3500 Eastern Ave SE
AlbuquerqueNM87106
Cheap Homes for Rent in the Elder Homestead Neighborhood of Albuquerque, NM from $750 (19 Rentals)
Search the lowest-cost Homes available for rent right now in the Elder Homestead area of Albuquerque.
320 Tennessee St SE, Unit 11
320 Tennessee St SE
AlbuquerqueNM87108
525 Mesilla St SE
AlbuquerqueNM87108
close
View Me
$8501 Bedroom Apartments Available Now
511 Mesilla St SE, Unit C
511 Mesilla St SEAlbuquerque, NM 87108
412 Rhode Island St NE
AlbuquerqueNM87108
148 General Arnold St NE
AlbuquerqueNM87123
Your Guide to the Best Neighborhoods to Rent Near Albuquerque’s Top Employers
Moving to Albuquerque? Find the best neighborhoods near Sandia Labs, Presbyterian Healthcare Services, and UNM. Cut your commute, boost your quality of life, and find your perfect apartment or rental home.
close
View Me
$9252 Bedroom Apartments Available Now
116 Dallas St SE, Unit C
116 Dallas St SEAlbuquerque, NM 87108
close
View Me
$9252 Bedroom Apartments Available Now
420 Vermont St NE, Unit A4
420 Vermont St NEAlbuquerque, NM 87108
127 General Arnold St NE
AlbuquerqueNM87123
507 Wisconsin St NE
AlbuquerqueNM87108
627 Chama St SE
AlbuquerqueNM87108
105 General Arnold St NE
AlbuquerqueNM87123
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
541 Palomas Dr SE
AlbuquerqueNM87108
8200 Copper Ave NE
AlbuquerqueNM87108
7015 Trumbull Ave SE
AlbuquerqueNM87108
423 Dallas St SE
AlbuquerqueNM87108
419 Dallas St SE
AlbuquerqueNM87108
529 Indiana St SE
AlbuquerqueNM87108
Albuquerque Uncovered: Your Local Expert's Guide to the High Desert City
Find your perfect spot in ABQ. Get a local's breakdown of Albuquerque neighborhoods like Nob Hill and Downtown, plus tips on navigating the city’s unique charm and high-desert lifestyle.
20 Chama St NE
AlbuquerqueNM87108
Showing Results 1-19, Page 1 of 1
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 | $1,288 | $900 | $2,250 |
| Elder Homestead 3 Bedroom Homes for Rent | $2,449 | $1,100 | $4,200 |
| Elder Homestead 4 Bedroom Homes for Rent | $1,947 | $1,850 | $2,045 |
Browse Homes for Rent in this Neighborhood
There are currently 19 rentals with your search options within a 2 mile radius of the Elder Homestead Neighborhood of Albuquerque, NM.
Explore Albuquerque
Elder Homestead, Albuquerque, NM Local Guide
- Nearby Albuquerque neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
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 at 950 priced from $695. 501 Texas Street NE has the second lowest priced unit, which is a 1 Bed apartment currently listed from $695. Here are the most affordable Elder Homestead apartments for rent in Albuquerque, NM:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Loop at 950 | 0x1 - Deluxe - 280 | Studio,1BA | $695 |
| 501 Texas Street NE | 1BR/1.0BA | 1BR,1BA | $695 |
| 332 Grove St SE | 1 Beds, 1 Baths | 1BR,1BA | $695 |
| White Oak Apartments | 1x1 | 1BR,1BA | $716 |
| Central Apartments (4223) | Large Studio/1ba - 4223 Central | Studio,1BA | $765 |
Best Value Apartments for Rent in Elder Homestead, NM
As of September 05, 2026 the best value apartment in the Elder Homestead area is the $0.87 price per square foot Two Bedroom Two Bath Model at Los Altos Towers in the in the South Los Altos neighborhood starting from $1,399. The second greatest value Elder Homestead apartment is the Top Floor 3BR/2BA with Private Balcony Model at Large Bedrooms and Balconies! starting at $1,550 with a $1.21 price per square foot in the Towne Park 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. |
|---|---|---|---|
| Los Altos Towers | Two Bedroom Two Bath | 2BR,2BA | $0.87 |
| Large Bedrooms and Balconies! | Top Floor 3BR/2BA with Private Balcony | 3BR,2BA | $1.21 |
| 328 Rhode Island (New) St NE | 3 bed/ 1 bath | 3BR,1BA | $1.26 |
| 919-923 Alvarado | 2BR/1.0BA | 2BR,1BA | $1.13 |
| 8000 Grand Avenue NE | 2BR/1.0BA | 2BR,1BA | $1.06 |
| Aspen Ridge | Two Bedroom Two Bath | 2BR,2BA | $1.20 |
| 1033 Louisiana Blvd SE | 2BR/1.0BA | 2BR,1BA | $1.24 |
| White Oak Apartments | 1x1 | 1BR,1BA | $1.03 |
| 332 Grove St SE | 1 Beds, 1 Baths | 1BR,1BA | $1.16 |
| 501 Texas Street NE | 1BR/1.0BA | 1BR,1BA | $1.21 |
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 Article
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.
Read ArticleNavigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
Read ArticleReal 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.
Read Article
Quick Rent Budget Calculator
How much rent can you afford?
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.
Let everyone know!
Do you know the Elder Homestead area?
If you’re an expert on all things Elder Homestead, tell us what you love (and don't) by rating it and writing a review.
Write a Review
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 590 Apartments for Rent in Elder Homestead, NM with pricing that ranges from $500 to $3,073. There are also 36 Single Family Homes for rent, Condos, and Townhome rentals currently available in Elder Homestead ranging from $750 to $4,200.
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 $4,200 with an average monthly rent of $1,785.
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
Your Guide to the Best Neighborhoods to Rent Near Albuquerques Top Employers
Written by: Esther Lombardi
I still recollect my first morning commute in Albuquerque.
Albuquerque Uncovered: Your Local Expert's Guide to the High Desert City
Written by: Esther Lombardi
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.
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.
A Local Expert's 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.
Articles, How-To's, and Tips
Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.
Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.
Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.
First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
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.