Search the lowest-cost Apartments available for rent right now in the Cervantes area of Albuquerque.
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| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cervantes Studio Apartments | $971 | $779 | $1,661 |
| Cervantes 1 Bedroom Apartments | $1,112 | $902 | $1,750 |
| Cervantes 2 Bedroom Apartments | $1,393 | $995 | $2,200 |
| Cervantes 3 Bedroom Apartments | $1,669 | $1,338 | $1,765 |
There are currently 13 rentals with your search options within a 2 mile radius of the Cervantes Neighborhood of Albuquerque, NM.
See all Apartments in AlbuquerqueThe cheapest available apartment rental in the Cervantes area of Albuquerque, NM is a Studio unit found at Carousel priced from $740. Comanche Wells has the second lowest priced unit, which is a Studio apartment currently listed from $779. Here are the most affordable Cervantes apartments for rent in Albuquerque, NM:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Carousel | 0 Bedroom 1 Bath - 38720 | Studio,1BA | $740 |
| Comanche Wells | S1 | Studio,1BA | $779 |
| Desert Creek Apartments | SRO-Sleeping room only | Studio,1BA | $797 |
| Rock Creek | Studio | Studio,1BA | $799 |
| Sunchase Apartments | Jr 1x1 | 1BR,1BA | $905 |
As of February 22, 2026 the best value apartment in the Cervantes area is the $1.60 price per square foot Elm Model at Q @ Vassar in the in the Netherwood Park neighborhood starting from $1,765. The second greatest value Cervantes apartment is the Renovated Model at Cresta North Valley starting at $1,375 with a $1.38 price per square foot in the Northwest Quadrant neighborhood. Here is today’s list of the best values for Cervantes apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Q @ Vassar | Elm | 3BR,2BA | $1.60 |
| Cresta North Valley | Renovated | 2BR,2BA | $1.38 |
| Theta Apartments | KaloDuo | 2BR,2BA | $1.09 |
| 1/2 OFF FIRST MONTHS RENT | 1BR/1.0BA | 1BR,1BA | $1.34 |
| Villa Esperanza | Two Bedroom One and a Half Bath | 2BR,1BA | $1.54 |
| Arroyo Vista | One Bedroom | 1BR,1BA | $1.34 |
| Anthea | 1 Bedroom 1 Bath - 38725 | 1BR,1BA | $1.67 |
| Peaks at Sandia View | 1x1R-640 | 1BR,1BA | $1.68 |
| Sunchase Apartments | Jr 1x1 | 1BR,1BA | $1.66 |
| Carousel | 0 Bedroom 1 Bath - 38721 | Studio ,1BA | $1.50 |
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 ArticleDiscover 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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Read ArticleThe 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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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!
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Cervantes is under $1,000.
The cheapest apartment in Cervantes is Comanche Wells which is listed at $902, while the average apartment in Cervantes costs $1,728.
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 23 regular apartments in Cervantes that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
Cheap apartments in Cervantes have an average cost of $389 which is $1,339 cheaper than the average rent for all rentals in Cervantes.
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.
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