Cheap Apartments for Rent in the Hoffmantown Neighborhood of Albuquerque, NM from $500 (76 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Hoffmantown 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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Eagle Point Apartments
Rent Specials
$967 - $1,575
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$967 - $1,575
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Studio to 2 Bedroom Apartments Available Now

Eagle Point Apartments

4401 Morris St NEAlbuquerque, NM 87111
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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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Calero
$1,050 - $1,834
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$1,050 - $1,834
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1 to 3 Bedroom Apartments Available Now

Calero

8000 Montgomery Blvd NEAlbuquerque, NM 87109
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Canoan Village
$1,092 - $1,757
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$1,092 - $1,757
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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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Milo
Rent Specials
$1,157 - $1,403
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$1,157 - $1,403
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1 to 2 Bedroom Apartments Available Now

Milo

4217 Louisiana Blvd NEAlbuquerque, NM 87109
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Casa Tierra
Rent Specials
$1,214 - $4,493
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$1,214 - $4,493
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1 to 3 Bedroom Apartments Available Now

Casa Tierra

4949 San Pedro Dr NEAlbuquerque, NM 87109
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Sierra Meadows
Rent Specials
$1,281 - $1,997
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$1,281 - $1,997
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1 to 3 Bedroom Apartments Available Now

Sierra Meadows

4224-4246 Eubank BlvdAlbuquerque, NM 87111
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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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Uptown Square
Rent Specials
$1,386 - $1,686
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$1,386 - $1,686
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Studio to 2 Bedroom Apartments Available Now

Uptown Square

7000 Phoenix Ave NEAlbuquerque, NM 87110
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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 Now

8301 Comanche Ct NE

AlbuquerqueNM87110
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Donna Ann Apartments
1 to 2 Bedroom Apartments

Donna Ann Apartments

7905-8021 Marquette Ave NEAlbuquerque, NM 87108
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11101 Towner Ave NE
1 to 2 Bedroom Apartments

11101 Towner Ave NE

11101 Towner Ave NEAlbuquerque, NM 87112
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Fair Plaza Apartments
1 Bedroom Apartments

Fair Plaza Apartments

5901 Alice Ave NEAlbuquerque, NM 87110
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Los Altos Lofts
Studio to 1 Bedroom Apartments

Los Altos Lofts

10330 Hotel Ave NEAlbuquerque, NM 87123
  • 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.

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Hoffmantown, Albuquerque, NM Local Guide

Cheapest Available Hoffmantown Apartments for Rent

 

The cheapest available apartment rental in the Hoffmantown area of Albuquerque, NM is a Studio unit found at Juniper Flats priced from $700. Nova Ridge has the second lowest priced unit, which is a Studio apartment currently listed from $725. Here are the most affordable Hoffmantown apartments for rent in Albuquerque, NM:

Apartment ListingModel NameBed/BathPriced From
Juniper FlatsArroyoStudio,1BA$700
Nova RidgeS1Studio,1BA$725
The Villas at UptownStudio UpgradeStudio,1BA$800
Nova Peak Gated Community1BR/1.0BA1BR,1BA$850
Casa Del Arroyo Apartments1bd/1ba1BR,1BA$850
Monterey Manor ApartmentsKaloSolo1BR,1BA$875
Executive East Apartments1 Beds, 1 Baths1BR,1BA$875
Rio Vista Senior ApartmentsIncome-Restricted One Bedroom Senior Apartment ...1BR,1BA$890
Candlelight SquareSilver Sage1BR,1BA$899
Nova Point Gated Community1BR/1.0BA1BR,1BA$900

Best Value Apartments for Rent in Hoffmantown, NM

As of June 21, 2026 the best value apartment in the Hoffmantown area is the $1.13 price per square foot Two Bedroom - Fully Remodeled Model at Pinon Terrace in the in the Northeast Quadrant neighborhood starting from $1,245. The second greatest value Hoffmantown apartment is the B2 Model at Arlo Apartments starting at $1,350 with a $1.45 price per square foot in the Northeast Quadrant neighborhood. Here is today’s list of the best values for Hoffmantown apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Pinon TerraceTwo Bedroom - Fully Remodeled2BR,1BA$1.13
Arlo ApartmentsB22BR,2BA$1.45
The Heights at TramwayTwo Bedroom One Bath2BR,1BA$1.34
Wyoming Place Apartments1 Bed B1BR,1BA$1.43
Sunset PointeSM1X11BR,1BA$1.45
Monterey Manor ApartmentsKaloSolo-Premium1BR,1BA$1.36
Executive East Apartments1 Beds, 1 Baths1BR,1BA$1.25
La Vida Buena ApartmentsThe Madrid1BR,1BA$1.43
Pine Lane ApartmentsKaloSolo1BR,1BA$1.42
Casa Del Arroyo Apartments1bd/1ba1BR,1BA$1.36

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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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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Best Local Schools in
Hoffmantown, Albuquerque, NM

School data provided by Great Schools

Lifestyle Ratings

ApartmentHomeLiving brings you comprehensive Lifestyle Ratings of neighborhoods, cities, and rental properties across New Mexico including Hoffmantown, Albuquerque, and the greater Albuquerque area. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including searching for the best amenities, and convenient access to the outdoors, transit availability, pet-friendly communities, family-friendly amenities, walking, and biking. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap Hoffmantown Apartments

What is a cheap apartment in Hoffmantown?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Hoffmantown is under $900.

What is the price of a cheap apartment in Hoffmantown?

The cheapest apartment in Hoffmantown is Nova Peak Gated Community which is listed at $850, while the average apartment in Hoffmantown costs $3,000.

What types of apartments are the cheapest in Hoffmantown?

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 10 regular apartments in Hoffmantown 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 Hoffmantown?

Cheap apartments in Hoffmantown have an average cost of $292 which is $2,708 cheaper than the average rent for all rentals in Hoffmantown.

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 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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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 Experts 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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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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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.

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Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.