
Cheap Apartments for Rent in the Las Lomita Neighborhood of Albuquerque, NM from $400 (24 Rentals)
Search the lowest-cost Apartments available for rent right now in the Las Lomita area of Albuquerque.


Mesa Ridge Apartments

Tierra Pointe

Bluewater Village

Volcanes Commons

West Ridge Park

4914 Rincon Rd NW

West Central RT 66 Apartments
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.

342-350 Estancia Dr NW

6005 Fortuna Rd NW

Marbella-Income Restricted Waitlist

5315 Yucca Cir NE

West Central Apartments

El Campo Apartments

Welcome Home To Rio Volcan!

Canon de Arrowhead
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.

Phoenix Apartments: Rises Above the Rest!

Casa Lynne Apartments

New Life Homes 4

Corona Del Sol Apartments

Tucson Apartments

AHEPA 501 - I Senior Apartments

Central West Apartments

La Serena Senior
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.
Las Lomita, Albuquerque, NM Local Guide

How much does it cost to rent an apartment in Las Lomita?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Las Lomita Studio Apartments | $837 | $799 | $884 |
| Las Lomita 1 Bedroom Apartments | $1,064 | $730 | $1,227 |
| Las Lomita 2 Bedroom Apartments | $1,208 | $895 | $1,433 |
| Las Lomita 3 Bedroom Apartments | $1,334 | $1,150 | $1,511 |
| Las Lomita 4 Bedroom Apartments | $1,300 | $1,300 | $1,300 |
Browse Apartments in this Neighborhood
There are currently 24 rentals with your search options within a 2 mile radius of the Las Lomita Neighborhood of Albuquerque, NM.
See all Apartments in AlbuquerqueExplore Albuquerque
Cheapest Available Las Lomita Apartments for Rent
 The cheapest available apartment rental in the Las Lomita area of Albuquerque, NM is a Studio unit found at Tierra Pointe priced from $789. Volcanes Commons has the second lowest priced unit, which is a 1 Bed apartment currently listed from $902. Here are the most affordable Las Lomita apartments for rent in Albuquerque, NM:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Tierra Pointe | S1 | Studio,1BA | $789 |
| Volcanes Commons | One Bedroom, One Bath | 1BR,1BA | $902 |
| Crescent Ridge | Juniper | 1BR,1BA | $952 |
| Welcome Home To Rio Volcan! | 1 bedroom 1 bath | 1BR,1BA | $964 |
| Stride West | a10a | 1BR,1BA | $1,017 |
Best Value Apartments for Rent in Las Lomita, NM
As of January 31, 2026 the best value apartment in the Las Lomita area is the $1.25 price per square foot 2 bedroom 2 bath Model at Canon de Arrowhead in the in the Alamosa neighborhood starting from $1,154. The second greatest value Las Lomita apartment is the The Pueblo Casita Model at Villa Hermosa starting at $1,163 with a $1.32 price per square foot in the Northwest Quadrant neighborhood. Here is today’s list of the best values for Las Lomita apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Canon de Arrowhead | 2 bedroom 2 bath | 2BR,2BA | $1.25 |
| Villa Hermosa | The Pueblo Casita | 2BR,1BA | $1.32 |
| Stride West | a10ar - Renovated | 1BR,1BA | $1.50 |
| Generations at West Mesa | Two Bedroom One Bathroom 768 Sq Ft | 2BR,1BA | $1.48 |
| Phoenix Apartments: Rises Above the Rest! | 2 bedroom 1 bath | 2BR,1BA | $1.90 |
| Mesa Ridge Apartments | The Sage | 1BR,1BA | $1.63 |
| Welcome Home To Rio Volcan! | 1 bedroom 1 bath | 1BR,1BA | $1.54 |
| Volcanes Commons | One Bedroom, One Bath | 1BR,1BA | $1.53 |
| Crescent Ridge | Juniper | 1BR,1BA | $1.74 |
| Tierra Pointe | A1 | 1BR,1BA | $2.00 |
Frequently Asked Questions about Cheap Las Lomita Apartments
What is a cheap apartment in Las Lomita?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Las Lomita is under $1,331.
What is the price of a cheap apartment in Las Lomita?
The cheapest apartment in Las Lomita is Volcanes Commons which is listed at $902, while the average apartment in Las Lomita costs $1,325.
What types of apartments are the cheapest in Las Lomita?
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 25 regular apartments in Las Lomita 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 Las Lomita?
Cheap apartments in Las Lomita have an average cost of $456 which is $869 cheaper than the average rent for all rentals in Las Lomita.
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.
Articles, How-To's, and Tips

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.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.