What are the average rent costs in Albuquerque, NM?

The average rent in Albuquerque, NM is $1,157.

What are the average rent costs of a studio apartment in Albuquerque, NM?

The average rent for a studio apartment in Albuquerque, NM is $864.

What are the average rent costs of a one bedroom apartment in Albuquerque, NM?

The average rent for a 1 bedroom apartment in Albuquerque, NM is $1,157.

What are the average rent costs of a two bedroom apartment in Albuquerque, NM?

The average rent for a 2 bedroom apartment in Albuquerque, NM is $1,436.

What are the average rent costs of a three bedroom apartment in Albuquerque, NM?

The average rent for a 3 bedroom apartment in Albuquerque, NM is $1,846.

What are the average rent costs of a four bedroom apartment in Albuquerque, NM?

The average rent for a 4 bedroom apartment in Albuquerque, NM is $1,988.

Cheap One Bedroom Apartments for Rent in Albuquerque, NM

1,626 Rentals

1 BED, 1 BATH

$650

304 Charleston St NE Unit 2

304 Charleston St NE, Albuquerque, NM 87108
Call for Rent

1028 Alvarado Dr

1028 Alvarado Dr, Albuquerque, NM 87108
1 BED

$695

Home @ Valencia

5500 Eastern Ave SE, Albuquerque, NM 87108

Call (505) 421-5123
1 BED, 1 BATH

$700

131 General Arnold St NE Unit 4

131 General Arnold St NE, Albuquerque, NM 87123
$102 Off

Price Drop. $102 Off

|

1 BED

$740

Total Monthly Price Total Monthly Price New
Base Rent$706 - $1,619
Required Monthly Fees$33
Utilities & EssentialsVaries
Total Monthly Price$739 - $1,652

Tesota Four Hills

301 Western Skies Dr SE, Albuquerque, NM 87123

Call (505) 502-4038
1 BED

$716

White Oak Apartments

6021 Anderson Ave SE, Albuquerque, NM 87108

Call (505) 207-1633
1 BED

$725

Cinnamon Tree

7220 Central Ave SE, Albuquerque, NM 87108

Call (505) 551-3368
1 BED

$725

Encino Terrace Senior

609 Encino Pl NE, Albuquerque, NM 87102
1 BED

$725

El Sol

1201 Iron Ave SW, Albuquerque, NM 87102
1 BED

$730

Manzano Vista

300 Dorado Pl SE, Albuquerque, NM 87123

Call (505) 589-3405
1 BED

$730

Bluewater Village

6600 Bluewater Rd NW, Albuquerque, NM 87121

Call (505) 207-3018
1 BED

$750

The Twelve 601

12601 Lomas Blvd NE, Albuquerque, NM 87112

Call (505) 847-8419
1 BED, 1 BATH

$750

515 Valencia Dr SE Unit 2

515 Valencia Dr SE, Albuquerque, NM 87108

Call (505) 263-9981
1 BED, 1 BATH

$750

545 Cedar St SE

545 Cedar St SE, Albuquerque, NM 87106
1 BED, 1 BATH

$750

233 Dallas St NE Unit B

233 Dallas St NE, Albuquerque, NM 87108
1 BED, 1 BATH

$750

3500 Eastern Ave SE Unit 3506

3500 Eastern Ave SE, Albuquerque, NM 87106
1 BED, 1 BATH

$750

305 Wisconsin St NE Unit C

305 Wisconsin St NE, Albuquerque, NM 87108
1 BED, 1 BATH

$775

408 Pennsylvania St SE Unit A

408 Pennsylvania St SE, Albuquerque, NM 87108
Call for Rent

Canon de Arrowhead

1700 Market St NW, Albuquerque, NM 87120
1 BED, 1 BATH

$795

320 Tennessee St SE

320 Tennessee St SE, Albuquerque, NM 87108
1 BED, 1 BATH

$795

513 Candelaria Rd NW Unit 5

513 Candelaria Rd NW, Albuquerque, NM 87107
1 BED, 1 BATH

$800

8912 Bellehaven Ave NE

8912 Bellehaven Ave NE, Albuquerque, NM 87112

Call (505) 876-7026
1 BED, 1 BATH

$800

131 General Arnold St NE Unit 3

131 General Arnold St NE, Albuquerque, NM 87123
1 BED, 1 BATH

$800

525 Mesilla St SE Unit 6

525 Mesilla St SE, Albuquerque, NM 87108
1 BED, 1 BATH

$800

10805 Towner Ave NE

10805 Towner Ave NE, Albuquerque, NM 87112
1 BED, 1 BATH

$800

520 Indiana St SE

520 Indiana St SE, Albuquerque, NM 87108
1 BED, 1 BATH

$800

4849 Gibson Blvd SE Unit 23

4849 Gibson Blvd SE, Albuquerque, NM 87108
1 BED

$805

The Loop @950

950 Louisiana Blvd SE, Albuquerque, NM 87108

Call (505) 207-0669
1 BED

$805

Cloudview Terrace

13500 Skyline Rd, Albuquerque, NM 87123

Call (505) 594-5654
1 BED

$809

Encanto Lofts Apartments

4501 Shepard Rd NE, Albuquerque, NM 87110

Call (505) 589-3166
1 BED

$823

Canyon Crest

7303 Montgomery Blvd NE, Albuquerque, NM 87109

Call (505) 207-4259
1 BED

$823

White Oak Apartments

125 Cardenas Dr SE, Albuquerque, NM 87108
$145 Off

Price Drop. $145 Off

1 BED

$857

Total Monthly Price Total Monthly Price New
Base Rent$825 - $1,095
Required Monthly Fees$31
Utilities & EssentialsVaries
Total Monthly Price$856 - $1,126

