
Cheap Apartments for Rent in the Cervantes Neighborhood of Albuquerque, NM from $500 (19 Rentals)
Search the lowest-cost Apartments available for rent right now in the Cervantes area of Albuquerque.


Comanche Wells

Cedars - Free Cable & Internet*

Union 505

Rock Creek
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.

1431 Girard Blvd NE

Citadel - Free Utilities

1830 Vassar Dr NE

3429 Aztec Rd NE

3505 Tulane Dr NE
The Art of the Rental Viewing: What to look for during a property tour
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.
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

How much does it cost to rent an apartment in Cervantes?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Cervantes Studio Apartments | $997 | $577 | $1,661 |
Cervantes 1 Bedroom Apartments | $1,168 | $850 | $2,527 |
Cervantes 2 Bedroom Apartments | $1,432 | $900 | $3,187 |
Cervantes 3 Bedroom Apartments | $1,683 | $1,275 | $2,595 |
Cervantes 4 Bedroom Apartments | $1,591 | $1,591 | $1,591 |
Browse Apartments in this Neighborhood
There are currently 19 rentals with your search options within a 2 mile radius of the Cervantes Neighborhood of Albuquerque, NM.
See all Apartments in AlbuquerqueExplore Albuquerque
Cervantes, Albuquerque, NM Local Guide
- Nearby Albuquerque neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
Cheapest Available Cervantes Apartments for Rent
 The cheapest available apartment rental in the Cervantes area of Albuquerque, NM is a Studio unit found at Desert Creek Apartments priced from $577. Comanche Wells has the second lowest priced unit, which is a Studio apartment currently listed from $729. Here are the most affordable Cervantes apartments for rent in Albuquerque, NM:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Desert Creek Apartments | SRO-Sleeping room only | Studio,1BA | $577 |
Comanche Wells | S1 | Studio,1BA | $729 |
Union 505 | Studio | Studio,1BA | $810 |
Cedars - Free Cable & Internet* | Yucca | 1BR,1BA | $850 |
Rock Creek | Studio | Studio,1BA | $855 |
Best Value Apartments for Rent in Cervantes, NM
As of June 28, 2025 the best value apartment in the Cervantes area is the $1.41 price per square foot Four Bedroom Two Bath Model at Villa Esperanza in the in the Northwest Quadrant neighborhood starting from $1,586. The second greatest value Cervantes apartment is the 3 Bedroom 2 Bath Model at Sun Pointe Park Apartments starting at $1,275 with a $1.28 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Villa Esperanza | Four Bedroom Two Bath | 4BR,1BA | $1.41 |
Sun Pointe Park Apartments | 3 Bedroom 2 Bath | 3BR,2BA | $1.28 |
Arroyo Vista | Two Bedroom, Two Bath (A) | 2BR,2BA | $1.48 |
Valley Apartments | River Platinum | 2BR,1BA | $1.52 |
Cresta North Valley | 1 bed/1 bath | 1BR,1BA | $1.60 |
Peaks at Los Ranchos | Desert Breeze Renovated | 1BR,1BA | $1.59 |
Peaks at Sandia View | 1x1R-640 | 1BR,1BA | $1.64 |
Tesota Morningside | A1AR | 1BR,1BA | $1.71 |
Sunchase | Jr One Bedroom One Bath | 1BR,1BA | $1.84 |
Cedars - Free Cable & Internet* | Juniper | 1BR,1BA | $1.79 |
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.
Pet Friendly LifestyleCervantes, Albuquerque, NM
Ranked #155
Among neighborhoods in Albuquerque, NM for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Cervantes, Albuquerque, NM
School data provided by Great Schools
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!
Getting Around the Cervantes Neighborhood in Albuquerque, NM
Walk Score®
34 / 100
Car-Dependent
Most errands require a car
Bike Score®
59 / 100
Bikeable
Some bike infrastructure
Transit Score®
13 / 100
Minimal Transit
It may be possible to get on a bus
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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 $1,000.
What is the price of a cheap apartment in Cervantes?
The cheapest apartment in Cervantes is Cedars - Free Cable & Internet* which is listed at $850, while the average apartment in Cervantes costs $1,628.
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 19 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 $863 which is $765 cheaper than the average rent for all rentals in Cervantes.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.