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

2,432 Rentals
.
  1. Building Photo - Arrowhead Pointe
    Good Value
    1 BED
    $1,013+
    2 BEDS
    $1,257+
    Total Monthly Price Total Monthly Price New
    Base Rent$943 - $1,338
    Required Monthly Fees$70 - $75
    Utilities & EssentialsVaries
    Total Monthly Price$1,013 - $1,413

    Arrowhead Pointe

    12021 Skyline Rd NE, Albuquerque, NM 87123
    (505) 207-2936
  2. Building Photo - Union 505
    $88 Off
    Price Drop. $88 Off
    |
    STUDIO
    $785+
    1 BED
    $945+
    2 BEDS
    $1,147+
    Total Monthly Price Total Monthly Price New
    Base Rent$774 - $2,274
    Required Monthly Fees$11
    Utilities & EssentialsVaries
    Total Monthly Price$785 - $1,214

    Union 505

    801 Locust Pl NE, Albuquerque, NM 87102
    (855) 904-4355
  3. Rent Special
    Rent Special
    STUDIO
    $799+
    1 BED
    $955+
    2 BEDS
    $1,140+

    Rock Creek

    3135 Comanche Rd NE, Albuquerque, NM 87107
    (505) 207-4175
  4. $349 Off
    Price Drop. $349 Off
    |
    1 BED
    $1,542
    Total Monthly Price Total Monthly Price New
    Base Rent$1,348 - $1,453
    Required Monthly Fees$194
    Utilities & EssentialsVaries
    Total Monthly Price$1,542 - $1,647

    Encanto at Mesa Del Sol

    2500 Bobby Foster Rd SE, Albuquerque, NM 87106
    (505) 207-6838
  5. 1 Month Free
    1 Month Free
    |
    STUDIO
    $1,581+
    1 BED
    $1,607+
    Total Monthly Price Total Monthly Price New
    Base Rent$1,462 - $1,592
    Required Monthly Fees$119
    Utilities & EssentialsVaries
    Total Monthly Price$1,581 - $1,711

    The Senary by Allaso

    7501 Jefferson St NE, Albuquerque, NM 87109
    (505) 600-7628
  6. Exceptional Value
    |
    STUDIO
    $1,050+
    1 BED
    $1,114+
    2 BEDS
    $1,191+
    Total Monthly Price Total Monthly Price New
    Base Rent$1,022 - $1,518
    Required Monthly Fees$28
    Utilities & EssentialsVaries
    Total Monthly Price$1,050 - $1,327

    Eagle Point Apartments

    4401 Morris St NE, Albuquerque, NM 87111
    (844) 423-2361
  7. Good Value
    |
    1 BED
    $1,138+
    2 BEDS
    $1,503+
    Total Monthly Price Total Monthly Price New
    Base Rent$1,057 - $1,517
    Required Monthly Fees$81
    Utilities & EssentialsVaries
    Total Monthly Price$1,138 - $1,598

    Calero

    8000 Montgomery Blvd NE, Albuquerque, NM 87109
    (505) 392-5431
  8. $200 Off
    Price Drop. $200 Off
    |
    1 BED
    $1,386+
    2 BEDS
    $1,531+
    Total Monthly Price Total Monthly Price New
    Base Rent$1,300 - $1,613
    Required Monthly Fees$64
    Utilities & EssentialsVaries
    Total Monthly Price$1,386 - $1,677

    Lumen

    701 Stephen Moody St SE, Albuquerque, NM 87123
    (505) 551-0853
  9. 1 Month Free
    1 Month Free
    1 BED
    $1,539
    Total Monthly Price Total Monthly Price New
    Base Rent$1,406 - $1,483
    Required Monthly Fees$133 - $153
    Utilities & EssentialsVaries
    Total Monthly Price$1,539 - $1,636

    Ottavo

    6350 Eubank Blvd NE, Albuquerque, NM 87111
    (505) 666-4105
  10. $147 Off
    Price Drop. $147 Off
    |
    1 BED
    $1,152+
    2 BEDS
    $1,353+
    Total Monthly Price Total Monthly Price New
    Base Rent$984 - $1,291
    Required Monthly Fees$168
    Utilities & EssentialsVaries
    Total Monthly Price$1,152 - $1,408

    Odyssey Apartments

    10600 Cibola Loop NW, Albuquerque, NM 87114
    (505) 448-0751
  13. Good Value
    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
  15. 1 Month Free
    1 Month Free
    1 BED
    $999+
    2 BEDS
    $1,153+
    Total Monthly Price Total Monthly Price New
    Base Rent$999 - $1,253
    Utilities & EssentialsVaries
    Total Monthly Price$999 - $1,253

    Copper Hills

    4200 Spanish Bit NE, Albuquerque, NM 87111
    (505) 544-5147
  16. $225 Off
    Price Drop. $225 Off
    |
    STUDIO
    $899+
    1 BED
    $995+
    2 BEDS
    $1,265+

    Dorado Heights

    11800 Montgomery Blvd NE, Albuquerque, NM 87111
    (505) 551-3391
  17. 1 Month Free
    1 Month Free
    |
    1 BED
    $1,386+
    2 BEDS
    $1,576+
    Total Monthly Price Total Monthly Price New
    Base Rent$1,305 - $1,495
    Required Monthly Fees$81
    Utilities & EssentialsVaries
    Total Monthly Price$1,386 - $1,576

