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$725 - $2,435
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$725 - $2,435
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Desert Creek Apartments
4300 Pan American Fwy NEAlbuquerque, NM 87107
Cheap Apartments for Rent in the Del Rey Neighborhood of Albuquerque, NM from $700 (37 Rentals)
Search the lowest-cost Apartments available for rent right now in the Del Rey area of Albuquerque.
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$748 - $1,731Studio to 3 Bedroom Apartments Available Now
Mont 44 Apartments
4401 Montgomery Blvd NEAlbuquerque, NM 87109
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$823 - $1,599Studio to 3 Bedroom Apartments Available Now
Canyon Crest
7303 Montgomery Blvd NEAlbuquerque, NM 87109
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$850 - $1,600Studio to 3 Bedroom Apartments Available Now
Via Apartments
4321 Montgomery Blvd NEAlbuquerque, NM 87109
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$850 - $1,0251 to 2 Bedroom Apartments Available Now
Casa Del Arroyo Apartments
4900 Wyoming Blvd NEAlbuquerque, NM 87111
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$855 - $1,625Studio to 3 Bedroom Apartments Available Aug 1
San Pedro Village
4209 San Pedro Dr NEAlbuquerque, NM 87109
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$905 - $1,3051 to 2 Bedroom Apartments Available Now
Sunchase Apartments
3901 Montgomery Blvd NEAlbuquerque, NM 87109
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$918 - $1,300Studio to 2 Bedroom Apartments Available Now
Montecito
5800 Harper Dr NEAlbuquerque, NM 87109
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$940 - $2,6051 to 2 Bedroom Apartments Available Now
Acacia Gardens
8401 Spain Rd NEAlbuquerque, NM 87111
Your Guide to the Best Neighborhoods to Rent Near Albuquerque’s Top Employers
Moving to Albuquerque? Find the best neighborhoods near Sandia Labs, Presbyterian Healthcare Services, and UNM. Cut your commute, boost your quality of life, and find your perfect apartment or rental home.
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$944 - $5,200
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$944 - $5,200
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AYA ABQ
5324 San Mateo Blvd NEAlbuquerque, NM 87109
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$972 - $1,385
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1 to 2 Bedroom Apartments Available Jul 31Total Monthly Price
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$972 - $1,385
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Tesota Morningside
3958 Montgomery Blvd NEAlbuquerque, NM 87109
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$985 - $1,6251 to 3 Bedroom Apartments Available Now
North Park Apartments
5327 Montgomery Blvd NEAlbuquerque, NM 87109
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$985 - $2,0401 to 3 Bedroom Apartments Available Now
Silverado
5741 Osuna Rd NEAlbuquerque, NM 87109
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$985 - $1,2991 to 2 Bedroom Apartments Available Now
Candlelight Square
7501 Montgomery Blvd NEAlbuquerque, NM 87109
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$988 - $2,580
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1 to 3 Bedroom Apartments Available NowTotal Monthly Price
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$988 - $2,580
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Sun Plaza
4400 Montgomery Blvd NEAlbuquerque, NM 87109
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$999 - $1,325Studio to 3 Bedroom Apartments Available Now
Villas de la Terraza
6401 Academy Rd NEAlbuquerque, NM 87109
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$999 - $1,4251 to 2 Bedroom Apartments Available Now
Wyoming Place Apartments
5222 Wyoming Blvd NEAlbuquerque, NM 87112
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$1,000 - $1,2401 to 2 Bedroom Apartments Available Now
Woodberry Heights
6300 Montgomery Blvd NEAlbuquerque, NM 87109
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
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$1,045 - $1,2201 to 2 Bedroom Apartments Available Now
Sunset Pointe
6500 Montgomery Blvd NEAlbuquerque, NM 87109
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$1,061 - $1,2701 to 2 Bedroom Apartments Available Now
Desert Willow
8901 Jefferson St NEAlbuquerque, NM 87113
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$1,069 - $1,4741 to 3 Bedroom Apartments Available Now
Arroyo Vista
4201 Bryn Mawr Dr NEAlbuquerque, NM 87107
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$1,099 - $1,6891 to 2 Bedroom Apartments Available Now
Telegraph Hill
7000 Louisiana Blvd NEAlbuquerque, NM 87109
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$1,106 - $2,051
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1 to 3 Bedroom Apartments Available NowTotal Monthly Price
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$1,106 - $2,051
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Calero
8000 Montgomery Blvd NEAlbuquerque, NM 87109
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$1,1091 to 2 Bedroom Apartments Available Now
Academy Heights Apartments
5555 Wyoming Blvd NEAlbuquerque, NM 87109
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$1,124 - $1,468
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1 to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,124 - $1,468
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Milo
4217 Louisiana Blvd NEAlbuquerque, NM 87109
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$1,140 - $2,0851 to 2 Bedroom Apartments Available Now
Tesoro on Spain
9900 Spain Rd NEAlbuquerque, NM 87111
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$1,164 - $1,747
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Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,164 - $1,747
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Canoan Village
5300 Eubank Blvd NEAlbuquerque, NM 87111
Albuquerque Uncovered: Your Local Expert's Guide to the High Desert City
Find your perfect spot in ABQ. Get a local's breakdown of Albuquerque neighborhoods like Nob Hill and Downtown, plus tips on navigating the city’s unique charm and high-desert lifestyle.
