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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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You viewed 472 of 650 rentals.

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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 23 Feb 2026.

What are the best apartments in Albuquerque, NM?

The best apartments in Albuquerque, NM are: The Retreat at Candelaria, Cresta North Valley, Generations at West Mesa, Whispering Sands and Villas Del Cielo.

What type of rental buildings are in Albuquerque, NM?

In Albuquerque 38% of the housing is rented out compared to 62% of homes are owned, according to the most recent Census Bureau estimates. 18% of Albuquerque's apartments are found in large buildings of 50 units or more, 54% are located in smaller apartment complexes with less than 50 units, and 26% are single-family rentals.

Renting apartments in Albuquerque, NM under $1,500

Searching for apartments for rent in Albuquerque, NM under $1,500 is not an easy task, but luckily you have come to the right place. Whether you are a student on a budget, a young professional on the move, or simply a frugal person, RentCafe can help you find what you are looking for. Just make sure you know what you consider non-negotiable and what you can compromise on. Your new home is just a few clicks away. In Albuquerque, NM, where the average rent is $1,260 per month, there are 650 units available for less than $1,500. Click on any of these units to see pictures, floor plans, amenities and more. After you have picked your favorite, you can contact the property to check availability. Considering that you are trying to spend as little as possible, looking at 1 bedroom apartments and studio apartments might be a good idea.

We’ll help you find the cheapest rental near you

Finding a nice cheap apartment is by no means impossible. You just have to be patient. Your “apartments near me under $1,500” search can bear fruit sooner than you think if you look carefully and check our site often. You never know when discount deals and special offers might pop up. Keep in mind that you are not the only one looking for an affordable apartment in Albuquerque, NM. Choose “Save Search” to receive the latest apartments available directly to your inbox. This way, you will be able to stay one step ahead of the competition. With the cheapest apartments in Albuquerque, NM going for $650 per month, there are great deals waiting to be discovered. Feeling lucky? Expand your search to 2 bedroom apartments and 3 bedroom apartments as well for more space.

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