
Cheap Apartments for Rent in the Elder Homestead Neighborhood of Albuquerque, NM from $400 (115 Rentals) Page 2 of 3
Search the lowest-cost Apartments available for rent right now in the Elder Homestead area of Albuquerque.


436 Utah St NE

7900-7904 Trumbull Ave SE

126 Charleston St NE

217 Pennsylvania St NE

Yucca House

Casa Del Rey Sur

Patios - FREE Utilities+Standard Cable

Donna Ann Apartments

Hacienda Norte Apartments
Check Out Albuquerque’s Best Affordable Neighborhoods
Learn about Albuquerque and the best places to live with original content written by our Local Expert Esther Lombardi

Fair Plaza Apartments

328 Tennessee St SE

420 Jefferson St NE

200-206 Pennsylvania St NE

1028 Alvarado Dr

510 Adams St NE

501 Texas Street NE

Manzano

332 Grove St SE

3435 Smith Ave SE
Elder Homestead - 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!

332 Grove St SE

Somerset Lofts

Sun Apartments

433-437 Louisiana Blvd SE

304 Charleston St NE

3500 Eastern Ave SE

Madeira Flats- Utilities Included!

Alvarado Apartments

Hilltop House

431 Virginia St NE
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

Mesa Hills Senior Living

Espanola Apartments

Casa Dos Santos Apartments

FREE UTILITIES!! GREAT VIBES!!

509 Vermont St NE

Modern Apartments with Great Amenities

Skylight Apartments

305 Charleston Dr. NE

Tennessee Street

520 Indiana St SE
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.

Continental Arms

White Oak Apartments

Graceland Plaza Apartments

Courtyard Apartments

Plaza Del Sol

134-136 Altez St NE

8401 Marquette Ave NE

308 Virginia St NE

Uptown Gardens

453 Charleston St Se
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.
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 | $784 | $645 | $1,300 |
| Elder Homestead 1 Bedroom Apartments | $1,021 | $500 | $2,598 |
| Elder Homestead 2 Bedroom Apartments | $1,246 | $800 | $2,782 |
| Elder Homestead 3 Bedroom Apartments | $1,648 | $1,395 | $2,100 |
Browse Apartments in this Neighborhood
There are currently 115 rentals with your search options within a 2 mile radius of the Elder Homestead Neighborhood of Albuquerque, NM.
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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 $790.
What is the price of a cheap apartment in Elder Homestead?
The cheapest apartment in Elder Homestead is 501 Texas Street NE which is listed at $695, while the average apartment in Elder Homestead costs $995.
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 10 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 $244 which is $751 cheaper than the average rent for all rentals in Elder Homestead.
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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I still recollect my first morning commute in Albuquerque.

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Articles, How-To's, and Tips

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Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
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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.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
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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.