Cheap Homes for Rent in Indian Moon Neighborhood of Albuquerque, NM from $600 (12 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

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.

Check Out Albuquerque’s Best Affordable Neighborhoods

Learn about Albuquerque and the best places to live with original content written by our Local Expert Esther Lombardi

Indian Moon, Albuquerque, NM Local Guide

Cheapest Available Indian Moon Apartments for Rent

 

The cheapest available apartment rental in the Indian Moon area of Albuquerque, NM is a Studio unit found at Cinnamon Tree priced from $728. Nova Point has the second lowest priced unit, which is a Studio apartment currently listed from $775. Here are the most affordable Indian Moon apartments for rent in Albuquerque, NM:

Apartment ListingModel NameBed/BathPriced From
Cinnamon TreeStudio RenovatedStudio,1BA$728
Nova PointS1 - StudioStudio,1BA$775
The Retreat at CandelariaArtesia1BR,1BA$867
Pinewood Estates1x1C1BR,1BA$875
444 Florida Playa del Sol1 Bed / 1 Bath Remodel1BR,1BA$899

Best Value Apartments for Rent in Indian Moon, NM

As of May 24, 2025 the best value apartment in the Indian Moon area is the $1.33 price per square foot Two Bedroom, Two Bath Model at Northeastern in the in the Northeast Quadrant neighborhood starting from $1,395. The second greatest value Indian Moon apartment is the Two Bedroom One Bath Model at The Heights at Tramway starting at $1,199 with a $1.34 price per square foot in the Northeast Quadrant neighborhood. Here is today’s list of the best values for Indian Moon apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
NortheasternTwo Bedroom, Two Bath2BR,2BA$1.33
The Heights at TramwayTwo Bedroom One Bath2BR,1BA$1.34
River Rock ApartmentsKaloDuo-Premium2BR,1BA$1.54
8309 Trumbull Ave SE, Unit B8309 Trumbull Ave SE2BR,1BA$1.06
Lomas Gardens2BR/1.0BA2BR,1BA$1.19
Pinon TerraceOne Bedroom - Fully Remodeled1BR,1BA$1.37
Mission Hill ApartmentsThe Cottonwood1BR,1BA$1.29
Lexington Place ApartmentsOne Bedroom1BR,1BA$1.63
The Retreat at CandelariaArtesia1BR,1BA$1.38
444 Florida Playa del Sol1 Bed / 1 Bath Remodel1BR,1BA$1.47

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.

decorative image of people with a giant lease agreement

Frequently Asked Questions about Indian Moon

What type of rentals are currently available in Indian Moon?

There are currently 450 Apartments for Rent in Indian Moon, NM with pricing that ranges from $642 to $4,592. There are also 40 Single Family Homes for rent, Condos, and Townhome rentals currently available in Indian Moon ranging from $600 to $3,300.

What is the current price range for Rental Homes in Indian Moon?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Indian Moon ranges from $600 to $3,300 with an average monthly rent of $1,482.

How much are larger Three and Four Bedroom Rentals in Indian Moon?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Indian Moon range from $1,200 to $3,123, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,550 to $3,000. Four Bedroom Single-Family rentals are also available starting from $2,150 and Four Bedroom Apartments start at $1,999.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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.

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

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

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

decorative image for The Freedom of Short-Term Leases: Exploring the Advantages for Renters article

The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.