Cheap Apartments for Rent in the Cherry Hills Neighborhood of Albuquerque, NM from $700 (35 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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Check Out Albuquerque’s Best Affordable Neighborhoods

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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
Showing Results 1-35, Page 1 of 1

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 Studio unit found at Canyon Crest priced from $860. Milo has the second lowest priced unit, which is a 2 Beds apartment currently listed from $927. Here are the most affordable Cherry Hills apartments for rent in Albuquerque, NM:

Apartment ListingModel NameBed/BathPriced From
Canyon Crest0 Bedroom 1 BathroomStudio,1BA$860
MiloJemez2BR,1BA$927
Acacia GardensTaos Classic1BR,1BA$955
Montecito0BD, 1BTH Studio,1BA$959
North Park ApartmentsBirch1BR,1BA$985
Treehouse ApartmentsCedarStudio,1BA$1,009
Eagle Point ApartmentsPiquinStudio,1BA$1,015
Calero1X1 Reno1BR,1BA$1,019
Norte Villas ApartmentsOne Bedroom One Bath - 633 Sq Ft1BR,1BA$1,089
Oak Tree ParkPine Crest1BR,1BA$1,099

Best Value Apartments for Rent in Cherry Hills, NM

As of June 18, 2025 the best value apartment in the Cherry Hills area is the $1.54 price per square foot BEACON Model at Quincy in the in the Northeast Quadrant neighborhood starting from $2,312. The second greatest value Cherry Hills apartment is the C1 Renovated Model at Canoan Village starting at $1,600 with a $1.60 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.
QuincyBEACON3BR,2BA$1.54
Canoan VillageC1 Renovated2BR,2BA$1.60
Casa TierraB12BR,1BA$1.48
ArterraVadara1BR,1BA$1.61
Chelsea Village ApartmentsKaloDuo-Premium2BR,1BA$1.67
Tesoro on SpainA11BR,1BA$1.52
MiloMadrid Platinum1BR,1BA$1.51
Calero1X1 Reno1BR,1BA$1.69
North Park ApartmentsBirch1BR,1BA$1.54
Canyon Crest0 Bedroom 1 BathroomStudio ,1BA$1.53

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 #17

Among neighborhoods in Albuquerque, NM for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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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!

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

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

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 $1,099.

What is the price of a cheap apartment in Cherry Hills?

The cheapest apartment in Cherry Hills is North Park Apartments which is listed at $985, while the average apartment in Cherry Hills costs $4,200.

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 8 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 $339 which is $3,861 cheaper than the average rent for all rentals in Cherry Hills.

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.

decorative image for A Local Experts Guide To The Best Budget-Friendly Neighborhoods to Rent in Albuquerque article

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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.