
Cheap Apartments for Rent in the Avalon Neighborhood of Albuquerque, NM from $700 (22 Rentals)
Search the lowest-cost Apartments available for rent right now in the Avalon area of Albuquerque.


Volcanes Commons

West Ridge Park

West Central RT 66 Apartments

342-350 Estancia Dr NW

6005 Fortuna Rd NW

10401 Central Ave NW
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
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.

Rosewood Mobile Home Park

Vista Manufactured Home Community

5609-5613 Central Ave NW

5602-5604 Central Ave SW

Marbella-Income Restricted Waitlist

Tierra Pointe

Canon de Arrowhead
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.

West Central Apartments

El Campo Apartments

Welcome Home To Rio Volcan!

Casa Lynne Apartments

New Life Homes 4

AHEPA 501 - I Senior Apartments

La Serena Senior
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
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.

Nuevo Atrisco
Avalon, Albuquerque, NM Local Guide

How much does it cost to rent an apartment in Avalon?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Avalon 1 Bedroom Apartments | $785 | $785 | $785 |
| Avalon 2 Bedroom Apartments | $1,681 | $895 | $3,200 |
| Avalon 3 Bedroom Apartments | $1,150 | $1,150 | $1,150 |
| Avalon 4 Bedroom Apartments | $1,300 | $1,300 | $1,300 |
Browse Apartments in this Neighborhood
There are currently 22 rentals with your search options within a 2 mile radius of the Avalon Neighborhood of Albuquerque, NM.
See all Apartments in AlbuquerqueExplore Albuquerque
Avalon, Albuquerque, NM Local Guide
- Nearby Albuquerque neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Tierra Pointe | S1 | Studio,1BA | $905 |
| Welcome Home To Rio Volcan! | 1 bedroom 1 bath | 1BR,1BA | $964 |
| Generations at West Mesa | Two Bedroom One Bathroom 768 Sq Ft | 2BR,1BA | $1,050 |
| Canon de Arrowhead | 2 bedroom 2 bath | 2BR,2BA | $1,154 |
| Crescent Ridge | Willow | 3BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Crescent Ridge | Sequoia | 4BR,2BA | $1.45 |
| Canon de Arrowhead | 2 bedroom 2 bath | 2BR,2BA | $1.25 |
| Generations at West Mesa | Two Bedroom One Bathroom 768 Sq Ft | 2BR,1BA | $1.37 |
| Welcome Home To Rio Volcan! | 1 bedroom 1 bath | 1BR,1BA | $1.38 |
| Tierra Pointe | S1 | Studio ,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.
Read ArticleDon'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.
Read ArticleReal 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.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Best Local Schools in Avalon, Albuquerque, NM
School data provided by Great Schools
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

A Local Experts Guide To The Best Budget-Friendly Neighborhoods to Rent in Albuquerque
Written by: Esther Lombardi
Albuquerque, New Mexico, offers culture, diversity, and beautiful landscapes. Each neighborhood blends historic charm with nature, education, and entertainment.

The Students Guide to Albuquerque: Top Neighborhoods That Put CNM and UNM Life Within Reach
Written by: Esther Lombardi
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.

Albuquerque Uncovered: Your Local Experts Guide to the High Desert City
Written by: Esther Lombardi
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.

Your Guide to the Best Neighborhoods to Rent Near Albuquerques Top Employers
Written by: Esther Lombardi
I still recollect my first morning commute in Albuquerque.
Articles, How-To's, and Tips

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
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.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
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.

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.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.