Cheap Apartments for Rent in the Avalon Neighborhood of Albuquerque, NM from $600 (15 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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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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Canon de Arrowhead
1 to 3 Bedroom Apartments

Canon de Arrowhead

1700 Market St NWAlbuquerque, NM 87120
  • Utilities Included
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New Life Homes 4
1 Bedroom Apartments

New Life Homes 4

6600 Delia Rd SWAlbuquerque, NM 87121

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.

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West Ridge Park
2 Bedroom Apartments

West Ridge Park

9301 Volcano Rd NWAlbuquerque, 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

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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 Route 66 Headquarters priced from $850. Tierra Pointe has the second lowest priced unit, which is a 1 Bed apartment currently listed from $863. Here are the most affordable Avalon apartments for rent in Albuquerque, NM:

Apartment ListingModel NameBed/BathPriced From
Route 66 Headquarters2025 StudiosStudio,1BA$850
Tierra PointeA11BR,1BA$863
Volcanes CommonsOne Bedroom, One Bath1BR,1BA$902
Welcome Home To Rio Volcan!1 bedroom 1 bath1BR,1BA$964
Canon de Arrowhead2 bedroom 2 bath2BR,2BA$1,154

Best Value Apartments for Rent in Avalon, NM

As of October 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 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Canon de Arrowhead2 bedroom 2 bath2BR,2BA$1.25
Crescent RidgeAcacia2BR,2BA$1.33
Welcome Home To Rio Volcan!1 bedroom 1 bath1BR,1BA$1.54
Volcanes CommonsOne Bedroom, One Bath1BR,1BA$1.53
Tierra PointeS1Studio ,1BA$2.10
Route 66 Headquarters2025 StudiosStudio ,1BA$3.78

Apartment Common Area Rules: What Renters Need to Know

From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

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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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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.

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Pet Friendly Lifestyle
Avalon, Albuquerque, NM

Ranked #227

Among cities in New Mexico for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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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

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 Tierra Pointe which is listed at $863, while the average apartment in Avalon costs $1,739.

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.

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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.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.