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apartments under 700
Last updated January 22 2020 at 5:08 AM

44 Apartments under $700 for rent in Albuquerque, NM

Verified
Last updated January 22 at 04:17am
7 Units Available
The Pearl at Spring Creek
5600 Gibson Blvd SE, Albuquerque, NM
1 Bedroom
$650
600 sqft
2 Bedrooms
$760
883 sqft
Beautiful community with a newly renovated clubhouse, business center, fitness center, swimming pool and spa. Pet-friendly with a dog park on premises. Recently updated apartments with hardwood floors and fireplaces.
Verified
Last updated January 22 at 12:06am
Fair West
4 Units Available
Casa Del Rey Sur
112 Cardenas Dr NE, Albuquerque, NM
1 Bedroom
$595
546 sqft
White Oak Apartments Leasing Office is located just off of the historic Route 66 (Central Ave) and Cardenas Dr NE. Take a look at one of our many properties conveniently located close to University of New Mexico and Downtown Albuquerque.
Verified
Last updated January 22 at 12:56am
Nob Hill
7 Units Available
Graceland Plaza Apartments
312 Graceland Drive Southeast, Albuquerque, NM
1 Bedroom
$695
686 sqft
White Oak Apartments Leasing Office is located just off of the historic Route 66 (Central Ave) and Cardenas Dr NE. Take a look at one of our many properties conveniently located close to University of New Mexico and Downtown Albuquerque.
Verified
Last updated January 21 at 11:16am
South San Pedro
1 Unit Available
French Quarter
1101 Palomas Dr SE, Albuquerque, NM
1 Bedroom
$590
627 sqft
The French Quarter Apartments is a great and quiet community on the Southeast side of Albuquerque. Near Kirkland Air force Base. We offer renovated apartments at a great price. New flooring, New appliances, Spacious units with lots of storage.
Verified
Last updated January 22 at 12:19am
Highland Business
2 Units Available
Hacienda Norte Apartments
201 Adams Street Southeast, Albuquerque, NM
1 Bedroom
$599
570 sqft
White Oak Apartments Leasing Office is located just off of the historic Route 66 (Central Ave) and Cardenas Dr NE. Take a look at one of our many properties conveniently located close to University of New Mexico and Downtown Albuquerque.
Verified
Last updated January 22 at 04:16am
La Sala Grande
12 Units Available
Sedona Ridge
3400 Wyoming Blvd NE, Albuquerque, NM
1 Bedroom
$658
485 sqft
2 Bedrooms
$772
904 sqft
3 Bedrooms
$1,128
1290 sqft
Offering spacious floor plans, exceptional amenities, a convenient location and top-notch apartment rentals, Sedona Ridge Apartments is an ideal apartment community in Albuquerque, NM that you’ll be proud to call home.
Verified
Last updated January 22 at 12:13am
42 Units Available
Spain Gardens
8401 Spain Rd NE, Albuquerque, NM
Studio
$630
375 sqft
1 Bedroom
$675
591 sqft
2 Bedrooms
$785
938 sqft
Lush setting on over 37 well-maintained acres. Units with all-electric kitchens, pantries, swamp cooler A/C, and vinyl flooring. Basketball and tennis courts, billiards, and a resort-style pool.
Verified
Last updated January 22 at 12:26am
Singing Arrow
14 Units Available
Whispering Sands
220 Western Skies Dr SE, Albuquerque, NM
1 Bedroom
$625
650 sqft
2 Bedrooms
$725
950 sqft
Whispering Sands Apartments offers a quiet community with plenty of amenities. Apartments here offer luxurious features including refrigerators, walk-in closets and ceiling fans. The community is pet friendly and features a pool and basketball court.
Verified
Last updated January 22 at 04:17am
27 Units Available
Arrowhead Pointe
12021 Skyline Rd NE, Albuquerque, NM
1 Bedroom
$590
613 sqft
2 Bedrooms
$800
975 sqft
3 Bedrooms
$1,045
1254 sqft
Arrowhead Pointe is a comfortable apartment community that offers views of the Sandia Mountains. Units feature fireplaces, ovens, ranges, refrigerators and carpet. The community offers on-site laundry and pool.
Verified
Last updated January 22 at 04:17am
Los Volcanes
36 Units Available
Tierra Pointe Apartments
6901 Los Volcanes Rd NW, Albuquerque, NM
Studio
Ask
1 Bedroom
$585
465 sqft
2 Bedrooms
$704
689 sqft
Set on the banks of the Rio Grande River. Studio, one-, two- and three-bedroom apartments offer spacious layouts. Amenities include hardwood floors, patios, 24-hour maintenance, dishwashers, a playground, and outdoor recreation.
Verified
Last updated January 22 at 12:49am
Eldorado Heights
12 Units Available
Dorado Heights Apts
11800 Montgomery Blvd NE, Albuquerque, NM
1 Bedroom
$650
508 sqft
2 Bedrooms
$775
750 sqft
Welcome to Dorado Heights Apartments in Albuquerque Offering the ideal balance of location, amenities, and style, Dorado Heights Apartments in Albuquerque offer residents many luxuries and ways to enjoy living in a friendly and welcoming community.
Verified
Last updated January 22 at 12:14am
Victory Hills
8 Units Available
Income Restricted - La Vida Nueva
1200 Dickerson Drive Southeast, Albuquerque, NM
2 Bedrooms
$650
749 sqft
