Albuquerque/ Real Estate & Development
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Published on November 22, 2019
Renting in Albuquerque: What's the cheapest apartment available right now?4501 Shepard Road NE. | Photo: Apartment Guide

Housing costs got you down? Though apartment hunting can be frustrating, there are deals to be had. So what does the low-end pricing on a rental in Albuquerque look like these days — and what might you get for your money?

We took a look at local listings for studios and one-bedroom apartments in Albuquerque via rental sites Zumper and Apartment Guide to find out what budget-minded apartment seekers can expect to find.

Read on for the cheapest listings available right now. (Note: Prices and availability are subject to change.)

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5801 Haines Ave. NE

Photo: Zumper

Listed at $500/month, this 400-square-foot studio apartment, located at 5801 Haines Ave. NE in Alvarado Park, is 9.1% less than the median rent for a studio in Albuquerque, which is currently estimated at around $550/month.

The building features secured entry and on-site laundry. Also, expect carpeted floors in the apartment. Good news for animal lovers: Both dogs and cats are welcome here. Be prepared for a $40 application fee.

According to Walk Score, this location is moderately walkable, is convenient for biking and has a few nearby public transportation options.

(See the complete listing here.)

7220 Central Ave. SE

Photo: Apartment Guide

This studio apartment, situated at 7220 Central Ave. SE in Trumbull Village, is listed for $509/month for its 326 square feet.

You'll find carpeted floors, a dishwasher and a walk-in closet in the apartment. The building offers garage parking and secured entry. For those with furry friends in tow, know that cats and dogs are permitted on this property. The listing specifies a $100 pet deposit.

According to Walk Score, this location is quite walkable, is fairly bikeable and has some transit options.

(See the complete listing here.)

4501 Shepard Road NE

Photo: Apartment Guide

Next up is this 440-square-foot studio apartment, located at 4501 Shepard Road NE in McKinley and listed for $530/month.

The building offers garage parking, a gym and secured entry. In the unit, look for a dishwasher. Pet owners, take heed: Cats and dogs are welcome.

Walk Score indicates that this location is car-dependent, is bikeable and has a few nearby public transportation options.

(Here's the listing.)

117 High St. NE

Photo: Zumper

And here's a one-bedroom, one-bathroom living space at 117 High St. NE, which, with 650 square feet, is going for $595/month.

The building features secured entry, outdoor space and on-site laundry. The unit also comes with hardwood flooring. When it comes to pets, both meows and barks are allowed. Future tenants needn't worry about a leasing fee.

According to Walk Score's assessment, the area around this address is friendly for those on foot, is very bikeable and offers many nearby public transportation options.

(Check out the listing here.)


This story was created automatically using local real estate data from Zumper and Apartment Guide, then reviewed by an editor. Click here for more about what we're doing. Additionally, if you’re in the real estate business learn how to do local real estate advertising in your ZIP codes.

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