Cheap Apartments for Rent in the Cervantes Neighborhood of Albuquerque, NM from $400 (56 Rentals)

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

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Comanche Wells
Rent Specials
$788 - $2,849
Total Monthly Price

Total Monthly Price

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$788 - $2,849

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Studio to 2 Bedroom Apartments Available Now

Comanche Wells

3400 Comanche Rd NEAlbuquerque, NM 87107
Corporate Housing
  • Verified
  • Customer Reviewed
  • Low Income
property at 401 14th St NW

$760 - $825

Studio Rentals

Available Now

401 14th St NW

AlbuquerqueNM87104
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Union 505
Rent Specials
$838 - $2,300
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Total Monthly Price

Base Rent
$838 - $2,300

Total Monthly Price
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Studio to 2 Bedroom Apartments Available Now

Union 505

801 Locust Pl NEAlbuquerque, NM 87102
Active Lifestyle
  • Verified
  • Customer Reviewed
  • 3D Tour

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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Tesota Morningside
Rent Specials
$952 - $1,330
Total Monthly Price

Total Monthly Price

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$952 - $1,330

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1 to 2 Bedroom Apartments Available Now

Tesota Morningside

3958 Montgomery Blvd NEAlbuquerque, NM 87109
Affordability
  • Verified
  • Customer Reviewed
  • 3D Tour
property at 1508 Edith Blvd NE

$1,100 - $1,600

Total Monthly Price

Total Monthly Price

Base Rent
$1,100 - $1,600

Total Monthly Price
$1,100 - $1,600

Studio To 2 Bedroom Homes for Rent

Available Now

1508 Edith Blvd NE

AlbuquerqueNM87102

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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Glo Apartments
$1,162 - $1,709
Total Monthly Price

Total Monthly Price

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$1,162 - $1,709

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Studio to 2 Bedroom Apartments Available Now

Glo Apartments

3901 Indian School Rd NEAlbuquerque, NM 87110
Transit Friendly
  • Verified
  • Customer Reviewed
  • 3D Tour
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Valley Apartments
$1,223 - $1,721
Total Monthly Price

Total Monthly Price

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$1,223 - $1,721

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1 to 3 Bedroom Apartments Available Now

Valley Apartments

1812 Indian School Rd NWAlbuquerque, NM 87104
Affordability
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  • Customer Reviewed
  • 3D Tour
property at 1506 Edith Blvd NE

$1,350

Total Monthly Price

Total Monthly Price

Base Rent
$1,350

Total Monthly Price
$1,350

1 Bedroom, 1 Bath Home for Rent

Available Now

1506 Edith Blvd NE

AlbuquerqueNM87102
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Calle Cuarta
Studio to 3 Bedroom Apartments

Calle Cuarta

3525 4th St NWAlbuquerque, NM 87107
  • Utilities Included
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1420 4th St NW
1 to 2 Bedroom Apartments

1420 4th St NW

1420-1422 4th St NWAlbuquerque, NM 87102
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Candelaria Gardens
2 Bedroom Apartments

Candelaria Gardens

820 Candelaria Rd NWAlbuquerque, NM 87107
  • Utilities Included

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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Studio Apartments

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401 14th StAlbuquerque, NM 87104
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Sawmill Lofts
1 to 3 Bedroom Apartments

Sawmill Lofts

1801 Bellamah Ave NWAlbuquerque, NM 87104
  • Utilities Included
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Aztec Manor
1 to 2 Bedroom Apartments

Aztec Manor

403 Aztec Rd NWAlbuquerque, NM 87107
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Downtown @ 700
Studio Apartments

Downtown @ 700

700 2nd St NWAlbuquerque, NM 87102
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Del Lago Apartments
1 Bedroom Apartments

Del Lago Apartments

1505 Girard Blvd NEAlbuquerque, NM 87106
Student Housing
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Los Arcos
1 Bedroom Apartments

Los Arcos

1813 Girard Blvd NEAlbuquerque, NM 87106
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Faraday
2 Bedroom Apartments

Faraday

4322 4th St NWAlbuquerque, NM 87107
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The Franz
Studio to 1 Bedroom Apartments

