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El Pueblo II Apartments
6021 Anderson Ave SEAlbuquerque, NM 87108
Cheap 1 Bedroom Apartments for Rent in the Elder Homestead Neighborhood of Albuquerque, NM from $716 (36 Rentals)
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Las Brisas
1201 San Pedro Blvd SEAlbuquerque, NM 87108
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308 Rhode Island St SE
308 Rhode Island St SEAlbuquerque, NM 87108
1111 Amherst Dr SE
AlbuquerqueNM87106
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528 Charleston St SE, Unit 4
528 Charleston St SEAlbuquerque, NM 87108
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Cinnamon Tree
7220 Central Ave SEAlbuquerque, NM 87108
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Portals
1180 Alvarado Dr SEAlbuquerque, NM 87108
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314 Rhode Island St SE
314 Rhode Island St SEAlbuquerque, NM 87108
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from $6451 Bedroom Apartments Available May 31, 2026
Loop @950
950 Louisiana Blvd SEAlbuquerque, NM 87108
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Somerset Park
1201 Madeira Dr SEAlbuquerque, NM 87108
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444 Florida Playa del Sol
444 Florida St SEAlbuquerque, NM 87108
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Contact Us For Pricing1 Bedroom Apartments Contact Us For Availability
The Lanai Apartments
1033 Madeira Dr SEAlbuquerque, NM 87108
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1 Bedroom Apartments
Patios - FREE Utilities+Standard Cable
1116-1208 Ortiz Dr SEAlbuquerque, NM 87108
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Showing Results 1-36, Page 1 of 1
Elder Homestead, Albuquerque, NM Local Guide
How much does it cost to rent an apartment in Elder Homestead?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Elder Homestead Studio Apartments | $862 | $595 | $1,600 |
Elder Homestead 1 Bedroom Apartments | $1,014 | $716 | $1,882 |
| Elder Homestead 2 Bedroom Apartments | $1,306 | $795 | $2,399 |
| Elder Homestead 3 Bedroom Apartments | $1,813 | $1,275 | $2,800 |
| Elder Homestead 4 Bedroom Apartments | $1,253 | $1,253 | $1,253 |
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Elder Homestead, Albuquerque, NM Local Guide
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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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Getting Around the Elder Homestead Neighborhood in Albuquerque, NM
Walk Score®
61 / 100
Somewhat Walkable
Some errands can be accomplished on foot
Bike Score®
68 / 100
Bikeable
Some bike infrastructure
Transit Score®
34 / 100
Some Transit
A few nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Elder Homestead Apartments
What is a cheap apartment in Elder Homestead?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Elder Homestead is under $845.
What is the price of a cheap apartment in Elder Homestead?
The cheapest apartment in Elder Homestead is El Pueblo II Apartments which is listed at $716, while the average apartment in Elder Homestead costs $1,747.
What types of apartments are the cheapest in Elder Homestead?
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 5 regular apartments in Elder Homestead 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 Elder Homestead?
Cheap apartments in Elder Homestead have an average cost of $545 which is $1,202 cheaper than the average rent for all rentals in Elder Homestead.
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.
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.
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.
The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.
Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.