
Cheap 1 Bedroom Apartments for Rent in the Cervantes Neighborhood of Albuquerque, NM from $795 (36 Rentals)


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Desert Creek Apartments

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Comanche Wells

Sunchase Apartments

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Tesota Morningside

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Union 505

Citadel - Free Utilities

Cedars - Free Cable & Internet*

505 Headingly Ave NW
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.

Rock Creek

Arroyo Vista

820 Apache Ave NW

911 Fruit Ave NW

Peaks at Sandia View

Lifestyles at Renaissance

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Valley Apartments

Peaks at Los Ranchos

1/2 OFF FIRST MONTHS RENT
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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Glo Apartments

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1204 Sawmill Rd NW

1506 Edith Blvd NE

Santa Barbara

Villa Nueva Senior Apartments

Calle Cuarta

Sawmill Lofts

Aztec Manor

Los Arcos
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.

Del Lago Apartments

Villa Esperanza

Aspen Plaza

522 14th St NW

Anthea

Salida Del Sol Apartments

Cresta North Valley

810 13th St NW

Poblana Place
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.
Cervantes, Albuquerque, NM Local Guide

How much does it cost to rent an apartment in Cervantes?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cervantes Studio Apartments | $938 | $788 | $1,661 |
Cervantes 1 Bedroom Apartments | $1,149 | $795 | $1,995 |
| Cervantes 2 Bedroom Apartments | $1,394 | $850 | $2,750 |
| Cervantes 3 Bedroom Apartments | $1,643 | $1,398 | $1,800 |
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Cervantes, Albuquerque, NM Local Guide
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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.
Read ArticleThe 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?
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.
Pet Friendly LifestyleCervantes, Albuquerque, NM
Ranked #166
Among cities in New Mexico for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Best Local Schools in Cervantes, Albuquerque, NM
School data provided by Great Schools
Frequently Asked Questions about Cheap Cervantes Apartments
What is a cheap apartment in Cervantes?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Cervantes is under $1,137.
What is the price of a cheap apartment in Cervantes?
The cheapest apartment in Cervantes is Sunchase Apartments which is listed at $905, while the average apartment in Cervantes costs $1,700.
What types of apartments are the cheapest in Cervantes?
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 31 regular apartments in Cervantes 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 Cervantes?
Cheap apartments in Cervantes have an average cost of $511 which is $1,189 cheaper than the average rent for all rentals in Cervantes.
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.
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.

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.

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.