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

807 Rentals
.
  1. Building Photo - Union 505
    Rent Special
    Rent Special
    |
    STUDIO
    $798+
    1 BED
    $907+
    Total Monthly Price Total Monthly Price New
    Base Rent$787 - $1,697
    Required Monthly Fees$11
    Utilities & EssentialsVaries
    Total Monthly Price$798 - $937

    Union 505

    801 Locust Pl NE, Albuquerque, NM 87102
    (855) 904-4355
  2. Building Photo - Eagle Point Apartments
    |
    STUDIO
    $995
    Total Monthly Price Total Monthly Price New
    Base Rent$967 - $1,235
    Required Monthly Fees$28
    Utilities & EssentialsVaries
    Total Monthly Price$995 - $1,007

    Eagle Point Apartments

    4401 Morris St NE, Albuquerque, NM 87111
    (844) 423-2361
  3. Good Value
    1 BED
    $1,013
    Total Monthly Price Total Monthly Price New
    Base Rent$943 - $983
    Required Monthly Fees$70 - $75
    Utilities & EssentialsVaries
    Total Monthly Price$1,013 - $1,058

    Arrowhead Pointe

    12021 Skyline Rd NE, Albuquerque, NM 87123
    (505) 207-2936
  6. $146 Off
    Price Drop. $146 Off
    1 BED
    $857
    Total Monthly Price Total Monthly Price New
    Base Rent$825 - $1,095
    Required Monthly Fees$32
    Utilities & EssentialsVaries
    Total Monthly Price$857 - $1,127

    Tesota Midtown

    200 Figueroa St NE, Albuquerque, NM 87123
    (505) 502-3425
  7. $247 Off
    Price Drop. $247 Off
    |
    1 BED
    $853+
    2 BEDS
    $866+
    Total Monthly Price Total Monthly Price New
    Base Rent$819 - $2,182
    Required Monthly Fees$34
    Utilities & EssentialsVaries
    Total Monthly Price$853 - $2,216

    Tesota Four Hills

    301 Western Skies Dr SE, Albuquerque, NM 87123
    (505) 502-4038
  9. 1 Month Free
    1 Month Free
    1 BED
    $899+
    2 BEDS
    $999+
    Total Monthly Price Total Monthly Price New
    Base Rent$899 - $1,099
    Utilities & EssentialsVaries
    Total Monthly Price$899 - $1,099

    Copper Hills

    4200 Spanish Bit NE, Albuquerque, NM 87111
    (505) 544-5147
  11. Rent Special
    Rent Special
    1 BED
    $952
    Total Monthly Price Total Monthly Price New
    Base Rent$915 - $999
    Required Monthly Fees$37
    Utilities & EssentialsVaries
    Total Monthly Price$952 - $1,036

    Tesota Morningside

    3958 Montgomery Blvd NE, Albuquerque, NM 87109
    (505) 421-7223
  15. $150 Off
    Price Drop. $150 Off
    STUDIO
    $900+
    1 BED
    $1,100+
    Total Monthly Price Total Monthly Price New
    Base Rent$750 - $950
    Required Monthly Fees$150
    Utilities & EssentialsVaries
    Total Monthly Price$900 - $1,100

    Studios on Route 66

    13031 Central Ave NE, Albuquerque, NM 87123
    (505) 715-6592
  25. Good Value
    STUDIO
    $1,018
    Total Monthly Price Total Monthly Price New
    Base Rent$940
    Required Monthly Fees$78
    Utilities & EssentialsVaries
    Total Monthly Price$1,018

    Canoan Village

    5300 Eubank Blvd NE, Albuquerque, NM 87111
    (505) 805-2732
  26. STUDIO
    $816+
    1 BED
    $976+
    Total Monthly Price Total Monthly Price New
    Base Rent$652 - $1,003
    Required Monthly Fees$164
    Utilities & EssentialsVaries
    Total Monthly Price$816 - $976

    Desert Creek Apartments

    4300 Pan American Fwy NE, Albuquerque, NM 87107
    (855) 957-6071
Showing 42 of 190 results, Page 1 of 5

Living & Renting in Albuquerque

Albuquerque at a Glance

Average Rent

$1,162
(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
Siembra Leadership High School

Public High School

Public
Grades 9-12
283 Students
GreatSchools Rating
Eisenhower Middle

Public Middle School

Public
Grades 6-8
818 Students

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

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