Cheap Apartments for Rent in the Bear Canyon Neighborhood of Albuquerque, NM from $700 (42 Rentals)

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

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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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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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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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.

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San Mateo Suites
Studio Apartments

San Mateo Suites

5001 San Mateo Ln NEAlbuquerque, NM 87109
  • Utilities Included

Check Out Albuquerque’s Best Affordable Neighborhoods

Learn about Albuquerque and the best places to live with original content written by our Local Expert Esther Lombardi

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Spain Townhomes
2 Bedroom Apartments

Spain Townhomes

5009 El Corte Miramar NEAlbuquerque, NM 87111
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Lincoln Place
Studio to 2 Bedroom Apartments

Lincoln Place

4401 San Pedro Dr NEAlbuquerque, NM 87109
Showing Results 1-42, Page 1 of 1

Bear Canyon, Albuquerque, NM Local Guide

Cheapest Available Bear Canyon Apartments for Rent

 

The cheapest available apartment rental in the Bear Canyon area of Albuquerque, NM is a Studio unit found at Encanto Lofts Apartments priced from $725. Canyon Crest has the second lowest priced unit, which is a Studio apartment currently listed from $795. Here are the most affordable Bear Canyon apartments for rent in Albuquerque, NM:

Apartment ListingModel NameBed/BathPriced From
Encanto Lofts ApartmentsYucca - StudioStudio,1BA$725
Canyon Crest0 Bedroom 1 BathroomStudio,1BA$795
Via ApartmentsStudio TCStudio,1BA$801
Sedona RidgeZuni1BR,1BA$850
Acacia GardensTaos Classic1BR,1BA$870
Academy Heights Apartments1 Bedr / 1 Bath1BR,1BA$908
Chelsea Village ApartmentsKaloSolo1BR,1BA$910
Treehouse ApartmentsWillowStudio,1BA$919
Villas de la TerrazaStudioStudio,1BA$950
North Park ApartmentsBirch1BR,1BA$985

Best Value Apartments for Rent in Bear Canyon, NM

As of January 09, 2026 the best value apartment in the Bear Canyon area is the $1.38 price per square foot 2 Bedroom 2 Bath Model at Enclave in the in the Northeast Quadrant neighborhood starting from $1,554. The second greatest value Bear Canyon apartment is the B2 Model at Casa Tierra starting at $1,488 with a $1.42 price per square foot in the Baloon Fiesta Park neighborhood. Here is today’s list of the best values for Bear Canyon apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Enclave2 Bedroom 2 Bath2BR,2BA$1.38
Casa TierraB22BR,2BA$1.42
Tesoro on SpainC22BR,2BA$1.46
Pinon TerraceOne Bedroom - Fully Remodeled1BR,1BA$1.37
Villas Del Cielo1 Bedroom1BR,1BA$1.41
Wyoming Place Apartments1 Bed B1BR,1BA$1.30
MiloMadrid Platinum1BR,1BA$1.36
Sunset PointeSM1X11BR,1BA$1.45
Woodberry Heights1x1C1BR,1BA$1.48
Academy Heights Apartments1 Bedr / 1 Bath1BR,1BA$1.30

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 Article
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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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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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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
Bear Canyon, Albuquerque, NM

Ranked #39

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Bear Canyon, Albuquerque, NM

School data provided by Great Schools

Lifestyle Ratings

ApartmentHomeLiving.com compiles millions of data points to bring you Lifestyle Ratings of rentals in cities and towns across the United States and customized analysis for Northeast Albuquerque, NM. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including our Star Ratings to compare for the best outdoor access, luxury amenities, features that make it easier to raise kids, raising pets, transit options, and other valuable search options. These search options are in the site filters at the top of this page.

Frequently Asked Questions about Cheap Bear Canyon Apartments

What is a cheap apartment in Bear Canyon?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Bear Canyon is under $985.

What is the price of a cheap apartment in Bear Canyon?

The cheapest apartment in Bear Canyon is Canyon Crest which is listed at $799, while the average apartment in Bear Canyon costs $1,650.

What types of apartments are the cheapest in Bear Canyon?

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 44 regular apartments in Bear Canyon 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 Bear Canyon?

Cheap apartments in Bear Canyon have an average cost of $289 which is $1,361 cheaper than the average rent for all rentals in Bear Canyon.

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

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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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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.

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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.

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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.