Are apartments in Albuquerque expensive?

Apartments for rent in Albuquerque, New Mexico are relatively affordable compared to other large cities in the country. The median rent in Albuquerque is about $1,212 per month, and here’s what you can expect to pay based on unity type: - 1BR : $997 per month - 2BR : $1,275 per month If you venture into Albuquerque’s suburban neighborhoods, such as Rio Rancho, Santo Domingo Pueblo, and Los Lunas, you’ll find great rental options at lower costs while still enjoying many of the city’s amenities.

Start your Albuquerque search

How many bedrooms do you need?

Apartments for Rent in Albuquerque, NM

395 rentals available

Canoan Village Apartments
5300 Eubank Boulevard Northeast, Albuquerque, NM 87111
(505) 594-9671
$965+ moTotal price12-mo lease
15 units available
Studio • 1 bed • 2 bed
Amenities
In unit laundry, Patio / balcony, Hardwood floors, Dishwasher, Pet friendly, 24hr maintenance + more
Stunning Views
Discover mountain and city vistas in Albuquerque.
Canoan Village Apartments offer spacious living with breathtaking mountain and city views from their large balconies. Residents enjoy a peaceful atmosphere and appreciate the management's responsiveness. The location provides easy access to shopping, dining, and outdoor activities for a convenient lifestyle.
Recently updated units
Verified listing
Verified
Chelsea Village Apartments
$900
7100 Natalie Ave NE, Albuquerque, NM 87110
(878) 728-9853
Rent Savings
16 units available
1 bed • 2 bed • 3 bed
Amenities
In unit laundry, Patio / balcony, Pet friendly, Garage, Recently renovated, Stainless steel + more
Exceptional Value
Modern comfort in a vibrant Albuquerque neighborhood.
Discover Chelsea Village Apartments, where style meets comfort. Enjoy modern, newly renovated apartments with outstanding amenities like a pool, fitness center, and playground. With cats and dogs allowed, pet lovers and their furry friends will feel at home. Located in the vibrant Stardust Skies Park neighborhood, residents are a short walk from diverse dining, entertainment options, and parks.
Recently updated units
Verified listing
Verified
Villas Del Cielo
$999
3131 Adams Street Northeast, Albuquerque, NM 87110
(803) 219-2533
Rent Savings
10 units available
1 bed • 2 bed
Amenities
In unit laundry, Patio / balcony, Dishwasher, Pet friendly, Parking, Gym + more
Warm Homeliness
Spacious living near UNM and local amenities.
Villas Del Cielo shines with its well-designed and spacious floor plans, making every room feel like home. The location is particularly convenient for students attending UNM, offering easy access to the campus. Within a mile's reach, residents can enjoy vibrant dining options and beautiful parks, enhancing everyday living experiences.
Recently updated units
Verified listing
Verified
The Portals
$845
1180 Alvarado Drive SE, Albuquerque, NM 87108
(505) 370-4554
2 units available
1 bed
Amenities
On-site laundry, Patio / balcony, Dishwasher, Pet friendly, Parking, Gym + more
Convenience Galore
Prime location with enhanced security and easy mobility
The Portals offers a peaceful living experience in Albuquerque with a focus on security and convenience. Residents benefit from on-site laundry and a secure gated community. With easy access to parks, shops, and restaurants, everything is just at your fingertips.
Recently updated units
Verified listing
Verified
Las Kivas
$1,465
4777 Tramway Boulevard Northeast, Albuquerque, NM 87111
(505) 539-2022
29 units available
2 bed
Amenities
In unit laundry, Patio / balcony, Hardwood floors, Dishwasher, Pet friendly, 24hr maintenance + more
Mountain Vistas
Luxury, Views, and Top-notch Amenities
Las Kivas is in a prime Albuquerque location with stunning mountain views and easy access to outdoor activities. The community enjoys top-tier amenities like a resort-style pool, fully equipped gym, and upgraded apartment features. Residents value the attentive and professional service from the management and maintenance staff.
Recently updated units
Verified listing
Verified
Aydan
