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Cheap Apartments in Albuquerque, NM

1 - 30 of 135 Results
9
$836
Casa Del Rey Sur Apartments
112 Cardenas NE Albuquerque, NM
1 BR | Mar. 30, 2026
Contact
Cat Friendly
Air Conditioning
Highland
6
$823
Casa Del Rey Oeste Apartments
125 Cardenas NE Albuquerque, NM
1 BR | Available Now
Contact
Cat Friendly
Air Conditioning
Highland
9
$840
Beach
2.2
2525 Tingley Drive SW Albuquerque, NM
Studio | Available Now
Contact
Dog Friendly
Cat Friendly
In Unit Laundry
Pool
10
$785
Bluewater Village
3.3
6600 Bluewater NW Albuquerque, NM
1 BR | Mar. 7, 2026
Contact
Dog Friendly
Cat Friendly
Air Conditioning
In Unit Laundry
Storage
17
$766
El Pueblo I Apartments
6020 Kathryn SE 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
17
$766
El Pueblo II Apartments
6021 Anderson SE Albuquerque, NM
1 BR | Feb. 20, 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
11
$828
Hacienda Sur Apartments
225 Adams SE Albuquerque, NM
1 BR | Available Now
Contact
Cat Friendly
Air Conditioning
Surface Parking
Highland
16
3D Tour
$796
Casa Feliz
5.0
443 Espanola St Albuquerque, NM
Studio | Available Now
Contact
Virtual Tour
In Unit Laundry
Dishwasher
19
$742
Marbella Apartments
2.3
6801 Glen Rio Road NW Albuquerque, NM
2 BR | Available Now
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
19
$714
Encino Terrace
5.0
609 Encino Place NE Albuquerque, NM
Studio | Feb. 14, 2026
Contact
Senior Community
Covered Parking
Fitness Center
4
$697 - 718
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
$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
30
$382 - 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
2
$790
Santa Barbara
1420 Edith NE Albuquerque, NM
1 BR | Available Now
Contact
Income Restricted
Martinez Town
$700
LOS ALTOS LOFTS APARTMENTS
10330 Hotel Ave NE Albuquerque, NM
Studio | Available Now
$784
SILVER GARDENS I
100 Silver Ave SW Albuquerque, NM
1 BR | Mar. 7, 2026
Hunning Highland
$786
Casitas De Colores
215 Lead Ave SW Albuquerque, NM
1 BR | Available Now
Hunning Highland
$695
PAH HILAND PLAZA
5000 Central Ave SE Albuquerque, NM
1 BR | Feb. 24, 2026
Highland
17
$700 - 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
21
$800 - 825
2500 Carlisle Blvd NE
Albuquerque, NM
Studio | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Fitness Center
1
$795 - 805
Lomas Gardens
12601 Lomas Blvd NE Albuquerque, NM
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Storage
$699 - 775
12901 Central Ave NE
Albuquerque, NM
Studio | Available Now
Contact
19
$645 - 795
The Loop @950
Loop @950 950 Louisiana Blvd SE Albuquerque, NM
Studio | Available Now
Contact
Heat Included
Dog Friendly
Cat Friendly
Storage
Disability Access
13
$780
Vista Del Sol Apartments
Deal
7100 Louisiana Blvd NE Albuquerque, NM
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Fitness Center
Pool
13
$799 - 824
ABQ Encore
810 Eubank Blvd NE Albuquerque, NM
Studio | Available Now
Contact
Dog Friendly
Cat Friendly
Balcony/Deck/Patio
11
$767 - 2,097
Comanche Wells
Deal
3400 Comanche Rd NE Albuquerque, NM
Studio | Mar. 29, 2026
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Fitness Center
Dishwasher
7
$650
5801 Haines Ave NE
Albuquerque, NM
Studio | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
Dishwasher
1 - 30 of 135 Results
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Frequently Asked Questions

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

There are 135 cheap apartments in Albuquerque currently available for rent on Rentable.co.

What is the average rent for a cheap apartment in Albuquerque, NM?

The average monthly rent for a cheap apartment in Albuquerque is about $380.

How many studio cheap apartments are available in Albuquerque?

Rentable.co has 44 studio cheap apartments available for rent in Albuquerque.

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

Rentable.co has 296 one-bedroom cheap apartments available for rent in Albuquerque.

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

Rentable.co has 174 two-bedroom cheap apartments available for rent in Albuquerque.

Can I afford a cheap apartment in Albuquerque, NM?

To comfortably afford a cheap apartment in Albuquerque based on average rent prices, a household would need an annual income of $15,000.

Cheap Apartments in Albuquerque, NM: February Rental Information

Welcome to the February 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 February 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 12 25 37 50 <$700 $720 $760 $800 $840 $880 $920 $960 $1,000 $1,040 $1,080 $1,120 $1,160 $1,200 $1,240 $1,280 $1,320 $1,360 $1,400 $1,440 $1,480
This month, the typical cost to rent a one-bedroom apartment in Albuquerque stands at $950, with the majority falling between $670 and $1,510. Out of the 4,578 one-bedroom apartments currently on the market in Albuquerque, 42 are priced below $400, accounting for 1% of the total available one-bedroom units in Albuquerque.

Available Cheap Apartments: Albuquerque vs. Surrounding Areas

Albuquerque, NM
10
In February 2026, 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 February M/M % Change
Albuquerque, NM 10 +1.08%
Rio Rancho, NM 0 +1.67%

Looking for Cheap Apartments in Albuquerque?

Available cheap apartments 585
Top amenities Fitness Center, Dishwasher, Refrigerator, Garbage Disposal, Pool
Pet friendly 32
1 Bedroom 17
2 Bedroom 10
3 Bedroom 3
Square footage 407 - 1,171
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