We are an Income Restricted Community. All applicants must income qualify. Welcome to La Vida Nueva Apartments in Albuquerque, New Mexico. You will be very comfortable in your new home at our convenient location.
Verified
Last updated January 22 at 12:59am
Raynolds Addition
16 Units Available
Alvarado Apartments
611 Lead Ave SW, Albuquerque, NM
Studio
$670
432 sqft
1 Bedroom
$825
724 sqft
2 Bedrooms
Ask
Alvarado offers one and two bedroom apartment homes that come in several different plan options.
Verified
Last updated January 22 at 12:43am
Sandia High School Area
23 Units Available
Indigo Park
7600 Montgomery Blvd NE, Albuquerque, NM
1 Bedroom
$699
680 sqft
2 Bedrooms
$815
971 sqft
3 Bedrooms
$1,147
1140 sqft
Minutes from downtown and the University of New Mexico. This modern community offers two pools, a full fitness center, and a park-like setting. Interiors feature updated appliances and open floor plans.
Verified
Last updated January 22 at 04:16am
South San Pedro
2 Units Available
El Pueblo I Apartments
6020 Kathryn Avenue Southeast, Albuquerque, NM
1 Bedroom
$605
695 sqft
White Oak Apartments Leasing Office is located just off of the historic Route 66 (Central Ave) and Cardenas Dr NE. Take a look at one of our many properties conveniently located close to University of New Mexico and Downtown Albuquerque.
Verified
Last updated January 22 at 04:16am
Chelwood Vista
8 Units Available
Income Restricted - Sandia Vista
901 Tramway Boulevard Northeast, Albuquerque, NM
1 Bedroom
$536
590 sqft
2 Bedrooms
$608
800 sqft
3 Bedrooms
$693
980 sqft
We are an Income Restricted Community. All applicants must income qualify. Welcome to Sandia Vista Apartments in Albuquerque, New Mexico. You will be very comfortable in your new home at our convenient location.
Verified
Last updated January 22 at 04:17am
La Reina De Los Altos
11 Units Available
Retreat at Candelaria
3011 Jane Pl NE, Albuquerque, NM
1 Bedroom
$640
575 sqft
2 Bedrooms
$745
891 sqft
Close to shopping and dining, with an easy commute to Downtown. Air conditioned apartments with ceiling fans, fireplaces, balconies, dishwashers, and oversized closets. Electronic payments accepted.
Verified
Last updated January 17 at 07:01am
Panorama Heights
8 Units Available
Mountain Vista Apartments
1501 Tramway Blvd NE, Albuquerque, NM
1 Bedroom
$650
629 sqft
2 Bedrooms
$750
829 sqft
3 Bedrooms
$950
1050 sqft
Minutes away from downtown Albuquerque in the Sandia Mountains. Community features covered parking and picnic areas, pools, playground and walking/biking trails. Units have private patio/balcony and extra storage.
Verified
Last updated January 22 at 12:54am
Fair West
2 Units Available
Casa Del Rey Norte
124 Cardenas Dr NE, Albuquerque, NM
1 Bedroom
$595
546 sqft
White Oak Apartments Leasing Office is located just off of the historic Route 66 (Central Ave) and Cardenas Dr NE. Take a look at one of our many properties conveniently located close to University of New Mexico and Downtown Albuquerque.
Verified
Last updated January 22 at 12:49am
South San Pedro
1 Unit Available
El Pueblo II Apartments
6021 Anderson Avenue Southeast, Albuquerque, NM
1 Bedroom
$605
695 sqft
White Oak Apartments Leasing Office is located just off of the historic Route 66 (Central Ave) and Cardenas Dr NE. Take a look at one of our many properties conveniently located close to University of New Mexico and Downtown Albuquerque.
Verified
Last updated January 22 at 12:28am
Highland Business
1 Unit Available
Hacienda Este Apartments
225 Jefferson Street Southeast, Albuquerque, NM
1 Bedroom
$599
625 sqft
White Oak Apartments Leasing Office is located just off of the historic Route 66 (Central Ave) and Cardenas Dr NE. Take a look at one of our many properties conveniently located close to University of New Mexico and Downtown Albuquerque.
Verified
Last updated January 22 at 12:28am
Fair Heights
1 Unit Available
Fair Plaza Apartments
5901 Alice Avenue Northeast, Albuquerque, NM
1 Bedroom
$640
527 sqft
White Oak Apartments Leasing Office is located just off of the historic Route 66 (Central Ave) and Cardenas Dr NE. Take a look at one of our many properties conveniently located close to University of New Mexico and Downtown Albuquerque.
Verified
Last updated January 22 at 12:39am
Fair West
1 Unit Available
Casa Del Rey Oeste Apartments
125 Cardenas Drive Northeast, Albuquerque, NM
1 Bedroom
$565
528 sqft
White Oak Apartments Leasing Office is located just off of the historic Route 66 (Central Ave) and Cardenas Dr NE. Take a look at one of our many properties conveniently located close to University of New Mexico and Downtown Albuquerque.
Last updated January 22 at 05:02am
South San Pedro
1 Unit Available
1401 Cardenas Drive Southeast
1401 Cardenas Dr SE, Albuquerque, NM
2 Bedrooms
$695
905 sqft
2 bedroom,1 bath unit at Home @ Valencia. Quaint individual unit. Community outdoor BBQ'S with tables and chairs and pool. Gated courtyard.

