Cheap Apartments for Rent in the Bear Canyon Neighborhood of Albuquerque, NM from $600 (54 Rentals)

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

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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Milo
Rent Specials
$1,002 - $1,388
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$1,002 - $1,388

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1 to 2 Bedroom Apartments Available Now

Milo

4217 Louisiana Blvd NEAlbuquerque, NM 87109
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Canoan Village
$1,017 - $1,757
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$1,017 - $1,757

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Studio to 2 Bedroom Apartments Available Now

Canoan Village

5300 Eubank Blvd NEAlbuquerque, NM 87111
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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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Sun Plaza
Rent Specials
$1,097 - $1,882
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$1,097 - $1,882

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1 to 3 Bedroom Apartments Available Now

Sun Plaza

4400 Montgomery Blvd NEAlbuquerque, NM 87109
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Calero
$1,162 - $2,021
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$1,162 - $2,021

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Calero

8000 Montgomery Blvd NEAlbuquerque, NM 87109
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AYA ABQ
Rent Specials
$1,205 - $4,261
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$1,205 - $4,261

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1 to 2 Bedroom Apartments Available Now

AYA ABQ

5324 San Mateo Blvd NEAlbuquerque, NM 87109
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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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Sierra Meadows
Rent Specials
$1,215 - $2,136
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$1,215 - $2,136

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1 to 3 Bedroom Apartments Available Now

Sierra Meadows

4224-4246 Eubank BlvdAlbuquerque, NM 87111
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Casa Tierra
Rent Specials
$1,281 - $5,495
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$1,281 - $5,495

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Casa Tierra

4949 San Pedro Dr NEAlbuquerque, NM 87109
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property at 8301 Comanche Ct NE

$1,450

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$1,450

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$1,450

1 Bedroom, 1 Bath Townhome for Rent

Available Now

8301 Comanche Ct NE

AlbuquerqueNM87110
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Allaso Journal Center
Rent Specials
$1,483 - $2,268
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$1,483 - $2,268

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Studio to 2 Bedroom Apartments Available Now

Allaso Journal Center

7800 Headline Blvd NEAlbuquerque, NM 87109
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The Senary by Allaso
Rent Specials
$1,603 - $2,667
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$1,603 - $2,667

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The Senary by Allaso

7501 Jefferson St NEAlbuquerque, NM 87109
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San Mateo Suites
Studio Apartments

San Mateo Suites

5001 San Mateo Ln NEAlbuquerque, NM 87109
  • 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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Lincoln Place
Studio to 2 Bedroom Apartments

Lincoln Place

4401 San Pedro Dr NEAlbuquerque, NM 87109
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Treehouse Apartments
Studio to 2 Bedroom Apartments

Treehouse Apartments

4610 Eubank Blvd NEAlbuquerque, NM 87111
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Villas Del Cielo
1 to 2 Bedroom Apartments

Villas Del Cielo

3131 Adams St NEAlbuquerque, NM 87110
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Spain Townhomes
2 Bedroom Apartments

Spain Townhomes

5009 El Corte Miramar NEAlbuquerque, NM 87111
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Rancho Verde
1 to 2 Bedroom Apartments

Rancho Verde

5800 Truchas Dr NEAlbuquerque, NM 87109

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.

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 1 Bed unit found at Encanto Lofts Apartments priced from $835. Casa Del Arroyo Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $850. Here are the most affordable Bear Canyon apartments for rent in Albuquerque, NM:

Apartment ListingModel NameBed/BathPriced From
Encanto Lofts ApartmentsAspen - One Bedroom One Bath1BR,1BA$835
Casa Del Arroyo Apartments1bd/1ba1BR,1BA$850
Via Apartments1 bedroom 1 bathroom TC1BR,1BA$864
Montecito0BD, 1BTH Studio,1BA$892
Candlelight SquareDesert Willow1BR,1BA$895
Sedona RidgeZuni1BR,1BA$899
Norte Villas ApartmentsOne Bedroom One Bath - 457 Sq Ft1BR,1BA$909
Treehouse ApartmentsWillowStudio,1BA$964
Mont 44 Apartments1 Bedroom, 1 Bathroom TC1BR,1BA$964
North Park ApartmentsBirch1BR,1BA$985

Best Value Apartments for Rent in Bear Canyon, NM

As of May 10, 2026 the best value apartment in the Bear Canyon area is the $1.13 price per square foot Two Bedroom - Fully Remodeled Model at Pinon Terrace in the in the Northeast Quadrant neighborhood starting from $1,245. The second greatest value Bear Canyon apartment is the Two Bedroom One Bath Model at The Lakes starting at $1,320 with a $1.48 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.
Pinon TerraceTwo Bedroom - Fully Remodeled2BR,1BA$1.13
The LakesTwo Bedroom One Bath2BR,1BA$1.48
Villas Del Cielo1 Bedroom1BR,1BA$1.41
Wyoming Place Apartments1 Bed B1BR,1BA$1.43
Sunset PointeSM1X11BR,1BA$1.45
Woodberry Heights1x1C1BR,1BA$1.45
Via Apartments1 bedroom 1 bathroom TC1BR,1BA$1.20
Academy Heights Apartments1 Bedr / 1 Bath1BR,1BA$1.52
North Park ApartmentsBirch1BR,1BA$1.54
Casa Del Arroyo Apartments1bd/1ba1BR,1BA$1.36

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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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 #42

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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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 Montecito listed at $892.

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

The lowest price for a Cheap One Bedroom Bear Canyon Apartment is $835 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 $936 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.

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.

Articles, How-To's, and Tips

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.