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Cheap Apartments in Albuquerque, NM

1 - 30 of 165 Results
9
$840
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 | 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
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
6
$823
Casa Del Rey Oeste Apartments
125 Cardenas NE Albuquerque, NM
1 BR | Available Now
Contact
Cat Friendly
Air Conditioning
Highland
11
$847
Hacienda Este Apartments
225 Jefferson SE Albuquerque, NM
1 BR | Jan. 16, 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
10
$828
Hacienda Norte Apartments
201 Adams SE Albuquerque, NM
1 BR | Available Now
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
30
$663 - 803
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
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
19
$742
Marbella Apartments
2.3
6801 Glen Rio Road NW Albuquerque, NM
2 BR | Jan. 10, 2026
Contact
Dog Friendly
Cat Friendly
Income Restricted
Air Conditioning
Balcony/Deck/Patio
19
$695 - 714
Encino Terrace
5.0
609 Encino Place NE Albuquerque, NM
Studio | Available Now
Contact
Senior Community
Covered Parking
Fitness Center
20
$828
Plaza Ciudana
3.8
310 Indian School RD NE Albuquerque, NM
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
In Unit Laundry
Balcony/Deck/Patio
4
$408 - 482
Luminaria Senior Community
4.7
10600 Central Ave SE Albuquerque, NM
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Senior Community
Air Conditioning
In Unit Laundry
2
$790
Santa Barbara
1420 Edith NE Albuquerque, NM
1 BR | Available Now
Contact
Income Restricted
Martinez Town
1
$808
Encino Gardens
412 Alvarado Dr SE Albuquerque, NM
Studio | Available Now
Contact
Dog Friendly
Cat Friendly
Income Restricted
Fitness Center
Highland
$529
Casitas De Colores
215 Lead Ave SW Albuquerque, NM
2 BR | Available Now
Hunning Highland
$700
LOS ALTOS LOFTS APARTMENTS
10330 Hotel Ave NE Albuquerque, NM
Studio | Available Now
$515
HOPE VILLAGE
1215 3rd St NW Albuquerque, NM
1 BR | Available Now
$845
PAH HILAND PLAZA
5000 Central Ave SE Albuquerque, NM
1 BR | Available Now
Highland
17
$800 - 850
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
30
$800
200-206 San Pablo NE
Albuquerque, NM
1 BR | Available Now
Contact
Surface Parking
Storage
Disability Access
30
$800
5404 Montgomery Blvd NE
Albuquerque, NM
Studio | Available Now
Contact
Dog Friendly
Cat Friendly
Surface Parking
Fitness Center
Storage
4
$805
Plaza Del Sol Apartments
309 Sierra Dr Albuquerque, NM
1 BR | Available Now
Contact
Storage
Disability Access
7
$695
5801 Haines Ave NE
Albuquerque, NM
Studio | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
Dishwasher
4
$779
One Bedroom With Off Street Parking
544 Charleston St SE Albuquerque, NM
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
13
$799
ABQ Encore
810 Eubank Blvd NE Albuquerque, NM
Studio | Available Now
Contact
Dog Friendly
Cat Friendly
Balcony/Deck/Patio
11
$788 - 2,149
Comanche Wells
Deal
3400 Comanche Rd NE Albuquerque, NM
Studio | Jan. 14, 2026
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Fitness Center
Dishwasher
1 - 30 of 165 Results
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Frequently Asked Questions

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

There are 165 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 9 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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