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

429 rentals available

4100 Silver Ave SE
$1,300
4100 Silver Avenue Southeast, Albuquerque, NM 87108
(505) 578-5222
2 units available
1 bed • 2 bed
Amenities
In unit laundry, Dishwasher, Garage, Stainless steel, Coffee bar, Air conditioning + more
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Lomas Gardens
$815
12601 Lomas Boulevard Northeast, Albuquerque, NM 87112
(505) 308-1647
3 units available
1 bed • 2 bed
Amenities
On-site laundry, Parking, Range, and Refrigerator
Convenient Access
Enjoy scenic views and nearby Albuquerque amenities
Lomas Gardens stands out with its beautiful balconies, offering scenic views and fresh air. Residents enjoy ease with on-site laundry and off-street parking. The location provides convenient access to shops, restaurants, and parks, offering plenty of nearby activities.
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Tierra Del Sol
$825
5817 Central Avenue Northwest, Albuquerque, NM 87105
(505) 551-0548
2 units available
1 bed
Amenities
Dishwasher, Parking, Air conditioning, Clubhouse, Accessible, and Range
Great Value
Beautiful apartments at a cost-effective price
Tierra Del Sol offers exceptional value in the Albuquerque area, with pricing significantly below the metro average. Residents rave about its convenient location, boasting easy access to local shops, dining, and public transportation. The well-maintained amenities, including a swimming pool and fitness center, further elevate the living experience.
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505 Central
$1,200
505 Central Avenue Northwest, Albuquerque, NM 87102
(505) 551-0292
2 units available
Studio
Amenities
In unit laundry, Dishwasher, Pet friendly, Stainless steel, Air conditioning, Microwave + more
Downtown Charm
Vibrant Downtown Living With Modern Conveniences
505 Central offers a prime downtown Albuquerque location, providing easy access to an array of local attractions and conveniences. Residents rave about the stylish, industrial design and the vibrant atmosphere, thanks to on-site dining and entertainment options. With both cats and dogs welcome, this property is perfect for pet lovers.
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Desert Creek
4300 Pan American Fwy NE, Albuquerque, NM 87107
(424) 347-1198
$714+ moTotal price12-mo lease
18 units available
Studio • 1 bed • 2 bed
Amenities
On-site laundry, Patio / balcony, Dishwasher, Pet friendly, Parking, Walk in closets + more
Spacious Living
Quiet retreat near Albuquerque's attractions
Desert Creek Apartment Homes offer a serene and spacious living environment with easy access to Albuquerque's vibrant lifestyle. Enjoy a pet-friendly community with amenities like a pool, gym, and hot tub. Located near dining, shopping, and major highways, residents appreciate the convenience and comfort this community provides.
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The Landmark
$1,199
6303 Indian School Rd NE, Albuquerque, NM 87110
(505) 395-5506
12 units available
Studio • 1 bed • 2 bed • 3 bed
Amenities
24hr laundry, Patio / balcony, Dishwasher, Pet friendly, New construction, 24hr maintenance + more
Convenient Comfort
Easy Uptown Access with Luxurious Amenities.
The Landmark in Albuquerque offers a perfect blend of convenience and comfort. Located in Uptown, it is surrounded by shopping, dining, and entertainment venues, all within a short stroll. Residents appreciate the spacious layouts and exquisite design of the apartments, along with stellar service from the friendly staff.
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Las Brisas
$991
1201 San Pedro Drive Southeast, Albuquerque, NM 87108
(262) 333-6344
6 units available
1 bed • 2 bed
Amenities
On-site laundry, Patio / balcony, Hardwood floors, Dishwasher, Pet friendly, 24hr maintenance + more
Convenient Living
Close to UNM and VA, Kirtland AFB easily accessible.
Las Brisas combines convenience with an array of desirable amenities. Located near Kirtland AFB, UNM, and the VA Hospital, this property offers easy access to key city spots. With pools, a grilling area, and on-site laundry, it's the ideal place for comfortable living. Reviews point out the spacious two-bedroom apartments and the helpful, friendly staff.
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4.0
Casa Del Rey Norte
$836
124 Cardenas Dr NE, Albuquerque, NM 87108
(505) 278-6746
Top rated for Location
“The property is maintained well. The homeless outside destroy trash.”
6 units available
1 bed
Amenities
On-site laundry, Pet friendly, 24hr maintenance, Parking, Air conditioning, Ceiling fan + more
Strategic Location
Conveniently Located Near University and Downtown
Casa Del Rey Norte is a cost-effective gem offering a strategic location just off the historic Route 66. With easy access to the University of New Mexico and Downtown Albuquerque, commuting is a breeze. Residents enjoy the convenience of on-site laundry and appreciate the peace of mind provided by 24-hour maintenance. The property is also pet-friendly, welcoming both cats and dogs.
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Fully Furnished Home!
$2,495
2210 Broadway Boulevard Northeast, Albuquerque, NM 87102
(505) 591-1165
1 unit available
2 bed
Amenities
Pet friendly, All utils included, Garage, Internet access, Furnished, and Carpet
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Beautiful 3-Bedroom Home in Tierra Oeste – Modern Comfort in NW Albuquerque
