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Cheap Apartments in Albuquerque, NM

1 - 30 of 149 Results
2
$790
Santa Barbara
1420 Edith NE Albuquerque, NM
1 BR | Available Now
Contact
Income Restricted
Martinez Town
$515
HOPE VILLAGE
1215 3rd St NW Albuquerque, NM
1 BR | Available Now
$528
PAH HILAND PLAZA
5000 Central Ave SE Albuquerque, NM
3 BR | Available Now
Highland
$529 - 605
Casitas De Colores
215 Lead Ave SW Albuquerque, NM
2 - 3 BR | Available Now
Hunning Highland
$700
LOS ALTOS LOFTS APARTMENTS
10330 Hotel Ave NE Albuquerque, NM
Studio | Available Now
$514
San Roque Apartments
4410 Coors Blvd NW Albuquerque, NM
2 BR | Available Now
Contact
6
$823
Casa Del Rey Oeste Apartments
125 Cardenas NE Albuquerque, NM
1 BR | Available Now
Contact
Cat Friendly
Air Conditioning
Highland
17
$766
El Pueblo I Apartments
6020 Kathryn SE Albuquerque, NM
1 BR | Jan. 1, 2026
Contact
Cat Friendly
Air Conditioning
Highland
10
$785
Bluewater Village
3.3
6600 Bluewater NW Albuquerque, NM
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
In Unit Laundry
Storage
17
$822
Somerset Park
Deal
1201 Madeira Dr SE Albuquerque, NM
Studio | Mar. 2, 2026
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Dishwasher
17
$766
El Pueblo II Apartments
6021 Anderson SE Albuquerque, NM
1 BR | Jan. 30, 2026
Contact
Cat Friendly
Air Conditioning
Highland
8
$836
Casa Del Rey Norte Apartments
124 Cardenas NE Albuquerque, NM
1 BR | Available Now
Contact
Cat Friendly
Air Conditioning
Highland
10
$828
Hacienda Norte Apartments
201 Adams SE Albuquerque, NM
1 BR | Mar. 2, 2026
Contact
Cat Friendly
Air Conditioning
Highland
9
$836
Casa Del Rey Sur Apartments
112 Cardenas NE Albuquerque, NM
1 BR | Available Now
Contact
Cat Friendly
Air Conditioning
Highland
11
$828
Hacienda Sur Apartments
225 Adams SE Albuquerque, NM
1 BR | Available Now
Contact
Cat Friendly
Air Conditioning
Surface Parking
Highland
9
$840
Beach
2.2
2525 Tingley Drive SW Albuquerque, NM
Studio | Available Now
Contact
Dog Friendly
Cat Friendly
In Unit Laundry
Pool
4
$482
Luminaria Senior Community
4.7
10600 Central Ave SE Albuquerque, NM
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Senior Community
Air Conditioning
In Unit Laundry
19
$742
Marbella Apartments
2.3
6801 Glen Rio Road NW Albuquerque, NM
2 BR | Dec. 25, 2025
Contact
Dog Friendly
Cat Friendly
Income Restricted
Air Conditioning
Balcony/Deck/Patio
25
3D Tour
$660 - 804
CUATRO
5.0
1319 4Th St Albuquerque, NM
Studio | Available Now
Contact
Virtual Tour
Senior Community
Air Conditioning
In Unit Laundry
Fitness Center
30
$803
Sterling Downtown
3.0
800 Silver Ave SW Albuquerque, NM
Studio | Dec. 6, 2025
Contact
Dog Friendly
Income Restricted
In Unit Laundry
Fitness Center
Dishwasher
20
$828
Plaza Ciudana
3.8
310 Indian School RD NE Albuquerque, NM
2 BR | Dec. 11, 2025
Contact
Dog Friendly
Cat Friendly
Air Conditioning
In Unit Laundry
Balcony/Deck/Patio
19
$695 - 725
Encino Terrace
5.0
609 Encino Place NE Albuquerque, NM
Studio - 1 BR | Dec. 6, 2025
Contact
Senior Community
Covered Parking
Fitness Center
16
3D Tour
$651
Casa Feliz
5.0
443 Espanola St Albuquerque, NM
Studio | Dec. 13, 2025
Contact
Virtual Tour
In Unit Laundry
Dishwasher
1
$808
Encino Gardens
412 Alvarado Dr SE Albuquerque, NM
Studio | Available Now
Contact
Dog Friendly
Cat Friendly
Income Restricted
Fitness Center
Highland
21
$800 - 825
2500 Carlisle Blvd NE
Albuquerque, NM
Studio | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Fitness Center
17
$800
The Villas @ Uptown
2.6
The Villas @ Uptown 6230 Indian School Road NE Albuquerque, NM
Studio | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
Disability Access
1
$815
Lomas Gardens
12601 Lomas Blvd NE Albuquerque, NM
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Storage
10
$749
***move In Special*** Studios @ $749.00
1001 Madeira Dr SE Albuquerque, NM
Studio | Available Now
Contact
Heat Included
Dog Friendly
Cat Friendly
Surface Parking
Storage
27
$829
3803 Aspen Ave NE
Albuquerque, NM
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Surface Parking
Storage
Disability Access
7
$695
5801 Haines Ave NE
Albuquerque, NM
Studio | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
Dishwasher
1 - 30 of 149 Results
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Frequently Asked Questions

