Cheap Apartments for Rent in the East Albuquerque Neighborhood of Albuquerque, NM from $400 (202 Rentals)

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

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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property at 208 High St NE

208 High St NE

AlbuquerqueNM87102

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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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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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.

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East Albuquerque - One of the Best Affordable Neighborhoods in Albuquerque

Named as one of the Best Affordable Areas to rent in Albuquerque by our Local Expert Esther Lombardi. See how it ranks!

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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 1 Bed unit found at 509 Girard Terrace Apartments priced from $559. Home @ Valencia 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
509 Girard Terrace Apartments509 Girard Blvd SE K1BR,1BA$559
Home @ Valencia1bd/1ba1BR,1BA$695
Desert Creek ApartmentsThe SonoranStudio,1BA$699
FREE UTILITIES!! GREAT VIBES!!Sailor Interior UnitsStudio,1BA$699
The Villas @ UptownStudio ClassicStudio,1BA$700
White Oak Apartments1x11BR,1BA$716
Nova RidgeS1Studio,1BA$725
Encanto Lofts ApartmentsYucca - StudioStudio,1BA$729
Silver Gardens Apartments1 Bedroom (50%)1BR,1BA$740
Millennium FlatsUnit Type AStudio,1BA$740

Best Value Apartments for Rent in East Albuquerque, NM

As of October 21, 2025 the best value apartment in the East Albuquerque area is the $1.13 price per square foot 2 Bedroom 2 Bathroom Model at Canyon Crest in the in the Northeast Quadrant neighborhood starting from $1,234. The second greatest value East Albuquerque apartment is the 2br apartment corner unit Model at Four Seasons starting at $1,100 with a $1.10 price per square foot in the Southeast 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.
Canyon Crest2 Bedroom 2 Bathroom2BR,2BA$1.13
Four Seasons2br apartment corner unit2BR,1BA$1.10
2608 Muriel St NE, Unit D2608 Muriel St NE2BR,1BA$1.11
544 Chama St SE, Unit C544 Chama St SE2BR,1BA$1.11
200 Tennessee St NE, Unit 200 A200 Tennessee St NE1BR,1BA$0.94
Lomas Gardens2BR/1.0BA2BR,1BA$1.17
147 General Arnold St NE, Unit 4147 General Arnold St NE1BR,1BA$1.15
8405 Trumbull Ave SE, Unit D8405 Trumbull Ave SE2BR,1BA$1.03
White Oak Apartments1x11BR,1BA$1.03
509 Girard Terrace Apartments509 Girard Blvd SE K1BR,1BA$0.86

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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Quick Rent Budget Calculator

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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Pet Friendly Lifestyle
East Albuquerque, Albuquerque, NM

Ranked #2

Among cities in New Mexico for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
East Albuquerque, Albuquerque, NM

School data provided by Great Schools

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 $740.

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

The cheapest apartment in East Albuquerque is 509 Girard Terrace Apartments which is listed at $559, while the average apartment in East Albuquerque costs $3,000.

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 74 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 $171 which is $2,829 cheaper than the average rent for all rentals in East Albuquerque.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

decorative image for A Local Experts Guide To The Best Budget-Friendly Neighborhoods to Rent in Albuquerque article

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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.