Cheap Apartments for Rent in the Fair West Neighborhood of Albuquerque, NM from $400 (92 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Fair West area of Albuquerque.

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Cinnamon Tree
Rent Specials
$674 - $1,501
Total Monthly Price

Total Monthly Price

Base Rent
$651 - $1,478
Required Monthly Fees
$23

Total Monthly Price
$674 - $1,501
Studio to 2 Bedroom Apartments Contact Us For Availability

Cinnamon Tree

7220 Central Ave SEAlbuquerque, NM 87108
Affordability
  • Verified
  • Customer Reviewed
  • 3D Tour
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Las Brisas
$767 - $1,908
Total Monthly Price

Total Monthly Price

Base Rent
$724 - $1,865
Required Monthly Fees
$43

Total Monthly Price
$767 - $1,908
1 to 2 Bedroom Apartments Available Now

Las Brisas

1201 San Pedro Blvd SEAlbuquerque, NM 87108
Affordability
  • Verified
  • Customer Reviewed
  • Low Income

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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The French Quarter
Rent Specials
$915 - $995
Total Monthly Price

Total Monthly Price

Base Rent
$915 - $995

Total Monthly Price
$915 - $995
1 Bedroom Apartments Available Now

The French Quarter

1101-1121 Palomas Dr SEAlbuquerque, NM 87108
Corporate Housing
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  • 3D Tour
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Arlo Apartments
$935 - $1,300
Total Monthly Price

Total Monthly Price

Base Rent
$145 - $510
Required Monthly Fees
$790

Total Monthly Price
$935 - $1,300
Studio to 2 Bedroom Apartments Available Now

Arlo Apartments

8911 Northeastern Blvd NEAlbuquerque, NM 87112
Affordability
  • Verified
  • Customer Reviewed

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Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Warren Continental
Studio to 2 Bedroom Apartments

Warren Continental

1000 Louisiana Blvd SEAlbuquerque, NM 87108
Furnished
  • Utilities Included
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3409 Crest Ave SE
1 Bedroom Apartments

3409 Crest Ave SE

3409 Crest Ave SEAlbuquerque, NM 87106
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3400 Crest Ave SE
1 Bedroom Apartments

3400 Crest Ave SE

3400-3408 Crest Ave SEAlbuquerque, NM 87106
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Warren Park Apartments
Studio to 4 Bedroom Apartments

Warren Park Apartments

900 Continental Loop SEAlbuquerque, NM 87108
  • Utilities Included
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436 Utah St NE
1 Bedroom Apartments

436 Utah St NE

436 Utah St NEAlbuquerque, NM 87108

Fair West - 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!

Fair West, Albuquerque, NM Local Guide

Cheapest Available Fair West Apartments for Rent

 

The cheapest available apartment rental in the Fair West area of Albuquerque, NM is a Studio unit found at The Loop @950 priced from $645. Nova Peak has the second lowest priced unit, which is a Studio apartment currently listed from $700. Here are the most affordable Fair West apartments for rent in Albuquerque, NM:

Apartment ListingModel NameBed/BathPriced From
The Loop @9500x1 - 280Studio,1BA$645
Nova Peak0BR/1.0BAStudio,1BA$700
White Oak Apartments1x11BR,1BA$716
Brandywood Park ApartmentsSailor Exterior UnitsStudio,1BA$720
Las Brisas1 Bed, 1 Bath A (60% Income Restricted)1BR,1BA$767
Vail Manor ApartmentsStudioStudio,1BA$790
The Villas @ UptownStudio ClassicStudio,1BA$800
Nova Point0BR/1.0BAStudio,1BA$800
Pinewood EstatesStudioStudio,1BA$820
Somerset ParkStudioStudio,1BA$822

Best Value Apartments for Rent in Fair West, NM

As of March 25, 2026 the best value apartment in the Fair West area is the $1.39 price per square foot Three Bedroom Two Bath Model at Aspen Ridge in the in the South San Pedro neighborhood starting from $1,525. The second greatest value Fair West apartment is the 2 bed/ 1 bath Model at 328 Rhode Island St NE starting at $950 with a $1.19 price per square foot in the Towne Park neighborhood. Here is today’s list of the best values for Fair West apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Aspen RidgeThree Bedroom Two Bath3BR,2BA$1.39
328 Rhode Island St NE2 bed/ 1 bath2BR,1BA$1.19
420 Mesilla St SE, Unit A420 Mesilla St SE2BR,1BA$1.06
147 General Arnold St NE, Unit 4147 General Arnold St NE1BR,1BA$1.15
Alvarado Square2/BED/1 BATH2BR,1BA$1.26
Villa Apartments1 Bed 1 Bath1BR,1BA$1.37
White Oak Apartments1x11BR,1BA$1.03
Casa de Sierra Senior ApartmentsOne Bedroom1BR,1BA$1.30
The Lanai Apartments3rd Floor 1be/1bath1BR,1BA$1.38
528 Charleston St SE, Unit 3528 Charleston St SE2BR,1BA$1.38

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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.

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Pet Friendly Lifestyle
Fair West, Albuquerque, NM

Ranked #67

Among cities in New Mexico for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving.com compiles millions of data points to bring you Lifestyle Ratings of rentals and neighborhoods across the USA, and customized analysis for East Central Albuquerque. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including filtering automatically for easy access to the parks, luxury housing options, transit availability, pet-friendly communities, places that make kids happy, and other valuable search options. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap Fair West Apartments

What is a cheap apartment in Fair West?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Fair West is under $822.

What is the price of a cheap apartment in Fair West?

The cheapest apartment in Fair West is White Oak Apartments which is listed at $716, while the average apartment in Fair West costs $1,395.

What types of apartments are the cheapest in Fair West?

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 30 regular apartments in Fair West 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 Fair West?

Cheap apartments in Fair West have an average cost of $145 which is $1,250 cheaper than the average rent for all rentals in Fair West.

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

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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.

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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.

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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.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.