STUDIO
$740
Deals & Discount Filters
Cheap Apartments for Rent in Downtown Albuquerque
210 Rentals
-
-
STUDIO$845+1 BED$740+Silver Gardens Apartments
100 Silver Ave SW, Albuquerque, NM 87102 -
-
STUDIO$850+1 BED$960+2 BEDS$1,301+Villa de San Felipe
501 Coal Ave SW, Albuquerque, NM 87102 -
STUDIO$900+1 BED$1,125+2 BEDS$1,699+3 BEDS$1,925+Zocalo Lofts
400 Coal Ave SW, Albuquerque, NM 87102 -
STUDIO$900+1 BED$1,055+2 BEDS$1,275+Imperial Apts
205 Silver Ave SW, Albuquerque, NM 87102 -
-
2 BEDS, 1 BATH$925206 Arno St NE Unit 1
206 Arno St NE, Albuquerque, NM 87102 -
1 BED, 1 BATH$9751311 Barelas Rd SW
1311 Barelas Rd SW, Albuquerque, NM 87102 -
1 BED, 1 BATH$975
NEWLY REMODELED 1 BED 1 BATH Coming Soon!!
1311 Barelas Rd SW, Albuquerque, NM 87102 -
1 BED, 1 BATH$995
240 Wheeler Ave SE Unit A
240 Wheeler Ave SE, Albuquerque, NM 87102 -
1 BED, 1 BATH$995
240 Wheeler Ave SE Unit B
240 Wheeler Ave SE, Albuquerque, NM 87102 -
STUDIO$1,095+1 BED$1,045+2 BEDS$1,295+Nine-O-Nine Apartments
909 Tijeras Ave NW, Albuquerque, NM 87102 -
2 BEDS, 1 BATH$1,095240 Wheeler Ave SE
240 Wheeler Ave SE, Albuquerque, NM 87102 -
Price Drop. $224 Off|STUDIO$1,099+1 BED$1,199+2 BEDS$1,636+Alvarado Apartments
611 Lead Ave SW, Albuquerque, NM 87102 -
STUDIO$1,120+1 BED$1,175+2 BEDS$1,555+3 BEDS$1,700+The Artisan @ Sawmill Village
1751 Bellamah Ave NW, Albuquerque, NM 87104 -
2 BEDS, 1 BATH$1,1601102 Edith Blvd SE Unit 1
1102 Edith Blvd SE, Albuquerque, NM 87102 -
Price Drop. $998 Off|1 BED$1,175+2 BEDS$1,294+3 BEDS$1,546+Valley Apartments
1800-1812 Indian School Rd NW, Albuquerque, NM 87104 -
-
1 BED, 1 BATH$1,475Albuquerque High Gym Lofts top floor
300 Tijeras Ave NE, Albuquerque, NM 87102 -
1 BED, 1 BATH$1,500Park Plaza!
1331 Park Ave SW, Albuquerque, NM 87102 -
2 BEDS, 1.5 BATHS$1,500
Downtown 2bd Townhouse! Balcony, off-stree...
