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Apartments Under $1,000 in Albuquerque, NM

1 - 30 of 227 Results
2
$890
Santa Barbara
1420 Edith NE Albuquerque, NM
1 BR | Available Now
Contact
Income Restricted
Martinez Town
$489 - 865
SILVER GARDENS I
100 Silver Ave SW Albuquerque, NM
Studio - 1 BR | Available Now
Hunning Highland
$830
LOS ALTOS LOFTS APARTMENTS
10330 Hotel Ave NE Albuquerque, NM
Studio | Available Now
$867
Casitas De Colores
215 Lead Ave SW Albuquerque, NM
1 BR | Available Now
Hunning Highland
$965
Calle Cuarta Apartments
3525 4th St NW Albuquerque, NM
Studio | Aug. 22, 2026
$405 - 870
PAH HILAND PLAZA
5000 Central Ave SE Albuquerque, NM
1 BR | Available Now
Highland
6
$823
Casa Del Rey Oeste Apartments
125 Cardenas NE Albuquerque, NM
1 BR | Oct. 30, 2026
Contact
Air Conditioning
Highland
20
$822 - 975
Somerset Park
1201 Madeira Dr SE Albuquerque, NM
Studio - 1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Dishwasher
9
$940
Beach
2.2
2525 Tingley Drive SW Albuquerque, NM
Studio | Available Now
Contact
Dog Friendly
Cat Friendly
In Unit Laundry
Pool
11
$843
Fair Plaza Apartments
5901 Alice NE Albuquerque, NM
1 BR | Sep. 30, 2026
Contact
Air Conditioning
Highland
11
$828
Hacienda Sur Apartments
225 Adams SE Albuquerque, NM
1 BR | Sep. 30, 2026
Contact
Air Conditioning
Surface Parking
Highland
8
$836
Casa Del Rey Norte Apartments
124 Cardenas NE Albuquerque, NM
1 BR | Sep. 30, 2026
Contact
Air Conditioning
Highland
10
$885 - 995
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
$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
16
$910
Manzano Vista
2.6
300 Dorado Place SE Albuquerque, NM
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Pool
17
$766
El Pueblo I Apartments
6020 Kathryn SE Albuquerque, NM
1 BR | Oct. 30, 2026
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 | Oct. 30, 2026
Contact
Air Conditioning
Highland
25
3D Tour
$685 - 865
CUATRO
5.0
1319 4Th St Albuquerque, NM
Studio - 2 BR | Available Now
Contact
Virtual Tour
Senior Community
Air Conditioning
In Unit Laundry
Fitness Center
19
$720 - 845
Encino Terrace
5.0
609 Encino Place NE Albuquerque, NM
Studio - 1 BR | Aug. 21, 2026
Contact
Senior Community
Covered Parking
Fitness Center
4
$420 - 867
Luminaria Senior Community
4.7
10600 Central Ave SE Albuquerque, NM
1 BR | Aug. 19, 2026
Contact
Dog Friendly
Cat Friendly
Senior Community
Air Conditioning
In Unit Laundry
19
3D Tour
$810 - 974
Plaza Feliz
2.4
517 San Pablo St. SE Albuquerque, NM
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Virtual Tour
Air Conditioning
In Unit Laundry
20
$665 - 814
Plaza Ciudana
3.8
310 Indian School RD NE Albuquerque, NM
Studio - 1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
In Unit Laundry
Balcony/Deck/Patio
30
$827 - 881
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
16
3D Tour
$671 - 823
Casa Feliz
5.0
443 Espanola St Albuquerque, NM
Studio - 2 BR | Available Now
Contact
Virtual Tour
In Unit Laundry
Dishwasher
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
5
$815 - 885
12601 Lomas Blvd NE
Albuquerque, NM
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Storage
25
$800 - 950
The Villas at Uptown
2.6
The Villas @ Uptown 6230 Indian School Road NE Albuquerque, NM
Studio - 1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
Disability Access
24
$765 - 775
2500 Carlisle Blvd NE
Albuquerque, NM
Studio | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Fitness Center
14
$999
The Valencia
1020 Valencia Dr SE Albuquerque, NM
1 BR | Available Now
Contact
Heat Included
Dog Friendly
Cat Friendly
Air Conditioning
Covered Parking
1 - 30 of 227 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 227 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 1,021 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 2,221 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 1,274 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. Vecinos del Bosque
  4. Southeast Heights
  5. Downtown Albuquerque

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

Welcome to the August 2026 Albuquerque Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the August 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 15 30 45 60 <$600 $640 $720 $800 $880 $960 $1,040 $1,120 $1,200 $1,280 $1,360 $1,440 $1,520 >$1,600
This month, the typical cost to rent a one-bedroom apartment in Albuquerque stands at $1,030, with the majority falling between $650 and $1,600. Out of the 4,671 one-bedroom apartments currently on the market in Albuquerque, 1,744 are priced below $1,000, accounting for 37% of the total available one-bedroom units in Albuquerque.

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

Albuquerque, NM
251
In August 2026, there are numerous affordable apartment options available in Albuquerque, NM and the surrounding cities. In Albuquerque alone, there are 242 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 August M/M % Change
Albuquerque, NM 252 +1.0%
Rio Rancho, NM 2 +0.62%
Belen, NM 1 +1.0%
Los Lunas, NM 1 +0.5%
Corrales, NM 0 +1.67%

Looking for Apartments Under $1,000 in Albuquerque?

Available apartments under $1,000 5,384
Top amenities On Site Laundry, Refrigerator, Garbage Disposal, Pool, Range / Oven
Deals 16
Pet friendly 346
Utilities included 78
Furnished 16
Studio 119
1 Bedroom 247
2 Bedroom 116
Square footage 280 - 1,102

Where are Albuquerque Apartments Under $1,000?

Top Neighborhoods Highland, Hunning highland, Vecinos del bosque, Southeast heights, Downtown albuquerque
Highland 14
Hunning Highland 6
Vecinos del Bosque 2
Southeast Heights 2
Downtown Albuquerque 1
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