Cheap Apartments for Rent in the Barelas Neighborhood of Albuquerque, NM from $700 (30 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Barelas area of Albuquerque.

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Ten Ten Townhomes
1 to 3 Bedroom Apartments

Ten Ten Townhomes

1010-1024 Lead Ave SWAlbuquerque, NM 87102
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Sendero Albuquerque
Studio to 2 Bedroom Apartments

Sendero Albuquerque

101 Silver Ave SWAlbuquerque, NM 87102

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.

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920 Lead Ave SW
Studio Apartments

920 Lead Ave SW

920 Lead Ave SWAlbuquerque, NM 87102
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1101 Coal Ave SW
1 Bedroom Apartments

1101 Coal Ave SW

1101 Coal Ave SWAlbuquerque, NM 87102
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1300 Coal Ave SW
1 Bedroom Apartments

1300 Coal Ave SW

1300 Coal Ave SWAlbuquerque, NM 87102
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1314 Coal Ave SW
Studio Apartments

1314 Coal Ave SW

1314 Coal Ave SWAlbuquerque, NM 87102
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817 2nd St SW
Studio Apartments

817 2nd St SW

817 2nd St SWAlbuquerque, NM 87102

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.

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618 Coal Ave SW
Studio Apartments

618 Coal Ave SW

618 Coal Ave SWAlbuquerque, NM 87102
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1120 Lead Ave SW
1 Bedroom Apartments

1120 Lead Ave SW

1120 Lead Ave SWAlbuquerque, NM 87102
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Isleta Apartments
1 to 2 Bedroom Apartments

Isleta Apartments

600 Isleta Blvd SWAlbuquerque, NM 87105
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118 Bell Ave SE
Studio Apartments

118 Bell Ave SE

118 Bell Ave SEAlbuquerque, NM 87102
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El Sol
1 to 2 Bedroom Apartments

El Sol

1201 Iron Ave SWAlbuquerque, NM 87102
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Sterling Downtown
Studio to 2 Bedroom Apartments

Sterling Downtown

800 Silver Ave SWAlbuquerque, NM 87102
  • Utilities Included
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Imperial
Studio to 2 Bedroom Apartments

Imperial

205 Silver Ave SWAlbuquerque, NM 87102
  • Utilities Included

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.

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Casitas de Colores
Studio to 3 Bedroom Apartments

Casitas de Colores

215 Lead Ave SWAlbuquerque, NM 87102
  • Utilities Included
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Del Rey
1 to 2 Bedroom Apartments

Del Rey

1200 Coal Ave SWAlbuquerque, NM 87102
  • Utilities Included
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La Tierra
1 to 2 Bedroom Apartments

La Tierra

1100 Coal Ave SWAlbuquerque, NM 87102
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816 Coal Ave SW
1 to 2 Bedroom Apartments

816 Coal Ave SW

816 Coal Ave SWAlbuquerque, NM 87102
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1116 Coal Ave SW
Studio Apartments

1116 Coal Ave SW

1116 Coal Ave SWAlbuquerque, NM 87102
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1215-1223 Coal Ave SW
2 Bedroom Apartments

1215-1223 Coal Ave SW

1215-1223 Coal Ave SWAlbuquerque, NM 87102
  • Utilities Included

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.

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Hacienda Del Sol
Studio Apartments

Hacienda Del Sol

815 Coal Avenue SWAlbuquerque, NM 87102
  • Utilities Included

Barelas, Albuquerque, NM Local Guide

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 ListingModel NameBed/BathPriced From
Villa De San Felipe0 x 1 CStudio,1BA$749
Silver Gardens ApartmentsStudio (60%)Studio,1BA$893
Alvarado ApartmentsAStudio,1BA$979
Zocalo LoftsLarge Studio with BalconyStudio,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 ListingModel NameBed/BathPrice Per Sq.Ft.
Zocalo LoftsLarge Studio with BalconyStudio ,1BA$1.84
1207 Barelas St SW1207 Barelas St SW1BR,1BA$2.91
508 5th St SW, Unit C508 5th St SW1BR,1BA$1.90
Silver Gardens ApartmentsStudio (60%)Studio ,1BA$2.01
Alvarado ApartmentsAStudio ,1BA$2.27
Villa De San Felipe0 x 1 BStudio ,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.

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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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Real 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.

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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
Barelas, Albuquerque, NM

Ranked #231

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

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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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

decorative image for A Local Experts Guide To The Best Budget-Friendly Neighborhoods to Rent in Albuquerque article

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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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.

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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.

decorative image for Your Guide to the Best Neighborhoods to Rent Near Albuquerques Top Employers   article

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

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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.

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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.

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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.

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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.