
Cheap Apartments for Rent in the Lee Acres Neighborhood of Albuquerque, NM from $700 (11 Rentals)
Search the lowest-cost Apartments available for rent right now in the Lee Acres area of Albuquerque.


Rock Creek

Total Monthly Price
Comanche Wells

El Paseo Apartments

Lifestyles at Renaissance
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Arroyo Vista

Del Rio Apartments

Total Monthly Price
Aydan

Peaks at Los Ranchos

Eagle Ranch Apartments
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3505 Tyson Pl NE
Lee Acres, Albuquerque, NM Local Guide

How much does it cost to rent an apartment in Lee Acres?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lee Acres Studio Apartments | $856 | $725 | $1,379 |
| Lee Acres 1 Bedroom Apartments | $1,379 | $955 | $2,863 |
| Lee Acres 2 Bedroom Apartments | $1,725 | $1,130 | $3,523 |
| Lee Acres 3 Bedroom Apartments | $2,284 | $1,474 | $3,930 |
Browse Apartments in this Neighborhood
There are currently 11 rentals with your search options within a 2 mile radius of the Lee Acres Neighborhood of Albuquerque, NM.
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Lee Acres, Albuquerque, NM Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Desert Creek Apartments | SRO-Sleeping room only | Studio,1BA | $725 |
| Rock Creek | Studio | Studio,1BA | $750 |
| El Paseo Apartments | One-Bedroom | 1BR,1BA | $956 |
| Comanche Wells | A1 | 1BR,1BA | $981 |
| Del Rio Apartments | Aspen | 1BR,1BA | $1,229 |
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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Las Mananitas Apartments | Geneva | 3BR,2BA | $1.62 |
| Taylor Ranch | Cottonwood (Premium) | 3BR,2BA | $1.53 |
| Villas @ Rio | 2BR/2.0BA | 2BR,2BA | $1.69 |
| Peaks at Los Ranchos | Red Rock Canyon Renovated | 2BR,2BA | $1.46 |
| Andalucia Villas | Antequera | 1BR,1BA | $1.81 |
| Arroyo Vista | Two Bedroom | 2BR,1BA | $1.63 |
| Eagle Ranch Apartments | Latigo | 1BR,1BA | $1.83 |
| Del Rio Apartments | Aspen | 1BR,1BA | $1.71 |
| El Paseo Apartments | One-Bedroom | 1BR,1BA | $1.71 |
| Comanche Wells | A1 | 1BR,1BA | $1.89 |
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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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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 LifestyleLee Acres, Albuquerque, NM
Ranked #155
Among cities in New Mexico for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet Friendly
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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