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Apartments under $1,500 for Rent in Albuquerque, NM

2,869 Rentals
  1. Good Value
    |
    STUDIO
    $947+
    1 BED
    $1,187+
    2 BEDS
    $1,405+
    Total Monthly Price Total Monthly Price New
    Base Rent$919 - $1,459
    Required Monthly Fees$28
    Utilities & EssentialsVaries
    Total Monthly Price$947 - $1,487

    Eagle Point Apartments

    4401 Morris St NE, Albuquerque, NM 87111
    (844) 423-2361
  2. Good Value
    1 BED
    $1,013+
    2 BEDS
    $1,297+
    Total Monthly Price Total Monthly Price New
    Base Rent$943 - $1,338
    Required Monthly Fees$70 - $75
    Total Monthly Price$1,013 - $1,413

    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. Price Drop. $233 Off
    |
    1 BED
    $1,400
    Total Monthly Price Total Monthly Price New
    Base Rent$1,257 - $1,312
    Required Monthly Fees$143
    Utilities & EssentialsVaries
    Total Monthly Price$1,400 - $1,455

    Diamond Mesa

    2300 Diamond Mesa Trl SW, Albuquerque, NM 87121
    (505) 207-9861
  5. 1 Month Free
    |
    1 BED
    $1,654
    Total Monthly Price Total Monthly Price New
    Base Rent$1,460 - $1,607
    Required Monthly Fees$194
    Utilities & EssentialsVaries
    Total Monthly Price$1,654 - $1,801

    Encanto at Mesa Del Sol

    2500 Bobby Foster Rd SE, Albuquerque, NM 87106
    (505) 207-6838
  6. Price Drop. $610 Off
    |
    STUDIO
    $1,520+
    1 BED
    $1,582+
    Total Monthly Price Total Monthly Price New
    Base Rent$1,401 - $1,505
    Required Monthly Fees$119
    Utilities & EssentialsVaries
    Total Monthly Price$1,520 - $1,624

    The Senary by Allaso

    7501 Jefferson St NE, Albuquerque, NM 87109
    (505) 600-7628
  7. |
    1 BED
    $1,249
    Total Monthly Price Total Monthly Price New
    Base Rent$1,167 - $1,336
    Required Monthly Fees$82
    Utilities & EssentialsVaries
    Total Monthly Price$1,249 - $1,418

    Glo Apartments

    3901 Indian School Rd NE, Albuquerque, NM 87110
    (505) 391-4278
  8. 1 Month Free
    1 BED
    $857+
    2 BEDS
    $1,107+
    3 BEDS
    $1,527+
    Total Monthly Price Total Monthly Price New
    Base Rent$825 - $1,495
    Required Monthly Fees$32
    Utilities & EssentialsVaries
    Total Monthly Price$857 - $1,527

    Tesota Midtown

    200 Figueroa St NE, Albuquerque, NM 87123
    (505) 502-3425
  9. Price Drop. $290 Off
    1 BED
    $1,131+
    2 BEDS
    $1,528+
    Total Monthly Price Total Monthly Price New
    Base Rent$1,067 - $1,464
    Required Monthly Fees$64
    Utilities & EssentialsVaries
    Total Monthly Price$1,131 - $1,528

    The June

    13150 Wenonah Ave SE, Albuquerque, NM 87123
    (505) 551-3567
  10. Price Drop. $273 Off
    |
    1 BED
    $852+
    2 BEDS
    $735+
    3 BEDS
    $1,176+
    Total Monthly Price Total Monthly Price New
    Base Rent$701 - $2,743
    Required Monthly Fees$34
    Utilities & EssentialsVaries
    Total Monthly Price$735 - $2,777

    Tesota Four Hills

    301 Western Skies Dr SE, Albuquerque, NM 87123
    (505) 502-4038
  11. |
    1 BED
    $1,171+
    2 BEDS
    $1,349+
    Total Monthly Price Total Monthly Price New
    Base Rent$1,089 - $1,400
    Required Monthly Fees$82
    Utilities & EssentialsVaries
    Total Monthly Price$1,171 - $1,482

    Calero

    8000 Montgomery Blvd NE, Albuquerque, NM 87109
    (505) 392-5431
  12. 1 Month Free
    |
    1 BED
    $1,527
    Total Monthly Price Total Monthly Price New
    Base Rent$1,463 - $1,489
    Required Monthly Fees$64
    Utilities & EssentialsVaries
    Total Monthly Price$1,527 - $1,553

    Lumen

    701 Stephen Moody St SE, Albuquerque, NM 87123
    (505) 551-0853
  13. 1 Month Free
    1 BED
    $1,508
    Total Monthly Price Total Monthly Price New
    Base Rent$1,375 - $1,433
    Required Monthly Fees$133 - $153
    Utilities & EssentialsVaries
    Total Monthly Price$1,508 - $1,586

    Ottavo

    6350 Eubank Blvd NE, Albuquerque, NM 87111
    (505) 666-4105
  14. Good Value
    |
    STUDIO
    $1,154+
    1 BED
    $1,186+
    2 BEDS
    $1,467+
    Total Monthly Price Total Monthly Price New
    Base Rent$986 - $1,487
    Required Monthly Fees$168
    Utilities & EssentialsVaries
    Total Monthly Price$1,154 - $1,655

