
Cheap Apartments for Rent in the Laurelwoods Neighborhood of Albuquerque, NM from $400 (9 Rentals)
Search the lowest-cost Apartments available for rent right now in the Laurelwoods area of Albuquerque.


9317 Central Ave

Marbella-Income Restricted Waitlist

Adobe Manor Apartments
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El Campo Apartments
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Laurelwoods, Albuquerque, NM Local Guide

How much does it cost to rent an apartment in Laurelwoods?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Laurelwoods Studio Apartments | $1,171 | $835 | $2,414 |
Laurelwoods 1 Bedroom Apartments | $1,402 | $730 | $2,712 |
Laurelwoods 2 Bedroom Apartments | $1,407 | $895 | $2,527 |
Laurelwoods 3 Bedroom Apartments | $1,648 | $799 | $3,986 |
Laurelwoods 4 Bedroom Apartments | $2,600 | $1,300 | $3,900 |
Browse Apartments in this Neighborhood
There are currently 9 rentals with your search options within a 2 mile radius of the Laurelwoods Neighborhood of Albuquerque, NM.
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Laurelwoods, Albuquerque, NM Local Guide
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Cheapest Available Laurelwoods Apartments for Rent
 The cheapest available apartment rental in the Laurelwoods area of Albuquerque, NM is a Studio unit found at 9317 Central Ave priced from $795. Volcanes Commons has the second lowest priced unit, which is a 1 Bed apartment currently listed from $902. Here are the most affordable Laurelwoods apartments for rent in Albuquerque, NM:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
9317 Central Ave | West Studios | Studio,1BA | $795 |
Volcanes Commons | One Bedroom, One Bath | 1BR,1BA | $902 |
Canon de Arrowhead | 1 bedroom 1 bath | 1BR,1BA | $964 |
Best Value Apartments for Rent in Laurelwoods, NM
As of July 13, 2025 the best value apartment in the Laurelwoods 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 Laurelwoods apartment is the The Pueblo 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 Laurelwoods 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 | 2BR,1BA | $1.32 |
Stride West | a10ar - Renovated | 1BR,1BA | $1.62 |
Welcome Home To Rio Volcan! | 1 bedroom 1 bath | 1BR,1BA | $1.54 |
Volcanes Commons | One Bedroom, One Bath | 1BR,1BA | $1.53 |
Tierra Pointe | S1 | Studio ,1BA | $2.46 |
9317 Central Ave | West Studios | Studio ,1BA | $3.53 |
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.
Pet Friendly LifestyleLaurelwoods, Albuquerque, NM
Ranked #201
Among neighborhoods in Albuquerque, NM for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Best Local Schools in Laurelwoods, Albuquerque, NM
Susie R. Marmon Elementary School
School data provided by Great Schools
Lifestyle Ratings
ApartmentHomeLiving brings you our detailed rental search system called 'Lifestyle ratings', composed of rentals and neighborhoods across the USA, including Albuquerque. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including rankings of the best places for the best outdoor access, luxury amenities, pet-friendly features, family-friendly amenities, proximity to transit, and other valuable search options. Find Lifestyle Search in the filter options (above). Happy Searching!
Getting Around the Laurelwoods Neighborhood in Albuquerque, NM
Walk Score®
51 / 100
Somewhat Walkable
Some errands can be accomplished on foot
Bike Score®
59 / 100
Bikeable
Some bike infrastructure
Transit Score®
4 / 100
Minimal Transit
It may be possible to get on a bus
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Laurelwoods Apartments
What is a cheap apartment in Laurelwoods?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Laurelwoods is under $1,163.
What is the price of a cheap apartment in Laurelwoods?
The cheapest apartment in Laurelwoods is Volcanes Commons which is listed at $902, while the average apartment in Laurelwoods costs $2,600.
What types of apartments are the cheapest in Laurelwoods?
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 Laurelwoods 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 Laurelwoods?
Cheap apartments in Laurelwoods have an average cost of $517 which is $2,083 cheaper than the average rent for all rentals in Laurelwoods.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

A Local Experts Guide To The Best Budget-Friendly Neighborhoods to Rent in Albuquerque
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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
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Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.