Cheap Homes for Rent in Cherry Hills Neighborhood of Albuquerque, NM from $1,300 (6 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

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.

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

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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 Lincoln Place priced from $897. Canyon Crest has the second lowest priced unit, which is a Studio apartment currently listed from $960. Here are the most affordable Cherry Hills apartments for rent in Albuquerque, NM:

Apartment ListingModel NameBed/BathPriced From
Lincoln PlaceCozy 1 Bed 1 Bath1BR,1BA$897
Canyon Crest0 Bedroom 1 BathroomStudio,1BA$960
Montecito1BD, 1BTH A1BR,1BA$969

Best Value Apartments for Rent in Cherry Hills, NM

As of July 29, 2025 the best value apartment in the Cherry Hills area is the $1.41 price per square foot Newcastle Renovated Model at Quincy in the in the Northeast Quadrant neighborhood starting from $1,840. The second greatest value Cherry Hills apartment is the Three Bedroom Model at Sierra Meadows starting at $1,700 with a $1.58 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.
QuincyNewcastle Renovated2BR,2.5BA$1.41
Sierra MeadowsThree Bedroom3BR,2BA$1.58
Casa TierraB22BR,2BA$1.41
Tesoro on SpainC42BR,2BA$1.41
Canoan VillageC12BR,2BA$1.45
Calero2X2 Reno2BR,2BA$1.52
MiloMadrid Platinum1BR,1BA$1.59
Sunset PointeSM1X11BR,1BA$1.42
North Park ApartmentsBirch1BR,1BA$1.54
Lincoln PlaceCozy 1 Bed 1 Bath1BR,1BA$1.60

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.

decorative image of people with a giant lease agreement

Frequently Asked Questions about Cherry Hills

What type of rentals are currently available in Cherry Hills?

There are currently 57 Apartments for Rent in Cherry Hills, NM with pricing that ranges from $855 to $14,990. There are also 22 Single Family Homes for rent, Condos, and Townhome rentals currently available in Cherry Hills ranging from $1,300 to $10,000.

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 $1,300 to $10,000 with an average monthly rent of $2,858.

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 $1,400 to $7,011, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,695 to $2,799. Four Bedroom Single-Family rentals are also available starting from $2,300 and Four Bedroom Apartments start at $3,000.

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.

decorative image for Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

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.

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

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.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

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.