
Cheap Apartments for Rent in the Cherry Hills Neighborhood of Albuquerque, NM from $700 (51 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

Montecito

Total Monthly Price
Eagle Point Apartments

Silverado

Candlelight Square

North Park Apartments

Acacia Gardens

Villas de la Terraza
Your Guide to the Best Neighborhoods to Rent Near Albuquerque’s Top Employers
Moving to Albuquerque? Find the best neighborhoods near Sandia Labs, Presbyterian Healthcare Services, and UNM. Cut your commute, boost your quality of life, and find your perfect apartment or rental home.

Wyoming Place Apartments

Woodberry Heights

Total Monthly Price
Calero

Sunset Pointe

Total Monthly Price
Milo

Academy Heights Apartments

Total Monthly Price
AYA ABQ

Overlook

Total Monthly Price
Canoan Village

The Lakes
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Indigo Park

Tesoro on Spain

Telegraph Hill

Total Monthly Price
Casa Tierra

Oak Tree Park

Total Monthly Price
Sierra Meadows

Vista Del Sol Apartments

Total Monthly Price
Spring Park

La Mirage Apartment Homes

Total Monthly Price
Quincy
Albuquerque Uncovered: Your Local Expert's Guide to the High Desert City
Find your perfect spot in ABQ. Get a local's breakdown of Albuquerque neighborhoods like Nob Hill and Downtown, plus tips on navigating the city’s unique charm and high-desert lifestyle.

Arterra

Enclave

Total Monthly Price
Ottavo

Broadstone Heights

8801 Natalie Ave NE

Total Monthly Price
Allaso Vineyards

San Mateo Suites

Lincoln Place

Treehouse

Chelsea Village Apartments
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.

Norte Villas Apartments

Montgomery Manor

Rancho Verde

8444 Spain Rd NE

Mountain Run Apartments

3908 Ortiz Ct NE

Spain Townhomes

Meadowbrook Home Rentals

8445 Chambers Ct NE

8413 Gutierrez Rd NE
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
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 | $1,006 | $855 | $1,242 |
| Cherry Hills 1 Bedroom Apartments | $1,326 | $838 | $2,435 |
| Cherry Hills 2 Bedroom Apartments | $1,599 | $945 | $2,986 |
| Cherry Hills 3 Bedroom Apartments | $1,895 | $1,426 | $2,215 |
| Cherry Hills 4 Bedroom Apartments | $3,000 | $3,000 | $3,000 |
Browse Apartments in this Neighborhood
There are currently 51 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
- Nearby Albuquerque neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
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 Canyon Crest priced from $823. Casa Del Arroyo Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $850. Here are the most affordable Cherry Hills apartments for rent in Albuquerque, NM:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Canyon Crest | 1 Bedroom 1 Bathroom | 1BR,1BA | $823 |
| Casa Del Arroyo Apartments | 1bd/1ba | 1BR,1BA | $850 |
| Montecito | 0BD, 1BTH | Studio,1BA | $909 |
| Treehouse | Willow | Studio,1BA | $944 |
| Eagle Point Apartments | Piquin | Studio,1BA | $947 |
| Silverado | A1 | 1BR,1BA | $970 |
| Candlelight Square | Desert Willow | 1BR,1BA | $985 |
| Acacia Gardens | Taos Classic | 1BR,1BA | $985 |
| Villas de la Terraza | Studio | Studio,1BA | $999 |
| Wyoming Place Apartments | 1 Bed A | 1BR,1BA | $999 |
Best Value Apartments for Rent in Cherry Hills, NM
As of July 28, 2026 the best value apartment in the Cherry Hills area is the $1.48 price per square foot B1 Model at Casa Tierra in the in the Baloon Fiesta Park neighborhood starting from $1,403. The second greatest value Cherry Hills apartment is the Vadara Model at Arterra starting at $1,425 with a $1.62 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. |
|---|---|---|---|
| Casa Tierra | B1 | 2BR,1BA | $1.48 |
| Arterra | Vadara | 1BR,1BA | $1.62 |
| Chelsea Village Apartments | KaloDuo-Premium | 2BR,1BA | $1.42 |
| Wyoming Place Apartments | 1 Bed B | 1BR,1BA | $1.43 |
| Tesoro on Spain | A1 | 1BR,1BA | $1.62 |
| Milo | Madrid Platinum | 1BR,1BA | $1.46 |
| Sunset Pointe | SM1X1 | 1BR,1BA | $1.45 |
| Academy Heights Apartments | 1 Bedr / 1 Bath | 1BR,1BA | $1.57 |
| North Park Apartments | Aspen | 1BR,1BA | $1.47 |
| Casa Del Arroyo Apartments | 1bd/1ba | 1BR,1BA | $1.36 |
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 #46
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 Canyon Crest which is listed at $823, 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 32 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 $258 which is $2,742 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

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.

Albuquerque Uncovered: Your Local Expert's 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.

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.

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.
Articles, How-To's, and Tips

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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.