
Cheap Apartments for Rent in the Avalon Neighborhood of Albuquerque, NM from $600 (12 Rentals)
Search the lowest-cost Apartments available for rent right now in the Avalon area of Albuquerque.


Bluewater Village

9317 Central Ave

Adobe Manor Apartments

Volcanes Commons
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

El Campo Apartments

Canon de Arrowhead

Tierra Pointe

Welcome Home To Rio Volcan!

560 Estancia Dr NW
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
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 | $1,157 | $835 | $2,443 |
Avalon 1 Bedroom Apartments | $1,088 | $730 | $2,252 |
Avalon 2 Bedroom Apartments | $1,192 | $697 | $2,409 |
Avalon 3 Bedroom Apartments | $1,895 | $799 | $4,954 |
Avalon 4 Bedroom Apartments | $2,466 | $1,300 | $3,900 |
Browse Apartments in this Neighborhood
There are currently 12 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 9317 Central Ave priced from $795. 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 |
---|---|---|---|
9317 Central Ave | West Studios | Studio,1BA | $795 |
Volcanes Commons | One Bedroom, One Bath | 1BR,1BA | $902 |
Tierra Pointe | A1 | 1BR,1BA | $957 |
Canon de Arrowhead | 1 bedroom 1 bath | 1BR,1BA | $964 |
Welcome Home To Rio Volcan! | 1 bedroom 1 bath | 1BR,1BA | $964 |
Best Value Apartments for Rent in Avalon, NM
As of June 25, 2025 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 1 bedroom 1 bath Model at Welcome Home To Rio Volcan! starting at $964 with a $1.54 price per square foot in the Rancho Encantado 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 |
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 | $2.30 |
9317 Central Ave | West Studios | Studio ,1BA | $3.53 |
Quick 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.
Pet Friendly LifestyleAvalon, Albuquerque, NM
Ranked #310
Among neighborhoods in Albuquerque, NM for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Best Local Schools in Avalon, Albuquerque, NM
School data provided by Great Schools
Getting Around the Avalon Neighborhood in Albuquerque, NM
Walk Score®
32 / 100
Car-Dependent
Most errands require a car
Bike Score®
57 / 100
Bikeable
Some bike infrastructure
Transit Score®
32 / 100
Some Transit
A few nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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 $964.
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 $2,995.
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 13 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 $518 which is $2,477 cheaper than the average rent for all rentals in Avalon.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.