Cheap Apartments for Rent in the Candelmen Neighborhood of Albuquerque, NM from $500 (78 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Candelmen 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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Eagle Point Apartments
Rent Specials
$970 - $1,578
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$970 - $1,578

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Studio to 2 Bedroom Apartments Available Now

Eagle Point Apartments

4401 Morris St NEAlbuquerque, NM 87111
Active Lifestyle
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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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Copper Hills
Rent Specials
$999 - $1,253
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$999 - $1,253

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1 to 2 Bedroom Apartments Available Now

Copper Hills

4200 Spanish Bit NEAlbuquerque, NM 87111
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Canoan Village
$1,092 - $1,757
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$1,092 - $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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CIBOLA VILLAGE
$1,109 - $1,519
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$1,109 - $1,519

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1 to 2 Bedroom Apartments Available Now

CIBOLA VILLAGE

12400 Montgomery Blvd NEAlbuquerque, NM 87111
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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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Calero
$1,141 - $1,918
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$1,141 - $1,918

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1 to 3 Bedroom Apartments Available Now

Calero

8000 Montgomery Blvd NEAlbuquerque, NM 87109
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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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MOUNTAIN VISTA
$1,209 - $1,699
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$1,209 - $1,699

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1 to 3 Bedroom Apartments Available Now

MOUNTAIN VISTA

1501 Tramway Blvd NEAlbuquerque, NM 87112
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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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Sierra Meadows
Rent Specials
$1,278 - $2,113
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$1,278 - $2,113

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1 to 3 Bedroom Apartments Available Now

Sierra Meadows

4224-4246 Eubank BlvdAlbuquerque, NM 87111
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VILLA LA CHARLES
$1,280 - $1,517
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$1,280 - $1,517

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1 to 2 Bedroom Apartments Available Now

VILLA LA CHARLES

12200 Montgomery Blvd NEAlbuquerque, NM 87111
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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 Now

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
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11101 Towner Ave NE
1 to 2 Bedroom Apartments

11101 Towner Ave NE

11101 Towner Ave NEAlbuquerque, NM 87112

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.

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 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 ListingModel NameBed/BathPriced From
Juniper FlatsArroyoStudio,1BA$700
The Twelve 6011BR/1.0BA1BR,1BA$765
Casa Del Arroyo Apartments1bd/1ba1BR,1BA$850
Monterey Manor ApartmentsKaloSolo1BR,1BA$875
Executive East Apartments1 Beds, 1 Baths1BR,1BA$875
Rio Vista ApartmentsIncome-Restricted One Bedroom Senior Apartment ...1BR,1BA$890
Candlelight SquareSilver Sage1BR,1BA$899
Dorado HeightsAStudio,1BA$925
Pine Lane ApartmentsKaloSolo1BR,1BA$925
The Retreat at CandelariaArtesia1BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
Pinon TerraceTwo Bedroom - Fully Remodeled2BR,1BA$1.13
The Heights at TramwayTwo Bedroom One Bath2BR,1BA$1.34
Los Altos TowersOne Bedroom One Bath1BR,1BA$1.33
Wyoming Place Apartments1 Bed B1BR,1BA$1.43
Copper Hills1x11BR,1BA$1.43
Monterey Manor ApartmentsKaloSolo-Premium1BR,1BA$1.36
Executive East Apartments1 Beds, 1 Baths1BR,1BA$1.25
The Twelve 6011BR/1.0BA1BR,1BA$1.09
Pine Lane ApartmentsKaloSolo1BR,1BA$1.42
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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Quick 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.

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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 $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

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.

decorative image for Your Guide to the Best Neighborhoods to Rent Near Albuquerques Top Employers   article

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

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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.

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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.

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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.

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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.