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$1,165 - $1,3801 to 2 Bedroom Apartments Available Now
The Lakes
4800 San Mateo Ln NEAlbuquerque, NM 87109
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$1,173 - $5,004
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$1,173 - $5,004
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Casa Tierra
4949 San Pedro Dr NEAlbuquerque, NM 87109
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$1,195 - $3,1131 to 3 Bedroom Apartments Available Now
Indigo Park
7600 Montgomery Blvd NEAlbuquerque, NM 87109
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$1,199 - $1,5181 to 2 Bedroom Apartments Available Now
Oak Tree Park
5800 Osuna Rd NEAlbuquerque, NM 87109
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Studio Apartments
San Mateo Suites
5001 San Mateo Ln NEAlbuquerque, NM 87109
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Studio to 2 Bedroom Apartments
Lincoln Place
4401 San Pedro Dr NEAlbuquerque, NM 87109
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Studio to 2 Bedroom Apartments
Treehouse
4610 Eubank Blvd NEAlbuquerque, NM 87111
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Studio to 3 Bedroom Apartments
Chelsea Village Apartments
7100 Natalie Ave NEAlbuquerque, NM 87110
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1 to 3 Bedroom Apartments
Norte Villas Apartments
6001 Topke Pl NEAlbuquerque, NM 87109
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.
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2 to 3 Bedroom Apartments
Sun Pointe Park Apartments
4057 Montgomery Blvd NEAlbuquerque, NM 87109
Showing Results 1-37, Page 1 of 1
Del Rey, Albuquerque, NM Local Guide
Copyright CoStar Group, Inc
How much does it cost to rent an apartment in Del Rey?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Del Rey Studio Apartments | $1,270 | $725 | $2,157 |
| Del Rey 1 Bedroom Apartments | $1,346 | $748 | $2,342 |
| Del Rey 2 Bedroom Apartments | $1,601 | $933 | $2,849 |
| Del Rey 3 Bedroom Apartments | $1,773 | $915 | $2,950 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Apartments in this Neighborhood
There are currently 37 rentals with your search options within a 2 mile radius of the Del Rey Neighborhood of Albuquerque, NM.
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Cheapest Available Del Rey Apartments for Rent
The cheapest available apartment rental in the Del Rey area of Albuquerque, NM is a Studio unit found at Desert Creek Apartments priced from $725. Mont 44 Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $748. 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 | $725 |
| Mont 44 Apartments | 1 Bedroom, 1 Bathroom TC | 1BR,1BA | $748 |
| Canyon Crest | 1 Bedroom 1 Bathroom | 1BR,1BA | $823 |
| Casa Del Arroyo Apartments | 1bd/1ba | 1BR,1BA | $850 |
| Via Apartments | 1 bedroom 1 bathroom MKT | 1BR,1BA | $850 |
| Sunchase Apartments | Jr 1x1 | 1BR,1BA | $905 |
| Montecito | 0BD, 1BTH | Studio,1BA | $920 |
| Treehouse | Willow | Studio,1BA | $934 |
| Silverado | A1 | 1BR,1BA | $985 |
| Candlelight Square | Desert Willow | 1BR,1BA | $985 |
Best Value Apartments for Rent in Del Rey, NM
As of July 22, 2026 the best value apartment in the Del Rey area is the $1.44 price per square foot 3BR/2.5BA Model at Horizon Village in the in the Baloon Fiesta Park neighborhood starting from $2,950. The second greatest value Del Rey apartment is the 2X2-1135 Model at Broadstone Heights starting at $1,655 with a $1.46 price per square foot in the Academy Hills 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. |
|---|---|---|---|
| Horizon Village | 3BR/2.5BA | 3BR,2.5BA | $1.44 |
| Broadstone Heights | 2X2-1135 | 2BR,2BA | $1.46 |
| Casa Tierra | B1 | 2BR,1BA | $1.45 |
| Sierra Meadows | Two Bedroom B | 2BR,1.5BA | $1.47 |
| Indigo Park | B1: 2 Bed 1 Bath | 2BR,1BA | $1.49 |
| Chelsea Village Apartments | KaloDuo-Premium | 2BR,1BA | $1.42 |
| Wyoming Place Apartments | 1 Bed B | 1BR,1BA | $1.43 |
| Milo | Madrid Platinum | 1BR,1BA | $1.50 |
| Sunset Pointe | SM1X1 | 1BR,1BA | $1.45 |
| Casa Del Arroyo Apartments | 1bd/1ba | 1BR,1BA | $1.36 |
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 $985.
What is the price of a cheap apartment in Del Rey?
The cheapest apartment in Del Rey is Mont 44 Apartments which is listed at $748, while the average apartment in Del Rey costs $1,605.
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 80 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 $334 which is $1,271 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.
Helpful Local Expert Guides
Your Guide to the Best Neighborhoods to Rent Near Albuquerques Top Employers
Written by: Esther Lombardi
I still recollect my first morning commute in Albuquerque.
Albuquerque Uncovered: Your Local Expert's Guide to the High Desert City
Written by: Esther Lombardi
Hello from Albuquerque, New Mexico! I’m Esther, your ApartmentHomeLiving.com Local Expert for Albuquerque, and I’m here to give you the inside scoop on this unique city.
The Students Guide to Albuquerque: Top Neighborhoods That Put CNM and UNM Life Within Reach
Written by: Esther Lombardi
There’s more to Albuquerque than just the breathtaking landscapes and tasty green chilies. As both a student and a parent, I see Albuquerque as a learning hub that nurtures curiosity and encourages growth and enrichment.
A Local Expert's 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.
Articles, How-To's, and Tips
Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.
Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.