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Showing all results in Albuquerque, NM.

Show Nearby Apartments

Apartments under $500 for Rent in Albuquerque, NM

3,853 Rentals
.
  9. $313 Off
    Price Drop. $313 Off
    |
    STUDIO
    $675+
    1 BED
    $792+
    2 BEDS
    $908+

    Cinnamon Tree

    7220 Central Ave SE, Albuquerque, NM 87108
    Call
  16. Building Photo - Odyssey Apartments
    $181 Off
    Price Drop. $181 Off
    |
    STUDIO
    $1,095+
    1 BED
    $1,049+
    2 BEDS
    $1,320+
    3 BEDS
    $1,643+

    Odyssey Apartments

    10600 Cibola Loop NW, Albuquerque, NM 87114
    Call
  18. Building Photo - Sun Plaza
    $165 Off
    Price Drop. $165 Off
    1 BED
    $975+
    2 BEDS
    $1,146+
    3 BEDS
    $1,718+

    Sun Plaza

    4400 Montgomery Blvd NE, Albuquerque, NM 87109
    Call
  21. Pool - La Ventana
    $162 Off
    Price Drop. $162 Off
    |
    1 BED
    $1,529+
    2 BEDS
    $1,909+
    3 BEDS
    $1,955+

    La Ventana

    12200 Academy Rd NE, Albuquerque, NM 87111
    Call
  35. Building Photo - Nova Point
    Exceptional Value
    |
    STUDIO
    $700+
    1 BED
    $800+
    2 BEDS
    $1,100+

    Nova Point

    1001 Louisiana Blvd NE, Albuquerque, NM 87110
    Call

Living & Renting in Albuquerque

Albuquerque at a Glance

Average Rent

$1,156
(All bedrooms and property types)
Learn more about
Average Rent in Albuquerque
7

School Rating

out of 10 Rating
Learn more about
Schools in Albuquerque
28

Some Transit

out of 100 TransitScore® Rating
Learn more about
Transportation in Albuquerque
65

Somewhat Bikeable

out of 100 BikeScore® Rating
Learn more about
Transportation in Albuquerque

Albuquerque, NM Apartments for Rent

Surrounded by the Sandia Mountains to the east and West Mesa to the west, with the Rio Grande flowing through its center, Albuquerque combines natural landscapes with southwestern charm. This New Mexico city, established in 1706, has grown into a thriving metropolitan area. Home to Kirtland Air Force Base, Sandia National Laboratories, and the University of New Mexico, Albuquerque offers diverse employment and educational opportunities.

Albuquerque's rental market spans four quadrants, with one-bedroom apartments averaging $1,157 per month. From the established Northeast Heights to the historic Downtown and Nob Hill areas, renters can find options to match their preferences. With more than 300 days of sunshine each year, residents enjoy outdoor activities along the Rio Grande bosque trails and in the nearby mountains. The city hosts the International Balloon Fiesta, supports a growing arts community, and offers excellent dining featuring New Mexican cuisine. These amenities, combined with reasonable living costs, make Albuquerque an appealing southwestern destination.

Why Albuquerque?

  • Averages more than 300 days a year of sunshine
  • Home of the Albuquerque International Balloon Fiesta, which is the largest hot air balloon festival in the world
  • Rich Southwestern culture with Native American, Hispanic, and Latino influences in the city’s architecture, food, and art
  • Route 66 travels through the city with popular restaurants, boutiques, and its famous neon signs lining the roadway
  • Scenic beauty with the Sandia Mountains serving as the city’s backdrop and the Rio Grande running through the city
  • Recreational opportunities include golfing, biking, and skiing

Renting in Albuquerque

Average Rental Rates and Apartment Sizes

Top Budget-Friendly Neighborhoods in Albuquerque

(For 1 bedroom apartments)

Getting Around Albuquerque

Transportation

56

Somewhat Walkable

out of 100 WalkScore® Rating
You might be able to get out and walk when living in this area. Some errands can be accomplished on foot, but for others you need a car.
65

Bikeable

out of 100 BikeScore® Rating
You might be able to find places to ride your bike in this area, but you'll most likely want your car for most errands.
28

Some Transit

out of 100 TransitScore® Rating
You'll likely want a car when living in this area since it has few transit options.
Scores provided by Walk Scoreⓘ

Education

9
La Cueva High
out of 10 Rating
Public | Grades 9- 12 | 1,816 Students
8
Nex Gen Academy
out of 10 Rating
Public | Grades 9- 12 | 237 Students
7
Volcano Vista High
out of 10 Rating
Public | Grades 9- 12 | 2,216 Students
6
Cibola High
out of 10 Rating
Public | Grades 9- 12 | 1,762 Students
6
Sandia High
out of 10 Rating
Public | Grades 9- 12 | 1,728 Students
8
Eisenhower Middle
out of 10 Rating
Public | Grades 6- 8 | 818 Students
8
Desert Ridge Middle
out of 10 Rating
Public | Grades 6- 8 | 816 Students
5
Tony Hillerman Middle School
out of 10 Rating
Public | Grades 6- 8 | 1,035 Students
5
James Monroe Middle
out of 10 Rating
Public | Grades 6- 8 | 689 Students
9
S. Y. Jackson Elementary
out of 10 Rating
Public | Grades K- 5 | 517 Students
9
Georgia O'Keeffe Elementary
out of 10 Rating
Public | Grades K- 5 | 480 Students
8
Tierra Antigua Elementary
out of 10 Rating
Public | Grades K- 5 | 799 Students
School data provided by Great Schoolsⓘ
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