Cheap Apartments for Rent in the Fair West Neighborhood of Albuquerque, NM from $435 (154 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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The French Quarter
Rent Specials
$765 - $880

Total Monthly Price

Base Rent$765 - $880
Total Monthly Price$765 - $880
Studio to 1 Bedroom Apartments Available Now

The French Quarter

1101-1121 Palomas Dr SEAlbuquerque, NM 87108
Corporate Housing
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property at 324 Vermont St NE
$845
2 Bedroom Rentals
Available Now
Cost Per Sq.Ft.

324 Vermont St NE

AlbuquerqueNM87108

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Playa Del Sol
$950

Total Monthly Price

Base Rent$950
Total Monthly Price$950
1 Bedroom Apartments Available Now

Playa Del Sol

444 Florida St SEAlbuquerque, NM 87108
Affordability
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property at 920 San Pedro Dr SE
$950 - $1,175
1 To 2 Bedroom Rentals
Available Now
Affordability

920 San Pedro Dr SE

AlbuquerqueNM87108

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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 at 950 priced from $645. 8915 Central NE has the second lowest priced unit, which is a 1 Bed apartment currently listed from $679. Here are the most affordable Fair West apartments for rent in Albuquerque, NM:

Apartment ListingModel NameBed/BathPriced From
The Loop at 9500x1 - 280Studio, 1BA$645
8915 Central NE1BR/1.0BA1BR, 1BA$679
501 Texas Street NE1BR/1.0BA1BR, 1BA$695
White Oak Apartments1x11BR, 1BA$716
Nova Peak Gated Community0/1Studio, 1BA$750
The French Quarter0x1Studio, 1BA$765
Nova Pointe0/1Studio, 1BA$775
Chico Apartments1BR/1.0BA1BR, 1BA$795
FREE UTILITIES!! GREAT VIBES!!Sailor Interior UnitsStudio, 1BA$799
Nova Ridge0/1Studio, 1BA$800

Best Value Apartments for Rent in Fair West, NM

As of September 29, 2026 the best value apartment in the Fair West area is the $1.21 price per square foot Top Floor 3BR/2BA with Private Balcony Model at Large Bedrooms and Balconies! in the Towne Park neighborhood starting from $1,550. The second greatest value Fair West apartment is the Three Bedroom Two Bath Model at Aspen Ridge in the South San Pedro neighborhood starting at $1,184 with a $1.08 price per square foot. 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.
Large Bedrooms and Balconies!Top Floor 3BR/2BA with Private Balcony3BR, 2BA$1.21
Aspen RidgeThree Bedroom Two Bath3BR, 2BA$1.08
919-923 Alvarado2BR/1.0BA2BR, 1BA$1.13
8000 Grand Avenue NE2BR/1.0BA2BR, 1BA$1.06
425 Wisconsin st NE2BR/1.0BA2BR, 1BA$1.06
328 Rhode Island (New) St NE2 bed/ 1 bath2BR, 1BA$1.19
General Stilwell2BR/1.0BA2BR, 1BA$1.08
535 Texas St NE, Unit A535 Texas St NE2BR, 1BA$1.20
White Oak Apartments1x11BR, 1BA$1.03
501 Texas Street NE1BR/1.0BA1BR, 1BA$1.21

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Real 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.

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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.

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Pet Friendly Lifestyle
Fair West, Albuquerque, NM

Ranked #63

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Fair West, Albuquerque, NM

School data provided by Great Schools

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 $800.

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

The cheapest apartment in Fair West is 8915 Central NE which is listed at $679, while the average apartment in Fair West costs $1,043.

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 12 regular apartments in Fair West that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

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.

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