6000 Montano Plaza Dr, Albuquerque, NM 87120
(484) 232-3104
$1,236+ moTotal price12-mo lease
6 units available
1 bed • 2 bed
Amenities
In unit laundry, Patio / balcony, Dishwasher, Pet friendly, Carport, Recently renovated + more
Resort Lifestyle
Enjoy resort-style amenities and convenient Albuquerque location.
Aydan Apartments offers a resort-inspired experience with amenities like a 24-hour gym, a year-round hot tub, and tennis courts. Located in Taylor Ranch, residents appreciate the easy access to shopping, dining, and multiple parks and schools within a mile. Both cats and dogs are welcome, ensuring a pet-friendly environment for all. The management is known for being responsive, providing a seamless living experience.
Recently updated units
Verified listing
Verified
The Aubry
9180 Coors Boulevard Northwest, Albuquerque, NM 87120
(505) 510-2984
$1,337+ moTotal price13-mo lease
Rent Savings
14 units available
1 bed • 2 bed • 3 bed
Amenities
In unit laundry, Patio / balcony, Hardwood floors, Dishwasher, Pet friendly, 24hr maintenance + more
Luxury Comfort
Discover upscale living with luxury comforts nearby.
The Aubry offers a serene and luxurious living environment with beautifully appointed layouts complemented by exquisite amenities like a sparkling pool, gym, and BBQ area. Residents praise the friendly and attentive management and maintenance teams. Cats and dogs are welcome at this comfortable and stylish apartment community in Northwest Albuquerque.
Recently updated units
Verified listing
Verified
Crescent Ridge
$952
8200 Bridge Boulevard Southwest, Albuquerque, NM 87121
(505) 578-1977
30 units available
1 bed • 2 bed • 3 bed
Amenities
In unit laundry, Pet friendly, Recently renovated, Gym, Pool, Air conditioning + more
Comprehensive Amenities
Relaxed living with everything at hand in Albuquerque
Crescent Ridge offers an array of amenities, including a resort-style pool, fitness center, and multiple basketball courts, ensuring a vibrant living experience. Situated in Albuquerque, the property is in close proximity to shops and the freeway, providing excellent convenience. The community is pet-friendly and boasts beautifully maintained grounds. Enjoy the added comfort of in-unit laundry facilities and modern appliances.
Recently updated units
Verified listing
Verified
Montecito at Northeast Heights
$992
5800 Harper Drive Northeast, Albuquerque, NM 87109
(505) 391-3319
Rent Savings
12 units available
Studio • 1 bed • 2 bed
Amenities
On-site laundry, Patio / balcony, Dishwasher, Pet friendly, 24hr maintenance, Parking + more
Complete Comfort
Spacious living with top-notch facilities.
Montecito at Northeast Heights offers premium apartments in Albuquerque with a plethora of modern amenities. Residents enjoy easy access to shopping, dining, and major highways, enhancing convenience. The property boasts a refreshing pool and state-of-the-art fitness center, while friendly management ensures a comfortable living experience.
Recently updated units
Verified listing
Verified
Candlelight Square
$895
7501 Montgomery Blvd NE, Albuquerque, NM 87109
(618) 205-5433
12 units available
1 bed • 2 bed
Amenities
On-site laundry, Patio / balcony, Dishwasher, Pet friendly, 24hr maintenance, Garage + more
Cost-Effective Living
Spacious and serene Albuquerque haven
Candlelight Square offers a tranquil living environment with a range of impressive amenities. Located in Albuquerque, it is situated below the metro average, making it a cost-effective choice. Residents enjoy conveniences like a fitness center, pool, and organized community events, all contributing to a lively community vibe.
Recently updated units
Verified listing
Verified
Arroyo Villas
$1,178
4701 Irving Boulevard Northwest, Albuquerque, NM 87114
(505) 209-7256
2 units available
2 bed • 3 bed
Amenities
In unit laundry, Pet friendly, 24hr maintenance, Pool, Playground, Business center + more
Welcoming Community
Embrace the comfort of vibrant Arroyo Villas.
