
Cheap Homes for Rent in Cherry Hills Neighborhood of Albuquerque, NM from $1,500 (8 Rentals)
Search the lowest-cost Homes available for rent right now in the Cherry Hills area of Albuquerque.


7450 Prairie Rd NE

8801 Natalie Ave NE

8420 Chambers Ct NE
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.

4701 Morris St NE

4929 Osuna Pl NE

7801 Calle de Cobre NE

8445 Chambers Ct NE
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.
Cherry Hills, Albuquerque, NM Local Guide

How much does it cost to rent a home in Cherry Hills?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cherry Hills 2 Bedroom Homes for Rent | $1,935 | $1,500 | $2,350 |
| Cherry Hills 3 Bedroom Homes for Rent | $2,505 | $1,795 | $3,000 |
| Cherry Hills 4 Bedroom Homes for Rent | $4,500 | $4,500 | $4,500 |
Browse Homes for Rent in this Neighborhood
There are currently 8 rentals with your search options within a 2 mile radius of the Cherry Hills Neighborhood of Albuquerque, NM.
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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 Studio unit found at Montecito priced from $876. Casa Del Arroyo Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $895. Here are the most affordable Cherry Hills apartments for rent in Albuquerque, NM:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Montecito | 0BD, 1BTH | Studio,1BA | $876 |
| Casa Del Arroyo Apartments | 1bd/1ba | 1BR,1BA | $895 |
| Treehouse Apartments | Willow | Studio,1BA | $959 |
Best Value Apartments for Rent in Cherry Hills, NM
As of April 24, 2026 the best value apartment in the Cherry Hills area is the $1.56 price per square foot 3X2-1314 Model at Broadstone Heights in the in the Academy Hills neighborhood starting from $2,055. The second greatest value Cherry Hills apartment is the 2 Bed 1 Bath Model at Vista Del Sol Apartments starting at $1,490 with a $1.66 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. |
|---|---|---|---|
| Broadstone Heights | 3X2-1314 | 3BR,2BA | $1.56 |
| Vista Del Sol Apartments | 2 Bed 1 Bath | 2BR,1BA | $1.66 |
| Arterra | Vadara | 1BR,1BA | $1.66 |
| Tesoro on Spain | A2 | 1BR,1BA | $1.56 |
| Milo | Madrid Platinum | 1BR,1BA | $1.59 |
| Sunset Pointe | SM1X1 | 1BR,1BA | $1.45 |
| Woodberry Heights | 1x1C | 1BR,1BA | $1.45 |
| Academy Heights Apartments | 1 Bedr / 1 Bath | 1BR,1BA | $1.52 |
| North Park Apartments | Birch | 1BR,1BA | $1.54 |
| Casa Del Arroyo Apartments | 1bd/1ba | 1BR,1BA | $1.43 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleThe 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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
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Read ArticleCash 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.
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 #42
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
Frequently Asked Questions about Cherry Hills
What type of rentals are currently available in Cherry Hills?
There are currently 60 Apartments for Rent in Cherry Hills, NM with pricing that ranges from $838 to $3,281. There are also 24 Single Family Homes for rent, Condos, and Townhome rentals currently available in Cherry Hills ranging from $1,500 to $4,500.
What is the current price range for Rental Homes in Cherry Hills?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Cherry Hills ranges from $1,500 to $4,500 with an average monthly rent of $2,980.
How much are larger Three and Four Bedroom Rentals in Cherry Hills?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Cherry Hills range from $1,426 to $2,352, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,795 to $3,000. Four Bedroom Single-Family rentals are also available starting from $4,500 and Four Bedroom Apartments start at $3,000.
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.
Articles, How-To's, and Tips

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.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.