
Cheap Apartments for Rent in the Avalon Neighborhood of Albuquerque, NM from $600 (16 Rentals)
Search the lowest-cost Apartments available for rent right now in the Avalon area of Albuquerque.


Bluewater Village

Volcanes Commons

West Ridge Park

West Central RT 66 Apartments
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.

342-350 Estancia Dr NW

6005 Fortuna Rd NW

Marbella-Income Restricted Waitlist

West Central Apartments

El Campo Apartments
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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.

Welcome Home To Rio Volcan!

Canon de Arrowhead

Casa Lynne Apartments

New Life Homes 4

AHEPA 501 - I Senior Apartments
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La Serena Senior
Avalon, Albuquerque, NM Local Guide

How much does it cost to rent an apartment in Avalon?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Avalon Studio Apartments | $864 | $826 | $921 |
| Avalon 1 Bedroom Apartments | $896 | $730 | $1,013 |
| Avalon 2 Bedroom Apartments | $1,064 | $895 | $1,150 |
| Avalon 3 Bedroom Apartments | $1,357 | $1,150 | $1,567 |
| Avalon 4 Bedroom Apartments | $1,739 | $1,300 | $2,178 |
Browse Apartments in this Neighborhood
There are currently 16 rentals with your search options within a 2 mile radius of the Avalon Neighborhood of Albuquerque, NM.
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Avalon, Albuquerque, NM Local Guide
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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 $823. Volcanes Commons has the second lowest priced unit, which is a 1 Bed apartment currently listed from $902. 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 | $823 |
| Volcanes Commons | One Bedroom, One Bath | 1BR,1BA | $902 |
| 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 | $1,139 |
| Canon de Arrowhead | 2 bedroom 2 bath | 2BR,2BA | $1,154 |
Best Value Apartments for Rent in Avalon, NM
As of January 27, 2026 the best value apartment in the Avalon area is the $1.25 price per square foot 2 bedroom 2 bath Model at Canon de Arrowhead in the in the Alamosa neighborhood starting from $1,154. The second greatest value Avalon apartment is the Acacia Model at Crescent Ridge starting at $1,178 with a $1.33 price per square foot in the Ironhorse at El Rancho Grande 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. |
|---|---|---|---|
| Canon de Arrowhead | 2 bedroom 2 bath | 2BR,2BA | $1.25 |
| Crescent Ridge | Acacia | 2BR,2BA | $1.33 |
| Generations at West Mesa | Two Bedroom One Bathroom 768 Sq Ft | 2BR,1BA | $1.48 |
| Welcome Home To Rio Volcan! | 1 bedroom 1 bath | 1BR,1BA | $1.54 |
| Volcanes Commons | One Bedroom, One Bath | 1BR,1BA | $1.53 |
| Tierra Pointe | S1 | Studio ,1BA | $1.95 |
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
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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
Frequently Asked Questions about Cheap Avalon Apartments
What is a cheap apartment in Avalon?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Avalon is under $1,178.
What is the price of a cheap apartment in Avalon?
The cheapest apartment in Avalon is Volcanes Commons which is listed at $902, while the average apartment in Avalon costs $1,739.
What types of apartments are the cheapest in Avalon?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 6 regular apartments in Avalon that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Avalon?
Cheap apartments in Avalon have an average cost of $430 which is $1,309 cheaper than the average rent for all rentals in Avalon.
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.
Articles, How-To's, and Tips

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.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.