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.

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Apartments for Rent in Albuquerque, NM

422 rentals available

Treehouse Apartments
$919
4610 Eubank Boulevard Northeast, Albuquerque, NM 87111
(505) 210-8871
Rent Savings
10 units available
Studio • 1 bed • 2 bed
Amenities
In unit laundry, Patio / balcony, Dishwasher, Pet friendly, 24hr maintenance, Parking + more
Natural Haven
Green spaces and convenience blend perfectly here
Treehouse Apartments boasts lush landscapes and ample green spaces that residents love. Located near top conveniences like schools, dining, and shopping, its position caters perfectly to both leisurely and work-centric lifestyles. Residents praise the dedicated dog park and swimming pool facilities, completing the ideal living environment.
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Monterey Manor Apartments
$825
12201 Lomas Boulevard Northeast, Albuquerque, NM 87112
(941) 883-9997
8 units available
1 bed • 2 bed
Amenities
On-site laundry, Patio / balcony, Pet friendly, Parking, Recently renovated, Stainless steel + more
Cost-Effective Living
Affordable style and comfort in vibrant Albuquerque.
Monterey Manor Apartments offer a fantastic living experience in Albuquerque, perfectly combining style, comfort, and a vibrant community feel. Tenants love the accessible location with easy reach to shops, entertainment, and parks. Enjoy the luxury of no admin fees, security deposits, and low application fees. Plus, both cats and dogs are welcome here!
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Villas de la Terraza
$950
6401 Academy Road NE, Albuquerque, NM 87109
(580) 217-3414
Rent Savings
28 units available
Studio • 1 bed • 2 bed • 3 bed
Amenities
In unit laundry, Patio / balcony, Dishwasher, Pet friendly, Parking, Walk in closets + more
Convenient Location
Prime location near shopping and dining!
Villas de la Terraza Apartments offer an unbeatable location in Albuquerque, just a stone's throw away from shopping centers and dining options. Enjoy modern living with spacious closets, balconied apartments, and a refreshing pool. Cats and dogs are welcome, complementing the pet-friendly environment.
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Mountain Run
$1,255
5800 Eubank Boulevard Northeast, Albuquerque, NM 87111
(505) 221-5207
Rent Savings
38 units available
1 bed • 2 bed
Amenities
In unit laundry, Patio / balcony, Granite counters, Dishwasher, Dogs allowed, Carport + more
Scenic Serenity
Modern luxury near trails and conveniences.
Mountain Run offers a perfect retreat with modern comforts and serene surroundings. Nestled close to hiking trails and reputed schools, it provides a peaceful living environment. Local reviews commend the friendly atmosphere and excellent management. Amenities like a heated pool and dog park enhance the living experience.
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The Reserve Apartments
1001 Tramway Blvd NE, Albuquerque, NM 87112
(276) 322-8776
$1,118+ moTotal price12-mo lease
Rent Savings
20 units available
1 bed • 2 bed • 3 bed
Amenities
On-site laundry, Patio / balcony, Hardwood floors, Dishwasher, Pet friendly, Parking + more
Scenic Escape
Refreshing Albuquerque views, vibrant community, unmatched living experience.
The Reserve Apartments offers a vibrant living experience in a serene environment. Located in Albuquerque's Panorama Heights, residents appreciate the scenic foothill views and the well-maintained landscaping. The community offers great value as it is priced below the metro average. You can enjoy amenities such as a tennis court, fitness center, or relax by the pool.
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Milo
4217 Louisiana Blvd Ne, Albuquerque, NM 87109
(505) 234-1137
$842+ moTotal price12-mo lease
Rent Savings
10 units available
1 bed • 2 bed
Amenities
W/D hookup, Patio / balcony, Granite counters, Hardwood floors, Dishwasher, Pet friendly + more
Luxury Living
Renovated oasis near shopping and dining in Albuquerque.
Milo Apartments offers a stunning living experience with beautifully renovated units featuring smart home technology and stylish interiors. Located in Bear Canyon, Albuquerque, this community boasts convenient access to shopping and dining venues like Louisiana and Coronado Shopping Centers. Residents delight in modern amenities, such as a 24-hour fitness center, pool, and dog park. With easy access to multiple schools and parks, it's a vibrant and welcoming place to call home.
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Palazzo Apartments
$850
14124 Copper Ave NE, Albuquerque, NM 87123
(448) 288-3095
9 units available
1 bed • 2 bed
Amenities
On-site laundry, Patio / balcony, Pet friendly, Parking, Recently renovated, Stainless steel + more
Modern Oasis
Stylish living near parks and outdoor activities.
Palazzo Apartments offers a unique blend of modern living and outdoor enjoyment. Set in a vibrant neighborhood, the community is surrounded by enticing parks and trails perfect for hiking and biking enthusiasts. Residents adore the newly remodeled units with state-of-the-art finishes and enjoy pet-friendly policies that make it convenient for both dogs and cats.
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Las Kivas
$1,499
4777 Tramway Boulevard Northeast, Albuquerque, NM 87111
(505) 539-2022
Rent Savings
26 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.
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Los Altos Towers
$875
9125 Copper Avenue NE, Albuquerque, NM 87123
(636) 637-0778
Rent Savings
15 units available
Studio • 1 bed • 2 bed
Amenities
24hr laundry, Patio / balcony, Hardwood floors, Dishwasher, Pet friendly, 24hr maintenance + more
Luxurious Living
Upscale Apartments with Stunning Mountain Views
Experience luxurious living at Los Altos Towers with its upscale apartment homes and stunning views of the Sandia Mountains. Enjoy the convenience of being within a walkable distance to several parks, restaurants, and schools. Residents cherish the friendly management and maintenance team, who contribute significantly to the property’s appeal.
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Candlelight Square
$999
7501 Montgomery Blvd NE, Albuquerque, NM 87109
(618) 205-5433
10 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.
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Solaire
$1,290
3550 Old Airport Rd NW, Albuquerque, NM 87114
(505) 605-6524
24 units available
1 bed • 2 bed • 3 bed
Amenities
In unit laundry, Patio / balcony, Dishwasher, Pet friendly, 24hr maintenance, Carport + more
Convenient Living
Exceptional amenities and vibrant local community.
Solaire Apartments offers a blend of modern comfort and vibrant surroundings, just minutes from downtown Albuquerque. Enjoy a plethora of amenities, including a resort-inspired pool, fitness center, and clubhouse. Residents cherish the pet-friendly atmosphere with an onsite dog park and the property's proximity to fantastic dining, entertainment, and shopping options.
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4.0
Calero
8000 Montgomery NE, Albuquerque, NM 87109
(505) 322-6344
$1,040+ moTotal price12-mo lease
Top rated for Location
12 units available
1 bed • 2 bed • 3 bed
Amenities
In unit laundry, Patio / balcony, Granite counters, Hardwood floors, Dishwasher, Pet friendly + more
Pet Paradise
Calero: Pet-friendly haven with top-notch amenities!
Calero offers a serene and pet-friendly atmosphere with beautifully designed apartments. It's nestled in a location with highly rated schools, ample grocery stores, and vibrant shopping options nearby. Residents love the tranquil environment, making it a sought-after place to call home.
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Montecito at Northeast Heights
$1,004
5800 Harper Drive Northeast, Albuquerque, NM 87109
(505) 391-3319
Rent Savings
9 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.
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The Ridge Apartments
$875
557 Tramway Blvd NE, Albuquerque, NM 87123
(505) 278-6715
Rent Savings
12 units available
1 bed • 2 bed • 3 bed
Amenities
On-site laundry, Patio / balcony, Dishwasher, Pet friendly, Parking, Pool + more
Prime Location
Modern living with scenic Albuquerque views
The Ridge Apartments offer stylish living in beautiful Albuquerque, NM. With a prime location, you'll enjoy easy access to a variety of parks, trails, and local eateries. The community features pet-friendly amenities, a pool, and a well-maintained fitness center, perfect for a convenient and luxurious lifestyle.
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Norte Villas Apartments
$1,020
6001 Topke Place North East, Albuquerque, NM 87109
(505) 591-5985
19 units available
1 bed • 2 bed • 3 bed
Amenities
In unit laundry, Patio / balcony, Dishwasher, Pet friendly, Parking, Recently renovated + more
Enhanced Living
Newly renovated apartments with top-notch amenities.
Experience newly upgraded living at Norte Villas Apartments. Cats and dogs are welcome here, and you'll find ultimate convenience with in-unit laundry and ample storage space. Enjoy easy access to shopping, dining, and entertainment just minutes away, and delight in having great neighbors and a serene community environment.
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Odyssey
$999
10600 Cibola Loop Northwest, Albuquerque, NM 87114
(910) 838-6290
29 units available
Studio • 1 bed • 2 bed • 3 bed
Amenities
W/D hookup, Patio / balcony, Dishwasher, Pet friendly, Garage, 24hr gym + more
Community Comfort
Top-favorited in a popular, convenient neighborhood
Odyssey offers a vibrant community in the popular Seven Bar North neighborhood of Albuquerque. Residents relish the well-maintained amenities, including a fitness center and pool, in a safe, calm locale. The property's popularity speaks volumes—it’s a top-favorited spot with excellent concierge service and responsive management.
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The average rent for a 1 bedroom apartment in Albuquerque is $1,252+, while the average rent for a 2 bedroom apartment is $1,520+. Rent rates updated 4 days ago

