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

2,482 Rentals
.
  1. Building Photo - Diamond Mesa
    $426 Off
    Price Drop. $426 Off
    |
    1 BED
    $1,518
    Total Monthly Price Total Monthly Price New
    Base Rent$1,443 - $4,015
    Required Monthly Fees$74
    Utilities & EssentialsVaries
    Total Monthly Price$1,517 - $4,089

    Diamond Mesa

    2300 Diamond Mesa Trl SW, Albuquerque, NM 87121
    (505) 207-9861
  2. Building Photo - Encanto at Mesa Del Sol
    $174 Off
    Price Drop. $174 Off
    |
    1 BED
    $1,630
    Total Monthly Price Total Monthly Price New
    Base Rent$1,436
    Required Monthly Fees$193
    Utilities & EssentialsVaries
    Total Monthly Price$1,629

    Encanto at Mesa Del Sol

    2500 Bobby Foster Rd SE, Albuquerque, NM 87106
    (505) 207-6838
  4. $117 Off
    Price Drop. $117 Off
    |
    STUDIO
    $909+
    1 BED
    $943+
    2 BEDS
    $1,209+
    Total Monthly Price Total Monthly Price New
    Base Rent$881 - $1,403
    Required Monthly Fees$27
    Utilities & EssentialsVaries
    Total Monthly Price$908 - $1,430

    Eagle Point Apartments

    4401 Morris St NE, Albuquerque, NM 87111
    (844) 423-2361
  5. Rent Special
    Rent Special
    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
  6. Rent Special
    Rent Special
    |
    STUDIO
    $852+
    1 BED
    $926+
    2 BEDS
    $1,280+
    Total Monthly Price Total Monthly Price New
    Base Rent$842 - $2,345
    Required Monthly Fees$10
    Utilities & EssentialsVaries
    Total Monthly Price$852 - $2,355

    Union 505

    801 Locust Pl NE, Albuquerque, NM 87102
    (855) 904-4355
  10. 1 Month Free
    1 Month Free
    1 BED
    $1,363
    Total Monthly Price Total Monthly Price New
    Base Rent$1,318 - $1,967
    Required Monthly Fees$44
    Utilities & EssentialsVaries
    Total Monthly Price$1,362 - $2,011

    The Aubry

    9180 Coors Rd NW, Albuquerque, NM 87120
    (505) 336-7956
  11. $252 Off
    Price Drop. $252 Off
    1 BED
    $1,147+
    2 BEDS
    $1,287+
    Total Monthly Price Total Monthly Price New
    Base Rent$1,111 - $1,391
    Required Monthly Fees$36
    Utilities & EssentialsVaries
    Total Monthly Price$1,147 - $1,427

    Aydan

    6000 Montano Plaza Dr NW, Albuquerque, NM 87120
    (855) 518-2202
  12. 1 Month Free
    1 Month Free
    1 BED
    $1,157+
    2 BEDS
    $1,210+
    Total Monthly Price Total Monthly Price New
    Base Rent$1,074 - $1,407
    Required Monthly Fees$83
    Utilities & EssentialsVaries
    Total Monthly Price$1,157 - $1,490

    Sun Plaza

    4400 Montgomery Blvd NE, Albuquerque, NM 87109
    (505) 219-4714
  13. Good Value
    1 BED
    $952+
    2 BEDS
    $1,143+
    Total Monthly Price Total Monthly Price New
    Base Rent$915 - $1,293
    Required Monthly Fees$36
    Utilities & EssentialsVaries
    Total Monthly Price$951 - $1,329

    Tesota Morningside

    3958 Montgomery Blvd NE, Albuquerque, NM 87109
    (505) 421-7223
  17. $225 Off
    Price Drop. $225 Off
    1 BED
    $1,150+
    2 BEDS
    $1,390+

    Overlook

    6200 Eubank Blvd NE, Albuquerque, NM 87111
    (505) 600-3187
  18. $104 Off
    Price Drop. $104 Off
    1 BED
    $952+
    2 BEDS
    $1,262+
    Total Monthly Price Total Monthly Price New
    Base Rent$865 - $1,375
    Required Monthly Fees$86
    Utilities & EssentialsVaries
    Total Monthly Price$951 - $1,461

    Milo

    4217 Louisiana Blvd NE, Albuquerque, NM 87109
    (505) 657-5477
  20. $498 Off
    Price Drop. $498 Off
    |
    1 BED
    $1,223+
    2 BEDS
    $1,362+
    Total Monthly Price Total Monthly Price New
    Base Rent$1,139 - $1,281
    Required Monthly Fees$83
    Utilities & EssentialsVaries
    Total Monthly Price$1,222 - $1,364

    Valley Apartments

    1812 Indian School Rd NW, Albuquerque, NM 87104
    (505) 300-2929
  21. Good Value
    |
    1 BED
    $1,330+
    2 BEDS
    $1,455+

    Solaire

    3550 Old Airport Rd NW, Albuquerque, NM 87114
    (505) 502-4231
  24. $173 Off
    Price Drop. $173 Off
    1 BED
    $1,163+
    2 BEDS
    $1,350+
    Total Monthly Price Total Monthly Price New
    Base Rent$1,123 - $4,136
    Required Monthly Fees$40
    Utilities & EssentialsVaries
    Total Monthly Price$1,163 - $4,176

