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$814 - $1,580
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$814 - $1,580
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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 (40 Rentals)
Search the lowest-cost Apartments available for rent right now in the Del Rey area of Albuquerque.
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$823 - $1,564Studio to 3 Bedroom Apartments Available Now
Canyon Crest
7303 Montgomery Blvd NEAlbuquerque, NM 87109
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$864 - $1,600Studio to 3 Bedroom Apartments Available Now
Via Apartments
4321 Montgomery Blvd NEAlbuquerque, NM 87109
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$881 - $1,316Studio to 2 Bedroom Apartments Available Now
Montecito
5800 Harper Dr NEAlbuquerque, NM 87109
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$885 - $1,625Studio to 3 Bedroom Apartments Available Apr 30
San Pedro Village
4209 San Pedro Dr NEAlbuquerque, NM 87109
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$895 - $1,0251 to 2 Bedroom Apartments Available Now
Casa Del Arroyo Apartments
4900 Wyoming Blvd NEAlbuquerque, NM 87111
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$900 - $1,475Studio to 2 Bedroom Apartments Available Now
1/2 OFF FIRST MONTHS RENT
4300 Bryn Mawr Dr NEAlbuquerque, NM 87107
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$905 - $1,3051 to 2 Bedroom Apartments Available Now
Sunchase Apartments
3901 Montgomery Blvd NEAlbuquerque, NM 87109
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.
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$952 - $1,330
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1 to 2 Bedroom Apartments Available May 8Total Monthly Price
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$952 - $1,330
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Tesota Morningside
3958 Montgomery Blvd NEAlbuquerque, NM 87109
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$964 - $1,1531 to 2 Bedroom Apartments Available Now
Desert Willow
8901 Jefferson St NEAlbuquerque, NM 87113
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$964 - $1,738Studio to 3 Bedroom Apartments Available Now
Mont 44 Apartments
4401 Montgomery Blvd NEAlbuquerque, NM 87109
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$965 - $3,1601 to 2 Bedroom Apartments Available Now
Acacia Gardens
8401 Spain Rd NEAlbuquerque, NM 87111
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$971 - $1,1621 to 2 Bedroom Apartments Available Now
Arroyo Vista
4201 Bryn Mawr Dr NEAlbuquerque, NM 87107
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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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$995 - $1,3601 to 2 Bedroom Apartments Available Apr 28
The Lakes
4800 San Mateo Ln NEAlbuquerque, NM 87109
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$995 - $1,0451 to 2 Bedroom Apartments Available Now
Woodberry Heights
6300 Montgomery Blvd 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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$999 - $1,3551 to 2 Bedroom Apartments Available Now
Candlelight Square
7501 Montgomery Blvd NEAlbuquerque, NM 87109
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$1,001 - $4,004
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$1,001 - $4,004
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AYA ABQ
5324 San Mateo Blvd NEAlbuquerque, NM 87109
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$1,017 - $1,682
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$1,017 - $1,682
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Canoan Village
5300 Eubank Blvd NEAlbuquerque, NM 87111
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$1,0451 to 2 Bedroom Apartments Available Now
Sunset Pointe
6500 Montgomery Blvd NEAlbuquerque, NM 87109
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$1,063 - $1,6501 to 2 Bedroom Apartments Available Now
Academy Heights Apartments
5555 Wyoming Blvd NEAlbuquerque, NM 87109
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$1,065 - $1,882
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$1,065 - $1,882
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Sun Plaza
4400 Montgomery Blvd NEAlbuquerque, NM 87109
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$1,075 - $1,889Studio to 3 Bedroom Apartments Available Now
Villas de la Terraza
6401 Academy Rd NEAlbuquerque, NM 87109
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$1,099 - $1,7171 to 2 Bedroom Apartments Available Now
Telegraph Hill
7000 Louisiana Blvd NEAlbuquerque, NM 87109
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.
