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.

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

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.

What’s the average cost of living 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.

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Apartments for Rent in Albuquerque, NM

410 rentals available

Mountain Run
$1,195
5800 Eubank Boulevard Northeast, Albuquerque, NM 87111
(505) 221-5207
Rent Savings
49 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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Oak Tree Park Apartments
$999
5800 Osuna Rd NE, Albuquerque, NM 87109
(505) 333-0270
27 units available
1 bed • 2 bed
Amenities
In unit laundry, Granite counters, Hardwood floors, Dishwasher, Pet friendly, 24hr maintenance + more
Luxurious Living
Oasis of tranquility with vibrant, spacious homes.
Oak Tree Park Apartments offers an exquisite living experience with spacious one and two-bedroom layouts. Located in Del Norte, Albuquerque, this community boasts modern amenities like in-unit washers and dryers, and a responsive management team. With schools, parks, and popular eateries just a walk away, it caters to a dynamic lifestyle.
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Chelsea Village Apartments
$910
7100 Natalie Ave NE, Albuquerque, NM 87110
(878) 728-9853
Rent Savings
21 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.
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Marquee Village Apartments
$1,150
230 Spruce St NE, Albuquerque, NM 87106
(505) 576-7252
3 units available
2 bed
Amenities
24hr laundry, Nest technology, Patio / balcony, Hardwood floors, Dishwasher, Pet friendly + more
Pet Paradise
Vibrant lifestyle near UNM and downtown Albuquerque.
Marquee Village Apartments offers a vibrant lifestyle with its modern renovations and array of amenities. Nestled near downtown Albuquerque and the University of New Mexico, it provides unparalleled convenience with access to numerous restaurants, parks, and entertainment. Residents rave about the pet-friendly community, appreciating the dog park and spacious living enhanced by recent upgrades.
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SkyStone
10800 Cibola Loop Northwest, Albuquerque, NM 87114
(901) 446-1993
$1,476+ moTotal price12-mo lease
Rent Savings
20 units available
1 bed • 2 bed • 3 bed
Amenities
In unit laundry, Patio / balcony, Hardwood floors, Dishwasher, Pet friendly, Garage + more
Metro Oasis
Stylish living in popular Seven Bar North neighborhood
SkyStone Apartments offer an ideal blend of urban living with serene desert views in the sought-after Seven Bar North neighborhood. This pet-friendly community boasts spacious, modern apartments and top-tier amenities, including a pool and gym. The convenient location provides swift access to shopping, dining, and major highways.
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Altezza High Desert
$1,325
6000 Cortaderia Street Northeast, Albuquerque, NM 87111
(505) 448-0286
Rent Savings
28 units available
1 bed • 2 bed • 3 bed
Amenities
In unit laundry, Putting green, Patio / balcony, Granite counters, Hardwood floors, Dishwasher + more
Stunning Views
Experience Breathtaking Views and Ultimate Serenity
Altezza High Desert offers breathtaking views of the Sandia Mountains, creating a serene living environment. Residents enjoy a wide array of amenities such as two resort-style pools, a 24-hour fitness center, and a welcoming pet-friendly community. The scenic location offers easy access to hiking and biking trails, perfect for active lifestyles.
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Eagle Point Apartments
4401 Morris Street Northeast, Albuquerque, NM 87111
(505) 209-7201
$1,017+ moTotal price12-mo lease
Rent Savings
23 units available
Studio • 1 bed • 2 bed
Amenities
24hr laundry, Patio / balcony, Dishwasher, Pet friendly, Parking, Walk in closets + more
Peaceful Living
Tranquil & well-equipped haven in Northeast Albuquerque.
Eagle Point Apartments offers a peaceful retreat in Northeast Albuquerque. Nestled in a serene neighborhood, residents benefit from top-notch management, with praise for the welcoming environment and smooth move-in process. Enjoy easy access to local mountain trails, parks, and convenient amenities nearby.
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Retreat at Candelaria
$928
3011 Jane Pl NE, Albuquerque, NM 87111
(505) 484-2449
Rent Savings
22 units available
1 bed • 2 bed
Amenities
In unit laundry, Patio / balcony, Dishwasher, Pet friendly, 24hr maintenance, Cable included + more
Peaceful Retreat
Tranquil living with scenic mountain views
The Retreat at Candelaria offers a peaceful haven located in Albuquerque's serene Northeast Heights. With its proximity to numerous top-rated schools and access to I-40 and Route 66, this property provides both convenience and respite. Residents enjoy three pools, basketball courts, and beautiful courtyards with breathtaking Sandia Mountain views.
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Telegraph Hill
$1,125
7000 Louisiana Blvd NE, Albuquerque, NM 87109
(505) 365-6648
21 units available
1 bed • 2 bed
Amenities
In unit laundry, Patio / balcony, Hardwood floors, Dishwasher, Pet friendly, 24hr maintenance + more
Community Charm
Cozy neighborhood with a strong sense of community.
Telegraph Hill rests in a cozy neighborhood, surrounded by shady trees and contemporary designs. Residents have consistently praised the friendly and efficient team, fostering community connections through various social events. Conveniently located, it offers easy access to local shopping and dining, enhancing your lifestyle.
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Spring Park
5801 Eubank Boulevard Northeast, Albuquerque, NM 87111
(505) 859-7266
$1,170+ moTotal price12-mo lease
Rent Savings
21 units available
1 bed • 2 bed
Amenities
In unit laundry, Patio / balcony, Granite counters, Hardwood floors, Dishwasher, Pet friendly + more
Peaceful Oasis
Cozy home with stellar amenities and serene surroundings.
Spring Park in Albuquerque offers a peaceful atmosphere with access to beautiful green spaces like Academy Hills Park. Residents enjoy an array of top-notch amenities including an inviting outdoor pool, modern fitness center, and comfortable clubhouse. The property's prime location ensures convenient access to shopping, dining, and entertainment options within walking distance.
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Northpointe Village Apartment Homes
$1,025
12801 Indian School Rd NE, Albuquerque, NM 87112
(415) 702-4299
Rent Savings
19 units available
1 bed • 2 bed
Amenities
In unit laundry, Patio / balcony, Dishwasher, Pet friendly, 24hr maintenance, Carport + more
Comfy Oasis
Prime location with excellent access to amenities.
Northpointe Village Apartment Homes offer a delightful living experience. Situated conveniently in Albuquerque with access to shopping, dining, and entertainment, life here is made simple. Residents appreciate the prompt maintenance services, ensuring a seamless stay while enjoying a peaceful environment.
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Solaire
$1,260
3550 Old Airport Rd NW, Albuquerque, NM 87114
(505) 605-6524
22 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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Villa Hermosa Apartments - Affordable Housing
$969
2600 Americare Court Northwest, Albuquerque, NM 87120
(234) 601-0800
19 units available
1 bed • 2 bed
Amenities
W/D hookup, Nest technology, Patio / balcony, Dishwasher, Pet friendly, Parking + more
Spacious Living
Convenient location with spacious, value-packed apartments.
Villa Hermosa Apartments in Albuquerque offers spacious living with convenient amenities. Cats and dogs are welcome, and residents have access to a variety of features, including a gym and pool. With easy access to I-40 and Coors Blvd, shopping and dining options are readily available. Residents praise the efficient maintenance team and friendly staff.
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Odyssey
$907
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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Desert Creek
4300 Pan American Fwy NE, Albuquerque, NM 87107
(424) 347-1198
$714+ moTotal price12-mo lease
16 units available
Studio • 1 bed • 2 bed
Amenities
On-site laundry, Patio / balcony, Dishwasher, Pet friendly, Parking, Walk in closets + more
Spacious Living
Quiet retreat near Albuquerque's attractions
Desert Creek Apartment Homes offer a serene and spacious living environment with easy access to Albuquerque's vibrant lifestyle. Enjoy a pet-friendly community with amenities like a pool, gym, and hot tub. Located near dining, shopping, and major highways, residents appreciate the convenience and comfort this community provides.
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Broadstone Heights
$1,399
8100 Barstow Street NE, Albuquerque, NM 87122
(505) 591-4472
Rent Savings
22 units available
1 bed • 2 bed • 3 bed
Amenities
In unit laundry, Patio / balcony, Hardwood floors, Dishwasher, Pet friendly, 24hr maintenance + more
Modern Living
Conveniently located with exceptional amenities.
Experience exceptional living at Broadstone Heights, offering delightful apartment comforts and fantastic amenities. Situated in a prime location, residents have access to Albuquerque's best attractions, dining, and entertainment. This pet-friendly community caters to both cats and dogs, providing a warm and inviting atmosphere.
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The average rent for a 1 bedroom apartment in Albuquerque is $1,260+, while the average rent for a 2 bedroom apartment is $1,526+. Rent rates updated 8 days ago

