
Cheap Apartments for Rent in the Cherry Hills Neighborhood of Albuquerque, NM from $700 (53 Rentals)
Search the lowest-cost Apartments available for rent right now in the Cherry Hills area of Albuquerque.


Casa Del Arroyo Apartments

San Pedro Village

Candlelight Square

Montecito

Acacia Gardens

Total Monthly Price
Eagle Point Apartments

North Park Apartments

The Lakes

Wyoming Place Apartments
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.

Villas de la Terraza

Woodberry Heights

Sunset Pointe

Silverado

Total Monthly Price
Canoan Village

Total Monthly Price
AYA ABQ

Total Monthly Price
Milo

Academy Heights Apartments

Total Monthly Price
Calero

Overlook
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.

Telegraph Hill

Oak Tree Park

Tesoro on Spain

Total Monthly Price
Casa Tierra

Total Monthly Price
Spring Park

Total Monthly Price
Sierra Meadows

Vista Del Sol Apartments

Indigo Park

Total Monthly Price
Quincy

Enclave
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.

Arterra

La Mirage Apartment Homes

8801 Natalie Ave NE

Broadstone Heights

Total Monthly Price
Allaso Vineyards

Total Monthly Price
Ottavo

5020 San Pedro Ct NE

San Mateo Suites

Lincoln Place

Treehouse
Cash 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.

Chelsea Village Apartments

Norte Villas Apartments

Montgomery Manor

Mountain Run Apartments

Spain Townhomes

3908 Ortiz Ct NE

Meadowbrook Home Rentals

8432 Chambers Ct NE

8445 Chambers Ct NE

7495 Prairie Rd NE
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.
Cherry Hills, Albuquerque, NM Local Guide

How much does it cost to rent an apartment in Cherry Hills?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cherry Hills Studio Apartments | $995 | $855 | $1,242 |
| Cherry Hills 1 Bedroom Apartments | $1,346 | $838 | $2,439 |
| Cherry Hills 2 Bedroom Apartments | $1,587 | $945 | $3,061 |
| Cherry Hills 3 Bedroom Apartments | $1,893 | $1,426 | $2,259 |
| Cherry Hills 4 Bedroom Apartments | $3,000 | $3,000 | $3,000 |
Browse Apartments in this Neighborhood
There are currently 53 rentals with your search options within a 2 mile radius of the Cherry Hills Neighborhood of Albuquerque, NM.
See all Apartments in AlbuquerqueExplore Albuquerque
Cherry Hills, Albuquerque, NM Local Guide
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Cheapest Available Cherry Hills Apartments for Rent
 The cheapest available apartment rental in the Cherry Hills area of Albuquerque, NM is a 1 Bed unit found at Casa Del Arroyo Apartments priced from $850. San Pedro Village has the second lowest priced unit, which is a Studio apartment currently listed from $855. Here are the most affordable Cherry Hills apartments for rent in Albuquerque, NM:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Casa Del Arroyo Apartments | 1bd/1ba | 1BR,1BA | $850 |
| San Pedro Village | Acoma Studio | Studio,1BA | $855 |
| Candlelight Square | Silver Sage | 1BR,1BA | $899 |
| Treehouse | Willow | Studio,1BA | $949 |
| Acacia Gardens | Taos Deluxe 1 | 1BR,1BA | $955 |
| Canyon Crest | 0 Bedroom 1 Bathroom | Studio,1BA | $959 |
| Eagle Point Apartments | Piquin | Studio,1BA | $960 |
| North Park Apartments | Birch | 1BR,1BA | $985 |
| Wyoming Place Apartments | 1 Bed A | 1BR,1BA | $999 |
| Villas de la Terraza | Studio | Studio,1BA | $999 |
Best Value Apartments for Rent in Cherry Hills, NM
As of June 12, 2026 the best value apartment in the Cherry Hills area is the $1.35 price per square foot 2x1 Model at Woodberry Heights in the in the Baloon Fiesta Park neighborhood starting from $1,240. The second greatest value Cherry Hills apartment is the Vadara Model at Arterra starting at $1,410 with a $1.60 price per square foot in the Academy Hills neighborhood. Here is today’s list of the best values for Cherry Hills apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Woodberry Heights | 2x1 | 2BR,1BA | $1.35 |
| Arterra | Vadara | 1BR,1BA | $1.60 |
| Wyoming Place Apartments | 1 Bed B | 1BR,1BA | $1.43 |
| Tesoro on Spain | A1 | 1BR,1BA | $1.60 |
| Sunset Pointe | SM1X1 | 1BR,1BA | $1.45 |
| Academy Heights Apartments | 1 Bedr / 1 Bath | 1BR,1BA | $1.57 |
| The Lakes | One Bedroom Medium | 1BR,1BA | $1.52 |
| North Park Apartments | Birch | 1BR,1BA | $1.54 |
| Casa Del Arroyo Apartments | 1bd/1ba | 1BR,1BA | $1.36 |
| Chelsea Village Apartments | KaloSolo-Premium | 1BR,1BA | $1.61 |
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 LifestyleCherry Hills, Albuquerque, NM
Ranked #37
Among cities in New Mexico for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Cherry Hills, Albuquerque, NM
School data provided by Great Schools
Lifestyle Ratings
This website compiles millions of data points to bring you comprehensive Lifestyle Ratings of neighborhoods, areas, and rental properties across New Mexico and customized analysis for Northeastern Albuquerque. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including filtering automatically for convenient access to the outdoors, luxury housing options, pet-friendly features, family-friendly amenities, proximity to transit, and more. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!
Frequently Asked Questions about Cheap Cherry Hills Apartments
What is a cheap apartment in Cherry Hills?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Cherry Hills is under $999.
What is the price of a cheap apartment in Cherry Hills?
The cheapest apartment in Cherry Hills is Casa Del Arroyo Apartments which is listed at $850, while the average apartment in Cherry Hills costs $3,000.
What types of apartments are the cheapest in Cherry Hills?
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 16 regular apartments in Cherry Hills 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 Cherry Hills?
Cheap apartments in Cherry Hills have an average cost of $300 which is $2,700 cheaper than the average rent for all rentals in Cherry Hills.
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 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.

The Students Guide to Albuquerque: Top Neighborhoods That Put CNM and UNM Life Within Reach
Written by: Esther Lombardi
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.

Albuquerque Uncovered: Your Local Experts Guide to the High Desert City
Written by: Esther Lombardi
Hello from Albuquerque, New Mexico! I’m Esther, your ApartmentHomeLiving.com Local Expert for Albuquerque, and I’m here to give you the inside scoop on this unique city.

Your Guide to the Best Neighborhoods to Rent Near Albuquerques Top Employers
Written by: Esther Lombardi
I still recollect my first morning commute in Albuquerque.
Articles, How-To's, and Tips

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.