Cheap Apartments for Rent in the Cherry Hills Neighborhood of Albuquerque, NM from $700 (34 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Cherry Hills area of Albuquerque.

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.

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Milo
Rent Specials
$1,011 - $1,3751 to 2 Bedroom Apartments Available Now

Milo

4217 Louisiana Blvd NEAlbuquerque, NM 87109
Pet Friendly
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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.

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.

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San Mateo Suites
Studio Apartments

San Mateo Suites

5001 San Mateo Ln NEAlbuquerque, NM 87109
  • Utilities Included
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Montgomery Manor
2 to 4 Bedroom Apartments

Montgomery Manor

4301 Morris St NEAlbuquerque, NM 87111
  • Utilities Included

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.

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Indigo Park
1 to 3 Bedroom Apartments

Indigo Park

7600 Montgomery Blvd NEAlbuquerque, NM 87109
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Mountain Run
1 to 2 Bedroom Apartments

Mountain Run

5800 Eubank Blvd NEAlbuquerque, NM 87111
Corporate Housing

Cherry Hills, Albuquerque, NM Local Guide

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 Candlelight Square priced from $899. Canyon Crest has the second lowest priced unit, which is a 1 Bed apartment currently listed from $899. Here are the most affordable Cherry Hills apartments for rent in Albuquerque, NM:

Apartment ListingModel NameBed/BathPriced From
Candlelight SquareSilver Sage1BR,1BA$899
Canyon Crest1 Bedroom 1 Bathroom1BR,1BA$899
Villas de la TerrazaStudioStudio,1BA$950
Acacia GardensTaos Classic1BR,1BA$955
Treehouse ApartmentsWillowStudio,1BA$969
North Park ApartmentsBirch1BR,1BA$985
Eagle Point ApartmentsPiquin - RenovatedStudio,1BA$995
Montecito1BD, 1BTH A1BR,1BA$999
MiloMadrid Platinum1BR,1BA$1,006
Canoan VillageA1Studio,1BA$1,015

Best Value Apartments for Rent in Cherry Hills, NM

As of November 13, 2025 the best value apartment in the Cherry Hills area is the $1.42 price per square foot 2 Bedroom 2 Bath Model at Enclave in the in the Northeast Quadrant neighborhood starting from $1,599. The second greatest value Cherry Hills apartment is the KaloDuo-Premium Model at Chelsea Village Apartments starting at $1,357 with a $1.57 price per square foot in the Northeast Quadrant neighborhood. Here is today’s list of the best values for Cherry Hills apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Enclave2 Bedroom 2 Bath2BR,2BA$1.42
Chelsea Village ApartmentsKaloDuo-Premium2BR,1BA$1.57
Wyoming Place Apartments1 Bed B1BR,1BA$1.41
Canyon Crest1 Bedroom 1 Bathroom1BR,1BA$1.18
MiloMadrid Platinum1BR,1BA$1.34
Casa TierraA11BR,1BA$1.56
Sunset PointeSM1X11BR,1BA$1.45
Woodberry Heights1x1B1BR,1BA$1.47
Academy Heights Apartments1 Bedr / 1 Bath1BR,1BA$1.57
North Park ApartmentsBirch1BR,1BA$1.54

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.

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Apartment Common Area Rules: What Renters Need to Know

From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

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Don'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.

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The 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.

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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.

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Pet Friendly Lifestyle
Cherry Hills, Albuquerque, NM

Ranked #37

Among cities in New Mexico for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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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!

Getting Around the Cherry Hills Neighborhood in Albuquerque, NM

Walk Score®

63 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

74 / 100

Very Bikeable

Biking is convenient for most trips

Transit Score®

22 / 100

Minimal Transit

It may be possible to get on a bus

Frequently Asked Questions about Cheap Cherry Hills Apartments

What is the Cheapest Studio apartment in Cherry Hills?

Currently the most affordable Cheap Studio Apartment in Cherry Hills is at Villas de la Terraza listed at $950.

How much is rent for a Cheap One Bedroom Cherry Hills Apartment?

The lowest price for a Cheap One Bedroom Cherry Hills Apartment is $899 at Candlelight Square.

What is the lowest price for a Cheap Two Bedroom Cherry Hills Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Cherry Hills is starting from $1,193 at Chelsea Village Apartments.

What is the most affordable Cherry Hills Three Bedroom Apartment?

The best deal on a cheap Cherry Hills Three Bedroom Apartment rental is at Norte Villas Apartments and starts from $1,575.

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.

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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.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.