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

396 rentals available

Olympus Northpoint
$1,493
9100 San Mateo Boulevard Northeast, Albuquerque, NM 87113
(505) 278-6357
26 units available
1 bed • 2 bed • 3 bed
Amenities
In unit laundry, Nest technology, Putting green, Patio / balcony, Hardwood floors, Dishwasher + more
Luxury Living
Resort-Style Living with Exceptional Amenities
Olympus Northpoint offers a luxurious lifestyle with amazing features. Revel in the stunning outdoor swimming pool and resort-inspired cabanas. Residents enjoy a clean, quiet environment with picturesque views of hot air balloons. The community stands out for its modern amenities and convenient park access.
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Norte Villas Apartments
$1,020
6001 Topke Place North East, Albuquerque, NM 87109
(505) 591-5985
Rent Savings
22 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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Milo
4217 Louisiana Blvd Ne, Albuquerque, NM 87109
(505) 234-1137
$1,008+ moTotal price12-mo lease
Rent Savings
13 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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Casa Tierra
$1,251
4949 San Pedro Drive NE, Albuquerque, NM 87109
(505) 405-5626
4 units available
1 bed • 2 bed • 3 bed
Amenities
In unit laundry, Patio / balcony, Hardwood floors, Dishwasher, Pet friendly, Parking + more
Pet Paradise
Pet-friendly haven in Albuquerque's Upper Northeast Heights.
Casa Tierra is a pet lover's dream with its dog-friendly amenities and on-site dog park. Situated in Albuquerque's desirable Upper Northeast Heights, this community features modern designs with premium conveniences like swimming pools and picnic areas. Residents enjoy a vibrant yet peaceful setting with easy access to major roads for seamless commuting.
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5.0
La Paloma
$1,375
6001 Moon St NE, Albuquerque, NM 87111
(505) 407-8902
Top rated for Location
“I thought I would be out on the streets but they are the best and great and fast maintenance. Looking forward to a new year here!”
29 units available
1 bed • 2 bed • 3 bed
Amenities
In unit laundry, Patio / balcony, Hardwood floors, Dishwasher, Pet friendly, 24hr maintenance + more
Resort Living
Resort lifestyle with modern amenities and stunning mountain views.
La Paloma offers a resort-style living experience in Albuquerque's Northeast Heights. Residents enjoy modern amenities like in-unit washers and dryers, two refreshing pools, and a fitness center. The property is also ideally located near shopping centers, parks, and restaurants, providing beautiful mountain views for a serene atmosphere. With friendly staff and meticulously maintained facilities, it's perfect for those seeking a vibrant and active lifestyle.
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Villa La Charles
$1,270
12200 Montgomery NE, Albuquerque, NM 71118
(505) 365-6963
Rent Savings
9 units available
1 bed • 2 bed
Amenities
In unit laundry, Patio / balcony, Hardwood floors, Dishwasher, Pet friendly, 24hr maintenance + more
Convenience Peak
Prime location with modern comfort and convenience.
Experience the best of Albuquerque living at Villa La Charles. Located conveniently in the North East and just minutes from Downtown Albuquerque, this property offers unmatched access to shopping, dining, and entertainment. With features like stainless steel appliances and in-unit laundry, you're ensured a comfortable and modern lifestyle.
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The Portals
$845
1180 Alvarado Drive SE, Albuquerque, NM 87108
(505) 370-4554
3 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.
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Allaso Vineyards
8901 Holly Avenue NE, Albuquerque, NM 87122
(505) 384-7533
$1,596+ moTotal price12-mo lease
Rent Savings
11 units available
1 bed • 2 bed
Amenities
In unit laundry, Patio / balcony, Pet friendly, Stainless steel, Gym, Pool + more
Resort Luxury
Sophisticated living with unmatched amenities and local charm.
Allaso Vineyards offers a blend of sophisticated urban living and resort-style amenities. Nestled near scenic spots like the Sandia Mountains, residents enjoy convenient access to various retail and dining destinations. The community features themed areas like a winery-inspired lounge, providing unique relaxation and socializing spaces. With amenities allowing both dogs and cats, it supports a variety of lifestyles.
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Encanto at Mesa del Sol
2500 Bobby Foster Road SE, Albuquerque, NM 87106
(505) 666-5123
$1,452+ moTotal price15-mo lease
Rent Savings
9 units available
1 bed • 2 bed • 3 bed
Amenities
In unit laundry, Patio / balcony, Pet friendly, Parking, Stainless steel, Gym + more
Serene Oasis
Luxury Living, Nature at Your Doorstep
Encanto at Mesa del Sol offers a unique lifestyle, enveloped by New Mexico’s stunning nature. With easy access to outdoor activities and a serene environment, relaxation is guaranteed. Residents enjoy amenities like a resort-style pool and modern fitness center, adding to the property's charm.
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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
23 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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Sun Plaza
4400 Montgomery Blvd NE, Albuquerque, NM 87109
(561) 794-4751
$1,030+ moTotal price12-mo lease
