Cheap Homes for Rent in the Indian Moon Neighborhood of Albuquerque, NM from $695 (16 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
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.

Your Guide to the Best Neighborhoods to Rent Near Albuquerque’s Top Employers

Moving to Albuquerque? Find the best neighborhoods near Sandia Labs, Presbyterian Healthcare Services, and UNM. Cut your commute, boost your quality of life, and find your perfect apartment or rental home.

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

property at 2604 Muriel St NE

$1,000 - $1,350

Total Monthly Price

Total Monthly Price

Base Rent
$1,000 - $1,350

Total Monthly Price
$1,000 - $1,350

1 To 2 Bedroom Townhomes for Rent

Available Now

2604 Muriel St NE

AlbuquerqueNM87112

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

Find your perfect spot in ABQ. Get a local's breakdown of Albuquerque neighborhoods like Nob Hill and Downtown, plus tips on navigating the city’s unique charm and high-desert lifestyle.

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 1 Bed unit found at 501 Texas Street NE priced from $695. 332 Grove St SE has the second lowest priced unit, which is a 1 Bed apartment currently listed from $695. Here are the most affordable Indian Moon apartments for rent in Albuquerque, NM:

Apartment ListingModel NameBed/BathPriced From
501 Texas Street NE1BR/1.0BA1BR,1BA$695
332 Grove St SE1 Beds, 1 Baths1BR,1BA$695
Nova RidgeS1Studio,1BA$725
Nova Point Gated Community0/1Studio,1BA$775
Tennessee Street2 Beds, 1 Baths2BR,1BA$800

Best Value Apartments for Rent in Indian Moon, NM

As of August 24, 2026 the best value apartment in the Indian Moon area is the $1.26 price per square foot 3 bed/ 1 bath Model at 328 Rhode Island (New) St NE in the in the Towne Park neighborhood starting from $1,199. The second greatest value Indian Moon apartment is the Two Bedroom Two Bath-2nd Floor Model at Executive West - Senior Community starting at $1,185 with a $1.32 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.
328 Rhode Island (New) St NE3 bed/ 1 bath3BR,1BA$1.26
Executive West - Senior CommunityTwo Bedroom Two Bath-2nd Floor2BR,2BA$1.32
The Heights at TramwayTwo Bedroom One Bath2BR,1BA$1.34
520 Tennessee St NE2bed/1 ba Unfurnished2BR,1BA$1.39
Los Altos TowersOne Bedroom One Bath1BR,1BA$1.39
Pinon TerraceOne Bedroom - Fully Remodeled1BR,1BA$1.24
The Twelve 6012BR/1.0BA2BR,1BA$1.06
Tennessee Street2 Beds, 1 Baths2BR,1BA$1.19
332 Grove St SE1 Beds, 1 Baths1BR,1BA$1.16
501 Texas Street NE1BR/1.0BA1BR,1BA$1.21

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
Decorative image

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.

Read Article
Decorative image

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.

Read Article
Decorative image

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

Pet Friendly Lifestyle
Indian Moon, Albuquerque, NM

Ranked #93

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

decorative image of woman handing cat to small boy

Frequently Asked Questions about Indian Moon

What type of rentals are currently available in Indian Moon?

There are currently 460 Apartments for Rent in Indian Moon, NM with pricing that ranges from $690 to $3,000. There are also 52 Single Family Homes for rent, Condos, and Townhome rentals currently available in Indian Moon ranging from $695 to $4,000.

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 $695 to $4,000 with an average monthly rent of $1,645.

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 $2,150, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,750 to $4,000. Four Bedroom Single-Family rentals are also available starting from $2,150 and Four Bedroom Apartments start at $3,000.

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

decorative image for Your Guide to the Best Neighborhoods to Rent Near Albuquerques Top Employers   article

Your Guide to the Best Neighborhoods to Rent Near Albuquerques Top Employers

Written by: Esther Lombardi

I still recollect my first morning commute in Albuquerque.

decorative image for Albuquerque Uncovered: Your Local Expert's Guide to the High Desert City article

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

Written by: Esther Lombardi

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.

decorative image for The Students Guide to Albuquerque: Top Neighborhoods That Put CNM and UNM Life Within Reach article

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.

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

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.

Articles, How-To's, and Tips

decorative image for Rent According to Income: A Look at Income-Restricted Rentals   article

Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

decorative image for Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags   article

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.