    Uptown Square

    7000 Phoenix Ave NE, Albuquerque, NM 87110
    (505) 502-3407
  20. $537 Off
    Price Drop. $537 Off
    1 BED
    $1,218+
    2 BEDS
    $1,378+
    Total Monthly Price Total Monthly Price New
    Base Rent$1,173 - $2,207
    Required Monthly Fees$45
    Utilities & EssentialsVaries
    Total Monthly Price$1,218 - $1,628

    The Aubry

    9180 Coors Rd NW, Albuquerque, NM 87120
    (505) 336-7956
  21. $255 Off
    Price Drop. $255 Off
    1 BED
    $1,165+
    2 BEDS
    $1,247+
    Total Monthly Price Total Monthly Price New
    Base Rent$1,128 - $1,353
    Required Monthly Fees$37
    Utilities & EssentialsVaries
    Total Monthly Price$1,165 - $1,247

    Aydan

    6000 Montano Plaza Dr NW, Albuquerque, NM 87120
    (855) 518-2202
  23. $287 Off
    Price Drop. $287 Off
    1 BED
    $1,174+
    2 BEDS
    $1,122+
    Total Monthly Price Total Monthly Price New
    Base Rent$1,051 - $1,631
    Required Monthly Fees$71
    Utilities & EssentialsVaries
    Total Monthly Price$1,122 - $1,702

    Sun Plaza

    4400 Montgomery Blvd NE, Albuquerque, NM 87109
    (505) 219-4714
  24. Rent Special
    Rent Special
    1 BED
    $952+
    2 BEDS
    $1,143+
    Total Monthly Price Total Monthly Price New
    Base Rent$915 - $1,293
    Required Monthly Fees$37
    Utilities & EssentialsVaries
    Total Monthly Price$952 - $1,330

    Tesota Morningside

    3958 Montgomery Blvd NE, Albuquerque, NM 87109
    (505) 421-7223
  25. Discounts
    Discounts
    |
    1 BED
    $965+
    2 BEDS
    $975+
    3 BEDS
    $1,415+

    The Ridge

    557 Tramway Blvd NE, Albuquerque, NM 87123
    (505) 551-3425
  30. $191 Off
    Price Drop. $191 Off
    1 BED
    $988+
    2 BEDS
    $1,078+
    Total Monthly Price Total Monthly Price New
    Base Rent$914 - $1,301
    Required Monthly Fees$74
    Utilities & EssentialsVaries
    Total Monthly Price$988 - $1,375

    Milo

    4217 Louisiana Blvd NE, Albuquerque, NM 87109
    (505) 657-5477
  31. $154 Off
    Price Drop. $154 Off
    |
    1 BED
    $1,087+
    2 BEDS
    $1,139+
    Total Monthly Price Total Monthly Price New
    Base Rent$1,016 - $1,084
    Required Monthly Fees$71
    Utilities & EssentialsVaries
    Total Monthly Price$1,087 - $1,155

    Valley Apartments

    1812 Indian School Rd NW, Albuquerque, NM 87104
    (505) 300-2929
  32. 1 Month Free
    1 Month Free
    |
    1 BED
    $1,374

    Solaire

    3550 Old Airport Rd NW, Albuquerque, NM 87114
    (505) 502-4231
  34. 1 Month Free
    1 Month Free
    1 BED
    $1,141+
    2 BEDS
    $1,375+
    Total Monthly Price Total Monthly Price New
    Base Rent$1,100 - $4,064
    Required Monthly Fees$41
    Utilities & EssentialsVaries
    Total Monthly Price$1,141 - $1,695

    AYA ABQ

    5324 San Mateo Blvd NE, Albuquerque, NM 87109
    (844) 615-0056
  36. $187 Off
    Price Drop. $187 Off
    |
    STUDIO
    $1,483+
    1 BED
    $1,559+
    Total Monthly Price Total Monthly Price New
    Base Rent$1,370 - $1,491
    Required Monthly Fees$113
    Utilities & EssentialsVaries
    Total Monthly Price$1,483 - $1,604

    Allaso Journal Center

    7800 Headline Blvd NE, Albuquerque, NM 87109
    (505) 322-6447
  37. Rent Special
    Rent Special
    |
    1 BED
    $1,554
    Total Monthly Price Total Monthly Price New
    Base Rent$1,435
    Required Monthly Fees$119
    Utilities & EssentialsVaries
    Total Monthly Price$1,554

    Allaso Vineyards

    8901 Holly Ave NE, Albuquerque, NM 87122
    (505) 207-0639
  38. $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
  41. 1 BED
    $1,180+
    2 BEDS
    $1,511+
    Total Monthly Price Total Monthly Price New
    Base Rent$1,135 - $2,321
    Required Monthly Fees$45
    Utilities & EssentialsVaries
    Total Monthly Price$1,180 - $1,571

    Stride West

    6101 Sequoia Rd NW, Albuquerque, NM 87120
    (855) 906-5878
  42. 1 Month Free
    1 Month Free
    1 BED
    $1,389
    Total Monthly Price Total Monthly Price New
    Base Rent$1,304 - $1,427
    Required Monthly Fees$85
    Utilities & EssentialsVaries
    Total Monthly Price$1,389 - $1,512

    Quincy

    5905 Tierra Antigua St NE, Albuquerque, NM 87111
    (505) 675-2829
Showing 42 of 365 results, Page 1 of 9

Living & Renting in Albuquerque

Albuquerque at a Glance

Average Rent

$1,166
(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
GreatSchools Rating
Eisenhower Middle School

Public Middle School

Public
Grades 6-8
818 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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