Cheap Apartments for Rent in the Inez Neighborhood of Albuquerque, NM from $500 (77 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Inez 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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Eagle Point Apartments
Rent Specials
$960 - $1,522
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$960 - $1,522
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Studio to 2 Bedroom Apartments Available Now

Eagle Point Apartments

4401 Morris St NEAlbuquerque, NM 87111
Active Lifestyle
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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
$1,098 - $1,390
Total Monthly Price

Total Monthly Price

Base Rent
$1,098 - $1,390
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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Calero
$1,131 - $1,905
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Total Monthly Price

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$1,131 - $1,905
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1 to 3 Bedroom Apartments Available Now

Calero

8000 Montgomery Blvd NEAlbuquerque, NM 87109
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436 Utah St NE
1 Bedroom Apartments

436 Utah St NE

436 Utah St NEAlbuquerque, NM 87108

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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Casa Del Rey Sur
1 Bedroom Apartments

Casa Del Rey Sur

112 Cardenas Dr NEAlbuquerque, NM 87108
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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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628-636 Morris St NE
1 Bedroom Apartments

628-636 Morris St NE

628-636 Morris St NEAlbuquerque, NM 87123
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Fair Plaza Apartments
1 Bedroom Apartments

Fair Plaza Apartments

5901 Alice Ave NEAlbuquerque, NM 87110
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Manzano
2 Bedroom Apartments

Manzano

129-149 Manzano St NEAlbuquerque, NM 87108
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Somerset Lofts
1 Bedroom Apartments

Somerset Lofts

700 Truman St NEAlbuquerque, NM 87110
  • 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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Inez, Albuquerque, NM Local Guide

Cheapest Available Inez Apartments for Rent

 

The cheapest available apartment rental in the Inez 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 Inez apartments for rent in Albuquerque, NM:

Apartment ListingModel NameBed/BathPriced From
Juniper FlatsArroyoStudio,1BA$700
Nova RidgeS1Studio,1BA$725
The Villas @ UptownStudio UpgradeStudio,1BA$800
Tennessee Street2 Beds, 1 Baths2BR,1BA$800
308 Virginia St NE2 Beds, 1 Baths2BR,1BA$850
Nova Peak1BR/1.0BA1BR,1BA$850
San Pedro VillageAcoma StudioStudio,1BA$855
Executive East Apartments1 Beds, 1 Baths1BR,1BA$875
Candlelight SquareSilver Sage1BR,1BA$899
Nova Pointe1BR/1.0BA1BR,1BA$900

Best Value Apartments for Rent in Inez, NM

As of June 12, 2026 the best value apartment in the Inez 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 Inez apartment is the 3 bed/ 1 bath Model at 328 Rhode Island (New) St NE starting at $1,230 with a $1.29 price per square foot in the Towne Park neighborhood. Here is today’s list of the best values for Inez apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Pinon TerraceTwo Bedroom - Fully Remodeled2BR,1BA$1.13
328 Rhode Island (New) St NE3 bed/ 1 bath3BR,1BA$1.29
Woodberry Heights2x12BR,1BA$1.35
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$1.33
535 Texas St NE, Unit C535 Texas St NE2BR,1BA$1.20
Executive East Apartments1 Beds, 1 Baths1BR,1BA$1.25
308 Virginia St NE2 Beds, 1 Baths2BR,1BA$1.21
Tennessee Street2 Beds, 1 Baths2BR,1BA$1.19

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
Inez, Albuquerque, NM

School data provided by Great Schools

Lifestyle Ratings

This website compiles millions of data points to bring you comprehensive Lifestyle Ratings of neighborhoods, cities, and rental properties across New Mexico including Inez, 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 rankings of the best places for easy access to the parks, luxury amenities, pet-friendly features, places that make kids happy, proximity to transit, and much more. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap Inez Apartments

What is a cheap apartment in Inez?

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

What is the price of a cheap apartment in Inez?

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

What types of apartments are the cheapest in Inez?

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 16 regular apartments in Inez 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 Inez?

Cheap apartments in Inez have an average cost of $296 which is $2,704 cheaper than the average rent for all rentals in Inez.

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

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 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.

Articles, How-To's, and Tips

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

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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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

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

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.