Cheap Apartments for Rent in the Avalon Neighborhood of Albuquerque, NM from $700 (22 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Avalon area of Albuquerque.

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Volcanes Commons
1 to 3 Bedroom Apartments

Volcanes Commons

6901 Glenrio Rd NWAlbuquerque, NM 87121
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West Ridge Park
2 Bedroom Apartments

West Ridge Park

9301 Volcano Rd NWAlbuquerque, NM 87121
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6005 Fortuna Rd NW
2 to 3 Bedroom Apartments

6005 Fortuna Rd NW

6005 Fortuna Rd NWAlbuquerque, NM 87105

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Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Tierra Pointe
Studio to 3 Bedroom Apartments

Tierra Pointe

6901-6901 Los Volcanes Rd NWAlbuquerque, NM 87121
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Canon de Arrowhead
1 to 3 Bedroom Apartments

Canon de Arrowhead

1700 Market St NWAlbuquerque, NM 87120
  • Utilities Included

The Student's Guide to Albuquerque: Top Neighborhoods That Put CNM and UNM Life Within Reach

Find your perfect place in ABQ! Explore the best neighborhoods near CNM and UNM that support a vibrant student life, from study spots to family-friendly resources.

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El Campo Apartments
Studio to 1 Bedroom Apartments

El Campo Apartments

5800 Central Ave SWAlbuquerque, NM 87105
  • Utilities Included
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New Life Homes 4
1 Bedroom Apartments

New Life Homes 4

6600 Delia Rd SWAlbuquerque, NM 87121
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La Serena Senior
1 to 2 Bedroom Apartments

La Serena Senior

457 Coors Blvd NWAlbuquerque, NM 87121
Senior Living

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Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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Nuevo Atrisco
1 to 3 Bedroom Apartments

Nuevo Atrisco

201 Unser Blvd NWAlbuquerque, NM 87121

Avalon, Albuquerque, NM Local Guide

Cheapest Available Avalon Apartments for Rent

 

The cheapest available apartment rental in the Avalon area of Albuquerque, NM is a Studio unit found at Tierra Pointe priced from $905. Welcome Home To Rio Volcan! has the second lowest priced unit, which is a 1 Bed apartment currently listed from $964. Here are the most affordable Avalon apartments for rent in Albuquerque, NM:

Apartment ListingModel NameBed/BathPriced From
Tierra PointeS1Studio,1BA$905
Welcome Home To Rio Volcan!1 bedroom 1 bath1BR,1BA$964
Generations at West MesaTwo Bedroom One Bathroom 768 Sq Ft2BR,1BA$1,050
Canon de Arrowhead2 bedroom 2 bath2BR,2BA$1,154
Crescent RidgeWillow3BR,2BA$1,450

Best Value Apartments for Rent in Avalon, NM

As of June 19, 2026 the best value apartment in the Avalon area is the $1.45 price per square foot Sequoia Model at Crescent Ridge in the in the Ironhorse at El Rancho Grande neighborhood starting from $1,600. The second greatest value Avalon apartment is the 2 bedroom 2 bath Model at Canon de Arrowhead starting at $1,154 with a $1.25 price per square foot in the Alamosa neighborhood. Here is today’s list of the best values for Avalon apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Crescent RidgeSequoia4BR,2BA$1.45
Canon de Arrowhead2 bedroom 2 bath2BR,2BA$1.25
Generations at West MesaTwo Bedroom One Bathroom 768 Sq Ft2BR,1BA$1.37
Welcome Home To Rio Volcan!1 bedroom 1 bath1BR,1BA$1.38
Tierra PointeS1Studio ,1BA$2.14

The Student's Guide to Albuquerque: Top Neighborhoods That Put CNM and UNM Life Within Reach

Find your perfect place in ABQ! Explore the best neighborhoods near CNM and UNM that support a vibrant student life, from study spots to family-friendly resources.

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Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Helpful Local Expert Guides

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Written by: Esther Lombardi

Albuquerque, New Mexico, offers culture, diversity, and beautiful landscapes. Each neighborhood blends historic charm with nature, education, and entertainment.

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There’s more to Albuquerque than just the breathtaking landscapes and tasty green chilies. As both a student and a parent, I see Albuquerque as a learning hub that nurtures curiosity and encourages growth and enrichment.

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Albuquerque Uncovered: Your Local Experts Guide to the High Desert City

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Hello from Albuquerque, New Mexico! I’m Esther, your ApartmentHomeLiving.com Local Expert for Albuquerque, and I’m here to give you the inside scoop on this unique city.

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I still recollect my first morning commute in Albuquerque.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

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There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

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Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.