Cheap Apartments for Rent in the East Albuquerque Neighborhood of Albuquerque, NM from $400 (364 Rentals)

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Search the lowest-cost Apartments available for rent right now in the East Albuquerque area of Albuquerque.

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Desert Creek Apartments
Rent Specials
$726 - $2,505
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$726 - $2,505
Total Monthly Price
$726 - $2,505
Studio to 3 Bedroom Apartments Available Now

Desert Creek Apartments

4300 Pan American Fwy NEAlbuquerque, NM 87107
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Tesota Four Hills
Rent Specials
$737 - $2,777
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$737 - $2,777
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1 to 3 Bedroom Apartments Available Now

Tesota Four Hills

301 Western Skies Dr SEAlbuquerque, NM 87123
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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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Union 505
Rent Specials
$807 - $2,069
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Total Monthly Price

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$807 - $2,069
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Studio to 2 Bedroom Apartments Available Now

Union 505

801 Locust Pl NEAlbuquerque, NM 87102
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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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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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East Albuquerque, Albuquerque, NM Local Guide

Cheapest Available East Albuquerque Apartments for Rent

 

The cheapest available apartment rental in the East Albuquerque area of Albuquerque, NM is a Studio unit found at The Loop at 950 priced from $645. 501 Texas Street NE has the second lowest priced unit, which is a 1 Bed apartment currently listed from $695. Here are the most affordable East Albuquerque apartments for rent in Albuquerque, NM:

Apartment ListingModel NameBed/BathPriced From
The Loop at 9500x1 - 280Studio,1BA$645
501 Texas Street NE1BR/1.0BA1BR,1BA$695
Home @ Valencia1bd/1ba1BR,1BA$695
332 Grove St SE1 Beds, 1 Baths1BR,1BA$695
Diamond Elite Luxury TownhomesStudio/1 BathStudio,1BA$699
White Oak Apartments1x11BR,1BA$716
Nova RidgeS1Studio,1BA$725
Desert Creek ApartmentsSRO-Sleeping room onlyStudio,1BA$726
Rock CreekStudioStudio,1BA$750
Pinewood EstatesStudioStudio,1BA$750

Best Value Apartments for Rent in East Albuquerque, NM

As of August 14, 2026 the best value apartment in the East Albuquerque area is the $1.08 price per square foot Four Bedroom Two Bath Model at Aspen Ridge in the in the South San Pedro neighborhood starting from $1,311. The second greatest value East Albuquerque apartment is the Two Bedroom - Fully Remodeled Model at Pinon Terrace starting at $1,195 with a $1.09 price per square foot in the Northeast Quadrant neighborhood. Here is today’s list of the best values for East Albuquerque apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Aspen RidgeFour Bedroom Two Bath4BR,2BA$1.08
Pinon TerraceTwo Bedroom - Fully Remodeled2BR,1BA$1.09
521-525 Cedar St SE1 Beds, 1 Baths1BR,1BA$0.88
Four Seasons2br apartment corner unit2BR,1BA$1.15
433-437 Louisiana Blvd SE2 Beds, 1 Baths2BR,1BA$0.79
Whispering SandsTwo Bedroom Two Bath2BR,2BA$1.13
919-923 Alvarado2BR/1.0BA2BR,1BA$1.13
The Twelve 6012BR/1.0BA2BR,1BA$1.06
Cloudview Terrace2Bd/1Bath LOFT2BR,1BA$1.08
White Oak Apartments1x11BR,1BA$1.03

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.

Read Article
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Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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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.

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Best Local Schools in
East Albuquerque, Albuquerque, NM

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Lifestyle Ratings

Our team of engineers and researchers compiles millions of data points to bring you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of neighborhoods, cities and towns, and rental properties across New Mexico including East Albuquerque, Albuquerque, and the greater Albuquerque area. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including filtering automatically for easy access to the parks, luxury housing options, places to raise kids, raising pets, transit options, walking, and biking. These search options are in the site filters at the top of this page.

Frequently Asked Questions about Cheap East Albuquerque Apartments

What is a cheap apartment in East Albuquerque?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in East Albuquerque is under $750.

What is the price of a cheap apartment in East Albuquerque?

The cheapest apartment in East Albuquerque is Home @ Valencia which is listed at $695, while the average apartment in East Albuquerque costs $1,150.

What types of apartments are the cheapest in East Albuquerque?

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 32 regular apartments in East Albuquerque 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 East Albuquerque?

Cheap apartments in East Albuquerque have an average cost of $108 which is $1,042 cheaper than the average rent for all rentals in East Albuquerque.

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.

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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.

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