Cheap Apartments for Rent in the Bear Canyon Neighborhood of Albuquerque, NM from $700 (31 Rentals)

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

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San Mateo Suites
Studio Apartments

San Mateo Suites

5001 San Mateo Ln NEAlbuquerque, NM 87109
  • Utilities Included
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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 $799. San Pedro Village has the second lowest priced unit, which is a Studio apartment currently listed from $855. Here are the most affordable Bear Canyon apartments for rent in Albuquerque, NM:

Apartment ListingModel NameBed/BathPriced From
Encanto Lofts ApartmentsJuniper - Junior One Bedroom One BathStudio,1BA$799
San Pedro VillageAcoma StudioStudio,1BA$855
Via ApartmentsStudio TCStudio,1BA$901
Montecito0BD, 1BTH Studio,1BA$959
Canyon Crest0 Bedroom 1 BathroomStudio,1BA$960
Mont 44 Apartments1 Bedroom, 1 Bathroom TC1BR,1BA$964
Sedona RidgeZuni1BR,1BA$970
North Park ApartmentsBirch1BR,1BA$985
Sun Pointe Park Apartments2 Bedroom 1 Bath2BR,1BA$1,000
Treehouse ApartmentsCedarStudio,1BA$1,009

Best Value Apartments for Rent in Bear Canyon, NM

As of June 25, 2025 the best value apartment in the Bear Canyon area is the $1.28 price per square foot 3 Bedroom 2 Bath Model at Sun Pointe Park Apartments in the in the North Valley neighborhood starting from $1,275. The second greatest value Bear Canyon apartment is the C1 Renovated Model at Canoan Village starting at $1,575 with a $1.58 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.
Sun Pointe Park Apartments3 Bedroom 2 Bath3BR,2BA$1.28
Canoan VillageC1 Renovated2BR,2BA$1.58
Mont 44 Apartments2 bedroom 2 bath Renovated MKT2BR,1BA$1.45
Casa TierraB12BR,1BA$1.48
Sierra MeadowsTwo Bedroom A2BR,1BA$1.53
Pinon TerraceOne Bedroom - Fully Remodeled1BR,1BA$1.37
Villas Del Cielo1 Bedroom1BR,1BA$1.45
Tesoro on SpainA21BR,1BA$1.44
MiloMadrid Platinum1BR,1BA$1.45
North Park ApartmentsBirch1BR,1BA$1.54

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Pet Friendly Lifestyle
Bear Canyon, Albuquerque, NM

Ranked #33

Among neighborhoods in Albuquerque, NM 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.

Getting Around the Bear Canyon Neighborhood in Albuquerque, NM

Walk Score®

37 / 100

Car-Dependent

Most errands require a car

Bike Score®

67 / 100

Bikeable

Some bike infrastructure

Transit Score®

22 / 100

Minimal Transit

It may be possible to get on a bus

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

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 $1,009.

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

The cheapest apartment in Bear Canyon is Mont 44 Apartments which is listed at $964, while the average apartment in Bear Canyon costs $2,350.

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 22 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 $174 which is $2,176 cheaper than the average rent for all rentals in Bear Canyon.

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.

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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.