
Cheap Homes for Rent in Cervantes Neighborhood of Albuquerque, NM from $700 (5 Rentals)
Search the lowest-cost Homes available for rent right now in the Cervantes area of Albuquerque.


1508 Edith Blvd NE
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.

522 14th St NW

810 13th St NW
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.

505 Los Arboles Ave NW
Cervantes, Albuquerque, NM Local Guide

How much does it cost to rent a home in Cervantes?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cervantes 2 Bedroom Homes for Rent | $1,688 | $750 | $3,500 |
| Cervantes 3 Bedroom Homes for Rent | $2,395 | $1,600 | $4,400 |
Browse Homes for Rent in this Neighborhood
There are currently 5 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 Comanche Wells priced from $782. Rock Creek has the second lowest priced unit, which is a Studio apartment currently listed from $799. Here are the most affordable Cervantes apartments for rent in Albuquerque, NM:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Comanche Wells | S1 | Studio,1BA | $782 |
| Rock Creek | Studio | Studio,1BA | $799 |
| Union 505 | Studio | Studio,1BA | $817 |
Best Value Apartments for Rent in Cervantes, NM
As of April 24, 2026 the best value apartment in the Cervantes area is the $1.67 price per square foot 817 Slate Ave NW Model at 817 Slate Ave NW, Unit 817 in the in the Hunning Highland neighborhood starting from $2,000. The second greatest value Cervantes apartment is the KaloDuo Model at Theta Apartments starting at $1,075 with a $1.20 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. |
|---|---|---|---|
| 817 Slate Ave NW, Unit 817 | 817 Slate Ave NW | 2BR,1BA | $1.67 |
| Theta Apartments | KaloDuo | 2BR,2BA | $1.20 |
| Villa Esperanza | Two Bedroom One and a Half Bath | 2BR,1BA | $1.54 |
| Arroyo Vista | Two Bedroom | 2BR,1BA | $1.48 |
| Poblana Place | D 1/1 | 1BR,1BA | $1.80 |
| Glo Apartments | Renovated 1-Bedroom | 1BR,1BA | $1.91 |
| Peaks at Sandia View | 1x1R-638 | 1BR,1BA | $1.68 |
| Lifestyles at Renaissance | 1 Bed, 1 Bath | 1BR,1BA | $1.80 |
| Sunchase Apartments | Jr 1x1 | 1BR,1BA | $1.66 |
| Comanche Wells | S1 | Studio ,1BA | $1.86 |
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 #143
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 Cervantes
What type of rentals are currently available in Cervantes?
There are currently 143 Apartments for Rent in Cervantes, NM with pricing that ranges from $794 to $2,465. There are also 33 Single Family Homes for rent, Condos, and Townhome rentals currently available in Cervantes ranging from $750 to $4,400.
What is the current price range for Rental Homes in Cervantes?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Cervantes ranges from $750 to $4,400 with an average monthly rent of $1,632.
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.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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.