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Apartments under $1,200 for Rent in Albuquerque, NM

1,492 Rentals
  1. Good Value
    |
    STUDIO
    $947+
    1 BED
    $1,187+
    Total Monthly Price Total Monthly Price New
    Base Rent$919 - $1,324
    Required Monthly Fees$28
    Utilities & EssentialsVaries
    Total Monthly Price$947 - $1,352

    Eagle Point Apartments

    4401 Morris St NE, Albuquerque, NM 87111
    (844) 423-2361
  2. Good Value
    1 BED
    $1,013
    Total Monthly Price Total Monthly Price New
    Base Rent$943 - $1,080
    Required Monthly Fees$70 - $75
    Total Monthly Price$1,013 - $1,155

    Arrowhead Pointe

    12021 Skyline Rd NE, Albuquerque, NM 87123
    (505) 207-2936
  3. Price Drop. $173 Off
    |
    STUDIO
    $808+
    1 BED
    $981+
    2 BEDS
    $1,127+
    Total Monthly Price Total Monthly Price New
    Base Rent$797 - $1,247
    Required Monthly Fees$11
    Utilities & EssentialsVaries
    Total Monthly Price$808 - $1,258

    Union 505

    801 Locust Pl NE, Albuquerque, NM 87102
    (855) 904-4355
  4. 1 Month Free
    1 BED
    $857+
    2 BEDS
    $1,107+
    Total Monthly Price Total Monthly Price New
    Base Rent$825 - $1,175
    Required Monthly Fees$32
    Utilities & EssentialsVaries
    Total Monthly Price$857 - $1,207

    Tesota Midtown

    200 Figueroa St NE, Albuquerque, NM 87123
    (505) 502-3425
  5. 1 Month Free
    1 BED
    $1,131
    Total Monthly Price Total Monthly Price New
    Base Rent$1,067 - $1,217
    Required Monthly Fees$64
    Utilities & EssentialsVaries
    Total Monthly Price$1,131 - $1,281

    The June

    13150 Wenonah Ave SE, Albuquerque, NM 87123
    (505) 551-3567
  6. Price Drop. $272 Off
    |
    1 BED
    $852+
    2 BEDS
    $735+
    3 BEDS
    $1,176+
    Total Monthly Price Total Monthly Price New
    Base Rent$701 - $2,530
    Required Monthly Fees$34
    Utilities & EssentialsVaries
    Total Monthly Price$735 - $2,564

    Tesota Four Hills

    301 Western Skies Dr SE, Albuquerque, NM 87123
    (505) 502-4038
  7. |
    1 BED
    $1,171
    Total Monthly Price Total Monthly Price New
    Base Rent$1,089 - $1,214
    Required Monthly Fees$82
    Utilities & EssentialsVaries
    Total Monthly Price$1,171 - $1,296

    Calero

    8000 Montgomery Blvd NE, Albuquerque, NM 87109
    (505) 392-5431
  8. Good Value
    |
    STUDIO
    $1,154+
    1 BED
    $1,186+
    Total Monthly Price Total Monthly Price New
    Base Rent$986 - $1,242
    Required Monthly Fees$168
    Utilities & EssentialsVaries
    Total Monthly Price$1,154 - $1,410

    Odyssey Apartments

    10600 Cibola Loop NW, Albuquerque, NM 87114
    (505) 448-0751
  9. 1 BED
    $1,143
    Total Monthly Price Total Monthly Price New
    Base Rent$1,118
    Required Monthly Fees$25
    Utilities & EssentialsVaries
    Total Monthly Price$1,143

    The Reserve

    1001 Tramway Blvd NE, Albuquerque, NM 87112
    (505) 273-7521
  10. 1 Month Free
    1 BED
    $1,049+
    2 BEDS
    $1,053+
    Total Monthly Price Total Monthly Price New
    Base Rent$1,049 - $1,253
    Utilities & EssentialsVaries
    Total Monthly Price$1,049 - $1,253

    Copper Hills

    4200 Spanish Bit NE, Albuquerque, NM 87111
    (505) 544-5147
  11. 1 BED
    $1,199
    Total Monthly Price Total Monthly Price New
    Base Rent$1,162 - $1,187
    Required Monthly Fees$37
    Utilities & EssentialsVaries
    Total Monthly Price$1,199 - $1,224

    Aydan

    6000 Montano Plaza Dr NW, Albuquerque, NM 87120
    (855) 518-2202
  12. 1 BED
    $1,069
    Total Monthly Price Total Monthly Price New
    Base Rent$998 - $1,184
    Required Monthly Fees$71
    Utilities & EssentialsVaries
    Total Monthly Price$1,069 - $1,255

    Sun Plaza

    4400 Montgomery Blvd NE, Albuquerque, NM 87109
    (505) 219-4714
  13. Rent Special
    1 BED
    $972+
    2 BEDS
    $1,163+
    Total Monthly Price Total Monthly Price New
    Base Rent$935 - $1,227
    Required Monthly Fees$37
    Utilities & EssentialsVaries
    Total Monthly Price$972 - $1,264

    Tesota Morningside

    3958 Montgomery Blvd NE, Albuquerque, NM 87109
    (505) 421-7223
  14. Price Drop. $234 Off
    1 BED
    $961+
    2 BEDS
    $1,243+
    Total Monthly Price Total Monthly Price New
    Base Rent$887 - $1,169
    Required Monthly Fees$74
    Utilities & EssentialsVaries
    Total Monthly Price$961 - $1,243

    Milo

    4217 Louisiana Blvd NE, Albuquerque, NM 87109
    (505) 657-5477
  15. Rent Special
    |
    1 BED
    $901+
    2 BEDS
    $1,051+
    Total Monthly Price Total Monthly Price New
    Base Rent$830 - $1,154
    Required Monthly Fees$71
    Utilities & EssentialsVaries
    Total Monthly Price$901 - $1,225

    Valley Apartments

    1812 Indian School Rd NW, Albuquerque, NM 87104
    (505) 300-2929
  16. |
    1 BED
    $1,249
    Total Monthly Price Total Monthly Price New
    Base Rent$1,167 - $1,192
    Required Monthly Fees$82
    Utilities & EssentialsVaries
    Total Monthly Price$1,249 - $1,274

    Glo Apartments

    3901 Indian School Rd NE, Albuquerque, NM 87110
    (505) 391-4278
  17. |
    1 BED
    $1,149
    Total Monthly Price Total Monthly Price New
    Base Rent$1,089 - $1,139
    Required Monthly Fees$60
    Total Monthly Price$1,149 - $1,199

    MOUNTAIN VISTA

    1501 Tramway Blvd NE, Albuquerque, NM 87112
    (505) 509-5441
  18. Rent Special
    |
    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
Showing 42 of 286 results, Page 1 of 7

Living & Renting in Albuquerque

Albuquerque at a Glance

Average Rent

$1,177
(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
818 Students

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

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