9 units available
1 bed • 2 bed • 3 bed
Amenities
On-site laundry, Patio / balcony, Dishwasher, Pet friendly, 24hr maintenance, Parking + more
Lifestyle Convenience
Ideal comfort paired with exceptional local convenience.
Sun Plaza offers an exceptional blend of comfort and convenience, enriched by amenities like a basketball court, playground, and recently renovated interiors. Located in Albuquerque's Hodgin neighborhood, it boasts proximity to shopping centers and entertainment venues, ensuring that everything you need is within reach. Pets are welcome, making it a haven for cat and dog owners alike.
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Broadstone Nob Hill
4101 Central Avenue Northeast, Albuquerque, NM 87106
(505) 591-3166
$1,882+ moTotal price12-mo lease
4 units available
1 bed • 2 bed
Amenities
In unit laundry, Patio / balcony, Granite counters, Hardwood floors, Pet friendly, Recently renovated + more
Nob Hill
Nob Hill's lavish, vibrant living with stunning amenities.
Broadstone Nob Hill offers vibrant living in Albuquerque's iconic Nob Hill neighborhood. It's renowned for lavish amenities, including a stylish pool, hot tub, and gym, plus in-house conveniences like stainless steel appliances and in-unit laundry. Residents appreciate the friendly community, responsive management, and a location teeming with shops, restaurants, and parks all within a short walk.
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Allaso at High Desert
6701 Tennyson Street Northeast, Albuquerque, NM 87111
(505) 405-4325
$1,660+ moTotal price15-mo lease
Rent Savings
28 units available
1 bed • 2 bed • 3 bed
Amenities
In unit laundry, Putting green, Golf room, Patio / balcony, Hardwood floors, Pet friendly + more
Scenic Retreat
Breathtaking Sandia Mountains Views
Allaso High Desert is nestled in the stunning Sandia Mountain foothills, providing breathtaking views and proximity to hiking trails. Residents delight in upscale amenities like a resort-style pool and fitness center. Both cats and dogs are welcome, and there's a spacious dog park for furry companions to enjoy.
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The June
13150 Wenonah Avenue Southeast, Albuquerque, NM 87123
(505) 240-6655
$1,022+ moTotal price12-mo lease
Rent Savings
21 units available
1 bed • 2 bed
Amenities
In unit laundry, Patio / balcony, Dishwasher, Pet friendly, 24hr maintenance, Parking + more
Comfortable Living
Ideal for outdoor enthusiasts in Singing Arrow.
Located in the peaceful Singing Arrow neighborhood, The June offers a vibrant atmosphere with convenient access to nearby hiking trails and biking paths. This community features a range of attractive amenities, including an outdoor kitchen and lounge areas, that cater to comfort and relaxation. Residents love the friendly community spirit and the helpful management team ensures a seamless living experience.
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Copper Hills
4200 Spanish Bit St NE, Albuquerque, NM 87111
(505) 560-1787
$899+ moTotal price12-mo lease
Rent Savings
6 units available
1 bed • 2 bed
Amenities
On-site laundry, Patio / balcony, Hardwood floors, Dishwasher, Pet friendly, Parking + more
Nature Proximity
Scenic Living and Modern Amenities
Copper Hills provides a harmonious blend of nature and modern living, ideally located near the Cibola National Forest. Enjoy spacious, well-designed interiors and exceptional amenities such as two superb swimming pools and a playground. Pets are welcome, with both cats and dogs enjoying the on-site dedicated dog park.
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Lumen
701 Stephen Moody Street Southeast, Albuquerque, NM 87110
(505) 337-3316
$1,257+ moTotal price12-mo lease
Rent Savings
10 units available
1 bed • 2 bed
Amenities
In unit laundry, Hardwood floors, Dishwasher, Pet friendly, 24hr maintenance, Garage + more
Amenity Rich
Incredible amenities and modern lifestyle offerings.
Enjoy a vibrant lifestyle at Lumen in Albuquerque. This property offers easy access to shopping, dining, and nearby parks, ensuring excitement and convenience are at your doorstep. Residents love the clean, modern apartments, complete with in-unit laundry, and find the friendly staff and well-maintained amenities a wonderful bonus.
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The average rent for a 1 bedroom apartment in Albuquerque is $1,302+, while the average rent for a 2 bedroom apartment is $1,566+. Rent rates updated 7 days ago

Studio: $939+Trending down
1 Bed: $1,302+Trending down
2 Beds: $1,566+Trending down
3+ Beds: $1,890+Trending down

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

Top neighborhoods in Albuquerque

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

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

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

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Bedrooms

Price

Amenities

Property Type

Albuquerque Short-term Apartments (80)

Cities

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Bernalillo County Apartments (408)

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

Olympus Northpoint

Norte Villas Apartments

Milo

Casa Tierra

La Paloma

Villa La Charles

The Portals

Allaso Vineyards

Encanto at Mesa del Sol

The Reserve Apartments

Sun Plaza

Broadstone Nob Hill

Allaso at High Desert

The June

Copper Hills

Lumen

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?