Arroyo Villas in Albuquerque offers a welcoming and vibrant community. Residents love the spacious floor plans, well-maintained swimming pool, and playground, making it an excellent choice for comfort and leisure. The maintenance team is praised for their efficiency, ensuring a seamless living experience. Cats and dogs are welcome here, adding to the property's warmth.
Recently updated units
Verified listing
Verified
The Overlook
$1,200
6200 Eubank Boulevard NE, Albuquerque, NM 87111
(505) 588-4448
45 units available
1 bed • 2 bed
Amenities
In unit laundry, Patio / balcony, Dishwasher, Pet friendly, Carport, Stainless steel + more
Pet Paradise
Prime locale near parks, top dining, and fun.
Enjoy a lively community with vibrant local attractions and amenities. The Overlook Apartments in Albuquerque boasts excellent accessibility to top dining spots, scenic parks, and entertainment venues, making weekends leisurely and exciting. With both dogs and cats allowed, our pet-friendly community is perfect for animal lovers seeking a home in a delightful neighborhood.
Recently updated units
Verified listing
Verified
Peaks at Sandia View
$975
1501 Indian School Road Northeast, Albuquerque, NM 87102
(505) 560-3372
10 units available
1 bed • 2 bed
Amenities
24hr laundry, Patio / balcony, Dishwasher, Pet friendly, 24hr maintenance, Garage + more
Vibrant Lifestyle
Enjoy Albuquerque's Charm and Accessibility
Peaks at Sandia View offers a vibrant lifestyle in Albuquerque. With a wonderful mix of dining, shopping, and entertainment close by, you'll love the convenience and charm of city living. The pet-friendly environment, complete with a relaxing courtyard and modern amenities like a gym and pool, makes every day enjoyable.
Recently updated units
Verified listing
Verified
River Rock Apartments
$850
12301 Lomas Blvd NE, Albuquerque, NM 87112
(470) 722-8168
Rent Savings
8 units available
1 bed • 2 bed
Amenities
On-site laundry, Pet friendly, Parking, Recently renovated, Stainless steel, Walk in closets + more
Convenient Living
Vibrant Albuquerque living near local delights
River Rock Apartments offers a cost-effective living experience in Albuquerque, surrounded by a diverse range of dining and entertainment options. Cats and dogs are welcome, and the property is equipped with convenient amenities such as on-site laundry, a swimming pool, and a beautifully maintained courtyard. The attentive management team and well-maintained facilities guarantee a pleasant living environment.
Recently updated units
Verified listing
Verified
Prisma Apartments
$1,299
3305 Calle Cuervo Northwest, Albuquerque, NM 87114
(505) 657-5948
Rent Savings
25 units available
1 bed • 2 bed
Amenities
In unit laundry, Patio / balcony, Hardwood floors, Dishwasher, Dogs allowed, 24hr maintenance + more
Vibrant Locale
Experience modern living amidst nature and city life.
Prisma Apartments offers an inviting living experience in Albuquerque. Enjoy all the comforts of home with modern amenities such as a pool, gym, and in-unit laundry. Residents love the friendly atmosphere and appreciate the attentive management team. Located near parks, trendy restaurants, and shopping, Prisma strikes the perfect balance between nature and city conveniences.
Recently updated units
Verified listing
Verified
Union 505
801 Locust Place Northeast, Albuquerque, NM 87102
(505) 933-7794
$810+ moTotal price12-mo lease
Rent Savings
20 units available
Studio • 1 bed • 2 bed
Amenities
On-site laundry, Hardwood floors, Dishwasher, Pet friendly, New construction, 24hr maintenance + more
Amenity-Rich
Vibrant living with top-tier amenities in Albuquerque.
Union 505 offers an exceptional living experience with abundant amenities that include a well-equipped gym, a pristine pool, and diverse recreation options. Its convenient location ensures you're just moments away from downtown excitement, Nob Hill charm, and the University of New Mexico. Residents praise the friendly, responsive staff and spacious apartments with various floor plans. Plus, pets are welcome, adding to the community's vibrant atmosphere.
Recently updated units
Verified listing
Verified

