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

423 rentals available

Villas Del Cielo
$1,199
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.
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Retreat at Candelaria
$928
3011 Jane Pl NE, Albuquerque, NM 87111
(505) 484-2449
20 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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The Pearl at Spring Creek
$889
5600 Gibson Boulevard Southeast, Albuquerque, NM 87108
(505) 375-6948
16 units available
1 bed • 2 bed
Amenities
24hr laundry, Patio / balcony, Hardwood floors, Dishwasher, Pet friendly, 24hr maintenance + more
Amenities Galore
Charming retreat near UNM and Downtown Albuquerque.
The Pearl at Spring Creek offers a serene retreat with a peaceful and safe atmosphere. Residents praise the friendly and helpful staff, along with the well-maintained, beautiful grounds featuring relaxing courtyards and ponds. This community is ideal for those who enjoy having pets, with both dogs and cats welcome and a dedicated dog park.
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Eagle Point Apartments
4401 Morris Street Northeast, Albuquerque, NM 87111
(505) 209-7201
$915+ moTotal price12-mo lease
Rent Savings
21 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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Hacienda Norte Apartments
$828
201 Adams Street Southeast, Albuquerque, NM 87108
(505) 337-4841
1 unit available
1 bed
Amenities
On-site laundry, Pet friendly, 24hr maintenance, Parking, Air conditioning, Ceiling fan + more
Convenient Location
Close to UNM and downtown Albuquerque!
Hacienda Norte Apartments offer residents a prime location with easy access to the University of New Mexico and Downtown Albuquerque. With numerous restaurants and parks within walking distance, daily conveniences are just around the corner. The apartments welcome both cats and dogs, making it a great choice for pet owners.
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El Pueblo II Apartments
$766
6021 Anderson Avenue Southeast, Albuquerque, NM 87108
(505) 339-2060
3 units available
1 bed
Amenities
On-site laundry, Cats allowed, 24hr maintenance, Cable included, Parking, Air conditioning + more
Convenience Hub
Discover ultimate convenience in Albuquerque's heart.
El Pueblo II Apartments offer exceptional access to Albuquerque's key areas, including the University of New Mexico and downtown, fostering an enriching community experience. With delightful courtyards and unique floor plans, this property ensures both style and comfort. Residents love the on-site laundry and easy access to various destinations, making it a cherished choice for convenient living.
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Hacienda Este Apartments
$847
225 Jefferson Street Southeast, Albuquerque, NM 87108
(505) 365-6611
3 units available
1 bed
Amenities
On-site laundry, Pet friendly, 24hr maintenance, Parking, Air conditioning, Ceiling fan + more
Central Convenience
Prime Albuquerque location near key destinations.
Hacienda Este Apartments offer an exceptional location with easy access to Route 66, Downtown Albuquerque, and the University of New Mexico. Residents benefit from a multitude of amenities, including on-site laundry and BBQ areas. The property stands out with its pet-friendly policy, welcoming both cats and dogs.
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Fair Plaza Apartments
$843
5901 Alice Avenue Northeast, Albuquerque, NM 87110
(505) 278-6746
2 units available
1 bed
Amenities
On-site laundry, Hardwood floors, Pet friendly, 24hr maintenance, Parking, Air conditioning + more
Central Location
Convenient access to Albuquerque's top destinations.
Fair Plaza Apartments is located in the heart of Albuquerque, providing easy access to the university, downtown, and popular routes like Route 66. The community enjoys a quiet and clean atmosphere, with cats and dogs being welcomed. Residents love the well-maintained units and friendly neighborhood feel.
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Casa Del Rey Oeste Apartments
$823
125 Cardenas Drive Northeast, Albuquerque, NM 87108
(505) 365-6689
5 units available
1 bed
Amenities
On-site laundry, Pet friendly, 24hr maintenance, Cable included, Parking, Air conditioning + more
Convenient Location
Walkable access to UNM and downtown Albuquerque.
Casa Del Rey Oeste Apartments boast a prime location with easy access to the University of New Mexico and downtown Albuquerque. This bike-friendly and very walkable neighborhood makes running errands and enjoying daily outings seamless. On-site laundry facilities provide added convenience for a comfortable living experience. Both cats and dogs are warmly welcomed here.
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Graceland Plaza Apartments
$950
312 Graceland Drive Southeast, Albuquerque, NM 87108
(505) 278-6626
Rent Savings
1 unit available
1 bed
Amenities
On-site laundry, Nest technology, Patio / balcony, Cats allowed, 24hr maintenance, Parking + more
Convenient Access
Easy access to university and vibrant downtown.
Graceland Plaza Apartments offers incredible convenience with its prime location near the University of New Mexico and downtown Albuquerque, making commuting a breeze. The neighborhood boasts a high walk score, allowing for effortless outings without a car. Residents love the community's outdoor spaces like the courtyard and grilling area, complemented by amenities such as on-site laundry.
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Ladera Vista Apartments
$1,164
3608 Ladera Drive Northwest, Albuquerque, NM 87120
(505) 657-4417
Rent Savings
8 units available
