Cheap Apartments for Rent in the Highland Business Neighborhood of Albuquerque, NM from $500 (45 Rentals)

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

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Broadstone Nob Hill
$1,890 - $2,407
Total Monthly Price

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$1,890 - $2,407

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Studio to 2 Bedroom Apartments Available Now

Broadstone Nob Hill

4101 Central Ave NEAlbuquerque, NM 87108
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500-504 Ortiz Dr SE
1 to 2 Bedroom Apartments

500-504 Ortiz Dr SE

500-504 Ortiz Dr SEAlbuquerque, NM 87108
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The Carlisle
2 Bedroom Apartments

The Carlisle

3600 Central Ave SEAlbuquerque, NM 87108

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.

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124 Aliso Dr NE
Studio Apartments

124 Aliso Dr NE

124 Aliso Dr NEAlbuquerque, NM 87108
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813 Ortiz Dr SE
2 Bedroom Apartments

813 Ortiz Dr SE

813 Ortiz Dr SEAlbuquerque, NM 87108

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.

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524 Palomas SE
1 Bedroom Apartments

524 Palomas SE

524 Palomas SEAlbuquerque, NM 87108
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313 Montclaire Dr SE
1 Bedroom Apartments

313 Montclaire Dr SE

313 Montclaire Dr SEAlbuquerque, NM 87108
  • Utilities Included
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1033 Truman St SE
Studio Apartments

1033 Truman St SE

1033 Truman St SEAlbuquerque, NM 87108
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Alvarado Apartments
1 Bedroom Apartments

Alvarado Apartments

511-513 Alvarado Dr SEAlbuquerque, NM 87108
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202 Quincy St NE
Studio Apartments

202 Quincy St NE

202 Quincy St NEAlbuquerque, NM 87108
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317 Palomas Dr NE
Studio Apartments

317 Palomas Dr NE

317 Palomas Dr NEAlbuquerque, NM 87108
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6500 Cochiti Rd SE
Studio Apartments

6500 Cochiti Rd SE

6500 Cochiti Rd SEAlbuquerque, NM 87108
  • Utilities Included

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.

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Fair Plaza Apartments
1 Bedroom Apartments

Fair Plaza Apartments

5901 Alice Ave NEAlbuquerque, NM 87110
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Manzano
2 Bedroom Apartments

Manzano

129-149 Manzano St NEAlbuquerque, NM 87108
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Alvarado Square
1 to 3 Bedroom Apartments

Alvarado Square

303 Alvarado Dr SEAlbuquerque, NM 87108
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Plaza Del Sol
1 to 2 Bedroom Apartments

Plaza Del Sol

309 Sierra Dr SEAlbuquerque, NM 87108
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Sunrise Villa Apartments
1 to 3 Bedroom Apartments

Sunrise Villa Apartments

515-519 Madeira Dr SEAlbuquerque, NM 87108
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Nob Hill Square
1 Bedroom Apartments

Nob Hill Square

300 La Veta DrAlbuquerque, NM 87108

Cash 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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Nob Hill Apartments
Studio to 1 Bedroom Apartments

Nob Hill Apartments

200 Hermosa Dr NEAlbuquerque, NM 87108
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The Zia at Nob Hill
1 Bedroom Apartments

The Zia at Nob Hill

419 Monroe St NEAlbuquerque, NM 87108
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Casa Del Rey Sur
1 Bedroom Apartments

Casa Del Rey Sur

112 Cardenas Dr NEAlbuquerque, NM 87108
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Somerset Lofts
1 Bedroom Apartments

Somerset Lofts

700 Truman St NEAlbuquerque, NM 87110
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Ocotillo Ridge
1 to 2 Bedroom Apartments

Ocotillo Ridge

140 Jefferson St SEAlbuquerque, NM 87108
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PAH! Hiland Plaza
1 to 3 Bedroom Apartments

PAH! Hiland Plaza

5000 Central Ave SEAlbuquerque, NM 87108
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Casita Capistrano
1 Bedroom Apartments

Casita Capistrano

5900 Marble Ave NEAlbuquerque, NM 87110
  • Utilities Included

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.

Highland Business, Albuquerque, NM Local Guide

Cheapest Available Highland Business Apartments for Rent

 

The cheapest available apartment rental in the Highland Business area of Albuquerque, NM is a Studio unit found at Casa Dos Santos Apartments priced from $845. Gracey's Nation - Palomas Community has the second lowest priced unit, which is a 1 Bed apartment currently listed from $850. Here are the most affordable Highland Business apartments for rent in Albuquerque, NM:

Apartment ListingModel NameBed/BathPriced From
Casa Dos Santos ApartmentsStudio 520Studio,1BA$845
Gracey's Nation - Palomas Community1 Bed, 1 Bath1BR,1BA$850
Casa de Sierra Senior ApartmentsOne Bedroom1BR,1BA$1,078
De Anza - Nob Hill Luxury ApartmentsModern StudioStudio,1BA$1,150
Nob Hill2.12BR,1BA$1,255
The Q at JeffersonSnowberry2BR,1BA$1,525
Q @ Nob HillSnowberry2BR,1BA$1,525
Broadstone Nob HillMonte Vista2BR,2BA$2,307

Best Value Apartments for Rent in Highland Business, NM

As of July 09, 2026 the best value apartment in the Highland Business area is the $2.05 price per square foot Monte Vista Model at Broadstone Nob Hill in the in the Netherwood Park neighborhood starting from $2,307. The second greatest value Highland Business apartment is the 2.1.5 Model at Nob Hill starting at $1,350 with a $1.55 price per square foot in the Netherwood Park neighborhood. Here is today’s list of the best values for Highland Business apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Broadstone Nob HillMonte Vista2BR,2BA$2.05
Nob Hill2.1.52BR,1.5BA$1.55
Gracey's Nation - Palomas Community2 Bed, 1 Bath2BR,1BA$1.23
Q @ Nob HillSnowberry2BR,1BA$1.90
The Q at JeffersonSnowberry2BR,1BA$1.90
517 Adams St NE517 Adams St NE1BR,1BA$1.22
Casa de Sierra Senior ApartmentsOne Bedroom1BR,1BA$1.55
De Anza - Nob Hill Luxury ApartmentsModern StudioStudio ,1BA$2.05
Casa Dos Santos ApartmentsStudio 520Studio ,1BA$2.19

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.

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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.

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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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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
Highland Business, Albuquerque, NM

Ranked #249

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

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Frequently Asked Questions about Cheap Highland Business Apartments

What is the price of a cheap apartment in Highland Business?

The cheapest apartment in Highland Business is Gracey's Nation - Palomas Community which is listed at $850, while the average apartment in Highland Business costs $1,375.

What types of apartments are the cheapest in Highland Business?

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 5 regular apartments in Highland Business 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.

Helpful Local Expert Guides

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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.

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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.

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Albuquerque Uncovered: Your Local Expert's Guide to the High Desert City

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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.

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I still recollect my first morning commute in Albuquerque.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.