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

411 rentals available

Allaso at High Desert
6701 Tennyson Street Northeast, Albuquerque, NM 87111
(505) 405-4325
$1,668+ moTotal price15-mo lease
31 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
$1,024+ moTotal price12-mo lease
Rent Savings
20 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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Odyssey
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10600 Cibola Loop Northwest, Albuquerque, NM 87114
(910) 838-6290
Contact for Availability
Amenities
W/D hookup, Patio / balcony, Dishwasher, Pet friendly, Garage, 24hr gym + more
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Canoan Village Apartments
5300 Eubank Boulevard Northeast, Albuquerque, NM 87111
(505) 594-9671
$965+ moTotal price12-mo lease
15 units available
Studio • 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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Milo
4217 Louisiana Blvd Ne, Albuquerque, NM 87109
(505) 234-1137
$738+ moTotal price12-mo lease
Rent Savings
14 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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The Overlook
$1,200
6200 Eubank Boulevard NE, Albuquerque, NM 87111
(505) 588-4448
43 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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Lumen
701 Stephen Moody Street Southeast, Albuquerque, NM 87110
(505) 337-3316
$1,255+ 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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Quincy
5905 Tierra Antigua Street NE, Albuquerque, NM 87111
(505) 539-2252
$1,188+ moTotal price12-mo lease
Rent Savings
9 units available
1 bed • 2 bed
Amenities
In unit laundry, Patio / balcony, Hardwood floors, Dishwasher, Pet friendly, Garage + more
Pet Haven
Prime spot near vibrant shopping and dining.
Quincy offers an exceptional living experience with spacious homes, modern amenities, and a location close to shopping and dining. Residents enjoy the convenience of having three parks and nine restaurants within a mile. The community features two outdoor pools and a fitness center, and welcomes both dogs and cats.
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Union 505
Ask for price
801 Locust Place Northeast, Albuquerque, NM 87102
(505) 933-7794
Rent Savings
Contact for Availability
Amenities
On-site laundry, Hardwood floors, Dishwasher, Pet friendly, New construction, 24hr maintenance + more
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Tierra Pointe
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6801 Los Volcanes Road Northwest, Albuquerque, NM 87121
(505) 509-1055
Contact for Availability
Amenities
On-site laundry, Patio / balcony, Hardwood floors, Dishwasher, Pet friendly, 24hr maintenance + more
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Uptown Square Apartments
$1,345
7000 Phoenix Avenue Neast, Albuquerque, NM 87110
(505) 404-0232
Rent Savings
14 units available
1 bed • 2 bed
Amenities
In unit laundry, Patio / balcony, Dishwasher, Pet friendly, 24hr maintenance, Garage + more
Amenity-Rich
Conveniently located with exceptional amenities.
Uptown Square offers an amenity-rich lifestyle in vibrant Albuquerque. Conveniently located near shopping, dining, and entertainment, the property provides easy access to all your daily needs. Residents enjoy spacious apartments with unique features like high ceilings and large balconies, along with a welcoming community atmosphere.
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Crescent Ridge
Ask for price
8200 Bridge Boulevard Southwest, Albuquerque, NM 87121
(505) 578-1977
Contact for Availability
Amenities
In unit laundry, Pet friendly, Recently renovated, Gym, Pool, Air conditioning + more
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The Ridge Apartments
$790
557 Tramway Blvd NE, Albuquerque, NM 87123
(505) 278-6715
Rent Savings
20 units available
1 bed • 2 bed • 3 bed
Amenities
On-site laundry, Patio / balcony, Dishwasher, Pet friendly, Parking, Pool + more
Prime Location
Modern living with scenic Albuquerque views
The Ridge Apartments offer stylish living in beautiful Albuquerque, NM. With a prime location, you'll enjoy easy access to a variety of parks, trails, and local eateries. The community features pet-friendly amenities, a pool, and a well-maintained fitness center, perfect for a convenient and luxurious lifestyle.
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Retreat at Candelaria
$928
3011 Jane Pl NE, Albuquerque, NM 87111
(505) 484-2449
21 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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Canyon Crest
$850
7303 Montgomery Boulevard Northeast, Albuquerque, NM 87109
(361) 322-6998
Rent Savings
12 units available
Studio • 1 bed • 2 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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Montecito at Northeast Heights
$1,013
5800 Harper Drive Northeast, Albuquerque, NM 87109
(505) 391-3319
Rent Savings
15 units available
Studio • 1 bed • 2 bed
Amenities
On-site laundry, Patio / balcony, Dishwasher, Pet friendly, 24hr maintenance, Parking + more
Complete Comfort
Spacious living with top-notch facilities.
Montecito at Northeast Heights offers premium apartments in Albuquerque with a plethora of modern amenities. Residents enjoy easy access to shopping, dining, and major highways, enhancing convenience. The property boasts a refreshing pool and state-of-the-art fitness center, while friendly management ensures a comfortable living experience.
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The average rent for a 1 bedroom apartment in Albuquerque is $1,306+, while the average rent for a 2 bedroom apartment is $1,571+. Rent rates updated 5 days ago

Studio: $947+Trending down
1 Bed: $1,306+Trending down
2 Beds: $1,571+Trending down
3+ Beds: $1,897+Trending down

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

Top neighborhoods in Albuquerque

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

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

Uptown

What it’s like to live in Uptown

Known for Route 66 murals and the KiMo Theatre, this cultural hub offers renters free Wednesday admission to the Albuquerque Museum and walkable access to Sawmill Market's artisanal eats. Studios ($1,600+) in converted warehouses attract creatives, though parking fills during summer festivals like Zozobra.

Great for

Families

Retirees

Professionals

Young Renters

Commuters

Neighborhood vibe

Mixed-Use

Peaceful

Mixed-Use & Commercial

Neighborhoods

More Rental Options

Bedrooms

Price

Amenities

Property Type

Albuquerque Short-term Apartments (80)

Cities

Counties

Bernalillo County Apartments (425)

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

Allaso at High Desert

The June

Odyssey

Canoan Village Apartments

Milo

The Overlook

Lumen

Quincy

Union 505

Tierra Pointe

Uptown Square Apartments

Crescent Ridge

The Ridge Apartments

Retreat at Candelaria

Canyon Crest

Montecito at Northeast Heights

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?