Studio: $958+Trending up
1 Bed: $1,252+Trending up
2 Beds: $1,520+Trending up
3+ Beds: $1,830+Trending up

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

Top neighborhoods in Albuquerque

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

Nob Hill

What it’s like to live in Nob Hill

Nob Hill buzzes with creative energy where this beloved Albuquerque district showcases Route 66 heritage through preserved architecture and distinctive local businesses along Central Avenue. Renters enjoy genuine walkability to independent shops, global dining options, and entertainment venues creating enviable urban convenience rare for typically car-dependent southwestern cities. Property age brings occasional maintenance considerations in older buildings, but urban enthusiasts love both the neighborhood's distinctive mid-century character and strategic positioning between UNM campus and downtown with excellent public transportation options despite occasional parking challenges during popular restaurant hours.

Great for

Families

Retirees

Professionals

Young Renters

Commuters

Neighborhood vibe

Mixed-Use

Peaceful

Mixed-Use & Commercial

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

Neighborhoods

More Rental Options

Bedrooms

Price

Amenities

Property Type

Albuquerque Short-term Apartments (80)

Cities

Counties

Bernalillo County Apartments (437)

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

Treehouse Apartments

Monterey Manor Apartments

Villas de la Terraza

Mountain Run

The Reserve Apartments

Milo

Palazzo Apartments

Las Kivas

Los Altos Towers

Candlelight Square

Solaire

Calero

Montecito at Northeast Heights

The Ridge Apartments

Norte Villas Apartments

Odyssey

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?