Tesota Midtown

200 Figueroa St NE, Albuquerque, NM 87123

Call (505) 502-3425
1 BED, 1 BATH

$825

1622 Coal Ave SE Unit B (PG3000396)

1622 Coal Ave SE, Albuquerque, NM 87106
1 BED

$829

509 Girard Terrace

509 Girard Blvd SE, Albuquerque, NM 87106
1 BED

$1,007

Total Monthly Price Total Monthly Price New
Base Rent$843 - $1,017
Required Monthly Fees$164
Utilities & EssentialsVaries
Total Monthly Price$1,007 - $1,181

Desert Creek Apartments

4300 Pan American Fwy NE, Albuquerque, NM 87107

Call (855) 957-6071
1 BED

$845

The Portals Apartments

1180 Alvarado Dr SE, Albuquerque, NM 87108

Call (505) 405-4866
1 BED

$845

Plaza Del Sol

309 Sierra Dr SE, Albuquerque, NM 87108
1 Month Free

1 Month Free

1 BED

$849

Total Monthly Price Total Monthly Price New
Base Rent$849 - $899
Utilities & EssentialsVaries
Total Monthly Price$849 - $899

Copper Hills

4200 Spanish Bit NE, Albuquerque, NM 87111

Call (505) 544-5147
1 BED

$849

Mission Hill Apartments

10000 Menaul Blvd NE, Albuquerque, NM 87112
1 BED, 1 BATH

$850

Beautiful Apartment Community with Residential Courtyard Unit 533 Valencia 5

533 Valencia Dr SE, Albuquerque, NM 87108
1 BED, 1 BATH

$850

148 General Arnold St NE Unit 4

148 General Arnold St NE, Albuquerque, NM 87123

Showing 42 of 291 results, Page 1 of 7

Albuquerque at a Glance

Average Rent

$1,157

(All bedrooms and property types)

Learn more about

Average Rent in Albuquerque

School Rating

out of 10 Rating

Learn more about

Schools in Albuquerque

Albuquerque, NM Cheap 1 Bedroom Apartments for Rent

When looking for cheap apartments in Albuquerque, Apartment Finder is your deal-hunting partner. Whether you’re looking for a studio, a one-bedroom, or a two-bedroom apartment, you want the best place at the right price. We have a great selection of budget-friendly apartments for rent, and we’ll show you which apartments offer the best value when compared to other apartments in Albuquerque.

Finding a rental that fits your budget without compromising on quality can seem like a challenge, but Apartment Finder makes it easy to discover cheap apartments with all the features you want. To find an apartment you can afford, try looking in less popular neighborhoods outside of the city center. Timing is everything when searching for rentals that are affordable, so look at different times of the day, different days of the week and (if you can wait) certain months like December through March. When you find an apartment with a great price, don’t hesitate! Cheap apartments tend to go very quickly.

Affordability doens't have to equal sacrifice. While it’s important to be flexible, you might not have to give up as much as you think. You can find a cheap apartment for rent, complete with must-have amenities such as paid utilities and an in-unit washer and dryer. Click on any of these properties to see photos and floor plans, read reviews, check out the rent calculator, and learn more about the neighborhood with information on nearby parks, shopping malls, and transit stops. With 291 cheap apartments available in Albuquerque Apartment Finder is the place to find your next rental.

Renting in Albuquerque

Average Rental Rates and Apartment Sizes

Apartment Type Average Sq Ft Average Rent
Studio 411 Sq Ft $864 / mo
1 Bedroom 668 Sq Ft $1,157 / mo
2 Bedrooms 961 Sq Ft $1,436 / mo
3 Bedrooms 1,244 Sq Ft $1,846 / mo
4 Bedrooms 1,395 Sq Ft $1,988 / mo

Top Budget-Friendly Neighborhoods in Albuquerque

(For 1 bedroom apartments)

Neighborhoods Average Sq Ft Average Rent
Trumbull Village 564 Sq Ft $833/mo
Fair West 581 Sq Ft $946/mo
Ridgecrest 640 Sq Ft $947/mo
Supper Rock 628 Sq Ft $950/mo
Alamedan Valley 560 Sq Ft $956/mo
Jerry Cline Park 614 Sq Ft $956/mo
La Mesa 544 Sq Ft $957/mo
South San Pedro 645 Sq Ft $960/mo
Virginia Place 663 Sq Ft $963/mo
Laurelwoods 685 Sq Ft $964/mo

Discover the cheapest neighborhoods in Albuquerque

Education

College/University High School

Central NM C.C., Albuquerque

Public University

University of New Mexico

Public University

Central NM C.C., Sourth Valley South Valley Campus

Public University

Central NM C.C., Adv Tech Ctr Advanced Technology Center

Public University

Central NM C.C., WTC Workforce Training Center

Public University

GreatSchools Rating

Siembra Leadership High School

Public High School

Public

Grades 9-12

Students

Apartments for Rent Near Albuquerque

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Cheap One Bedroom Apartments for Rent in Albuquerque, NM

Albuquerque at a Glance

Average Rent

School Rating

Albuquerque, NM Cheap 1 Bedroom Apartments for Rent

Renting in Albuquerque

Average Rental Rates and Apartment Sizes

Top Budget-Friendly Neighborhoods in Albuquerque

Education

Apartments for Rent Near Albuquerque

Specialty Housing

Choose by Amenities

Albuquerque Apartments for Rent in Your Budget

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