    Odyssey Apartments

    10600 Cibola Loop NW, Albuquerque, NM 87114
    (505) 448-0751
  15. 1 BED
    $1,143+
    2 BEDS
    $1,266+
    Total Monthly Price Total Monthly Price New
    Base Rent$1,118 - $1,339
    Required Monthly Fees$25
    Utilities & EssentialsVaries
    Total Monthly Price$1,143 - $1,364

    The Reserve

    1001 Tramway Blvd NE, Albuquerque, NM 87112
    (505) 273-7521
  16. 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
  17. Good Value
    1 BED
    $1,431+
    2 BEDS
    $1,412+
    Total Monthly Price Total Monthly Price New
    Base Rent$1,367 - $1,688
    Required Monthly Fees$45
    Utilities & EssentialsVaries
    Total Monthly Price$1,412 - $1,733

    The Aubry

    9180 Coors Rd NW, Albuquerque, NM 87120
    (505) 336-7956
  18. 1 BED
    $1,199+
    2 BEDS
    $1,362+
    Total Monthly Price Total Monthly Price New
    Base Rent$1,162 - $1,350
    Required Monthly Fees$37
    Utilities & EssentialsVaries
    Total Monthly Price$1,199 - $1,387

    Aydan

    6000 Montano Plaza Dr NW, Albuquerque, NM 87120
    (855) 518-2202
  19. Price Drop. $582 Off
    1 BED
    $1,069+
    2 BEDS
    $1,507+
    Total Monthly Price Total Monthly Price New
    Base Rent$998 - $1,801
    Required Monthly Fees$71
    Utilities & EssentialsVaries
    Total Monthly Price$1,069 - $1,872

    Sun Plaza

    4400 Montgomery Blvd NE, Albuquerque, NM 87109
    (505) 219-4714
  20. Rent Special
    1 BED
    $972+
    2 BEDS
    $1,163+
    Total Monthly Price Total Monthly Price New
    Base Rent$935 - $1,348
    Required Monthly Fees$37
    Utilities & EssentialsVaries
    Total Monthly Price$972 - $1,385

    Tesota Morningside

    3958 Montgomery Blvd NE, Albuquerque, NM 87109
    (505) 421-7223
  21. Price Drop. $234 Off
    1 BED
    $961+
    2 BEDS
    $1,243+
    Total Monthly Price Total Monthly Price New
    Base Rent$887 - $1,446
    Required Monthly Fees$74
    Utilities & EssentialsVaries
    Total Monthly Price$961 - $1,520

    Milo

    4217 Louisiana Blvd NE, Albuquerque, NM 87109
    (505) 657-5477
  22. 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
  23. Good Value
    1 BED
    $1,268+
    2 BEDS
    $1,390+
    Total Monthly Price Total Monthly Price New
    Base Rent$1,227 - $1,557
    Required Monthly Fees$41
    Utilities & EssentialsVaries
    Total Monthly Price$1,268 - $1,598

    AYA ABQ

    5324 San Mateo Blvd NE, Albuquerque, NM 87109
    (844) 615-0056
  24. Rent Special
    |
    STUDIO
    $1,606
    Total Monthly Price Total Monthly Price New
    Base Rent$1,493
    Required Monthly Fees$113
    Utilities & EssentialsVaries
    Total Monthly Price$1,606

    Allaso Journal Center

    7800 Headline Blvd NE, Albuquerque, NM 87109
    (505) 322-6447
  25. 1 BED
    $1,322+
    2 BEDS
    $1,534+
    Total Monthly Price Total Monthly Price New
    Base Rent$1,217 - $1,514
    Required Monthly Fees$105
    Utilities & EssentialsVaries
    Total Monthly Price$1,322 - $1,619

    Stride West

    6101 Sequoia Rd NW, Albuquerque, NM 87120
    (855) 906-5878
  26. Good Value
    2 BEDS
    $1,532
    Total Monthly Price Total Monthly Price New
    Base Rent$1,447
    Required Monthly Fees$85
    Utilities & EssentialsVaries
    Total Monthly Price$1,532

    Quincy

    5905 Tierra Antigua St NE, Albuquerque, NM 87111
    (505) 675-2829
  27. |
    1 BED
    $1,149+
    2 BEDS
    $1,430+
    Total Monthly Price Total Monthly Price New
    Base Rent$1,089 - $1,460
    Required Monthly Fees$60
    Total Monthly Price$1,149 - $1,520

    MOUNTAIN VISTA

    1501 Tramway Blvd NE, Albuquerque, NM 87112
    (505) 509-5441
  28. 1 Month Free
    |
    STUDIO
    $1,000+
    1 BED
    $1,125+
    2 BEDS
    $1,315+

    Dorado Heights

    11800 Montgomery Blvd NE, Albuquerque, NM 87111
    (505) 551-3391
  29. |
    1 BED
    $1,446+
    2 BEDS
    $1,476+
    Total Monthly Price Total Monthly Price New
    Base Rent$1,365 - $1,555
    Required Monthly Fees$81
    Utilities & EssentialsVaries
    Total Monthly Price$1,446 - $1,636

    Uptown Square

    7000 Phoenix Ave NE, Albuquerque, NM 87110
    (505) 502-3407
Showing 42 of 381 results, Page 1 of 10

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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