1 bed • 2 bed
Amenities
In unit laundry, Patio / balcony, Dishwasher, Pet friendly, Parking, Stainless steel + more
Pet Paradise
Modern apartments in a peaceful and pet-friendly community.
Ladera Vista Apartments offers a tranquil living environment with modern architecture and spacious floor plans. Residents enjoy the friendly and professional staff and commend the maintenance team for their prompt service. Dogs and cats are welcome, making it a perfect choice for pet lovers.
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Income Restricted - La Vida Nueva
$1,234
1200 Dickerson Drive Southeast, Albuquerque, NM 87106
(505) 629-1779
17 units available
2 bed
Amenities
W/D hookup, Patio / balcony, Hardwood floors, Pet friendly, All utils included, 24hr maintenance + more
Inclusive Community
All-Inclusive Central Living
La Vida Nueva Apartments offer a vibrant lifestyle with all utilities included, simplifying living. The community features multiple playgrounds, a picnic area, and a free after-school program that's perfect for families. Located near CNM and UNM, residents enjoy easy access to local amenities and entertainment.
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La Mirage
$1,464
10700 Academy Road Northeast, Albuquerque, NM 87111
(505) 392-2318
Rent Savings
16 units available
1 bed • 2 bed • 3 bed
Amenities
In unit laundry, Patio / balcony, Pet friendly, 24hr maintenance, Parking, 24hr gym + more
Pet Paradise
Ideal living space near schools and nature
La Mirage Apartment Homes offers a refreshing living experience in Albuquerque's Northeast Heights with its spacious floor plans and numerous amenities. Residents appreciate the dry climate and proximity to nature with nearby parks and trails, ideal for those who enjoy the outdoors. The property's pet-friendly policy welcomes both cats and dogs, making it perfect for pet owners.
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5.0
Eagle Ranch Apartments
$1,299
9270 Eagle Ranch Road NW, Albuquerque, NM 87114
(505) 551-0593
Rent Savings
Top rated for Location
“NA”
14 units available
1 bed • 2 bed • 3 bed
Amenities
In unit laundry, Patio / balcony, Granite counters, Dishwasher, Pet friendly, 24hr maintenance + more
Convenient Locale
Ideally placed near shopping and dining options.
Eagle Ranch Apartments boasts a strategic location in the desirable Paradise Hills Civic neighborhood, offering fantastic access to local shopping and dining options just steps away. Cats and dogs are welcome in this vibrant community, which features impressive amenities such as a gym, pool, and clubhouse. Residents speak highly of the friendly and efficient staff, enjoying the well-maintained grounds and easy lifestyle the property offers.
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Andalucia Villas
$1,775
5300 Antequera Rd NW, Albuquerque, NM 87120
(505) 395-7869
28 units available
1 bed • 2 bed • 3 bed
Amenities
In unit laundry, Patio / balcony, Granite counters, Hardwood floors, Dishwasher, Pet friendly + more
Luxurious Comfort
Resort-style luxury in vibrant Albuquerque locale.
Andalucia Villas offers a resort-style living experience in Albuquerque's Westside. Residents enjoy elegant amenities like in-unit laundry, fireplaces, and attached garages. The property is ideally situated near the Bosque and Andalucia Shopping Center, providing convenience and recreational opportunities. Residents love the clean and safe environment, along with attentive staff and a vibrant community atmosphere.
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Mont 44
$964
4401 Montgomery Blvd NE, Albuquerque, NM 87109
(505) 587-5834
Rent Savings
20 units available
1 bed • 2 bed • 3 bed
Amenities
On-site laundry, Patio / balcony, Hardwood floors, Pet friendly, All utils included, 24hr maintenance + more
Prime Value
Exceptional Albuquerque living in ideal location.
Discover Mont44 Apartments in Albuquerque, where a sense of community and outstanding amenities converge. The property offers a mix of spacious units that offer great value in this prime location. Cats and dogs are welcome, allowing you to enjoy this pet-friendly lifestyle. The central location provides quick access to numerous parks, trails, and shopping centers.
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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 2 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

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

Nor Este

What it’s like to live in Nor Este

Mountain views dominate Nor Este, where Albuquerque's northeastern neighborhood offers high desert living with Sandia Mountain panoramas. The district features newer construction with energy-efficient designs increasingly valuable during New Mexico's extreme seasonal temperature variations. Nor Este's strategic positioning between both uptown employment and mountain recreation creates ideal balance for outdoor enthusiasts seeking practical living environments beyond purely scenic considerations increasingly important as remote work trends continue affecting housing decisions beyond purely commuting calculations.

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

Counties

Bernalillo County Apartments (438)

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

Villas Del Cielo

Retreat at Candelaria

The Pearl at Spring Creek

Eagle Point Apartments

Hacienda Norte Apartments

El Pueblo II Apartments

Hacienda Este Apartments

Fair Plaza Apartments

Casa Del Rey Oeste Apartments

Graceland Plaza Apartments

Ladera Vista Apartments

Income Restricted - La Vida Nueva

La Mirage

Eagle Ranch Apartments

Andalucia Villas

Mont 44

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?