
Cheap Apartments for Rent in the Barelas Neighborhood of Albuquerque, NM from $700 (30 Rentals)
Search the lowest-cost Apartments available for rent right now in the Barelas area of Albuquerque.


Villa De San Felipe

Zocalo Lofts

Silver Gardens Apartments

Ten Ten Townhomes

Six Hundred West Alcade Condominiums

Sendero Albuquerque
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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.

920 Lead Ave SW

1404 San Carlos Dr SW

1101 Coal Ave SW

1300 Coal Ave SW

1314 Coal Ave SW

The Dorm Apartments

817 2nd St SW
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618 Coal Ave SW

1120 Lead Ave SW

Isleta Apartments

118 Bell Ave SE

El Sol

Sterling Downtown

Imperial
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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.

Casitas de Colores

Del Rey

La Tierra

816 Coal Ave SW

1116 Coal Ave SW

1215-1223 Coal Ave SW

1218 SW Vito Romero St
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Hacienda Del Sol

Coal/Sycamore Apartments
Barelas, Albuquerque, NM Local Guide

How much does it cost to rent an apartment in Barelas?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Barelas Studio Apartments | $934 | $749 | $1,221 |
| Barelas 1 Bedroom Apartments | $1,317 | $950 | $1,693 |
| Barelas 2 Bedroom Apartments | $1,550 | $1,188 | $1,699 |
Browse Apartments in this Neighborhood
There are currently 30 rentals with your search options within a 2 mile radius of the Barelas Neighborhood of Albuquerque, NM.
See all Apartments in AlbuquerqueExplore Albuquerque
Barelas, Albuquerque, NM Local Guide
- Nearby Albuquerque neighborhoods
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Cheapest Available Barelas Apartments for Rent
 The cheapest available apartment rental in the Barelas area of Albuquerque, NM is a Studio unit found at Villa De San Felipe priced from $749. Silver Gardens Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $893. Here are the most affordable Barelas apartments for rent in Albuquerque, NM:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Villa De San Felipe | 0 x 1 C | Studio,1BA | $749 |
| Silver Gardens Apartments | Studio (60%) | Studio,1BA | $893 |
| Alvarado Apartments | A | Studio,1BA | $979 |
| Zocalo Lofts | Large Studio with Balcony | Studio,1BA | $1,025 |
Best Value Apartments for Rent in Barelas, NM
As of June 11, 2026 the best value apartment in the Barelas area is the $1.84 price per square foot Large Studio with Balcony Model at Zocalo Lofts in the in the Netherwood Park neighborhood starting from $1,025. The second greatest value Barelas apartment is the 1207 Barelas St SW Model at 1207 Barelas St SW starting at $1,600 with a $2.91 price per square foot in the Hunning Highland neighborhood. Here is today’s list of the best values for Barelas apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Zocalo Lofts | Large Studio with Balcony | Studio ,1BA | $1.84 |
| 1207 Barelas St SW | 1207 Barelas St SW | 1BR,1BA | $2.91 |
| 508 5th St SW, Unit C | 508 5th St SW | 1BR,1BA | $1.90 |
| Silver Gardens Apartments | Studio (60%) | Studio ,1BA | $2.01 |
| Alvarado Apartments | A | Studio ,1BA | $2.27 |
| Villa De San Felipe | 0 x 1 B | Studio ,1BA | $1.87 |
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.
Pet Friendly LifestyleBarelas, Albuquerque, NM
Ranked #231
Among cities in New Mexico for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Frequently Asked Questions about Cheap Barelas Apartments
What is the Cheapest Studio apartment in Barelas?
Currently the most affordable Cheap Studio Apartment in Barelas is at Villa De San Felipe listed at $749.
How much is rent for a Cheap One Bedroom Barelas Apartment?
The lowest price for a Cheap One Bedroom Barelas Apartment is $1,229 at Alvarado Apartments.
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
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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.

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

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.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.