
Cheap Apartments for Rent in the Candelmen Neighborhood of Albuquerque, NM from $500 (78 Rentals)
Search the lowest-cost Apartments available for rent right now in the Candelmen area of Albuquerque.


The Twelve 601

Canyon Crest

Casa Del Arroyo Apartments

Executive East Apartments

Executive West - Senior Community

Rio Vista Apartments

Candlelight Square

2408 Chelwood Park Blvd NE, Unit D

Dorado Heights
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.

The Retreat at Candelaria

Lexington Place Apartments

Arlo Apartments

Acacia Gardens

Three Fountains

Total Monthly Price
Eagle Point Apartments

Sunrise Apartments

12124 Indian School Rd NE

Sedona Ridge

Wyoming Place Apartments
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.

Total Monthly Price
Copper Hills

940 Chelwood Park Blvd NE

8313 Marquette Ave. NE

La Vida Buena Apartments

Pinewood Estates

Pinon Terrace

Total Monthly Price
Canoan Village

Total Monthly Price
CIBOLA VILLAGE

Villa Serena Apartments

Northpointe Village
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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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Calero

Total Monthly Price
The Reserve

Northeastern

Total Monthly Price
12001 Phoenix Ave NE, Unit C

11912 Indian School Rd NE

The Heights at Tramway

10204 Candelaria Rd NE, Unit 10204

Total Monthly Price
MOUNTAIN VISTA

Tesoro on Spain

Grove at Tramway
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.

Total Monthly Price
Sierra Meadows

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VILLA LA CHARLES

Indigo Park

12120 Candelaria Rd NE

Enclave

Total Monthly Price
12205 Haines Ave NE, Unit Haines Apartments

8801 Natalie Ave NE

8301 Comanche Ct NE

Donna Ann Apartments

11101 Towner Ave NE
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Candelmen, Albuquerque, NM Local Guide

How much does it cost to rent an apartment in Candelmen?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Candelmen Studio Apartments | $849 | $700 | $1,242 |
| Candelmen 1 Bedroom Apartments | $1,227 | $765 | $2,439 |
| Candelmen 2 Bedroom Apartments | $1,441 | $850 | $2,977 |
| Candelmen 3 Bedroom Apartments | $1,745 | $1,426 | $2,150 |
| Candelmen 4 Bedroom Apartments | $3,000 | $3,000 | $3,000 |
Browse Apartments in this Neighborhood
There are currently 78 rentals with your search options within a 2 mile radius of the Candelmen Neighborhood of Albuquerque, NM.
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Candelmen, Albuquerque, NM Local Guide
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Cheapest Available Candelmen Apartments for Rent
 The cheapest available apartment rental in the Candelmen area of Albuquerque, NM is a Studio unit found at Juniper Flats priced from $700. The Twelve 601 has the second lowest priced unit, which is a 1 Bed apartment currently listed from $765. Here are the most affordable Candelmen apartments for rent in Albuquerque, NM:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Juniper Flats | Arroyo | Studio,1BA | $700 |
| The Twelve 601 | 1BR/1.0BA | 1BR,1BA | $765 |
| Casa Del Arroyo Apartments | 1bd/1ba | 1BR,1BA | $850 |
| Monterey Manor Apartments | KaloSolo | 1BR,1BA | $875 |
| Executive East Apartments | 1 Beds, 1 Baths | 1BR,1BA | $875 |
| Rio Vista Apartments | Income-Restricted One Bedroom Senior Apartment ... | 1BR,1BA | $890 |
| Candlelight Square | Silver Sage | 1BR,1BA | $899 |
| Dorado Heights | A | Studio,1BA | $925 |
| Pine Lane Apartments | KaloSolo | 1BR,1BA | $925 |
| The Retreat at Candelaria | Artesia | 1BR,1BA | $928 |
Best Value Apartments for Rent in Candelmen, NM
As of June 11, 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 Two Bedroom One Bath Model at The Heights at Tramway starting at $1,199 with a $1.34 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Pinon Terrace | Two Bedroom - Fully Remodeled | 2BR,1BA | $1.13 |
| The Heights at Tramway | Two Bedroom One Bath | 2BR,1BA | $1.34 |
| Los Altos Towers | One Bedroom One Bath | 1BR,1BA | $1.33 |
| Wyoming Place Apartments | 1 Bed B | 1BR,1BA | $1.43 |
| Copper Hills | 1x1 | 1BR,1BA | $1.43 |
| Monterey Manor Apartments | KaloSolo-Premium | 1BR,1BA | $1.36 |
| Executive East Apartments | 1 Beds, 1 Baths | 1BR,1BA | $1.25 |
| The Twelve 601 | 1BR/1.0BA | 1BR,1BA | $1.09 |
| Pine Lane Apartments | KaloSolo | 1BR,1BA | $1.42 |
| Casa Del Arroyo Apartments | 1bd/1ba | 1BR,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.
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 ArticleReal 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.
Read ArticleQuick 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.
Best Local Schools in Candelmen, Albuquerque, NM
School data provided by Great Schools
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 $928.
What is the price of a cheap apartment in Candelmen?
The cheapest apartment in Candelmen is The Twelve 601 which is listed at $765, 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.
How do the prices of cheap apartments compare to the average apartment in Candelmen?
Cheap apartments in Candelmen have an average cost of $268 which is $2,732 cheaper than the average rent for all rentals in Candelmen.
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

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.

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.

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.

Your Guide to the Best Neighborhoods to Rent Near Albuquerques Top Employers
Written by: Esther Lombardi
I still recollect my first morning commute in Albuquerque.
Articles, How-To's, and Tips

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.