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

407 rentals available

Villa Serena
$1,049
12700 Indian School Rd NE, Albuquerque, NM 87112
(505) 591-9523
Rent Savings
9 units available
1 bed • 2 bed
Amenities
24hr laundry, Hardwood floors, Dishwasher, Pet friendly, 24hr maintenance, Cable included + more
View Oasis
Stunning Views and Prime Location in Albuquerque
Villa Serena in Albuquerque offers breathtaking views of the city skyline and mountains, perfect for anyone seeking a picturesque living experience. The community boasts a superb range of amenities, including a fitness center, swimming pool, and beautifully maintained grounds. Positioned close to shopping and dining, Villa Serena ensures that entertainment and convenience are always within reach.
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Mountain Run
$1,295
5800 Eubank Boulevard Northeast, Albuquerque, NM 87111
(505) 221-5207
Rent Savings
45 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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5.0
La Paloma
$1,235
6001 Moon St NE, Albuquerque, NM 87111
(505) 407-8902
Top rated for Location
“It's at convenient location, very clean, friendly, very responsive management, covered parking is little expensive.”
28 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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VIA
$801
4321 Montgomery Blvd NE, Albuquerque, NM 87109
(505) 594-0167
22 units available
Studio • 1 bed • 2 bed • 3 bed
Amenities
On-site laundry, Patio / balcony, Hardwood floors, Dishwasher, Pet friendly, 24hr maintenance + more
Convenient Location
Spacious, pet-friendly apartments with easy commuting options.
Via Apartments boasts a fantastic location in Albuquerque, offering convenient access to public transportation, shopping centers, and a wide variety of dining options. Residents enjoy spacious layouts and ample storage options in units that welcome both cats and dogs. The community atmosphere is complemented by a pool, gym, and friendly staff, creating a serene and enjoyable living experience.
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River Rock Apartments
$850
12301 Lomas Blvd NE, Albuquerque, NM 87112
(470) 722-8168
Rent Savings
10 units available
1 bed • 2 bed
Amenities
On-site laundry, Pet friendly, Parking, Recently renovated, Stainless steel, Walk in closets + more
Convenient Living
Vibrant Albuquerque living near local delights
River Rock Apartments offers a cost-effective living experience in Albuquerque, surrounded by a diverse range of dining and entertainment options. Cats and dogs are welcome, and the property is equipped with convenient amenities such as on-site laundry, a swimming pool, and a beautifully maintained courtyard. The attentive management team and well-maintained facilities guarantee a pleasant living environment.
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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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Marquee Village Apartments
$975
230 Spruce St NE, Albuquerque, NM 87106
(505) 576-7252
5 units available
1 bed • 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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Canoan Village Apartments
5300 Eubank Boulevard Northeast, Albuquerque, NM 87111
(505) 594-9671
$1,125+ moTotal price12-mo lease
13 units available
1 bed • 2 bed
Amenities
In unit laundry, Patio / balcony, Hardwood floors, Dishwasher, Pet friendly, 24hr maintenance + more
Stunning Views
Discover mountain and city vistas in Albuquerque.
Canoan Village Apartments offer spacious living with breathtaking mountain and city views from their large balconies. Residents enjoy a peaceful atmosphere and appreciate the management's responsiveness. The location provides easy access to shopping, dining, and outdoor activities for a convenient lifestyle.
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Chelsea Village Apartments
$910
7100 Natalie Ave NE, Albuquerque, NM 87110
(878) 728-9853
Rent Savings
19 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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The Overlook
$1,195
6200 Eubank Boulevard NE, Albuquerque, NM 87111
(505) 588-4448
44 units available
1 bed • 2 bed
Amenities
In unit laundry, Patio / balcony, Dishwasher, Pet friendly, Carport, Stainless steel + more
Pet Paradise
Prime locale near parks, top dining, and fun.
Enjoy a lively community with vibrant local attractions and amenities. The Overlook Apartments in Albuquerque boasts excellent accessibility to top dining spots, scenic parks, and entertainment venues, making weekends leisurely and exciting. With both dogs and cats allowed, our pet-friendly community is perfect for animal lovers seeking a home in a delightful neighborhood.
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Canyon Crest
$695
7303 Montgomery Boulevard Northeast, Albuquerque, NM 87109
(361) 322-6998
Rent Savings
21 units available
Studio • 1 bed • 2 bed • 3 bed
Amenities
On-site laundry, Patio / balcony, Hardwood floors, Pet friendly, Walk in closets, Gym + more
Pet-Friendly Oasis
Spacious living with included utilities and great amenities.
Canyon Crest offers a thriving community atmosphere, enhanced by positive feedback on spacious apartment layouts and outstanding maintenance service. Convenience is key, with essential amenities like restaurants and groceries within walking distance. Residents enjoy great value with utilities included, and pets are welcome.
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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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Norte Villas Apartments
$1,020
6001 Topke Place North East, Albuquerque, NM 87109
(505) 591-5985
Rent Savings
24 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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Del Rio Apartments
$1,175
4601 Montaño Road Northwest, Albuquerque, NM 87120
(505) 805-2878
Rent Savings
12 units available
1 bed • 2 bed
Amenities
In unit laundry, Patio / balcony, Hardwood floors, Dishwasher, Pet friendly, 24hr maintenance + more
Resort Amenities
Resort-style living with abundant amenities and scenic views.
Experience resort-style living at Del Rio Apartments in Albuquerque. Nestled in the scenic Taylor Ranch neighborhood, residents enjoy spacious floor plans with cozy fireplaces and private patios. The community offers a fully-equipped fitness center and resort-style swimming pool, making relaxation and recreation conveniently accessible.
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Oak Tree Park Apartments
$1,055
5800 Osuna Rd NE, Albuquerque, NM 87109
(505) 333-0270
26 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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Peaks at Sandia View
$975
1501 Indian School Road Northeast, Albuquerque, NM 87102
(505) 560-3372
Rent Savings
22 units available
1 bed • 2 bed
Amenities
24hr laundry, Patio / balcony, Dishwasher, Pet friendly, 24hr maintenance, Garage + more
Vibrant Lifestyle
Enjoy Albuquerque's Charm and Accessibility
Peaks at Sandia View offers a vibrant lifestyle in Albuquerque. With a wonderful mix of dining, shopping, and entertainment close by, you'll love the convenience and charm of city living. The pet-friendly environment, complete with a relaxing courtyard and modern amenities like a gym and pool, makes every day enjoyable.
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The average rent for a 1 bedroom apartment in Albuquerque is $1,254+, while the average rent for a 2 bedroom apartment is $1,534+. Rent rates updated 9 days ago

Studio: $966+Trending up
1 Bed: $1,254+Trending up
2 Beds: $1,534+Trending up
3+ Beds: $1,853+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
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
Taylor Ranch
View 9 listings
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
View 9 listings
South San Pedro
View 8 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 8 listings

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Albuquerque Short-term Apartments (77)

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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

Villa Serena

Mountain Run

La Paloma

VIA

River Rock Apartments

Spring Park

Marquee Village Apartments

Canoan Village Apartments

Chelsea Village Apartments

The Overlook

Canyon Crest

Villa Hermosa Apartments - Affordable Housing

Norte Villas Apartments

Del Rio Apartments

Oak Tree Park Apartments

Peaks at Sandia View

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

Taylor Ranch

What it’s like to live in Taylor Ranch

Great for

Neighborhood vibe

South San Pedro

What it’s like to live in South San Pedro

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?