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Cheap Apartments in Albuquerque, NM

121 - 129 of 129 Results
10
$795
411 Harvard Se
1.0
Albuquerque, NM
2 - 3 BR | Available Now
Contact
Cat Friendly
House
17
$550
1105-1109 Dickerson Se
Albuquerque, NM
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
5
$750
204 1/2 Ash Se
1.0
Albuquerque, NM
3 BR | Available Now
Contact
Cat Friendly
House
In Unit Laundry
14
$650
521 Spruce St Se
Albuquerque, NM
1 BR | Available Now
Contact
10
$795
1405 Gold Se
Albuquerque, NM
2 BR | Available Now
Contact
Student
Townhome
Balcony/Deck/Patio
13
$700
Modern, Updated 1 Bedroom Courtyard Apartment With Yard In Ridgecrest
3418 - 3422 Crest SE Albuquerque, NM
1 BR | Ask for Availability
Contact
1
$695
401 14th St NW
Albuquerque, NM
Studio | Available Now
Contact
Heat Included
Dog Friendly
Surface Parking
Storage
Disability Access
2
$650
1801 Coal Place Se
Albuquerque, NM
1 BR | Available Now
Contact
Student
Balcony/Deck/Patio
$565 - 705
Canyon Vista Apartments
2.0
3958 Montgomery Blvd Ne Albuquerque, NM
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
121 - 129 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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