Cheap Apartments for Rent in the Highlands North Neighborhood of Albuquerque, NM from $700 (61 Rentals)

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

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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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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Milo
Rent Specials
$996 - $1,401
Total Monthly Price

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$996 - $1,401
Total Monthly Price
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1 to 2 Bedroom Apartments Available Now

Milo

4217 Louisiana Blvd NEAlbuquerque, NM 87109
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Canoan Village
$1,017 - $1,682
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$1,017 - $1,682
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Studio to 2 Bedroom Apartments Available Now

Canoan Village

5300 Eubank Blvd NEAlbuquerque, NM 87111
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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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Sun Plaza
Rent Specials
$1,106 - $1,882
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$1,106 - $1,882
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1 to 3 Bedroom Apartments Available Now

Sun Plaza

4400 Montgomery Blvd NEAlbuquerque, NM 87109
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Spring Park
Rent Specials
$1,224 - $1,753
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$1,224 - $1,753
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1 to 2 Bedroom Apartments Available Now

Spring Park

5801 Eubank Blvd NEAlbuquerque, NM 87111
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Sierra Meadows
Rent Specials
$1,240 - $2,136
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$1,240 - $2,136
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1 to 3 Bedroom Apartments Available Now

Sierra Meadows

4224-4246 Eubank BlvdAlbuquerque, NM 87111
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Calero
$1,259 - $2,021
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$1,259 - $2,021
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1 to 3 Bedroom Apartments Available Now

Calero

8000 Montgomery Blvd NEAlbuquerque, NM 87109
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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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Casa Tierra
Rent Specials
$1,302 - $5,555
Total Monthly Price

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$1,302 - $5,555
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1 to 3 Bedroom Apartments Available Now

Casa Tierra

4949 San Pedro Dr NEAlbuquerque, NM 87109
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AYA ABQ
Rent Specials
$1,311 - $3,995
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$1,311 - $3,995
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1 to 2 Bedroom Apartments Available Now

AYA ABQ

5324 San Mateo Blvd NEAlbuquerque, NM 87109
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property at 8301 Comanche Ct NE

$1,450

Total Monthly Price

Total Monthly Price

Base Rent
$1,450
Total Monthly Price
$1,450

1 Bedroom, 1 Bath Townhome for Rent

Available May 1

8301 Comanche Ct NE

AlbuquerqueNM87110
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San Mateo Suites
Studio Apartments

San Mateo Suites

5001 San Mateo Ln NEAlbuquerque, NM 87109
  • Utilities Included

The Art of the Rental Viewing: What to look for during a property tour

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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Highlands North, Albuquerque, NM Local Guide

Cheapest Available Highlands North Apartments for Rent

 

The cheapest available apartment rental in the Highlands North area of Albuquerque, NM is a 1 Bed unit found at Encanto Lofts Apartments priced from $835. Lexington Place Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $840. Here are the most affordable Highlands North apartments for rent in Albuquerque, NM:

Apartment ListingModel NameBed/BathPriced From
Encanto Lofts ApartmentsAspen - One Bedroom One Bath1BR,1BA$835
Lexington Place ApartmentsStudioStudio,1BA$840
Casa Del Arroyo Apartments1bd/1ba1BR,1BA$850
Montecito0BD, 1BTH Studio,1BA$874
Canyon Crest0 Bedroom 1 BathroomStudio,1BA$875
Sedona RidgeZuni1BR,1BA$899
Norte Villas ApartmentsOne Bedroom One Bath - 457 Sq Ft1BR,1BA$909
Treehouse ApartmentsWillowStudio,1BA$959
Acacia GardensTaos Classic1BR,1BA$960
Arlo ApartmentsA11BR,1BA$975

Best Value Apartments for Rent in Highlands North, NM

As of April 28, 2026 the best value apartment in the Highlands North area is the $1.02 price per square foot 3 bedroom 2 bathroom TC Model at Via Apartments in the in the North Valley neighborhood starting from $1,331. The second greatest value Highlands North apartment is the Two Bedroom - Fully Remodeled Model at Pinon Terrace starting at $1,245 with a $1.13 price per square foot in the Northeast Quadrant neighborhood. Here is today’s list of the best values for Highlands North apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Via Apartments3 bedroom 2 bathroom TC3BR,2BA$1.02
Pinon TerraceTwo Bedroom - Fully Remodeled2BR,1BA$1.13
Uptown Square2x2_10372BR,2BA$1.40
Executive West - Senior CommunityTwo Bedroom Two Bath2BR,2BA$1.46
Arlo ApartmentsB12BR,1BA$1.45
Villas Del Cielo1 Bedroom1BR,1BA$1.41
Sunset PointeSM1X11BR,1BA$1.45
Woodberry Heights1x1C1BR,1BA$1.45
La Vida Buena ApartmentsThe Seville1BR,1BA$1.50
Casa Del Arroyo Apartments1bd/1ba1BR,1BA$1.36

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.

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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
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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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The 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.

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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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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.

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Pet Friendly Lifestyle
Highlands North, Albuquerque, NM

Ranked #18

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
Highlands North, Albuquerque, NM

School data provided by Great Schools

Lifestyle Ratings

ApartmentHomeLiving brings you Lifestyle Ratings of rentals in areas across the United States, including Albuquerque. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including filtering automatically for the best proximity to parks and outdoor amenities, luxury housing options, transit availability, pet-friendly communities, family-friendliness, walking, and biking. These search options are in the site filters at the top of this page.

Frequently Asked Questions about Cheap Highlands North Apartments

What is a cheap apartment in Highlands North?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Highlands North is under $975.

What is the price of a cheap apartment in Highlands North?

The cheapest apartment in Highlands North is Encanto Lofts Apartments which is listed at $835, while the average apartment in Highlands North costs $2,400.

What types of apartments are the cheapest in Highlands North?

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 19 regular apartments in Highlands North 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 Highlands North?

Cheap apartments in Highlands North have an average cost of $328 which is $2,072 cheaper than the average rent for all rentals in Highlands North.

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

decorative image for A Local Experts Guide To The Best Budget-Friendly Neighborhoods to Rent in Albuquerque article

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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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.

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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.

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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.