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Cheap Apartments in Albuquerque, NM

61 - 90 of 129 Results
73
$530 - 640
4501 Shepard Rd NE
Albuquerque, NM
Studio - 2 BR | Available Now
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Dog Friendly
Cat Friendly
Surface Parking
Fitness Center
5
$695
437 Mesilla St
Albuquerque, NM
1 BR | Available Now
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Dog Friendly
6
$595
1024 Alvarado Dr
Albuquerque, NM
1 BR | Available Now
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Dog Friendly
11
$695
433 Mesilla St
Albuquerque, NM
1 BR | Available Now
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Dog Friendly
22
$800
5621 Acoma Rd SE
Albuquerque, NM
2 BR | Available Now
Contact
Dog Friendly
Highland
1
$729
Zuni Princess Apartments
7301 Zuni Rd SE Albuquerque, NM
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Surface Parking
Storage
Disability Access
1
$700
High St
208 High St NE Albuquerque, NM
Studio | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Storage
Disability Access
8
$725
5500 Eastern Ave SE
Albuquerque, NM
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
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
1
$800
305 Charleston Dr NE
Albuquerque, NM
1 BR | Available Now
Contact
Dog Friendly
1
$825
3433 Smith Ave
Albuquerque, NM
2 BR | Available Now
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Southeast Heights
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
11
$825
425 Tennessee St NE
Albuquerque, NM
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
6
$760
1520 Girard Blvd NE
Albuquerque, NM
Studio | Ask for Availability
Contact
Dishwasher
Netherwood Park
9
$749
1301 Tijeras Ave NE
Albuquerque, NM
Studio | Ask for Availability
Contact
7
$719
Renovated, Open Studios Near Unm / Cnm - Available Now!
2104 Lead Ave SE Albuquerque, NM
Studio | Ask for Availability
Contact
Air Conditioning
11
$747
Large Open Studio With Views & Ac- Great East Nob Hill Complex
1340 San Mateo Blvd Albuquerque, NM
Studio | Ask for Availability
Contact
Air Conditioning
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
1
$800
5700 Copper Ave NE
Albuquerque, NM
Studio | Available Now
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Covered Parking
Pool
Highland
$699
3958 Montgomery Blvd N.e.
Albuquerque, NM
1 BR | Available Now
Contact
Heat Included
Air Conditioning
Balcony/Deck/Patio
Dishwasher
Pool
1
$700
413 & 518 Vassar Dr. SE
Albuquerque, NM
Studio | Available Now
Contact
1
$725
Remodeled 1 Br 324 Texasst Se
324 Texas Albuquerque, NM
1 BR | Available Now
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Dog Friendly
Cat Friendly
1
$700
328 A St Francis
St Francis Rd #328-a NW Albuquerque, NM
1 BR | May. 22, 2026
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House
0
$725
113 Girard SE #B
Albuquerque, NM
Studio | Jun. 1, 2026
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Campus
1
$795 - 800
513 Candelaria Rd NW
Albuquerque, NM
1 BR | Available Now
Contact
1
$825
122 Charleston SE
Albuquerque, NM
1 BR | Ask for Availability
Contact
Dog Friendly
Cat Friendly
1
$700
Sahara Motel Nm Llc
5915 Gibson Blvd SE Albuquerque, NM
Studio | Available Now
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1
$825
425 Tennessee St NE
Albuquerque, NM
2 BR | Available Now
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61 - 90 of 129 Results
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Frequently Asked Questions

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

There are 129 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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