Cheap Apartments for Rent in the Indian Acres Neighborhood of Albuquerque, NM from $700 (34 Rentals)

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

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Desert Creek Apartments
Rent Specials
$731 - $2,367
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$731 - $2,367
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Studio to 3 Bedroom Apartments Available Now

Desert Creek Apartments

4300 Pan American Fwy NEAlbuquerque, NM 87107
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Comanche Wells
Rent Specials
$765 - $2,849
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$765 - $2,849
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Studio to 2 Bedroom Apartments Available Now

Comanche Wells

3400 Comanche Rd NEAlbuquerque, NM 87107
Corporate Housing
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  • Low Income
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Union 505
Rent Specials
$789 - $2,756
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$789 - $2,756
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Studio to 2 Bedroom Apartments Available Now

Union 505

801 Locust Pl NEAlbuquerque, NM 87102
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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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Tesota Morningside
Rent Specials
$952 - $1,330
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$952 - $1,330
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1 to 2 Bedroom Apartments Available Now

Tesota Morningside

3958 Montgomery Blvd NEAlbuquerque, NM 87109
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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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Nine-O-Nine Apartments
$1,095 - $1,395
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$1,095 - $1,395
Total Monthly Price
$1,095 - $1,395
Studio to 2 Bedroom Apartments Available Now

Nine-O-Nine Apartments

909 Tijeras Ave NWAlbuquerque, NM 87102
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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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Villa Esperanza
1 to 4 Bedroom Apartments

Villa Esperanza

3901 Lafayette DrAlbuquerque, NM 87107
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Theta Apartments
1 to 2 Bedroom Apartments

Theta Apartments

3900 Tulane Dr NEAlbuquerque, NM 87107
Showing Results 1-34, Page 1 of 1

Indian Acres, Albuquerque, NM Local Guide

Cheapest Available Indian Acres Apartments for Rent

 

The cheapest available apartment rental in the Indian Acres area of Albuquerque, NM is a Studio unit found at Encino Terrace Senior priced from $720. Desert Creek Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $733. Here are the most affordable Indian Acres apartments for rent in Albuquerque, NM:

Apartment ListingModel NameBed/BathPriced From
Encino Terrace SeniorStudioStudio,1BA$720
Desert Creek ApartmentsSRO-Sleeping room onlyStudio,1BA$733
Union 505StudioStudio,1BA$784
Millennium FlatsUnit Type AStudio,1BA$790
Rock CreekStudioStudio,1BA$799
Villa De San Felipe0x1CStudio,1BA$799
The Villas @ UptownStudio UpgradeStudio,1BA$800
Encanto Lofts ApartmentsAspen - One Bedroom One Bath1BR,1BA$835
Via Apartments1 bedroom 1 bathroom TC1BR,1BA$864
Silver Gardens ApartmentsStudio (60%)Studio,1BA$893

Best Value Apartments for Rent in Indian Acres, NM

As of May 21, 2026 the best value apartment in the Indian Acres area is the $1.41 price per square foot 817 Slate Ave NW Model at 817 Slate Ave NW, Unit 817 in the in the Hunning Highland neighborhood starting from $1,690. The second greatest value Indian Acres apartment is the KaloDuo Model at Theta Apartments starting at $1,075 with a $1.20 price per square foot in the Northwest Quadrant neighborhood. Here is today’s list of the best values for Indian Acres apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
817 Slate Ave NW, Unit 817817 Slate Ave NW2BR,1BA$1.41
Theta ApartmentsKaloDuo2BR,2BA$1.20
Tesota MorningsideB2AR2BR,1BA$1.44
1/2 OFF FIRST MONTHS RENT1BR/1.0BA1BR,1BA$1.42
Villa EsperanzaTwo Bedroom One and a Half Bath2BR,1BA$1.54
Arroyo VistaTwo Bedroom2BR,1BA$1.48
Via Apartments1 bedroom 1 bathroom Renovated1BR,1BA$1.53
Sunset PointeSM1X11BR,1BA$1.45
Woodberry Heights1x1C1BR,1BA$1.45
North Park ApartmentsBirch1BR,1BA$1.54

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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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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Pet Friendly Lifestyle
Indian Acres, Albuquerque, NM

Ranked #26

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Frequently Asked Questions about Cheap Indian Acres Apartments

What is a cheap apartment in Indian Acres?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Indian Acres is under $893.

What is the price of a cheap apartment in Indian Acres?

The cheapest apartment in Indian Acres is Encanto Lofts Apartments which is listed at $835, while the average apartment in Indian Acres costs $1,550.

What types of apartments are the cheapest in Indian Acres?

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 40 regular apartments in Indian Acres 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 Indian Acres?

Cheap apartments in Indian Acres have an average cost of $392 which is $1,158 cheaper than the average rent for all rentals in Indian Acres.

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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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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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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This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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