3500 Eastern Ave SE
AlbuquerqueNM87106
Cheap Homes for Rent in Elder Homestead Neighborhood of Albuquerque, NM from $700 (13 Rentals)
Search the lowest-cost Homes available for rent right now in the Elder Homestead area of Albuquerque.
208 Chama St NE
AlbuquerqueNM87108
208 Chama St NE, Unit #2
208 Chama St NE
AlbuquerqueNM87108
131 General Arnold St NE
AlbuquerqueNM87123
148 General Arnold St NE
AlbuquerqueNM87123
4121 Mesa Verde Ave NE
AlbuquerqueNM87110
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.
310 Charleston St SE
AlbuquerqueNM87108
201 Vermont St NE, Unit B, Unit B
201 Vermont St NE
AlbuquerqueNM87108
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$9002 Bedroom Apartments Available Now
142 Rhode Island St SE, Unit A
142 Rhode Island St SEAlbuquerque, NM 87108
105 General Arnold St NE
AlbuquerqueNM87123
7013 Trumbull Ave SE
AlbuquerqueNM87108
911 Alvarado Dr SE
AlbuquerqueNM87108
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.
422 Rhode Island St SE
AlbuquerqueNM87108
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Elder Homestead, Albuquerque, NM Local Guide
How much does it cost to rent a home in Elder Homestead?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Elder Homestead 2 Bedroom Homes for Rent | $1,993 | $950 | $4,200 |
| Elder Homestead 3 Bedroom Homes for Rent | $2,884 | $1,500 | $7,000 |
| Elder Homestead 4 Bedroom Homes for Rent | $1,795 | $1,795 | $1,795 |
| Elder Homestead 5 Bedroom Homes for Rent | $2,695 | $2,695 | $2,695 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Homes for Rent in this Neighborhood
There are currently 13 rentals with your search options within a 2 mile radius of the Elder Homestead Neighborhood of Albuquerque, NM.
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Elder Homestead, Albuquerque, NM Local Guide
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Cheapest Available Elder Homestead Apartments for Rent
The cheapest available apartment rental in the Elder Homestead area of Albuquerque, NM is a Studio unit found at The Loop @950 priced from $645. White Oak Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $716. Here are the most affordable Elder Homestead apartments for rent in Albuquerque, NM:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Loop @950 | 0x1 - 280 | Studio,1BA | $645 |
| White Oak Apartments | 1x1 | 1BR,1BA | $716 |
| Nova Point Gated Community | 0BR/1.0BA | Studio,1BA | $750 |
| Somerset Park | Studio | Studio,1BA | $822 |
| El Pueblo - Ultimate Urban Living | Studio | Studio,1BA | $840 |
Best Value Apartments for Rent in Elder Homestead, NM
As of April 18, 2026 the best value apartment in the Elder Homestead area is the $0.98 price per square foot Four Bedroom Two Bath Model at Aspen Ridge in the in the South San Pedro neighborhood starting from $1,190. The second greatest value Elder Homestead apartment is the B1 Model at The Portals Apartments starting at $985 with a $1.09 price per square foot in the South San Pedro neighborhood. Here is today’s list of the best values for Elder Homestead apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Aspen Ridge | Four Bedroom Two Bath | 4BR,2BA | $0.98 |
| The Portals Apartments | B1 | 2BR,1BA | $1.09 |
| Home @ Valencia | 2bd/1ba | 2BR,1BA | $1.10 |
| Madeira Flats- Utilities Included! | ONE MONTH FREE! All UTILITIES INCLUDED! | 2BR,1BA | $1.37 |
| 147 General Arnold St NE, Unit 4 | 147 General Arnold St NE | 1BR,1BA | $1.15 |
| Villa Apartments | 1 Bed 1 Bath | 1BR,1BA | $1.37 |
| White Oak Apartments | 1x1 | 1BR,1BA | $1.03 |
| 528 Charleston St SE, Unit 3 | 528 Charleston St SE | 2BR,1BA | $1.38 |
| The Lanai Apartments | 3rd Floor 1be/1bath | 1BR,1BA | $1.38 |
| Updated Studio, one bedroom and two bedroom units | 1BD | 1BR,1BA | $1.38 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
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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.
Read ArticleDon'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.
Read ArticleThe 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.
Read ArticleCash 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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Best Local Schools in Elder Homestead, Albuquerque, NM
School data provided by Great Schools
Frequently Asked Questions about Elder Homestead
What type of rentals are currently available in Elder Homestead?
There are currently 578 Apartments for Rent in Elder Homestead, NM with pricing that ranges from $500 to $2,421. There are also 32 Single Family Homes for rent, Condos, and Townhome rentals currently available in Elder Homestead ranging from $750 to $7,000.
What is the current price range for Rental Homes in Elder Homestead?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Elder Homestead ranges from $750 to $7,000 with an average monthly rent of $2,041.
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.
Articles, How-To's, and Tips
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.
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.
Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.
18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.