Careers
Favorites
Advertise With Us
Log In
Create Search Alert
Get alerts when new listings become available in the Albuquerque area that match this search.
Email address:

Subscribed
Error! Please try again later.
Contact Property
Your Name

Email Address

Phone Number
Desired Move In Date
Desired Number of Bedrooms
Request a Tour Date

Ask a Question

Error! Please try again later.

Cheap Apartments in Albuquerque, NM

121 - 122 of 122 Results
$795
Ppl 205 Vassar Dr.
205 Vassar Dr SE Albuquerque, NM
1 BR | Available Now
Contact
Dishwasher
$565 - 705
Canyon Vista Apartments
2.0
3958 Montgomery Blvd Ne Albuquerque, NM
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
121 - 122 of 122 Results
  1. Home
  2. Albuquerque
  3. Cheap Apartments
Frequently Asked Questions

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

There are 122 cheap apartments in Albuquerque currently available for rent on Rentable.co.

How many studio cheap apartments are available in Albuquerque?

Rentable.co has 20 studio cheap apartments available for rent in Albuquerque.

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

Rentable.co has 254 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.

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
Browse Albuquerque Apartments
Albuquerque Apartments by Neighborhood
Albuquerque Apartments by Bedrooms
Albuquerque Apartments by Affordability
Albuquerque Apartments with Amenities
Albuquerque Apartments by Type
Colleges Near Albuquerque
Albuquerque Apartments by Zip Code