
Cheap Apartments for Rent in the Cervantes Neighborhood of Albuquerque, NM from $400 (47 Rentals)
Search the lowest-cost Apartments available for rent right now in the Cervantes area of Albuquerque.


Total Monthly Price
Desert Creek Apartments

Total Monthly Price
Union 505

Citadel - Free Utilities

3204 Comanche Rd NE

513 Candelaria Rd NW

Total Monthly Price
Comanche Wells

Cedars - Free Cable & Internet*

Rock Creek
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Sunchase Apartments

Sandia Shadows

Lifestyles at Renaissance

Total Monthly Price
Tesota Morningside

3508 Lafayette Dr NE

Total Monthly Price
Valley Apartments

Peaks at Sandia View

Arroyo Vista

Peaks at Los Ranchos
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The Artisan @ Sawmill Village

Total Monthly Price
Glo Apartments

Calle Cuarta

1420 4th St NW

Candelaria Gardens

Sawmill Lofts

3617 Wellesley Dr SE

Aztec Manor

Villa Nueva Senior Apartments
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Downtown @ 700

4601 Carlisle Blvd NE

Los Arcos

Del Lago Apartments

Faraday

3509 Tulane Dr NE

426 Headingly Ave NW

The Franz

Villa Esperanza
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Fourth Street Flats

Theta Apartments

Sun Pointe Park Apartments

Aspen Plaza

114 Sandia Rd NW

917 Headingly Ave NW

Cresta North Valley

Anthea

1/2 OFF FIRST MONTHS RENT
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816 13th St NW

Salida Del Sol Apartments
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 | $924 | $700 | $1,661 |
| Cervantes 1 Bedroom Apartments | $1,111 | $800 | $2,856 |
| Cervantes 2 Bedroom Apartments | $1,456 | $975 | $2,479 |
| Cervantes 3 Bedroom Apartments | $1,567 | $1,398 | $1,800 |
Browse Apartments in this Neighborhood
There are currently 47 rentals with your search options within a 2 mile radius of the Cervantes Neighborhood of Albuquerque, NM.
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Cervantes, Albuquerque, NM Local Guide
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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 $725. Union 505 has the second lowest priced unit, which is a Studio apartment currently listed from $756. 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 | $725 |
| Union 505 | Studio | Studio,1BA | $756 |
| Rock Creek | Studio | Studio,1BA | $845 |
| Sunchase Apartments | Jr 1x1 | 1BR,1BA | $905 |
| Sandia Shadows | 2bd/1ba | 2BR,1BA | $935 |
| Comanche Wells | A1 | 1BR,1BA | $940 |
| Peaks at Sandia View | 1x1R-638 | 1BR,1BA | $999 |
| Arroyo Vista | One Bedroom | 1BR,1BA | $1,069 |
| Valley Apartments | Azure Platinum | 1BR,1BA | $1,096 |
| Theta Apartments | KaloDuo | 2BR,2BA | $1,105 |
Best Value Apartments for Rent in Cervantes, NM
As of July 09, 2026 the best value apartment in the Cervantes area is the $1.45 price per square foot Ele Model at Large Quiet Two Bedroom in the in the Netherwood Park neighborhood starting from $1,350. The second greatest value Cervantes apartment is the KaloDuo-Premium Model at Theta Apartments starting at $1,180 with a $1.32 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. |
|---|---|---|---|
| Large Quiet Two Bedroom | Ele | 2BR,2BA | $1.45 |
| Theta Apartments | KaloDuo-Premium | 2BR,2BA | $1.32 |
| Sandia Shadows | 2bd/2ba | 2BR,2BA | $1.26 |
| 1/2 OFF FIRST MONTHS RENT | 1BR/1.0BA | 1BR,1BA | $1.42 |
| Lifestyles at Renaissance | 2 Bed, 2 Bath | 2BR,2BA | $1.73 |
| Villa Esperanza | Two Bedroom One and a Half Bath | 2BR,1BA | $1.54 |
| Arroyo Vista | Two Bedroom | 2BR,1BA | $1.63 |
| Cresta North Valley | Renovated | 1BR,1BA | $1.75 |
| Peaks at Sandia View | 1x1-638 | 1BR,1BA | $1.57 |
| Sunchase Apartments | Jr 1x1 | 1BR,1BA | $1.66 |
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.
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 ArticleReal 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.
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 #142
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
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 $1,105.
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 $1,554.
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 9 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 $246 which is $1,308 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.
Helpful Local Expert Guides

A Local Expert's 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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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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Articles, How-To's, and Tips

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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.