

Rentable.co has 975 studio apartments under $1,000 available for rent in Albuquerque.

How many one-bedroom apartments under $1,000 are available in Albuquerque?

Rentable.co has 2,798 one-bedroom apartments under $1,000 available for rent in Albuquerque.

How many two-bedroom apartments under $1,000 are available in Albuquerque?

Rentable.co has 1,683 two-bedroom apartments under $1,000 available for rent in Albuquerque.

Can I afford a apartment under $1,000 in Albuquerque, NM?

To comfortably afford a apartment under $1,000 in Albuquerque based on average rent prices, a household would need an annual income of $34,000.

Which neighborhoods have the most apartments under $1,000 for rent in Albuquerque, NM?

  1. Highland
  2. Hunning Highland
  3. Southeast Heights
  4. Campus
  5. Netherwood Park

Apartments Under $1,000 in Albuquerque, NM: May Rental Information

Welcome to the May 2026 Albuquerque Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the May 2026 key findings and figures for the Albuquerque rental landscape.

Our experts analyze the inventory trends for apartments under $1,000 — overall market rent-distribution, availability by bedroom count, and month-over-month comparisons — in Albuquerque and surrounding areas. This summary also provides insights into available features and amenities, as well as location options for apartments under $1,000 in Albuquerque. Whether you're a student, young professional, or looking for an affordable rental option, this rent report provides you with valuable information to help you find your next home in Albuquerque.
0 17 35 52 70 <$700 $740 $820 $900 $980 $1,060 $1,140 $1,220 $1,300 $1,380 $1,460 $1,540 >$1,620
This month, the typical cost to rent a one-bedroom apartment in Albuquerque stands at $950, with the majority falling between $660 and $1,600. Out of the 4,794 one-bedroom apartments currently on the market in Albuquerque, 2,343 are priced below $1,000, accounting for 49% of the total available one-bedroom units in Albuquerque.

Available Apartments Under $1,000: Albuquerque vs. Surrounding Areas

Albuquerque, NM
258
In May 2026, there are numerous affordable apartment options available in Albuquerque, NM and the surrounding cities. In Albuquerque alone, there are 266 apartments under $1,000 on Rentable. Additionally, renters looking for affordable housing have the option to explore the surrounding cities such as Corrales, Los Lunas, Los Ranchos de Albuquerque, Rio Rancho, Belen, Bernalillo, Cedar Crest, Edgewood, Placitas, Sandia Park, Tijeras, Rio Ranch, and Sunnyside which also offer a great selection of apartments under $1,000. With a variety of choices in the Albuquerque metro area, prospective renters are sure to find an affordable place to call home.

Apartments Under $1,000 Now vs. Last Month: Albuquerque and Surrounding Areas

City Apartments Under $1,000 in May M/M % Change
Albuquerque, NM 258 +1.04%
Rio Rancho, NM 2 +1.07%
Corrales, NM 1 +0.5%
Belen, NM 1 +1.0%
Los Lunas, NM 0 +1.5%

Looking for Apartments Under $1,000 in Albuquerque?

Available apartments under $1,000 5,263
Top amenities On Site Laundry, Refrigerator, Garbage Disposal, Range / Oven, High Speed Internet
Deals 18
Pet friendly 413
Utilities included 110
Furnished 16
Studio 119
1 Bedroom 316
2 Bedroom 146
Square footage 280 - 1,007

Where are Albuquerque Apartments Under $1,000?

Top Neighborhoods Highland, Hunning highland, Southeast heights, Campus, Netherwood park
Highland 19
Hunning Highland 8
Southeast Heights 7
Campus 4
Netherwood Park 2
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