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Cheap Apartments in Albuquerque, NM

31 - 60 of 130 Results
30
$800
200-206 San Pablo NE
Albuquerque, NM
1 BR | Available Now
Contact
Surface Parking
Storage
Disability Access
33
$760
121 High St NE
Albuquerque, NM
Studio | Ask for Availability
Contact
Air Conditioning
In Unit Laundry
Dishwasher
Hunning Highland
13
3D Tour
$724
Roosevelt Park Studios - Totally Updated W/ High Speed Internet
1701 Lead Ave SE Albuquerque, NM
Studio | Ask for Availability
Contact
Air Conditioning
22
$800
5621 Acoma Rd SE
Albuquerque, NM
2 BR | Available Now
Contact
Dog Friendly
Highland
1
$700
Carlisle Property
Albuquerque, NM
Studio | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
Disability Access
Southeast Heights
1
$795 - 800
Candelaria (513) - The Nancy Jennings Center
513 Candelaria Rd NW Albuquerque, NM
1 BR | Available Now
Contact
Surface Parking
Storage
1
$650
5801 Haines Ave NE
Albuquerque, NM
Studio | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
Dishwasher
1
$775
Buena Vis
Albuquerque, NM
Studio | Available Now
Contact
1
$775 - 800
143 General Arnold St NE
Albuquerque, NM
1 BR | Available Now
Contact
Storage
Disability Access
1
$800
1020 Madeira SE
Albuquerque, NM
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
1
$805
Plaza Del Sol Apartments
309 Sierra Dr Albuquerque, NM
1 BR | Available Now
Contact
Storage
Disability Access
1
$820
Continental Arms Apartments: Charming Gated Community
1200 Madeira Dr SE Albuquerque, NM
Studio | Ask for Availability
Contact
Heat Included
Dog Friendly
Cat Friendly
Surface Parking
Storage
1
$725
Home @ Valencia
5500 Eastern Ave SE Albuquerque, NM
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Surface Parking
Balcony/Deck/Patio
Storage
1
$724 - 829
The Cedars Apartments
1700 Indian Plaza Dr Albuquerque, NM
Studio - 1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Fitness Center
Storage
Disability Access
1
$775
1816
1816 Lead Ave Albuquerque, NM
Studio | May. 25, 2026
Contact
Surface Parking
Storage
Disability Access
73
$530 - 640
4501 Shepard Rd NE
Albuquerque, NM
Studio - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Surface Parking
Fitness Center
11
$695
433 Mesilla St
Albuquerque, NM
1 BR | Available Now
Contact
Dog Friendly
5
$695
437 Mesilla St
Albuquerque, NM
1 BR | Available Now
Contact
Dog Friendly
6
$595
1024 Alvarado Dr
Albuquerque, NM
1 BR | Available Now
Contact
Dog Friendly
1
$829
Spacious 2 Bedroom Apartment With Private Patio
509 Girard Blvd SE Albuquerque, NM
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Surface Parking
Storage
Disability Access
1
$825
1622 Coal (40805)
1622 Coal Ave SE Albuquerque, NM
1 BR | Available Now
Contact
Dog Friendly
Storage
8
$700
208 High St NE
Albuquerque, NM
Studio | Available Now
Contact
Dog Friendly
Cat Friendly
Hunning Highland
1
$600 - 650
Arizona Street Se-1100-1108
1100-1108 Arizona St SE Albuquerque, NM
Studio | Available Now
Contact
Heat Included
Storage
Disability Access
1
$794
1520 University Blvd NE
Albuquerque, NM
Studio | Available Now
Contact
Dog Friendly
Cat Friendly
Fitness Center
Storage
11
$825
425 Tennessee St NE
Albuquerque, NM
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
1
$825
3433 Smith Ave
Albuquerque, NM
2 BR | Available Now
Contact
Southeast Heights
1
$800
305 Charleston Dr NE
Albuquerque, NM
1 BR | Available Now
Contact
Dog Friendly
1
$840
El Pueblo - Ultimate Urban Living
1015 Cardenas Dr SE Albuquerque, NM
Studio | Available Now
Contact
Heat Included
Dog Friendly
Cat Friendly
Storage
Disability Access
7
$750
565 59th NW
Albuquerque, NM
1 BR | Available Now
Contact
Dog Friendly
9
$800
401 Espanola SE
Albuquerque, NM
1 BR | May. 19, 2026
Contact
Dog Friendly
31 - 60 of 130 Results
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Frequently Asked Questions

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

There are 130 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 $390.

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 367 one-bedroom cheap apartments available for rent in Albuquerque.

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

Rentable.co has 283 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 $16,000.

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

  1. Highland

Cheap Apartments in Albuquerque, NM: May Rental Information

Welcome to the May 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 May 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 17 35 52 70 <$700 $740 $820 $900 $980 $1,060 $1,140 $1,220 $1,300 $1,380 $1,460 $1,540 >$1,620
This month, the typical cost to rent a one-bedroom apartment in Albuquerque stands at $960, with the majority falling between $660 and $1,600. Out of the 4,796 one-bedroom apartments currently on the market in Albuquerque, 24 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
9
In May 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 May M/M % Change
Albuquerque, NM 10 +0.96%

Looking for Cheap Apartments in Albuquerque?

Available cheap apartments 749
Top amenities Fitness Center, Dishwasher, Balcony/Deck/Patio, Refrigerator, Pool
Deals 2
Pet friendly 27
Utilities included 5
1 Bedroom 25
2 Bedroom 15
3 Bedroom 7
Square footage 486 - 1,190
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