Cheap Apartments for Rent in the Las Lomita Neighborhood of Albuquerque, NM from $400 (24 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Las Lomita area of Albuquerque.

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West Ridge Park
2 Bedroom Apartments

West Ridge Park

9301 Volcano Rd NWAlbuquerque, NM 87121
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4914 Rincon Rd NW
Studio Apartments

4914 Rincon Rd NW

4914 Rincon Rd NWAlbuquerque, NM 87105

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6005 Fortuna Rd NW
2 to 3 Bedroom Apartments

6005 Fortuna Rd NW

6005 Fortuna Rd NWAlbuquerque, NM 87105
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5315 Yucca Cir NE
2 Bedroom Apartments

5315 Yucca Cir NE

5315 Yucca Cir NEAlbuquerque, NM 87120
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El Campo Apartments
Studio to 1 Bedroom Apartments

El Campo Apartments

5800 Central Ave SWAlbuquerque, NM 87105
  • Utilities Included
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Canon de Arrowhead
1 to 3 Bedroom Apartments

Canon de Arrowhead

1700 Market St NWAlbuquerque, NM 87120
  • Utilities Included

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New Life Homes 4
1 Bedroom Apartments

New Life Homes 4

6600 Delia Rd SWAlbuquerque, NM 87121
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Tucson Apartments
2 Bedroom Apartments

Tucson Apartments

5401-5405 Tucson Rd NWAlbuquerque, NM 87120
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Central West Apartments
Studio to 1 Bedroom Apartments

Central West Apartments

5501 Central Ave NWAlbuquerque, NM 87105
  • Utilities Included
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La Serena Senior
1 to 2 Bedroom Apartments

La Serena Senior

457 Coors Blvd NWAlbuquerque, NM 87121
Senior Living

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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 ListingModel NameBed/BathPriced From
Tierra PointeS1Studio,1BA$789
Volcanes CommonsOne Bedroom, One Bath1BR,1BA$902
Crescent RidgeJuniper1BR,1BA$952
Welcome Home To Rio Volcan!1 bedroom 1 bath1BR,1BA$964
Stride Westa10a1BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
Canon de Arrowhead2 bedroom 2 bath2BR,2BA$1.25
Villa HermosaThe Pueblo Casita2BR,1BA$1.32
Stride Westa10ar - Renovated1BR,1BA$1.50
Generations at West MesaTwo Bedroom One Bathroom 768 Sq Ft2BR,1BA$1.48
Phoenix Apartments: Rises Above the Rest!2 bedroom 1 bath2BR,1BA$1.90
Mesa Ridge ApartmentsThe Sage1BR,1BA$1.63
Welcome Home To Rio Volcan!1 bedroom 1 bath1BR,1BA$1.54
Volcanes CommonsOne Bedroom, One Bath1BR,1BA$1.53
Crescent RidgeJuniper1BR,1BA$1.74
Tierra PointeA11BR,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

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 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

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.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

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.

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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.