Cheap Apartments for Rent in the Lee Acres Neighborhood of Albuquerque, NM from $700 (9 Rentals)

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

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Desert Creek Apartments
Rent Specials
$725 - $2,411
Total Monthly Price

Total Monthly Price

Base Rent
$725 - $2,411

Total Monthly Price
$725 - $2,411
Studio to 3 Bedroom Apartments Available Now

Desert Creek Apartments

4300 Pan American Fwy NEAlbuquerque, NM 87107
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Comanche Wells
Rent Specials
$797 - $2,855
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Total Monthly Price

Base Rent
$797 - $2,855

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Studio to 2 Bedroom Apartments Available Now

Comanche Wells

3400 Comanche Rd NEAlbuquerque, NM 87107
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Your Guide to the Best Neighborhoods to Rent Near Albuquerque’s Top Employers

Moving to Albuquerque? Find the best neighborhoods near Sandia Labs, Presbyterian Healthcare Services, and UNM. Cut your commute, boost your quality of life, and find your perfect apartment or rental home.

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Aydan
$1,267 - $2,102
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Total Monthly Price

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$1,267 - $2,102

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1 to 2 Bedroom Apartments Available Now

Aydan

6000 Montano Plaza Dr NWAlbuquerque, NM 87120
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Lee Acres, Albuquerque, NM Local Guide

Cheapest Available Lee Acres Apartments for Rent

 

The cheapest available apartment rental in the Lee Acres area of Albuquerque, NM is a Studio unit found at Desert Creek Apartments priced from $725. Rock Creek has the second lowest priced unit, which is a Studio apartment currently listed from $750. Here are the most affordable Lee Acres apartments for rent in Albuquerque, NM:

Apartment ListingModel NameBed/BathPriced From
Desert Creek ApartmentsSRO-Sleeping room onlyStudio,1BA$725
Rock CreekStudioStudio,1BA$750
El Paseo ApartmentsOne-Bedroom1BR,1BA$956

Best Value Apartments for Rent in Lee Acres, NM

As of July 29, 2026 the best value apartment in the Lee Acres area is the $1.62 price per square foot Geneva Model at Las Mananitas Apartments in the in the Northwest Quadrant neighborhood starting from $2,260. The second greatest value Lee Acres apartment is the Cottonwood (Premium) Model at Taylor Ranch starting at $1,855 with a $1.53 price per square foot in the Northwest Quadrant neighborhood. Here is today’s list of the best values for Lee Acres apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Las Mananitas ApartmentsGeneva3BR,2BA$1.62
Taylor RanchCottonwood (Premium)3BR,2BA$1.53
Villas @ Rio2BR/2.0BA2BR,2BA$1.69
Peaks at Los RanchosRed Rock Canyon Renovated2BR,2BA$1.46
Andalucia VillasAntequera1BR,1BA$1.81
Arroyo VistaTwo Bedroom2BR,1BA$1.63
Eagle Ranch ApartmentsLatigo1BR,1BA$1.83
Del Rio ApartmentsAspen1BR,1BA$1.71
El Paseo ApartmentsOne-Bedroom1BR,1BA$1.71
Comanche WellsA11BR,1BA$1.89

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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Pet Friendly Lifestyle
Lee Acres, Albuquerque, NM

Ranked #155

Among cities in New Mexico for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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Frequently Asked Questions about Cheap Lee Acres Apartments

What is a cheap apartment in Lee Acres?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Lee Acres is under $1,425.

What is the price of a cheap apartment in Lee Acres?

The cheapest apartment in Lee Acres is El Paseo Apartments which is listed at $956, while the average apartment in Lee Acres costs $2,240.

What types of apartments are the cheapest in Lee Acres?

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 19 regular apartments in Lee Acres 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 Lee Acres?

Cheap apartments in Lee Acres have an average cost of $268 which is $1,972 cheaper than the average rent for all rentals in Lee Acres.

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.

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