700 Fruit Ave NW, Albuquerque, NM 87102 -
2 BEDS, 1.5 BATHS$1,500
700 Fruit Ave NW
700 Fruit Ave NW, Albuquerque, NM 87102 -
-
-
1 BED, 1.5 BATHS$1,650100 Gold Ave SW
100 Gold Ave SW, Albuquerque, NM 87102 -
1 BED, 1 BATH$1,700950 4th St SW Unit 303
950 4th St SW, Albuquerque, NM 87102 -
3 BEDS, 1 BATH$1,704North Valley Charm!
2821 Socorro St NW, Albuquerque, NM 87104 -
3 BEDS, 2 BATHS$1,750North valley 3 bedroom 2/BA 1245/sf 1/CG 2...
1220 Rosemont Ave NW, Albuquerque, NM 87104 -
1 BED, 1 BATH$1,770
223 Edith Blvd SE
223 Edith Blvd SE, Albuquerque, NM 87102 -
1 BED$1,795+3 BEDS$2,895+Huning Castle Apartments
1500 Central Ave SW, Albuquerque, NM 87104 -
2 BEDS, 1 BATH$1,9001212 Gold Ave SW Unit 1212 Gold SW Duplex
1212 Gold Ave SW, Albuquerque, NM 87102 -
2 BEDS, 1 BATH$1,900Two Bedroom One Bath home or sweet little ...
1015 5th St NW, Albuquerque, NM 87102 -
-
3 BEDS, 2 BATHS$2,1001735 Avenida Real
1735 Avenida Real, Albuquerque, NM 87105 -
1 BED, 2 BATHS$2,100343 Platinum St SW
343 Platinum St SW, Albuquerque, NM 87102 -
3 BEDS, 2 BATHS$2,100
1735 Avenida Real
1735 Avenida Real, Albuquerque, NM 87105 -
1 BED, 1.5 BATHS$2,100
343 Platinum St SW Unit B
343 Platinum St SW, Albuquerque, NM 87102 -
2 BEDS, 1.5 BATHS$2,100COMING SOON Beautiful 2BR , 2BA 2nd floor ...
201 Arno St NE, Albuquerque, NM 87102 -
3 BEDS, 1 BATH$2,100Delightful 3 Bedroom, 1 Bathroom Home in t...
1315 Jeannette Ave SW, Albuquerque, NM 87105 -
2 BEDS, 1.5 BATHS$2,222524 Central Ave SE Unit 802
524 Central Ave SE, Albuquerque, NM 87102
Showing 42 of 54 results, Page 1 of 2
Albuquerque at a Glance
Cheap Apartments in Downtown Albuquerque Neighborhood in Albuquerque, NM
When looking for cheap apartments in Downtown Albuquerque, Apartment Finder is your deal-hunting partner. Whether you’re looking for a studio, a one-bedroom, or a two-bedroom apartment, you want the best place at the right price. We have a great selection of budget-friendly apartments for rent, and we’ll show you which apartments offer the best value when compared to other apartments in Downtown Albuquerque.
Finding a rental that fits your budget without compromising on quality can seem like a challenge, but Apartment Finder makes it easy to discover cheap apartments with all the features you want. To find an apartment you can afford, try looking in less popular neighborhoods outside of the city center. Timing is everything when searching for rentals that are affordable, so look at different times of the day, different days of the week and (if you can wait) certain months like December through March. When you find an apartment with a great price, don’t hesitate! Cheap apartments tend to go very quickly.
Affordability doens't have to equal sacrifice. While it’s important to be flexible, you might not have to give up as much as you think. You can find a cheap apartment for rent, complete with must-have amenities such as paid utilities and an in-unit washer and dryer. Click on any of these properties to see photos and floor plans, read reviews, check out the rent calculator, and learn more about the neighborhood with information on nearby parks, shopping malls, and transit stops. With 54 cheap apartments available in Downtown Albuquerque, Apartment Finder is the place to find your next rental.
Top Budget-Friendly Neighborhoods in Albuquerque
(For 1 bedroom apartments)- Neighborhoods Average Sq Ft Average Rent
- Fair West 590 Sq Ft $889/mo
- South San Pedro 652 Sq Ft $926/mo
- Ridgecrest 653 Sq Ft $927/mo
- Virginia Place 640 Sq Ft $939/mo
- Laurelwoods 678 Sq Ft $964/mo
- Matheson Park 576 Sq Ft $971/mo
- Monterey Manor 676 Sq Ft $982/mo
- Supper Rock 658 Sq Ft $983/mo
- Parkside Estates 658 Sq Ft $983/mo
- Corte De Paz 682 Sq Ft $987/mo
Discover the cheapest neighborhoods in Albuquerque
Getting Around Albuquerque
Education
Data provided by GreatSchools.org 2025 © 2025. All rights reserved.
Select Bedrooms
Specialty Housing
tooltips
Submitting Request
Thank You
About Our Deals
Apartment Finder utilizes the industry's largest and most complete database of real-time rents and availabilities to help you find an amazing deal on your next rental.
Price Drop
Apartment communities change their rental rates often - sometimes multiple times a day. We track the changes and keep you up to date when a rental rate decreases.
Best Value
"Best value" units are located in buildings rated three stars or higher. We label apartment rentals that are priced significantly less than similar high-quality units nearby.
Rent Specials
Apartment communities regularly advertise deals for new residents. Whether it's a move-in special or a free tv, we locate the rentals that offer a little something extra when you sign your lease.
Note: Based on community-supplied data and independent market research. Subject to change without notice.