
Cheap Apartments for Rent in the Encanto Village HOA Neighborhood of Albuquerque, NM from $400 (17 Rentals)
Search the lowest-cost Apartments available for rent right now in the Encanto Village HOA area of Albuquerque.


Bluewater Village

West Central RT 66 Apartments

4914 Rincon Rd NW

342-350 Estancia Dr NW
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.

West Ridge Park

6005 Fortuna Rd NW

Marbella-Income Restricted Waitlist

Tierra Pointe

West Central Apartments
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.

El Campo Apartments

Casa Lynne Apartments

New Life Homes 4

Rainbow Apartments

Central West Apartments
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.

La Serena Senior

AHEPA 501 - I Senior Apartments
Encanto Village HOA, Albuquerque, NM Local Guide

How much does it cost to rent an apartment in Encanto Village HOA?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Encanto Village HOA 1 Bedroom Apartments | $1,268 | $439 | $1,580 |
| Encanto Village HOA 2 Bedroom Apartments | $1,765 | $895 | $3,200 |
| Encanto Village HOA 3 Bedroom Apartments | $2,074 | $1,150 | $2,376 |
| Encanto Village HOA 4 Bedroom Apartments | $2,167 | $1,300 | $2,602 |
Browse Apartments in this Neighborhood
There are currently 17 rentals with your search options within a 2 mile radius of the Encanto Village HOA Neighborhood of Albuquerque, NM.
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Encanto Village HOA, Albuquerque, NM Local Guide
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Cheapest Available Encanto Village HOA Apartments for Rent
 The cheapest available apartment rental in the Encanto Village HOA area of Albuquerque, NM is a Studio unit found at Tierra Pointe priced from $850. Crescent Ridge has the second lowest priced unit, which is a 1 Bed apartment currently listed from $952. Here are the most affordable Encanto Village HOA apartments for rent in Albuquerque, NM:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Tierra Pointe | S1 | Studio,1BA | $850 |
| Crescent Ridge | Juniper | 1BR,1BA | $952 |
| Generations at West Mesa | Two Bedroom One Bathroom 768 Sq Ft | 2BR,1BA | $1,139 |
| Diamond Mesa | Sapphire | 1BR,1BA | $1,519 |
Best Value Apartments for Rent in Encanto Village HOA, NM
As of April 25, 2026 the best value apartment in the Encanto Village HOA area is the $1.97 price per square foot Sapphire Model at Diamond Mesa in the in the Ironhorse at El Rancho Grande neighborhood starting from $1,519. The second greatest value Encanto Village HOA apartment is the Two Bedroom One Bathroom 768 Sq Ft Model at Generations at West Mesa starting at $1,139 with a $1.48 price per square foot in the Ironhorse at El Rancho Grande neighborhood. Here is today’s list of the best values for Encanto Village HOA apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Diamond Mesa | Sapphire | 1BR,1BA | $1.97 |
| Generations at West Mesa | Two Bedroom One Bathroom 768 Sq Ft | 2BR,1BA | $1.48 |
| Crescent Ridge | Juniper | 1BR,1BA | $1.74 |
| Tierra Pointe | A1 | 1BR,1BA | $2.05 |
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.
Read ArticleThe 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.
Read ArticleQuick 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.
Best Local Schools in Encanto Village Hoa, Albuquerque, NM
School data provided by Great Schools
Frequently Asked Questions about Cheap Encanto Village HOA Apartments
What is the lowest price for a Cheap Two Bedroom Encanto Village HOA Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Encanto Village HOA is starting from $935 at Tierra Pointe.
What is the most affordable Encanto Village HOA Three Bedroom Apartment?
The best deal on a cheap Encanto Village HOA Three Bedroom Apartment rental is at Tierra Pointe and starts from $1,326.
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.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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.