Cheap Apartments for Rent in the East Albuquerque Neighborhood of Albuquerque, NM from $400 (317 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
$725 - $2,372
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$725 - $2,372
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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
$725 - $3,006
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$725 - $3,006
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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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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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Union 505
Rent Specials
$756 - $2,747
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$756 - $2,747
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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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Comanche Wells
Rent Specials
$806 - $2,855
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$806 - $2,855
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Studio to 2 Bedroom Apartments Available Now

Comanche Wells

3400 Comanche Rd NEAlbuquerque, NM 87107
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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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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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Tesota Midtown
Rent Specials
$857 - $1,642
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$857 - $1,642
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1 to 3 Bedroom Apartments Available Now

Tesota Midtown

200 Figueroa St NEAlbuquerque, NM 87123
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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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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. 433-437 Louisiana Blvd SE has the second lowest priced unit, which is a 1 Bed apartment currently listed from $650. 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
433-437 Louisiana Blvd SE1 Beds, 1 Baths1BR,1BA$650
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
Encino Terrace SeniorStudioStudio,1BA$720
Nova RidgeS1Studio,1BA$725
Desert Creek ApartmentsSRO-Sleeping room onlyStudio,1BA$725
Villa De San Felipe0 x 1 BStudio,1BA$749

Best Value Apartments for Rent in East Albuquerque, NM

As of June 29, 2026 the best value apartment in the East Albuquerque area is the $1.05 price per square foot 2 bedroom 1 1/2 bathroom MKT Model at Via Apartments in the in the North Valley neighborhood starting from $1,370. The second greatest value East Albuquerque apartment is the Four Bedroom Two Bath Model at Aspen Ridge starting at $1,311 with a $1.08 price per square foot in the South San Pedro 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.
Via Apartments2 bedroom 1 1/2 bathroom MKT2BR,1.5BA$1.05
Aspen RidgeFour Bedroom Two Bath4BR,2BA$1.08
Pinon TerraceTwo Bedroom - Fully Remodeled2BR,1BA$1.13
Four Seasons2br apartment corner unit2BR,1BA$1.15
544 Chama St SE, Unit D544 Chama St SE1BR,1BA$0.89
The Twelve 6012BR/1.0BA2BR,1BA$1.06
Cloudview Terrace2Bd/1Bath LOFT2BR,1BA$1.08
Tesota Four HillsB1R2BR,1BA$1.16
White Oak Apartments1x11BR,1BA$1.03
332 Grove St SE1 Beds, 1 Baths1BR,1BA$1.16

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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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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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 $749.

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

The cheapest apartment in East Albuquerque is 433-437 Louisiana Blvd SE which is listed at $650, while the average apartment in East Albuquerque costs $2,725.

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 67 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 $216 which is $2,509 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.

Helpful Local Expert Guides

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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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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.

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Albuquerque Uncovered: Your Local Experts Guide to the High Desert City

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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.

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Your Guide to the Best Neighborhoods to Rent Near Albuquerques Top Employers

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I still recollect my first morning commute in Albuquerque.

Articles, How-To's, and Tips

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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.

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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.

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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.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.