
Cheap Apartments for Rent in the Bear Canyon Neighborhood of Albuquerque, NM from $700 (29 Rentals)
Search the lowest-cost Apartments available for rent right now in the Bear Canyon area of Albuquerque.


Encanto Lofts Apartments

Sedona Ridge

Acacia Gardens

San Pedro Village

Villas de la Terraza

Canyon Crest
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.

7510 Pennsylvania Ln NE

Candlelight Square

Treehouse Apartments

Mont 44 Apartments

North Park Apartments

Montecito

Woodberry Heights
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.

Casa Del Arroyo Apartments

Villas Del Cielo

Canoan Village

Wyoming Place Apartments

Sunset Pointe

Academy Heights Apartments

Calero
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Milo

Pinon Terrace

Silverado

San Mateo Suites

Chelsea Village Apartments

4200 Montgomery Blvd NE

Sun Pointe Park Apartments
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.

Norte Villas Apartments
Bear Canyon, Albuquerque, NM Local Guide

How much does it cost to rent an apartment in Bear Canyon?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Bear Canyon Studio Apartments | $1,190 | $779 | $1,824 |
| Bear Canyon 1 Bedroom Apartments | $1,283 | $855 | $2,603 |
| Bear Canyon 2 Bedroom Apartments | $1,507 | $999 | $3,673 |
| Bear Canyon 3 Bedroom Apartments | $1,697 | $1,331 | $1,901 |
Browse Apartments in this Neighborhood
There are currently 29 rentals with your search options within a 2 mile radius of the Bear Canyon Neighborhood of Albuquerque, NM.
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Bear Canyon, Albuquerque, NM Local Guide
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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 $779. Via Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $801. Here are the most affordable Bear Canyon apartments for rent in Albuquerque, NM:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Encanto Lofts Apartments | Juniper - Studio + Den | Studio,1BA | $779 |
| Via Apartments | Studio TC | Studio,1BA | $801 |
| Sedona Ridge | Zuni | 1BR,1BA | $850 |
| Acacia Gardens | Taos Classic | 1BR,1BA | $855 |
| Candlelight Square | Silver Sage | 1BR,1BA | $899 |
| Canyon Crest | 0 Bedroom 1 Bathroom | Studio,1BA | $905 |
| Chelsea Village Apartments | KaloSolo | 1BR,1BA | $910 |
| Treehouse Apartments | Willow | Studio,1BA | $954 |
| Mont 44 Apartments | 1 Bedroom, 1 Bathroom TC | 1BR,1BA | $964 |
| North Park Apartments | Birch | 1BR,1BA | $985 |
Best Value Apartments for Rent in Bear Canyon, NM
As of January 27, 2026 the best value apartment in the Bear Canyon area is the $1.31 price per square foot Jemez Platinum Model at Milo in the in the Northeast Quadrant neighborhood starting from $1,245. The second greatest value Bear Canyon apartment is the One Bedroom - Fully Remodeled Model at Pinon Terrace starting at $1,085 with a $1.36 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Milo | Jemez Platinum | 2BR,1BA | $1.31 |
| Pinon Terrace | One Bedroom - Fully Remodeled | 1BR,1BA | $1.36 |
| Villas Del Cielo | 1 Bedroom | 1BR,1BA | $1.32 |
| Tesoro on Spain | A2 | 1BR,1BA | $1.57 |
| Sunset Pointe | SM1X1 | 1BR,1BA | $1.45 |
| Academy Heights Apartments | 1 Bedr / 1 Bath | 1BR,1BA | $1.51 |
| Calero | 1X1 Reno | 1BR,1BA | $1.60 |
| North Park Apartments | Birch | 1BR,1BA | $1.54 |
| San Pedro Village | Cochiti One Bedroom | 1BR,1BA | $1.60 |
| Chelsea Village Apartments | KaloSolo-Premium | 1BR,1BA | $1.53 |
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 ArticleDon'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.
Read ArticleThe 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.
Read ArticleCash 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.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
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Pet Friendly LifestyleBear Canyon, Albuquerque, NM
Ranked #39
Among cities in New Mexico for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
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 Sedona Ridge which is listed at $850, while the average apartment in Bear Canyon costs $1,767.
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 30 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 $164 which is $1,603 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

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.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

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.

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.