How many cheap apartments are available in Albuquerque, NM on Rentable.co?

There are 149 cheap apartments in Albuquerque currently available for rent on Rentable.co.

How many studio cheap apartments are available in Albuquerque?

Rentable.co has 56 studio cheap apartments available for rent in Albuquerque.

How many one-bedroom cheap apartments are available in Albuquerque?

Rentable.co has 326 one-bedroom cheap apartments available for rent in Albuquerque.

How many two-bedroom cheap apartments are available in Albuquerque?

Rentable.co has 167 two-bedroom cheap apartments available for rent in Albuquerque.

Which neighborhoods have the most cheap apartments for rent in Albuquerque, NM?

  1. Highland

Cheap Apartments in Albuquerque, NM: December Rental Information

Welcome to the December 2025 Albuquerque Apartment Report. In this assessment of the local rental market, Rentable presents key findings and figures for affordable apartments in Albuquerque for the month of December 2025.

Our experts analyze the inventory trends for apartments under a certain price range — overall market rent-distribution, availability by bedroom count, and month-over-month comparisons — in Albuquerque and surrounding areas. This summary provides valuable insights into the rental landscape, offering prospective renters an understanding of rent prices and availability for affordable apartments in Albuquerque. Additionally, it highlights various features and amenities available, as well as location options, ensuring renters can find the perfect fit for their needs and budget in the city.
0 20 40 60 80 <$600 $640 $720 $800 $880 $960 $1,040 $1,120 $1,200 $1,280 $1,360 $1,440 >$1,520

Available Cheap Apartments: Albuquerque vs. Surrounding Areas

Albuquerque, NM
11
In December 2025, there were a total of 10 cheap apartments available in the Albuquerque, NM metro area. This includes not only Albuquerque itself, but also 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. Prospective renters looking for affordable housing options in this area will find a variety of choices to fit their budget and needs. Whether you prefer to live in the heart of Albuquerque or in one of the nearby towns, Rentable can help you find the perfect cheap apartment in the area.

Cheap Apartments Now vs. Last Month: Albuquerque and Surrounding Areas

City Cheap Apartments in December M/M % Change
Albuquerque, NM 12 +0.99%
Rio Rancho, NM 1 +1.17%

Looking for Cheap Apartments in Albuquerque?

Available cheap apartments 657
Top amenities Fitness Center, Dishwasher, Refrigerator, Garbage Disposal, Pool
Pet friendly 32
1 Bedroom 17
2 Bedroom 11
3 Bedroom 3
Square footage 481 - 1,165
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