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$1,099 - $1,5551 to 2 Bedroom Apartments Available Now
Oak Tree Park
5800 Osuna Rd NEAlbuquerque, NM 87109
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$1,110 - $2,1651 to 3 Bedroom Apartments Available Now
Silverado
5741 Osuna Rd NEAlbuquerque, NM 87109
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$1,135 - $2,0981 to 2 Bedroom Apartments Available Now
Tesoro on Spain
9900 Spain Rd NEAlbuquerque, NM 87111
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$1,194 - $1,486
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$1,194 - $1,486
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Milo
4217 Louisiana Blvd NEAlbuquerque, NM 87109
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$1,196 - $5,555
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$1,196 - $5,555
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Casa Tierra
4949 San Pedro Dr NEAlbuquerque, NM 87109
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$1,211 - $2,6221 to 3 Bedroom Apartments Available Now
Indigo Park
7600 Montgomery Blvd NEAlbuquerque, NM 87109
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$1,215 - $2,136
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$1,215 - $2,136
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Sierra Meadows
4224-4246 Eubank BlvdAlbuquerque, NM 87111
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$1,224 - $1,784
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$1,224 - $1,784
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Spring Park
5801 Eubank Blvd NEAlbuquerque, NM 87111
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.
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$1,283 - $2,021
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$1,283 - $2,021
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Calero
8000 Montgomery Blvd 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 Apartments
4610 Eubank Blvd NEAlbuquerque, NM 87111
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1 to 2 Bedroom Apartments
Wyoming Place Apartments
5222 Wyoming Blvd NEAlbuquerque, NM 87112
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1 to 3 Bedroom Apartments
Norte Villas Apartments
6001 Topke Pl NEAlbuquerque, NM 87109
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2 to 3 Bedroom Apartments
Sun Pointe Park Apartments
4057 Montgomery Blvd NEAlbuquerque, NM 87109
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Studio to 3 Bedroom Apartments
Chelsea Village Apartments
7100 Natalie Ave NEAlbuquerque, NM 87110
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.
Showing Results 1-40, 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 | $1,336 | $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 |
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 40 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 1 Bed unit found at Via Apartments priced from $864. 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 Del Rey apartments for rent in Albuquerque, NM:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Via Apartments | 1 bedroom 1 bathroom TC | 1BR,1BA | $864 |
| Casa Del Arroyo Apartments | 1bd/1ba | 1BR,1BA | $895 |
| Montecito | 0BD, 1BTH | Studio,1BA | $896 |
| 1/2 OFF FIRST MONTHS RENT | 0BR/1.0BA | Studio,1BA | $900 |
| Sunchase Apartments | Jr 1x1 | 1BR,1BA | $905 |
| Desert Creek Apartments | The Sonoran | Studio,1BA | $914 |
| Treehouse Apartments | Willow | Studio,1BA | $959 |
| Canyon Crest | 0 Bedroom 1 Bathroom | Studio,1BA | $960 |
| Mont 44 Apartments | 1 Bedroom, 1 Bathroom TC | 1BR,1BA | $964 |
| Desert Willow | Madera | 1BR,1BA | $964 |
Best Value Apartments for Rent in Del Rey, NM
As of April 21, 2026 the best value apartment in the Del Rey area is the $1.59 price per square foot 3BR/2.5BA Model at Horizon Village in the in the Baloon Fiesta Park neighborhood starting from $2,750. The second greatest value Del Rey apartment is the Two Bedroom Model at Arroyo Vista starting at $1,162 with a $1.48 price per square foot in the Northwest 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. |
|---|---|---|---|
| Horizon Village | 3BR/2.5BA | 3BR,2.5BA | $1.59 |
| Arroyo Vista | Two Bedroom | 2BR,1BA | $1.48 |
| Tesoro on Spain | A2 | 1BR,1BA | $1.57 |
| Milo | Madrid Platinum | 1BR,1BA | $1.59 |
| Via Apartments | 1 bedroom 1 bathroom Renovated | 1BR,1BA | $1.53 |
| 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 |
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 $864, 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.