$2,250
8804 Zephyr Place Northwest, Albuquerque, NM 87120
(505) 666-4909
1 unit available
3 bed
Amenities
In unit laundry, Patio / balcony, Dogs allowed, Garage, Stainless steel, Walk in closets + more
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2937 Hyder SE
$2,350
2937 Hyder Avenue Southeast, Albuquerque, NM 87106
(505) 209-8966
1 unit available
3 bed
Amenities
In unit laundry, Hardwood floors, Dishwasher, Dogs allowed, All utils included, Parking + more
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La Ventana Apartments
$1,509
12200 Academy Rd NE, Albuquerque, NM 87111
(505) 278-5090
18 units available
1 bed • 2 bed • 3 bed
Amenities
In unit laundry, Nest technology, Patio / balcony, Dishwasher, Pet friendly, 24hr maintenance + more
Desert Oasis
Scenic Living in Peppertree-Royal Oak.
La Ventana Apartments is your personal desert oasis nestled at the base of the Sandia Mountains. Residents enjoy prompt maintenance service and meticulously kept grounds. A convenient location places you near shopping, dining, and outdoor recreation like hiking trails.
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Telegraph Hill
$1,181
7000 Louisiana Blvd NE, Albuquerque, NM 87109
(505) 365-6648
19 units available
1 bed • 2 bed
Amenities
In unit laundry, Patio / balcony, Hardwood floors, Dishwasher, Pet friendly, 24hr maintenance + more
Community Charm
Cozy neighborhood with a strong sense of community.
Telegraph Hill rests in a cozy neighborhood, surrounded by shady trees and contemporary designs. Residents have consistently praised the friendly and efficient team, fostering community connections through various social events. Conveniently located, it offers easy access to local shopping and dining, enhancing your lifestyle.
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Solaire
$1,255
3550 Old Airport Rd NW, Albuquerque, NM 87114
(505) 605-6524
26 units available
1 bed • 2 bed • 3 bed
Amenities
In unit laundry, Patio / balcony, Dishwasher, Pet friendly, 24hr maintenance, Carport + more
Convenient Living
Exceptional amenities and vibrant local community.
Solaire Apartments offers a blend of modern comfort and vibrant surroundings, just minutes from downtown Albuquerque. Enjoy a plethora of amenities, including a resort-inspired pool, fitness center, and clubhouse. Residents cherish the pet-friendly atmosphere with an onsite dog park and the property's proximity to fantastic dining, entertainment, and shopping options.
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Broadstone Heights
$1,396
8100 Barstow Street NE, Albuquerque, NM 87122
(505) 591-4472
Rent Savings
25 units available
1 bed • 2 bed • 3 bed
Amenities
In unit laundry, Patio / balcony, Hardwood floors, Dishwasher, Pet friendly, 24hr maintenance + more
Modern Living
Conveniently located with exceptional amenities.
Experience exceptional living at Broadstone Heights, offering delightful apartment comforts and fantastic amenities. Situated in a prime location, residents have access to Albuquerque's best attractions, dining, and entertainment. This pet-friendly community caters to both cats and dogs, providing a warm and inviting atmosphere.
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5.0
Dorado Heights
$945
11800 MONTGOMERY BOULEVARD NE, Albuquerque, NM 87111
(505) 207-9918
Top rated for Location
“From the initial walk-in to speak to an representive, to an actual walk thru of unit available, I only experience top notch professionalism and curtesy all my inquires. I moved in earlier as planned, but only because I didn't want to loose the unit that I found favorable to suit my needs. Dorado Heights Apartments is a blessing and so far can only say wonderful things about the property and even more about the Awesome Management and Staff in the Leasing Office. I wouldn't hesitate to recomment Dorado Heights Apartments to any of my friends, family, coworkers, etc.”
22 units available
Studio • 1 bed • 2 bed
Amenities
On-site laundry, Patio / balcony, Dishwasher, Pet friendly, Parking, Recently renovated + more
Community Charms
Live comfortably near abundant conveniences and attractions.
Welcome to Dorado Heights, where you'll experience a vibrant community enriched with conveniences. Relish in our spacious, pet-friendly apartments with modern features like walk-in closets and private patios. Our prime Albuquerque location offers quick access to local favorites like Central New Mexico Community College and Sandia Peak. Enrich your lifestyle with our pristine amenities, from a sparkling pool to a state-of-the-art gym.
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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 5 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

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

More Rental Options

Bedrooms

Price

Amenities

Property Type

Albuquerque Short-term Apartments (77)

Cities

Counties

Bernalillo County Apartments (443)

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

4100 Silver Ave SE

Lomas Gardens

Tierra Del Sol

505 Central

Desert Creek

The Landmark

Las Brisas

Casa Del Rey Norte

Fully Furnished Home!

Beautiful 3-Bedroom Home in Tierra Oeste – Modern Comfort in NW Albuquerque

2937 Hyder SE

La Ventana Apartments

Telegraph Hill

Solaire

Broadstone Heights

Dorado 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?