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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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
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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 $764. 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 ApartmentsJuniper - Studio + DenStudio,1BA$764
Canyon Crest0 Bedroom 1 BathroomStudio,1BA$795
Via ApartmentsStudio TCStudio,1BA$801
Sedona RidgeZuni1BR,1BA$850
San Pedro VillageAcoma StudioStudio,1BA$865
Acacia GardensTaos Classic1BR,1BA$885
Academy Heights Apartments1 Bedr / 1 Bath1BR,1BA$908
Chelsea Village ApartmentsKaloSolo1BR,1BA$910
Treehouse ApartmentsWillowStudio,1BA$919
Villas de la TerrazaStudioStudio,1BA$950

Best Value Apartments for Rent in Bear Canyon, NM

As of January 03, 2026 the best value apartment in the Bear Canyon area is the $1.41 price per square foot B2 Model at Casa Tierra in the in the Baloon Fiesta Park neighborhood starting from $1,485. The second greatest value Bear Canyon apartment is the C2 Model at Tesoro on Spain starting at $1,432 with a $1.44 price per square foot in the Northeast Quadrant 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.
Casa TierraB22BR,2BA$1.41
Tesoro on SpainC22BR,2BA$1.44
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$1.38
Sunset PointeSM1X11BR,1BA$1.45
Woodberry Heights1x1C1BR,1BA$1.48
Academy Heights Apartments1 Bedr / 1 Bath1BR,1BA$1.30
Chelsea Village ApartmentsKaloSolo1BR,1BA$1.47

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 the Cheapest Studio apartment in Bear Canyon?

Currently the most affordable Cheap Studio Apartment in Bear Canyon is at Encanto Lofts Apartments listed at $764.

How much is rent for a Cheap One Bedroom Bear Canyon Apartment?

The lowest price for a Cheap One Bedroom Bear Canyon Apartment is $774 at Encanto Lofts Apartments.

What is the lowest price for a Cheap Two Bedroom Bear Canyon Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Bear Canyon is starting from $999 at Encanto Lofts Apartments.

What is the most affordable Bear Canyon Three Bedroom Apartment?

The best deal on a cheap Bear Canyon Three Bedroom Apartment rental is at Mont 44 Apartments and starts from $1,331.

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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How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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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.