    AYA ABQ

    5324 San Mateo Blvd NE, Albuquerque, NM 87109
    (844) 615-0056
  25. Good Value
    |
    STUDIO
    $1,561+
    1 BED
    $1,492+
    Total Monthly Price Total Monthly Price New
    Base Rent$1,379 - $1,505
    Required Monthly Fees$113
    Utilities & EssentialsVaries
    Total Monthly Price$1,492 - $1,618

    Allaso Journal Center

    7800 Headline Blvd NE, Albuquerque, NM 87109
    (505) 322-6447
  26. 1 BED
    $1,116+
    2 BEDS
    $1,376+
    Total Monthly Price Total Monthly Price New
    Base Rent$1,072 - $2,207
    Required Monthly Fees$44
    Utilities & EssentialsVaries
    Total Monthly Price$1,116 - $2,251

    Stride West

    6101 Sequoia Rd NW, Albuquerque, NM 87120
    (855) 906-5878
  27. $174 Off
    Price Drop. $174 Off
    1 BED
    $1,347
    Total Monthly Price Total Monthly Price New
    Base Rent$1,263 - $1,423
    Required Monthly Fees$84
    Utilities & EssentialsVaries
    Total Monthly Price$1,347 - $1,507

    Quincy

    5905 Tierra Antigua St NE, Albuquerque, NM 87111
    (505) 675-2829
  29. $255 Off
    Price Drop. $255 Off
    |
    STUDIO
    $1,286+
    1 BED
    $1,240+
    Total Monthly Price Total Monthly Price New
    Base Rent$1,159 - $1,340
    Required Monthly Fees$81
    Utilities & EssentialsVaries
    Total Monthly Price$1,240 - $1,421

    Glo Apartments

    3901 Indian School Rd NE, Albuquerque, NM 87110
    (505) 391-4278
  31. $145 Off
    Price Drop. $145 Off
    1 BED
    $857+
    2 BEDS
    $1,107+
    3 BEDS
    $1,407+
    Total Monthly Price Total Monthly Price New
    Base Rent$825 - $1,610
    Required Monthly Fees$31
    Utilities & EssentialsVaries
    Total Monthly Price$856 - $1,641

    Tesota Midtown

    200 Figueroa St NE, Albuquerque, NM 87123
    (505) 502-3425
  32. 1 Month Free
    1 Month Free
    1 BED
    $1,057+
    2 BEDS
    $1,266+
    Total Monthly Price Total Monthly Price New
    Base Rent$994 - $1,548
    Required Monthly Fees$63
    Utilities & EssentialsVaries
    Total Monthly Price$1,057 - $1,611

    The June

    13150 Wenonah Ave SE, Albuquerque, NM 87123
    (505) 551-3567
  34. Rent Special
    Rent Special
    |
    1 BED
    $1,135+
    2 BEDS
    $1,360+
    Total Monthly Price Total Monthly Price New
    Base Rent$1,075 - $1,564
    Required Monthly Fees$59
    Utilities & EssentialsVaries
    Total Monthly Price$1,134 - $1,623

    MOUNTAIN VISTA

    1501 Tramway Blvd NE, Albuquerque, NM 87112
    (505) 509-5441
  37. $369 Off
    Price Drop. $369 Off
    |
    1 BED
    $740+
    2 BEDS
    $803+
    3 BEDS
    $982+
    Total Monthly Price Total Monthly Price New
    Base Rent$706 - $2,213
    Required Monthly Fees$33
    Utilities & EssentialsVaries
    Total Monthly Price$739 - $2,246

    Tesota Four Hills

    301 Western Skies Dr SE, Albuquerque, NM 87123
    (505) 502-4038
  39. $222 Off
    Price Drop. $222 Off
    |
    1 BED
    $1,057+
    2 BEDS
    $1,167+
    Total Monthly Price Total Monthly Price New
    Base Rent$961 - $1,465
    Required Monthly Fees$96
    Utilities & EssentialsVaries
    Total Monthly Price$1,057 - $1,561

    Calero

    8000 Montgomery Blvd NE, Albuquerque, NM 87109
    (505) 392-5431
  40. 1 Month Free
    1 Month Free
    |
    1 BED
    $1,397
    Total Monthly Price Total Monthly Price New
    Base Rent$1,334 - $1,409
    Required Monthly Fees$63
    Utilities & EssentialsVaries
    Total Monthly Price$1,397 - $1,472

    Lumen

    701 Stephen Moody St SE, Albuquerque, NM 87123
    (505) 551-0853
  41. 1 Month Free
    1 Month Free
    1 BED
    $1,609
    Total Monthly Price Total Monthly Price New
    Base Rent$1,476 - $1,526
    Required Monthly Fees$133 - $153
    Utilities & EssentialsVaries
    Total Monthly Price$1,609 - $1,679

    Ottavo

    6350 Eubank Blvd NE, Albuquerque, NM 87111
    (505) 666-4105
  42. Exceptional Value
    |
    1 BED
    $1,266+
    2 BEDS
    $1,312+
    Total Monthly Price Total Monthly Price New
    Base Rent$1,098 - $1,596
    Required Monthly Fees$168
    Utilities & EssentialsVaries
    Total Monthly Price$1,266 - $1,764

    Odyssey Apartments

    10600 Cibola Loop NW, Albuquerque, NM 87114
    (505) 448-0751
Showing 42 of 357 results, Page 1 of 9

Living & Renting in Albuquerque

Albuquerque at a Glance

Average Rent

$1,157
(All bedrooms and property types)
Learn more about
Average Rent in Albuquerque
9

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
Students

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

Apartments for Rent Near Albuquerque

Albuquerque Apartments for Rent in Your Budget

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