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Cheap Apartments in Albuquerque, NM

1 - 30 of 142 Results
2
$890
Santa Barbara
1420 Edith NE Albuquerque, NM
1 BR | Available Now
Contact
Income Restricted
Martinez Town
$830
LOS ALTOS LOFTS APARTMENTS
10330 Hotel Ave NE Albuquerque, NM
Studio | Available Now
$405 - 870
PAH HILAND PLAZA
5000 Central Ave SE Albuquerque, NM
1 BR | Available Now
Highland
$867
Casitas De Colores
215 Lead Ave SW Albuquerque, NM
1 BR | Available Now
Hunning Highland
$489 - 865
SILVER GARDENS I
100 Silver Ave SW Albuquerque, NM
Studio - 1 BR | Available Now
Hunning Highland
6
$823
Casa Del Rey Oeste Apartments
125 Cardenas NE Albuquerque, NM
1 BR | Oct. 30, 2026
Contact
Air Conditioning
Highland
11
$843
Fair Plaza Apartments
5901 Alice NE Albuquerque, NM
1 BR | Sep. 30, 2026
Contact
Air Conditioning
Highland
8
$836
Casa Del Rey Norte Apartments
124 Cardenas NE Albuquerque, NM
1 BR | Sep. 30, 2026
Contact
Air Conditioning
Highland
17
$766
El Pueblo II Apartments
6021 Anderson SE Albuquerque, NM
1 BR | Oct. 30, 2026
Contact
Air Conditioning
Highland
10
$885
Bluewater Village
3.3
6600 Bluewater NW Albuquerque, NM
1 BR | Aug. 15, 2026
Contact
Dog Friendly
Cat Friendly
Air Conditioning
In Unit Laundry
Storage
20
$822
Somerset Park
1201 Madeira Dr SE Albuquerque, NM
Studio | Aug. 28, 2026
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Dishwasher
27
$889 - 1,077
The Pearl at Spring Creek
5600 Gibson Blvd SE Albuquerque, NM
1 BR | Aug. 21, 2026
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
17
$766
El Pueblo I Apartments
6020 Kathryn SE Albuquerque, NM
1 BR | Oct. 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
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
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
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
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
19
3D Tour
$810
Plaza Feliz
2.4
517 San Pablo St. SE Albuquerque, NM
2 BR | Aug. 21, 2026
Contact
Dog Friendly
Cat Friendly
Virtual Tour
Air Conditioning
In Unit Laundry
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
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
24
$765 - 775
2500 Carlisle Blvd NE
Albuquerque, NM
Studio | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Fitness Center
11
$775
Madeira Flats- Utilities Included!
1130 Madeira Dr SE Albuquerque, NM
Studio | Available Now
Contact
Dog Friendly
Cat Friendly
Surface Parking
Storage
Disability Access
25
$800
The Villas at Uptown
2.6
The Villas @ Uptown 6230 Indian School Road NE Albuquerque, NM
Studio | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
Disability Access
5
$815
12601 Lomas Blvd NE
Albuquerque, NM
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Storage
17
$880
The French Quarter
1101 Palomas Dr SE Albuquerque, NM
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Surface Parking
Storage
1
$885
2112 Moon St NE
Albuquerque, NM
1 BR | Available Now
Contact
Heat Included
Dog Friendly
Cat Friendly
Surface Parking
Storage
32
$766 - 843
White Oak Apartments
121 Cardenas NE Albuquerque, NM
1 BR | Sep. 30, 2026
Contact
Air Conditioning
Surface Parking
Balcony/Deck/Patio
Storage
Highland
1 - 30 of 142 Results
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Frequently Asked Questions

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

There are 142 cheap apartments in Albuquerque currently available for rent on Rentable.co.

How many studio cheap apartments are available in Albuquerque?

Rentable.co has 1 studio cheap apartment available for rent in Albuquerque.

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

Rentable.co has 349 one-bedroom cheap apartments available for rent in Albuquerque.

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

Rentable.co has 306 two-bedroom cheap apartments available for rent in Albuquerque.

Cheap Apartments in Albuquerque, NM: August Rental Information

Welcome to the August 2026 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 August 2026.

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 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

Available Cheap Apartments: Albuquerque vs. Surrounding Areas

Albuquerque, NM
13
In August 2026, there were a total of 13 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 August M/M % Change
Albuquerque, NM 13 +0.92%

Looking for Cheap Apartments in Albuquerque?

Available cheap apartments 761
Top amenities Fitness Center, Dishwasher, Balcony/Deck/Patio, Refrigerator, Pool
Pet friendly 27
Utilities included 5
1 Bedroom 23
2 Bedroom 17
3 Bedroom 6
Square footage 522 - 1,215
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