The Franz

1716 Central Ave NWAlbuquerque, NM 87104

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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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Villa Esperanza
1 to 4 Bedroom Apartments

Villa Esperanza

3901 Lafayette DrAlbuquerque, NM 87107
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Fourth Street Flats
Studio to 2 Bedroom Apartments

Fourth Street Flats

4419 4th St NWAlbuquerque, NM 87107
  • Utilities Included
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Theta Apartments
1 to 2 Bedroom Apartments

Theta Apartments

3900 Tulane Dr NEAlbuquerque, NM 87107
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Aspen Plaza
1 to 2 Bedroom Apartments

Aspen Plaza

3700 Aspen Ave NEAlbuquerque, NM 87110
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Cresta North Valley
Studio to 2 Bedroom Apartments

Cresta North Valley

3308 4th St NWAlbuquerque, NM 87107
  • Utilities Included
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Anthea
1 to 3 Bedroom Apartments

Anthea

950 4th St NWAlbuquerque, NM 87102

Check Out Albuquerque’s Best Affordable Neighborhoods

Learn about Albuquerque and the best places to live with original content written by our Local Expert Esther Lombardi

Cervantes, Albuquerque, NM Local Guide

Cheapest Available Cervantes Apartments for Rent

 

The cheapest available apartment rental in the Cervantes area of Albuquerque, NM is a Studio unit found at Comanche Wells priced from $793. Union 505 has the second lowest priced unit, which is a Studio apartment currently listed from $838. Here are the most affordable Cervantes apartments for rent in Albuquerque, NM:

Apartment ListingModel NameBed/BathPriced From
Comanche WellsS1Studio,1BA$793
Union 505StudioStudio,1BA$838
1/2 OFF FIRST MONTHS RENT0BR/1.0BAStudio,1BA$900
Sunchase ApartmentsJr 1x11BR,1BA$905
Desert Creek ApartmentsThe SonoranStudio,1BA$914
Arroyo VistaOne Bedroom1BR,1BA$971
Peaks at Sandia View1x1-6401BR,1BA$1,025
Peaks at Los RanchosSilverado RenovatedStudio,1BA$1,025
Theta ApartmentsKaloDuo2BR,2BA$1,075
Lifestyles at Renaissance1 Bed, 1 Bath1BR,1BA$1,137

Best Value Apartments for Rent in Cervantes, NM

As of April 09, 2026 the best value apartment in the Cervantes area is the $1.20 price per square foot KaloDuo Model at Theta Apartments in the in the Northwest Quadrant neighborhood starting from $1,075. The second greatest value Cervantes apartment is the B2BR Model at Tesota Morningside starting at $1,293 with a $1.49 price per square foot in the North Valley neighborhood. Here is today’s list of the best values for Cervantes apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Theta ApartmentsKaloDuo2BR,2BA$1.20
Tesota MorningsideB2BR2BR,2BA$1.49
Villa EsperanzaTwo Bedroom One and a Half Bath2BR,1BA$1.54
Arroyo VistaTwo Bedroom2BR,1BA$1.48
Poblana PlaceD 1/11BR,1BA$1.80
Peaks at Sandia View1x1R-6401BR,1BA$1.68
Lifestyles at Renaissance1 Bed, 1 Bath1BR,1BA$1.90
Rock CreekOne Bedroom1BR,1BA$1.74
Sunchase ApartmentsJr 1x11BR,1BA$1.66
Comanche WellsS1Studio ,1BA$1.88

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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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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

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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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Pet Friendly Lifestyle
Cervantes, Albuquerque, NM

Ranked #166

Among cities in New Mexico for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving brings you Lifestyle Ratings of rentals and neighborhoods across the USA, and customized analysis for Central Albuquerque. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including searching for the best amenities, and outdoor amenities like tennis courts, pet-friendly features, places to raise kids, proximity to transit, and much more. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

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

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Albuquerque, New Mexico, offers culture, diversity, and beautiful landscapes. Each neighborhood blends historic charm with nature, education, and entertainment.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

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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.