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

431 rentals available

Whispering Sands
$949
12720 Central Avenue Southeast, Albuquerque, NM 87123
(251) 220-7719
Rent Savings
5 units available
1 bed
Amenities
On-site laundry, Patio / balcony, Hardwood floors, Dishwasher, Pet friendly, 24hr maintenance + more
Luxury Living
Stylish abode near parks and shopping delights.
Experience the pinnacle of luxury at Whispering Sands, nestled in Albuquerque's serene Singing Arrow neighborhood. Enjoy spacious, modern homes with breathtaking mountain views and easy access to public transport and shopping. The community boasts a stunning array of amenities from a sparkling pool to a racquetball court. Both dogs and cats are warmly welcomed, adding to the vibrant community atmosphere.
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Aspen Ridge
$935
820 Louisiana Boulevard Unit, Albuquerque, NM 87108
(505) 750-9517
1 unit available
2 bed
Amenities
W/D hookup, Patio / balcony, Dishwasher, Pet friendly, Parking, Pool + more
Pet Paradise
Convenient amenities in a pet-friendly community.
Aspen Ridge is a delightful community in Albuquerque, offering a wonderful blend of comfort and convenience with its pet-friendly policy. The property doesn't stop at accommodating pets; it's filled with enticing amenities such as a pool, clubhouse, and dog park. Residents commend the spacious, well-designed apartment layouts and rave about the welcoming atmosphere fostered by the management team.
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Villa La Charles
$1,320
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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Cibola Village Apts
$1,269
12400 Montgomery Blvd NE, Albuquerque, NM 87111
(505) 393-7398
8 units available
1 bed • 2 bed
Amenities
24hr laundry, Patio / balcony, Hardwood floors, Dishwasher, Pet friendly, Carport + more
Peaceful Living
Convenient oasis with pet-friendly charm.
Nestled in Albuquerque, Cibola Village offers a tranquil living environment complemented by an array of amenities. Residents benefit from nearby shopping and dining options just a short walk away. This pet-friendly community provides both cats and dogs a welcoming, comfortable space. The attentive management team and well-maintained grounds enhance the appeal of this charming locale.
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Sierra Meadows
$1,197
4236 Eubank Blvd NE, Albuquerque, NM 87111
(505) 552-4410
8 units available
1 bed • 2 bed • 3 bed
Amenities
On-site laundry, Patio / balcony, Hardwood floors, Dishwasher, Pet friendly, Parking + more
Ample Amenities
Spacious luxury with great value for residents.
Sierra Meadows offers spacious apartments noted for luxury and great value. The friendly management team enhances a stress-free living experience, and the property is ideal for families with pets. Conveniently located near dining, shopping, and scenic Sandia Mountain trails, residents enjoy a harmonious blend of city and outdoor life.
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Cantata at The Trails
6700 Cantata Street Northwest, Albuquerque, NM 87114
(505) 322-6969
$1,585+ moTotal price12-mo lease
Rent Savings
14 units available
1 bed • 2 bed • 3 bed
Amenities
In unit laundry, Patio / balcony, Hardwood floors, Dishwasher, Pet friendly, Garage + more
Luxury Living
Luxury living in a prime Albuquerque spot.
Cantata at The Trails offers a harmonious blend of luxury and convenience in Albuquerque's sought-after Paradise Hills Civic neighborhood. Residents rave about the peaceful atmosphere and superb management. Enjoy well-maintained amenities like a pool, gym, and more while living near top schools, parks, and dining options.
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Casa Tierra
$1,385
4949 San Pedro Drive NE, Albuquerque, NM 87109
(505) 405-5626
4 units available
2 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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Broadstone Towne Center
$1,510
1801 Gibson Boulevard Southeast, Albuquerque, NM 87106
(505) 933-7456
Rent Savings
28 units available
1 bed • 2 bed • 3 bed
Amenities
In unit laundry, Patio / balcony, Granite counters, Hardwood floors, Dishwasher, Pet friendly + more
Community Appeal
Spacious modern living with vibrant community events.
Experience the vibrant community of Broadstone Towne Center Apartments. With spacious, modern interiors and a wealth of amenities, this property is a renter's dream. The location offers easy access to numerous parks and restaurants within a mile. Relax by the resort-style pools or enjoy the community's popular events.
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Cresta North Valley
$1,590
3308 4th NW, Albuquerque, NM 87107
(505) 499-4824
Rent Savings
4 units available
2 bed
Amenities
In unit laundry, Patio / balcony, Dishwasher, Pet friendly, 24hr maintenance, Garage + more
Urban Oasis
Centrally located with excellent amenities and outdoor access.
Cresta North Valley offers a prime location in Albuquerque's heart, a short distance from downtown and major interstates. Residents enjoy modern studio, one-, and two-bedroom units with spacious open floor plans. The property boasts luxurious amenities like a fitness center, assigned parking, and both cats and dogs are welcome.
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Aya ABQ
