Cheap Apartments for Rent in the Candelmen Neighborhood of Albuquerque, NM from $500 (77 Rentals)

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

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Copper Hills
Rent Specials
$899 - $1,131
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$899 - $1,131
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1 to 2 Bedroom Apartments Available Now

Copper Hills

4200 Spanish Bit NEAlbuquerque, NM 87111
Cost Per Sq.Ft.
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  • Low Income

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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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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Canoan Village
$1,017 - $1,682
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$1,017 - $1,682
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Studio to 2 Bedroom Apartments Available Now

Canoan Village

5300 Eubank Blvd NEAlbuquerque, NM 87111
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MOUNTAIN VISTA
Rent Specials
$1,135 - $1,750
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$1,135 - $1,750
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1 to 3 Bedroom Apartments Available Now

MOUNTAIN VISTA

1501 Tramway Blvd NEAlbuquerque, NM 87112
Corporate Housing
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  • 3D Tour

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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The Reserve
Rent Specials
$1,143 - $1,620
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$1,143 - $1,620
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1 to 3 Bedroom Apartments Available Now

The Reserve

1001 Tramway Blvd NEAlbuquerque, NM 87112
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CIBOLA VILLAGE
$1,215 - $1,531
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$1,215 - $1,531
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1 to 2 Bedroom Apartments Available Now

CIBOLA VILLAGE

12400 Montgomery Blvd NEAlbuquerque, NM 87111
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VILLA LA CHARLES
$1,235 - $1,778
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$1,235 - $1,778
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1 to 2 Bedroom Apartments Available Now

VILLA LA CHARLES

12200 Montgomery Blvd NEAlbuquerque, NM 87111
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Sierra Meadows
Rent Specials
$1,240 - $2,136
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$1,240 - $2,136
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1 to 3 Bedroom Apartments Available Now

Sierra Meadows

4224-4246 Eubank BlvdAlbuquerque, NM 87111
Pet Friendly
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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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Calero
$1,259 - $2,021
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$1,259 - $2,021
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1 to 3 Bedroom Apartments Available Now

Calero

8000 Montgomery Blvd NEAlbuquerque, NM 87109
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property at 8301 Comanche Ct NE

$1,450

Total Monthly Price

Total Monthly Price

Base Rent
$1,450
Total Monthly Price
$1,450

1 Bedroom, 1 Bath Townhome for Rent

Available May 1

8301 Comanche Ct NE

AlbuquerqueNM87110
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Donna Ann Apartments
1 to 2 Bedroom Apartments

Donna Ann Apartments

7905-8021 Marquette Ave NEAlbuquerque, NM 87108
  • Utilities Included
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11101 Towner Ave NE
1 to 2 Bedroom Apartments

11101 Towner Ave NE

11101 Towner Ave NEAlbuquerque, NM 87112

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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Candelmen, Albuquerque, NM Local Guide

Cheapest Available Candelmen Apartments for Rent

 

The cheapest available apartment rental in the Candelmen area of Albuquerque, NM is a Studio unit found at Lexington Place Apartments priced from $840. Pinewood Estates has the second lowest priced unit, which is a Studio apartment currently listed from $852. Here are the most affordable Candelmen apartments for rent in Albuquerque, NM:

Apartment ListingModel NameBed/BathPriced From
Lexington Place ApartmentsStudioStudio,1BA$840
Pinewood EstatesStudioStudio,1BA$852
The Twelve 6012BR/1.0BA2BR,1BA$875
Rio Vista Senior ApartmentsIncome-Restricted One Bedroom Senior Apartment ...1BR,1BA$890
Casa Del Arroyo Apartments1bd/1ba1BR,1BA$895
Sedona RidgeZuni1BR,1BA$899
Los Altos TowersStudioStudio,1BA$909
The Retreat at CandelariaArtesia1BR,1BA$928
Monterey Manor ApartmentsKaloSolo-Premium1BR,1BA$950
Treehouse ApartmentsWillowStudio,1BA$959

Best Value Apartments for Rent in Candelmen, NM

As of April 27, 2026 the best value apartment in the Candelmen 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 Candelmen apartment is the 12229 Menaul Blvd NE Model at 12229 Menaul Blvd NE, Unit B starting at $1,400 with a $1.39 price per square foot in the Northeast Quadrant neighborhood. Here is today’s list of the best values for Candelmen apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Pinon TerraceTwo Bedroom - Fully Remodeled2BR,1BA$1.13
12229 Menaul Blvd NE, Unit B12229 Menaul Blvd NE2BR,1BA$1.39
Copper Hills2x22BR,2BA$1.13
Executive West - Senior CommunityTwo Bedroom Two Bath2BR,2BA$1.46
The Heights at TramwayTwo Bedroom One Bath2BR,1BA$1.34
2504 Chelwood Park Blvd NE, Unit Apartment A2504 Chelwood Park Blvd NE2BR,1BA$1.37
Arlo ApartmentsB12BR,1BA$1.45
The Twelve 6012BR/1.0BA2BR,1BA$1.09
Monterey Manor ApartmentsKaloSolo-Premium1BR,1BA$1.36
Casa Del Arroyo Apartments1bd/1ba1BR,1BA$1.43

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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.

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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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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Best Local Schools in
Candelmen, Albuquerque, NM

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Lifestyle Ratings

ApartmentHomeLiving brings you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of neighborhoods, cities, and rental properties across New Mexico and customized analysis for Eastern Albuquerque, NM. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including rankings of the best places for outdoor amenities like tennis courts, luxury amenities, pet-friendly features, places that make kids happy, proximity to transit, and how walkable or bikeable each community and area is. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap Candelmen Apartments

What is a cheap apartment in Candelmen?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Candelmen is under $959.

What is the price of a cheap apartment in Candelmen?

The cheapest apartment in Candelmen is Rio Vista Senior Apartments which is listed at $890, while the average apartment in Candelmen costs $3,000.

What types of apartments are the cheapest in Candelmen?

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 29 regular apartments in Candelmen that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

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

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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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.