Studio: $960+Trending down
1 Bed: $1,260+Trending down
2 Beds: $1,526+Trending down
3+ Beds: $1,854+Trending down

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

Top neighborhoods in Albuquerque

Westgate Heights
View 11 listings
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
View 11 listings
South San Pedro
View 10 listings
What it’s like to live in South San Pedro
First-time renters appreciate 1970s adobe-style units near Lavanderia Park playgrounds and the eclectic San Pedro Flea Market. Quick I-25 access aids commuters, while community gardens provide free summer produce. Limited nightlife but strong neighborhood watch programs enhance safety.
Great for
Families
Retirees
Professionals
Young Renters
Commuters
Neighborhood vibe
Mixed-Use
Peaceful
Mixed-Use & Commercial
View 10 listings
Nob Hill
View 10 listings
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
View 10 listings

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Albuquerque Short-term Apartments (76)

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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.

Apartments for Rent in Albuquerque, NM

Mountain Run

Oak Tree Park Apartments

Chelsea Village Apartments

Marquee Village Apartments

SkyStone

Altezza High Desert

Eagle Point Apartments

Retreat at Candelaria

Telegraph Hill

Spring Park

Northpointe Village Apartment Homes

Solaire

Villa Hermosa Apartments - Affordable Housing

Odyssey

Desert Creek

Broadstone Heights

Average rent in Albuquerque, New Mexico

Top neighborhoods in Albuquerque

Westgate Heights

What it’s like to live in Westgate Heights

Great for

Neighborhood vibe

South San Pedro

What it’s like to live in South San Pedro

Great for

Neighborhood vibe

Nob Hill

What it’s like to live in Nob Hill

Great for

Neighborhood vibe

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?