January 2020 Albuquerque Rent Report

Welcome to the January 2020 Albuquerque Rent Report. Albuquerque rents declined over the past month. In this report, we'll evaluate trends in the Albuquerque rental market, including comparisons to similar cities nationwide.

View full Rent Report

January 2020 Albuquerque Rent Report

Welcome to the January 2020 Albuquerque Rent Report. Albuquerque rents declined over the past month. In this report, we'll evaluate trends in the Albuquerque rental market, including comparisons to similar cities nationwide.

Albuquerque rents declined slightly over the past month

Albuquerque rents have declined 0.2% over the past month, but are up slightly by 1.9% in comparison to the same time last year. Currently, median rents in Albuquerque stand at $722 for a one-bedroom apartment and $886 for a two-bedroom. This is the third straight month that the city has seen rent decreases after an increase in September. Albuquerque's year-over-year rent growth leads the state average of 1.7%, as well as the national average of 1.4%.

    Albuquerque rents more affordable than many other large cities nationwide

    As rents have increased slightly in Albuquerque, a few similar cities nationwide have also seen rents grow modestly. Albuquerque is still more affordable than most comparable cities across the country.

    • Albuquerque's median two-bedroom rent of $886 is below the national average of $1,192. Nationwide, rents have grown by 1.4% over the past year compared to the 1.9% rise in Albuquerque.
    • While Albuquerque's rents rose slightly over the past year, many cities nationwide also saw increases, including Phoenix (+3.8%), Dallas (+2.2%), and Seattle (+1.8%).
    • Renters will find more reasonable prices in Albuquerque than most similar cities. For example, San Francisco has a median 2BR rent of $3,088, which is nearly three-and-a-half times the price in Albuquerque.

    For more information check out our national report. You can also access our full data for cities and counties across the U.S. at this link.

    Methodology - Recent Updates:

    Data from private listing sites, including our own, tends to skew toward luxury apartments, which introduces sample bias when estimates are calculated directly from these listings. To address these limitations, we’ve recently made major updates to our methodology, which we believe have greatly improved the accuracy and reliability of our estimates.

    Read more about our new methodology below, or see a more detailed post here.

    Methodology:

    Apartment List is committed to making our rent estimates the best and most accurate available. To do this, we start with reliable median rent statistics from the Census Bureau, then extrapolate them forward to the current month using a growth rate calculated from our listing data. In doing so, we use a same-unit analysis similar to Case-Shiller’s approach, comparing only units that are available across both time periods to provide an accurate picture of rent growth in cities across the country.

    Our approach corrects for the sample bias inherent in other private sources, producing results that are much closer to statistics published by the Census Bureau and HUD. Our methodology also allows us to construct a picture of rent growth over an extended period of time, with estimates that are updated each month.

    Read more about our methodology here.

    About Rent Reports:

    Apartment List publishes monthly reports on rental trends for hundreds of cities across the U.S. We intend these reports to be a source of reliable information that help renters and policymakers make sound decisions, and we invest significant time and effort in gathering and analyzing rent data. Our work is covered regularly by journalists across the country.

    We are continuously working to improve our methodology and data, with the goal of providing renters with the information that they need to make the best decisions.

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