The average rent for a 1 bedroom apartment in Albuquerque is $1,309+, while the average rent for a 2 bedroom apartment is $1,579+. Rent rates updated 2 days ago

Studio: $944+Trending up
1 Bed: $1,309+Trending up
2 Beds: $1,579+Trending up
3+ Beds: $1,904+Trending up

* Averages are based on the rental prices of properties listed on Apartment List that don’t include fees

Top neighborhoods in Albuquerque

Taylor Ranch

What it’s like to live in Taylor Ranch

Mountain proximity defines Taylor Ranch, where Albuquerque's western neighborhood offers Sandia views and immediate access to recreational open spaces. Most rentals feature desert-adaptive landscaping and southwestern architectural elements reflecting regional design traditions, while the nearby Petroglyph National Monument provides distinctive hiking opportunities unusual for urban-adjacent neighborhoods. Though requiring longer downtown commutes than central neighborhoods, strategic positioning near major highways creates reasonable travel times despite geographical distance, while significantly more living space, mountain views, and direct trail access typically compensates for increased commuting time increasingly accepted as remote work trends reduce daily office requirements transforming housing priorities beyond purely commute-based considerations which previously dominated location decisions affecting everyday quality-of-life calculations beyond simplistic distance metrics.

Great for

Families

Retirees

Professionals

Young Renters

Commuters

Neighborhood vibe

Mixed-Use

Peaceful

Mixed-Use & Commercial

Westgate Heights

What it’s like to live in Westgate Heights

Elevated views define Westgate Heights, where Albuquerque's western mesa neighborhood offers spectacular Sandia Mountain panoramas across the Rio Grande Valley. Most rentals feature more generous space than comparable eastside options, while the developing commercial district continues adding amenities reducing trips to more congested areas. Though requiring longer downtown commutes than central neighborhoods, strategic positioning near I-40 creates reasonable travel times despite geographical distance, while significantly more living space and mountain views typically compensate for increased commuting time increasingly accepted as remote work trends reduce daily office requirements transforming housing priorities beyond purely commute-based considerations which previously dominated location decisions.

Great for

Affluent Families

Luxury Renters

Professionals

Retirees

Neighborhood vibe

Scenic

Established

Residential

Eldorado Heights

What it’s like to live in Eldorado Heights

Mountain views reward residents of Eldorado Heights, where this northeastern Albuquerque neighborhood captures Sandia Mountain panoramas from its elevated position. Many homes feature southwestern architecture with courtyards and covered patios designed for New Mexico's sunny climate. The area offers excellent access to both Sandia Peak recreation and I-25 connections to downtown, though drought conditions require water-conscious landscaping and occasional water restrictions.

Great for

Affluent Families

Luxury Renters

Professionals

Retirees

Neighborhood vibe

Scenic

Established

Residential

Neighborhoods

More Rental Options

Bedrooms

Price

Amenities

Property Type

Albuquerque Short-term Apartments (80)

Cities

Counties

Bernalillo County Apartments (407)

Colleges

Find Apartments in Albuquerque, New Mexico

Albuquerque, New Mexico is a vibrant city where hot air balloons fill the sky and the Sandia Mountains call for adventure. Known locally as ABQ, the city offers something for everyone, from its chile-infused cuisine to its bustling brewery scene. The colorful galleries of Old Town and ancient Native American sites provide endless exploration for both residents and visitors alike.

Central Avenue runs through some of Albuquerque’s most popular neighborhoods, including Nob Hill, Old Town, and Midtown. These areas are rich with trendy restaurants and cultural venues, ideal if you want to be in the heart of the action. The University of New Mexico sits adjacent to Midtown, offering students easy access to campus and the nearby nightlife. And ABQ Ride, the city’s public transit system, makes commuting around town convenient, whether to the university or other bustling parts of the city.

There’s a wide variety of apartments to rent in Albuquerque that suit different needs and lifestyles. And you can forget the hours of scrolling through Google results for “apartments for rent near me.” Apartment List simplifies finding the best ABQ apartments with our AI-powered Renter Quiz. We’ll quickly match you with listings tailored to your preferences, with filters for amenities like:

– Garage parking
– Laundry facilities
– Pet-friendly courtyards
– Spacious floorplans
– Fitness centers
– Access to transit

Whether you’re looking for a pet-friendly apartment in the North Valley or a spacious two-bedroom with city views, we’ll deliver personalized listings for apartments in Albuquerque, New Mexico that meet your needs.

Frequently Asked Questions (FAQs)

Apartments for rent in Albuquerque, New Mexico are relatively affordable compared to other large cities in the country. The median rent in Albuquerque is about $1,212 per month, and here’s what you can expect to pay based on unity type:

- 1BR: $997 per month
- 2BR: $1,275 per month

If you venture into Albuquerque’s suburban neighborhoods, such as Rio Rancho, Santo Domingo Pueblo, and Los Lunas, you’ll find great rental options at lower costs while still enjoying many of the city’s amenities.

To live comfortably in Albuquerque, it’s wise to follow the 30% rule, which suggests you spend no more than 30% of your monthly income on rent. For example, if you’re renting a one-bedroom for $997 per month, you should make about $3,323 to live there comfortably. You can use our rent calculator to estimate what you can afford for apartment rentals in Albuquerque, NM.

With living costs slightly below the national median, Albuquerque is an affordable option for those looking for a new home in New Mexico. The monthly cost of living in Albuquerque is typically about $4,040. This factors in housing, utilities, dining, and entertainment.

Apartments for Rent in Albuquerque, NM

Canoan Village Apartments

Chelsea Village Apartments

Villas Del Cielo

The Portals

Las Kivas

Aydan

The Aubry

Crescent Ridge

Montecito at Northeast Heights

Candlelight Square

Arroyo Villas

The Overlook

Peaks at Sandia View

River Rock Apartments

Prisma Apartments

Union 505

Average rent in Albuquerque, New Mexico

Top neighborhoods in Albuquerque

More Rental Options

Find Apartments in Albuquerque, New Mexico

Frequently Asked Questions (FAQs)

Are apartments in Albuquerque expensive?

How much do you need to make to live in Albuquerque?

What’s the average cost of living in Albuquerque, NM?