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Cheap Apartments for Rent in Albuquerque, NM

4,447 Rentals
.
  5. Interior Photo - Desert Creek Apartments
    STUDIO
    $814+
    1 BED
    $1,007+
    2 BEDS
    $1,230+
    Total Monthly Price Total Monthly Price New
    Base Rent$650 - $1,286
    Required Monthly Fees$164
    Utilities & EssentialsVaries
    Total Monthly Price$814 - $1,450

    Desert Creek Apartments

    4300 Pan American Fwy NE, Albuquerque, NM 87107
    (855) 957-6071
  14. Building Photo - El Sol
    1 BED
    $725

    El Sol

    1201 Iron Ave SW, Albuquerque, NM 87102
  18. Building Photo - Carousel
    STUDIO
    $740

    Carousel

    401 14th St, Albuquerque, NM 87104
  28. Building Photo - Tesota Four Hills
    $386 Off
    Price Drop. $386 Off
    |
    1 BED
    $843+
    2 BEDS
    $803+
    3 BEDS
    $923+
    Total Monthly Price Total Monthly Price New
    Base Rent$769 - $2,380
    Required Monthly Fees$33
    Utilities & EssentialsVaries
    Total Monthly Price$802 - $2,413

    Tesota Four Hills

    301 Western Skies Dr SE, Albuquerque, NM 87123
    (505) 502-4038
  29. Building Photo - Comanche Wells
    STUDIO
    $785+
    1 BED
    $915+
    2 BEDS
    $1,114+
    Total Monthly Price Total Monthly Price New
    Base Rent$770 - $2,834
    Required Monthly Fees$15
    Utilities & EssentialsVaries
    Total Monthly Price$785 - $2,849

    Comanche Wells

    3400 Comanche Rd NE, Albuquerque, NM 87107
    (505) 207-1958
Showing 42 of 602 results, Page 1 of 15

Albuquerque at a Glance

Average Rent

$1,163
(All bedrooms and property types)
Learn more about
Average Rent in Albuquerque
8

School Rating

out of 10 Rating
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Schools in Albuquerque

Albuquerque, NM Cheap Apartments for Rent

When looking for cheap apartments in 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 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 602 cheap apartments available in Albuquerque Apartment Finder is the place to find your next rental.

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

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

Apartments for Rent Near Albuquerque

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Albuquerque Apartments for Rent in Your Budget

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