5324 San Mateo Blvd. NE, Albuquerque, NM 87109
(659) 218-3617
$1,212+ moTotal price12-mo lease
20 units available
1 bed • 2 bed
Amenities
In unit laundry, Patio / balcony, Dishwasher, Pet friendly, Parking, Stainless steel + more
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Union 505
801 Locust Place Northeast, Albuquerque, NM 87102
(505) 933-7794
$744+ moTotal price12-mo lease
Rent Savings
20 units available
Studio • 1 bed • 2 bed
Amenities
On-site laundry, Hardwood floors, Dishwasher, Pet friendly, New construction, 24hr maintenance + more
Amenity-Rich
Vibrant living with top-tier amenities in Albuquerque.
Union 505 offers an exceptional living experience with abundant amenities that include a well-equipped gym, a pristine pool, and diverse recreation options. Its convenient location ensures you're just moments away from downtown excitement, Nob Hill charm, and the University of New Mexico. Residents praise the friendly, responsive staff and spacious apartments with various floor plans. Plus, pets are welcome, adding to the community's vibrant atmosphere.
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4.0
Arrowhead Pointe
12021 Skyline Road Northeast, Albuquerque, NM 87123
(505) 278-7685
$943+ moTotal price12-mo lease
Top rated for Location
16 units available
1 bed • 2 bed
Amenities
W/D hookup, Patio / balcony, Dishwasher, Pet friendly, Parking, Pool + more
Scenic Serenity
Peaceful mountain views with friendly onsite team.
Arrowhead Pointe offers scenic mountain views, nestled in the tranquil Sandia Ridge East. This community is known for its peace and quiet, perfect for those seeking a serene environment. Residents love the accommodating staff and enjoy the easy access to local parks and restaurants within walking distance.
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Aydan
6000 Montano Plaza Dr, Albuquerque, NM 87120
(484) 232-3104
$1,217+ moTotal price12-mo lease
Rent Savings
12 units available
1 bed • 2 bed
Amenities
In unit laundry, Patio / balcony, Dishwasher, Pet friendly, Carport, Recently renovated + more
Resort Lifestyle
Enjoy resort-style amenities and convenient Albuquerque location.
Aydan Apartments offers a resort-inspired experience with amenities like a 24-hour gym, a year-round hot tub, and tennis courts. Located in Taylor Ranch, residents appreciate the easy access to shopping, dining, and multiple parks and schools within a mile. Both cats and dogs are welcome, ensuring a pet-friendly environment for all. The management is known for being responsive, providing a seamless living experience.
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Diamond Mesa
2300 Diamond Mesa Trail Southwest, Albuquerque, NM 87121
(707) 229-1142
$1,474+ moTotal price12-mo lease
Rent Savings
24 units available
1 bed • 2 bed • 3 bed • 4 bed
Amenities
In unit laundry, Patio / balcony, Granite counters, Hardwood floors, Dishwasher, Pet friendly + more
Comprehensive Amenities
Delightful Location with Unmatched Amenities
Diamond Mesa offers a tranquil atmosphere with a host of modern amenities such as a state-of-the-art gym, two sparkling swimming pools, and a relaxing hot tub. Residents rave about the spacious townhomes and the sense of community fostered by the friendly and supportive staff. The location is great for accessing universities and military bases, and is surrounded by tranquil parks.
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Eagle Point Apartments
4401 Morris Street Northeast, Albuquerque, NM 87111
(505) 209-7201
$915+ moTotal price12-mo lease
Rent Savings
20 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 Sur Apartments
$828
225 Adams Street Southeast, Albuquerque, NM 87108
(505) 295-2703
3 units available
1 bed
Amenities
On-site laundry, Pet friendly, 24hr maintenance, Parking, Air conditioning, Ceiling fan + more
Pet Oasis
Convenient Albuquerque Location with Modern Comforts
Hacienda Sur Apartments offers a convenient location with easy access to the University of New Mexico and Downtown Albuquerque. Residents love the quiet, peaceful community with modern amenities like on-site laundry and air conditioning. The property stands out as a pet-friendly choice, welcoming both cats and dogs, with ample parking and a neighborhood that residents find delightful to walk around.
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The average rent for a 1 bedroom apartment in Albuquerque is $1,259+, while the average rent for a 2 bedroom apartment is $1,520+. Rent rates updated 3 days ago

Studio: $956+Trending down
1 Bed: $1,259+Trending down
2 Beds: $1,520+Trending down
3+ Beds: $1,826+Trending down

* 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

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

Neighborhoods

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Bedrooms

Price

Amenities

Property Type

Albuquerque Short-term Apartments (80)

Cities

Counties

Bernalillo County Apartments (447)

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

Whispering Sands

Aspen Ridge

Villa La Charles

Cibola Village Apts

Sierra Meadows

Cantata at The Trails

Casa Tierra

Broadstone Towne Center

Cresta North Valley

Aya ABQ

Union 505

Arrowhead Pointe

Aydan

Diamond Mesa

Eagle Point Apartments

Hacienda Sur Apartments

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?