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Apartments under $1,000 for Rent in Albuquerque, NM

484 Rentals
  1. Good Value
    1 BED
    $1,013
    Total Monthly Price Total Monthly Price New
    Base Rent$943
    Required Monthly Fees$70 - $75
    Utilities & EssentialsVaries
    Total Monthly Price$1,013 - $1,018

    Arrowhead Pointe

    12021 Skyline Rd NE, Albuquerque, NM 87123
    (505) 207-2936
  2. Price Drop. $99 Off
    |
    STUDIO
    $810+
    1 BED
    $922+
    Total Monthly Price Total Monthly Price New
    Base Rent$799 - $1,093
    Required Monthly Fees$11
    Utilities & EssentialsVaries
    Total Monthly Price$810 - $1,104

    Union 505

    801 Locust Pl NE, Albuquerque, NM 87102
    (855) 904-4355
  3. Good Value
    |
    1 BED
    $831+
    2 BEDS
    $857+
    Total Monthly Price Total Monthly Price New
    Base Rent$797 - $2,374
    Required Monthly Fees$34
    Utilities & EssentialsVaries
    Total Monthly Price$831 - $2,408

    Tesota Four Hills

    301 Western Skies Dr SE, Albuquerque, NM 87123
    (505) 502-4038
  4. Price Drop. $300 Off
    |
    1 BED
    $822
    Total Monthly Price Total Monthly Price New
    Base Rent$740 - $958
    Required Monthly Fees$82
    Utilities & EssentialsVaries
    Total Monthly Price$822 - $1,040

    Calero

    8000 Montgomery Blvd NE, Albuquerque, NM 87109
    (505) 392-5431
  5. Good Value
    |
    STUDIO
    $1,118+
    1 BED
    $1,164+
    Total Monthly Price Total Monthly Price New
    Base Rent$950 - $1,096
    Required Monthly Fees$168
    Utilities & EssentialsVaries
    Total Monthly Price$1,118 - $1,264

    Odyssey Apartments

    10600 Cibola Loop NW, Albuquerque, NM 87114
    (505) 448-0751
  6. Rent Special
    |
    1 BED
    $972
    Total Monthly Price Total Monthly Price New
    Base Rent$935
    Required Monthly Fees$37
    Utilities & EssentialsVaries
    Total Monthly Price$972

    Tesota Morningside

    3958 Montgomery Blvd NE, Albuquerque, NM 87109
    (505) 421-7223
  7. 1 Month Free
    1 BED
    $857
    Total Monthly Price Total Monthly Price New
    Base Rent$825 - $995
    Required Monthly Fees$32
    Utilities & EssentialsVaries
    Total Monthly Price$857 - $1,027

    Tesota Midtown

    200 Figueroa St NE, Albuquerque, NM 87123
    (505) 502-3425
  8. Price Drop. $150 Off
    |
    STUDIO
    $900+
    1 BED
    $1,100+
    Total Monthly Price Total Monthly Price New
    Base Rent$750 - $1,100
    Required Monthly Fees$150
    Utilities & EssentialsVaries
    Total Monthly Price$900 - $1,250

    Studios on Route 66

    13031 Central Ave NE, Albuquerque, NM 87123
    (505) 715-6592
  9. 1 BED
    $925
    Total Monthly Price Total Monthly Price New
    Base Rent$925 - $950
    Required Monthly FeesNone
    Total Monthly Price$925 - $950

    Playa Del Sol

    444 Florida St SE, Albuquerque, NM 87108
    (505) 715-4255
  10. Rent Special
    STUDIO
    $718
    Total Monthly Price Total Monthly Price New
    Base Rent$554 - $870
    Required Monthly Fees$164
    Utilities & EssentialsVaries
    Total Monthly Price$718 - $1,034

    Desert Creek Apartments

    4300 Pan American Fwy NE, Albuquerque, NM 87107
    (855) 957-6071
  11. 1 BED
    $1,021
    Total Monthly Price Total Monthly Price New
    Base Rent$950
    Required Monthly Fees$71
    Utilities & EssentialsVaries
    Total Monthly Price$1,021

    Valley Apartments

    1812 Indian School Rd NW, Albuquerque, NM 87104
    (505) 300-2929
Showing 42 of 198 results, Page 1 of 5

Living & Renting in Albuquerque

Albuquerque at a Glance

Average Rent

$1,179
(All bedrooms and property types)
Learn more about
Average Rent in Albuquerque
8

School Rating

out of 10 Rating
Learn more about
Schools in Albuquerque

Albuquerque, NM Apartments for Rent

Albuquerque stretches across the high desert between the Sandia Mountains and the Rio Grande, where over 300 days of sunshine annually create perfect conditions for outdoor enthusiasts and budget-conscious renters. If you're hunting for apartments for rent in Albuquerque, you'll discover a city that delivers affordable living alongside rich cultural heritage, from the historic adobe buildings of Old Town to the contemporary offerings of Uptown and Downtown neighborhoods.

Renting in Albuquerque makes sense for anyone who wants great value without giving up quality of life. Popular neighborhoods like Nob Hill serve up eclectic dining and nightlife near the University of New Mexico, while Uptown features upscale apartment communities with mountain views and shopping access. The city's spot at the intersection of I-25 and I-40 keeps commuting throughout the metro area simple, and the Rail Runner Express connects residents to surrounding areas. With average rents significantly below national averages and proximity to major employers like Sandia National Laboratories and Kirtland Air Force Base, Albuquerque offers a winning combination of affordability and opportunity.

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)

Education

GreatSchools Rating

Public High School

Public
Grades 9-12
452 Students
GreatSchools Rating

Public Middle School

Public
Grades 6-8
860 Students

Data provided by GreatSchools.org 2025 © 2025. All rights reserved.

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