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Apartments for Rent in Albuquerque, NM under $1500

650 Rentals Available
Apartments for Rent in Albuquerque, NM under $1500. 650 Rentals Available
  • a living room with a couch and a table
    Today

    3011 Jane Pl NE, Albuquerque, NM 87111
    1 BED $848+
    2 BEDS $982+
  • a living room and kitchen with a couch and a table
    Today

    3308 4Th NW, Albuquerque, NM 87107
    STUDIO $899+
    1 BED $1,125+
    2 BEDS $1,333+
  • a playground in a courtyard of a building in a city
    Today

    5710 Avalon Road NW, Albuquerque, NM 87105
    1 BED Ask for Pricing
    2 BEDS Ask for Pricing
    3 BEDS Ask for Pricing
  • a kitchen and living room with a sink and a dining room table
    Today

    12720 Central Ave SE, Albuquerque, NM 87123
    1 BED Ask for pricing
    2 BEDS $1,125+
  • a living room with a couch and a table with a bottle of wine
    Today

    3131 Adams Street NE, Albuquerque, NM 87110
    1 BED $1,139+
    2 BEDS $1,499+
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  • a living room and dining room with a couch and a table
    Today

    8200 Bridge Blvd SW, Albuquerque, NM 87121
    1 BED Ask for pricing
    2 BEDS $1,178+
    3 BEDS $1,359+
  • an empty living room with wood flooring and a window
    Today

    1036 Alvarado Drive Southeast, Albuquerque, NM 87108
    1 BED $850
    2 BEDS $1,025
  • a living room with a fireplace and a table and chairs
    Today

    9270 Eagle Ranch Road NW, Albuquerque, NM 87114
    1 BED $1,310+
  • a living room with a couch and a coffee table
    Today

    8401 Spain Road NE, Albuquerque, NM 87111
    1 BED $890+
    2 BEDS $1,280+
  • a living room and dining room with a couch and a table
    Today

    3608 Ladera Drive NW, Albuquerque, NM 87120
    1 BED $1,329+
    2 BEDS $1,474+
  • a living room and dining room with a table and a television
    Today

    5600 Gibson Blvd. SE, Albuquerque, NM 87108
    1 BED $1,061
    2 BEDS $978+
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  • an exterior view of a building with a staircase
    Today

    2800 Lexington Pl NE, Albuquerque, NM 87112
    STUDIO $720+
    1 BED Ask for pricing
    2 BEDS Ask for pricing
  • a view of the pool from the balcony of an apartment building
    Today

    1201 Madeira Dr. SE, Albuquerque, NM 87108
    1 BED $859
  • a living room with a table and chairs and a fireplace
    Today

    7100 Louisiana Blvd NE, Albuquerque, NM 87109
    1 BED $1,275+
  • a living room with a fireplace and a wooden table
    Today

    4601 Montano Road NW, Albuquerque, NM 87120
    1 BED $1,209+
    2 BEDS $1,379+
  • a blue and silver circle with the middle of the logo for the middle east group
    Today

    3923 4Th Street NW, Albuquerque, NM 87107
    1 BED $650
  • a living room with a couch and a coffee table
    Today

    10600 Cibola Loop NW, Albuquerque, NM 87114
    STUDIO $1,025+
    1 BED $1,123+
    2 BEDS $1,231+
  • a living room with a couch and two chairs and a table
    Today

    12400 Montgomery Blvd., NE, Albuquerque, NM 87111
    1 BED $1,150+
  • a living room with a couch and a table
    Today

    4949 San Pedro Drive NE, Albuquerque, NM 87109
    1 BED $1,080+
    2 BEDS $1,360+
  • the preserve at ballantyne commons apartment kitchen with sink and white cabinets
    Today

    1311 Louisiana Blvd NE, Albuquerque, NM 87110
    STUDIO $735+
    1 BED $950
    2 BEDS $1,200
  • the living room and dining area of an apartment with a couch and a table
    Today

    801 Locust Place NE, Albuquerque, NM 87102
    STUDIO $825+
    1 BED $981+
    2 BEDS $1,276+
  • a living room with a couch and a table
    Today

    3501 Atrisco Drive NW, Albuquerque, NM 87120
    1 BED Ask for pricing
    2 BEDS $1,129
  • a living room and dining room with a table and chairs
    Today

    9125 Copper Ave NE, Albuquerque, NM 87123
    STUDIO $995+
    1 BED $1,095+
    2 BEDS $1,395
  • a living room and kitchen with a couch and a table
    Today

    820 Louisiana Blvd Unit, Albuquerque, NM 87108
    2 BEDS Ask for pricing
    3 BEDS $1,007
    4 BEDS $1,114
  • our apartments offer a living room and dining room with a white couch
    Today

    4401 San Pedro Dr. NE, Albuquerque, NM 87109
    STUDIO $889+
    1 BED $955+
    2 BEDS $1,257+
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Getting around in Albuquerque, NM

64 /100
Somewhat Walkable
34 /100
Some Transit
79 /100
Very Bikeable
Walk Score®: 64, Transit Score®: 34, Bike Score®: 79

Frequently asked questions

When were prices and availability in Albuquerque, NM last updated?

Prices and availability in Albuquerque, NM were last updated on 11 Apr 2026.

What are the best apartments in Albuquerque, NM?

The best apartments in Albuquerque, NM are: Broadstone Towne Center, The Retreat at Candelaria, Cresta North Valley, Generations at West Mesa and Whispering Sands.

What type of rental buildings are in Albuquerque, NM?

In Albuquerque, 38% of the residents are renting compared to 62% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 18% of Albuquerque's rentals, 54% are small-scale complexes with under 50 units, and 26% are single-family rentals.

Apartments in Albuquerque, NM under $1,500

Balancing snug and cheap is no joke when it comes to renting a place to live. “Are there any apartments near me under $1,500?” is a great question to start from. Knowing your budget means you’re one step ahead and on the right track. We’ve taken care of the rest and found 650 apartments for rent in Albuquerque, NM on which you’ll spend less than $1,500. A small, cheap rental means you’ll have to budget your living space as well. The great news is that keeping it simple pays off in more than one way. The cost of utilities is likely to run low, and you get the added benefit of not having to spend too much time cleaning up the whole place. Smaller apartments are more likely to be closer to the city center, so there are potential cuts to your transportation costs too. And here’s one more very special secret to add to your book-of-perks: you’re less likely to overshop when you know your space is limited.

Rentals near you under $1,500

Our goal is to help you find cheap apartments that live up to your dreams without crushing your budget. It may be a long shot to go looking for 3 bedroom apartments or even 2 bedroom for less than $1,500. The average rental size in Albuquerque, NM is 783 Sqft, but the $1,500 limit will probably narrow your search to places with a smaller square footage. Go through our listings and be on the look-out for a hassle-free studio or a 1 bedroom apartment. We trust you’ll turn it into a cozy home which is also budget-friendly to the core.

Finding a home nearby is easier than you think. Check out our Apartments Near Me page and take your pick!