Cheap Apartments for Rent in Albuquerque, NM
1,204 rentals
Use arrow keys to navigate$625 - $675/mo
Studio-1 Bed
1 BathArizona Street SE-1100-1108 | 1100-1108 Arizona St SE,
Albuquerque, NM 87108
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NEW - 1 DAY AGOSPECIAL OFFERPET FRIENDLYTotal price$700 - $1,145/moStudio-2 Beds1 BathCinnamon Tree Apartments | 7220 Central Ave SE,
Albuquerque, NM 87108
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SPECIAL OFFERPET FRIENDLYTotal price$713 - $1,657/moStudio-3 Beds1-2 BathsDesert Creek Apartments | 4300 Pan American Fwy NE,
Albuquerque, NM 87107
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SPECIAL OFFERPET FRIENDLYTotal price$745 - $1,333/mo1-3 Beds1-2 BathsTesota Four Hills | 301 Western Skies Dr SE,
Albuquerque, NM 87123
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Average Rent Trends in Albuquerque, NM
Rent in Albuquerque, NM varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent increased in Aug 2026 compared to the previous month. Rent previously peaked in Sep 2025.
| Month | Average rent |
|---|---|
| Sep 2025 | $1,700 |
| Oct 2025 | $1,695 |
| Nov 2025 | $1,700 |
| Dec 2025 | $1,668 |
| Jan 2026 | $1,660 |
| Feb 2026 | $1,650 |
| Mar 2026 | $1,667 |
| Apr 2026 | $1,600 |
| May 2026 | $1,501 |
| Jun 2026 | $1,500 |
| Jul 2026 | $1,500 |
| Aug 2026 | $1,600 |
Average Rent By Bedroom and Home Type
In August 2026, Apartments and Condos were the most affordable home type to rent compared with Townhomes and Houses.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $1,100 | $1,400 | $2,150 | $2,450 | $1,600 |
| Townhomes | $1,170 | $1,700 | $2,344 | $1,750 | $1,795 |
| Apartments and Condos | $1,050 | $1,225 | $2,150 | $2,100 | $1,200 |
| Houses | $1,400 | $1,899 | $2,200 | $2,500 | $2,250 |
Frequently Asked Questions about Rentals in Albuquerque, NM
- What is the average rent of an apartment in Albuquerque, NM?The average rent of an apartment in Albuquerque, NM is $1,177 per month. This is about 40% lower than the national average.
- When is the average rent cheapest in Albuquerque, NM?In the last year, the average rent in Albuquerque, NM was lowest in Jun 2025 when it was $1,544 per month.
- When is the average rent most expensive in Albuquerque, NM?In the last year, the average rent in Albuquerque, NM was highest in Sep 2025 when it was $1,700 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in Albuquerque, NM?The average rent of a 1 bedroom apartment in Albuquerque, NM is $1,100 per month. That is about $225 more than the cost of a studio apartment.
- How many available rental listings are in Albuquerque, NM?There are 1,248 available rental listings in Albuquerque, NM.
- What colleges and universities are in Albuquerque, NM?Colleges and universities in Albuquerque, NM include: University of New Mexico.
- What are some neighborhoods in Albuquerque, NM?Some neighborhoods in Albuquerque, NM include: South Valley, Paradise Hills, Westgate Hts, Taylor Ranch.
- What are some zip codes in Albuquerque, NM?
- What are some cities near Albuquerque, NM?Some nearby cities include: Los Ranchos de Albuquerque, Carnuel, Corrales, Cedar Crest, Bosque Farms. These cities may have more rental options to explore.
View this page in Spanish: Apartamentos baratos en renta en Albuquerque, NM - 3,238 Rentas | Trulia