
Cheap 3 Bedroom Apartments for Rent in the Del Rey Neighborhood of Albuquerque, NM from $1,166 (1 Rental)

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.
Del Rey, Albuquerque, NM Local Guide

How much does it cost to rent an apartment in Del Rey?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Del Rey Studio Apartments | $1,336 | $814 | $1,890 |
| Del Rey 1 Bedroom Apartments | $1,374 | $838 | $2,443 |
| Del Rey 2 Bedroom Apartments | $1,580 | $979 | $3,256 |
Del Rey 3 Bedroom Apartments | $1,755 | $1,166 | $2,750 |
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Frequently Asked Questions about Cheap Del Rey Apartments
What is a cheap apartment in Del Rey?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Del Rey is under $964.
What is the price of a cheap apartment in Del Rey?
The cheapest apartment in Del Rey is Via Apartments which is listed at $1,331, while the average apartment in Del Rey costs $1,803.
What types of apartments are the cheapest in Del Rey?
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 44 regular apartments in Del Rey 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 Del Rey?
Cheap apartments in Del Rey have an average cost of $277 which is $1,526 cheaper than the average rent for all rentals in Del Rey.
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.

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.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.