
Cheap Apartments for Rent in the Las Lomita Neighborhood of Albuquerque, NM from $400 (23 Rentals)
Search the lowest-cost Apartments available for rent right now in the Las Lomita area of Albuquerque.


Mesa Ridge Apartments

Bluewater Village

Volcanes Commons

West Central RT 66 Apartments

342-350 Estancia Dr NW

West Ridge Park
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.

4914 Rincon Rd NW

6005 Fortuna Rd NW

Marbella-Income Restricted Waitlist

Tierra Pointe

5315 Yucca Cir NE

Canon de Arrowhead

West Central 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.

El Campo Apartments

Welcome Home To Rio Volcan!

Phoenix Apartments: Rises Above the Rest!

Casa Lynne Apartments

New Life Homes 4

Corona Del Sol Apartments

Tucson Apartments
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.

AHEPA 501 - I Senior Apartments

La Serena Senior
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 1 Bedroom Apartments | $1,077 | $439 | $1,389 |
| Las Lomita 2 Bedroom Apartments | $1,272 | $895 | $1,704 |
| Las Lomita 3 Bedroom Apartments | $1,245 | $1,150 | $1,341 |
| Las Lomita 4 Bedroom Apartments | $1,300 | $1,300 | $1,300 |
Browse Apartments in this Neighborhood
There are currently 23 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 1 Bed unit found at Generations at West Mesa priced from $439. Tierra Pointe has the second lowest priced unit, which is a Studio apartment currently listed from $842. Here are the most affordable Las Lomita apartments for rent in Albuquerque, NM:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Generations at West Mesa | One Bedroom 584 Sq Ft | 1BR,1BA | $439 |
| Tierra Pointe | S1 | Studio,1BA | $842 |
| Crescent Ridge | Juniper | 1BR,1BA | $952 |
| Welcome Home To Rio Volcan! | 1 bedroom 1 bath | 1BR,1BA | $964 |
| Villa Hermosa | The Pueblo | 2BR,1BA | $1,050 |
Best Value Apartments for Rent in Las Lomita, NM
As of May 11, 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 3 bedroom 2 bath Model at Phoenix Apartments: Rises Above the Rest! starting at $1,865 with a $2.07 price per square foot in the Rancho Encantado 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 |
| Phoenix Apartments: Rises Above the Rest! | 3 bedroom 2 bath | 3BR,2BA | $2.07 |
| Mesa Ridge Apartments | The Manzano | 2BR,2BA | $1.34 |
| Villa Hermosa | The Pueblo | 2BR,1BA | $1.19 |
| Stride West | a10ar - Renovated | 1BR,1BA | $1.71 |
| Generations at West Mesa | Two Bedroom One Bathroom 768 Sq Ft | 2BR,1BA | $1.37 |
| Welcome Home To Rio Volcan! | 1 bedroom 1 bath | 1BR,1BA | $1.38 |
| Crescent Ridge | Juniper | 1BR,1BA | $1.74 |
| Tierra Pointe | S1 | Studio ,1BA | $1.99 |
Frequently Asked Questions about Cheap Las Lomita Apartments
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 16 regular apartments in Las Lomita that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
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

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.

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.

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.
Articles, How-To's, and Tips

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.