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

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

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Eagle Point Apartments
Rent Specials
$947 - $1,675
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$947 - $1,675

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Studio to 2 Bedroom Apartments Available Now

Eagle Point Apartments

4401 Morris St NEAlbuquerque, NM 87111
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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.

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Calero
$1,009 - $2,051
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$1,009 - $2,051

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1 to 3 Bedroom Apartments Available Now

Calero

8000 Montgomery Blvd NEAlbuquerque, NM 87109
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Milo
Rent Specials
$1,096 - $1,543
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$1,096 - $1,543

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1 to 2 Bedroom Apartments Available Now

Milo

4217 Louisiana Blvd NEAlbuquerque, NM 87109
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AYA ABQ
Rent Specials
$1,153 - $5,075
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$1,153 - $5,075

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1 to 2 Bedroom Apartments Available Now

AYA ABQ

5324 San Mateo Blvd NEAlbuquerque, NM 87109
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Canoan Village
Rent Specials
$1,164 - $1,747
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$1,164 - $1,747

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Studio to 2 Bedroom Apartments Available Now

Canoan Village

5300 Eubank Blvd NEAlbuquerque, NM 87111
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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.

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Casa Tierra
Rent Specials
$1,200 - $5,100
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$1,200 - $5,100

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1 to 3 Bedroom Apartments Available Now

Casa Tierra

4949 San Pedro Dr NEAlbuquerque, NM 87109
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Sierra Meadows
Rent Specials
$1,271 - $1,987
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$1,271 - $1,987

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1 to 3 Bedroom Apartments Available Now

Sierra Meadows

4224-4246 Eubank BlvdAlbuquerque, NM 87111
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Spring Park
$1,311 - $1,820
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$1,311 - $1,820

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1 to 2 Bedroom Apartments Available Now

Spring Park

5801 Eubank Blvd NEAlbuquerque, NM 87111
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Quincy
Rent Specials
$1,416 - $1,849
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$1,416 - $1,849

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1 to 3 Bedroom Apartments Available Now

Quincy

5905 Tierra Antigua St NEAlbuquerque, NM 87111
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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.

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Ottavo
Rent Specials
$1,444 - $2,152
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$1,444 - $2,152

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1 to 3 Bedroom Apartments Available Now

Ottavo

6350 Eubank Blvd NEAlbuquerque, NM 87111
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Allaso Vineyards
Rent Specials
$1,660 - $2,315
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$1,660 - $2,315

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1 to 2 Bedroom Apartments Available Now

Allaso Vineyards

8901 Holly Ave NEAlbuquerque, NM 87122
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San Mateo Suites
Studio Apartments

San Mateo Suites

5001 San Mateo Ln NEAlbuquerque, NM 87109
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Lincoln Place
Studio to 2 Bedroom Apartments

Lincoln Place

4401 San Pedro Dr NEAlbuquerque, NM 87109
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Treehouse
Studio to 2 Bedroom Apartments

Treehouse

4610 Eubank Blvd NEAlbuquerque, NM 87111

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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Montgomery Manor
2 to 4 Bedroom Apartments

Montgomery Manor

4301 Morris St NEAlbuquerque, NM 87111
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Rancho Verde
1 to 2 Bedroom Apartments

Rancho Verde

5800 Truchas Dr NEAlbuquerque, NM 87109
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Mountain Run Apartments
1 to 2 Bedroom Apartments

Mountain Run Apartments

5800 Eubank Blvd NEAlbuquerque, NM 87111
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Spain Townhomes
2 Bedroom Apartments

Spain Townhomes

5009 El Corte Miramar NEAlbuquerque, NM 87111

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

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 ListingModel NameBed/BathPriced From
Canyon Crest1 Bedroom 1 Bathroom1BR,1BA$823
Casa Del Arroyo Apartments1bd/1ba1BR,1BA$850
Montecito0BD, 1BTH Studio,1BA$909
TreehouseWillowStudio,1BA$944
Eagle Point ApartmentsPiquinStudio,1BA$947
SilveradoA11BR,1BA$970
Candlelight SquareDesert Willow1BR,1BA$985
Acacia GardensTaos Classic1BR,1BA$985
Villas de la TerrazaStudioStudio,1BA$999
Wyoming Place Apartments1 Bed A1BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
Casa TierraB12BR,1BA$1.48
ArterraVadara1BR,1BA$1.62
Chelsea Village ApartmentsKaloDuo-Premium2BR,1BA$1.42
Wyoming Place Apartments1 Bed B1BR,1BA$1.43
Tesoro on SpainA11BR,1BA$1.62
MiloMadrid Platinum1BR,1BA$1.46
Sunset PointeSM1X11BR,1BA$1.45
Academy Heights Apartments1 Bedr / 1 Bath1BR,1BA$1.57
North Park ApartmentsAspen1BR,1BA$1.47
Casa Del Arroyo Apartments1bd/1ba1BR,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.

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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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Real 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.

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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 #46

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!

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

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Your Guide to the Best Neighborhoods to Rent Near Albuquerques Top Employers

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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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Rent According to Income: A Look at Income-Restricted Rentals

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

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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.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

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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.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

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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.