Cheap Apartments for Rent in the Elder Homestead Neighborhood of Albuquerque, NM from $400 (57 Rentals)Page 2 of 2
Search the lowest-cost Apartments available for rent right now in the Elder Homestead area of Albuquerque.
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 | $1,040 | $642 | $3,642 |
Elder Homestead 1 Bedroom Apartments | $1,192 | $716 | $3,830 |
Elder Homestead 2 Bedroom Apartments | $1,435 | $750 | $4,592 |
Elder Homestead 3 Bedroom Apartments | $1,392 | $1,300 | $1,485 |
Elder Homestead 4 Bedroom Apartments | $1,353 | $1,114 | $1,495 |
Browse Apartments in this Neighborhood
There are currently 57 rentals with your search options within a 2 mile radius of the Elder Homestead Neighborhood of Albuquerque, NM.
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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 $800.
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 $1,450.
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 3 regular apartments in Elder Homestead that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
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.

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.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.