Search the lowest-cost Apartments available for rent right now in the Del Rey area of Albuquerque.
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Learn about Albuquerque and the best places to live with original content written by our Local Expert Esther Lombardi
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Del Rey Studio Apartments | $1,378 | $782 | $1,943 |
| Del Rey 1 Bedroom Apartments | $1,407 | $823 | $2,506 |
| Del Rey 2 Bedroom Apartments | $1,631 | $950 | $2,936 |
| Del Rey 3 Bedroom Apartments | $1,838 | $1,331 | $3,481 |
There are currently 41 rentals with your search options within a 2 mile radius of the Del Rey Neighborhood of Albuquerque, NM.
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Write a ReviewThe cheapest available apartment rental in the Del Rey area of Albuquerque, NM is a Studio unit found at Desert Creek Apartments priced from $782. Acacia Gardens has the second lowest priced unit, which is a 1 Bed apartment currently listed from $875. Here are the most affordable Del Rey apartments for rent in Albuquerque, NM:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Desert Creek Apartments | SRO-Sleeping room only | Studio,1BA | $782 |
| Acacia Gardens | Taos Classic | 1BR,1BA | $875 |
| Sunchase Apartments | Jr 1x1 | 1BR,1BA | $905 |
| Mont 44 Apartments | 1 Bedroom, 1 Bathroom TC | 1BR,1BA | $914 |
| Via Apartments | StudioMKT | Studio,1BA | $920 |
| Casa Del Arroyo Apartments | 1bd/1ba | 1BR,1BA | $925 |
| Montecito | 0BD, 1BTH | Studio,1BA | $949 |
| Villas de la Terraza | Studio | Studio,1BA | $950 |
| Canyon Crest | 0 Bedroom 1 Bathroom | Studio,1BA | $960 |
| Desert Willow | Madera | 1BR,1BA | $964 |
As of March 07, 2026 the best value apartment in the Del Rey area is the $1.47 price per square foot Palazzo Model at Arterra in the in the Academy Hills neighborhood starting from $1,920. The second greatest value Del Rey apartment is the Pecos Platinum Model at Milo starting at $1,462 with a $1.39 price per square foot in the Northeast Quadrant neighborhood. Here is today’s list of the best values for Del Rey apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Arterra | Palazzo | 3BR,2BA | $1.47 |
| Milo | Pecos Platinum | 2BR,1BA | $1.39 |
| 1/2 OFF FIRST MONTHS RENT | 1BR/1.0BA | 1BR,1BA | $1.34 |
| Casa Tierra | A1 | 1BR,1BA | $1.53 |
| Arroyo Vista | One Bedroom | 1BR,1BA | $1.34 |
| Sunset Pointe | SM1X1 | 1BR,1BA | $1.38 |
| Wyoming Place Apartments | 1 Bed A | 1BR,1BA | $1.40 |
| Mont 44 Apartments | 1 bedroom, 1 bathroom Market | 1BR,1BA | $1.41 |
| Woodberry Heights | 1x1B | 1BR,1BA | $1.47 |
| Casa Del Arroyo Apartments | 1bd/1ba | 1BR,1BA | $1.48 |
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Del Rey is under $964.
The cheapest apartment in Del Rey is Acacia Gardens which is listed at $875, while the average apartment in Del Rey costs $1,828.
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 35 regular apartments in Del Rey that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
Cheap apartments in Del Rey have an average cost of $214 which is $1,614 cheaper than the average rent for all rentals in Del Rey.
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.
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