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$725 - $2,340
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$725 - $2,340
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Desert Creek Apartments
4300 Pan American Fwy NEAlbuquerque, NM 87107
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.
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$791 - $2,849
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Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
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Comanche Wells
3400 Comanche Rd NEAlbuquerque, NM 87107
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$799 - $955Studio to 2 Bedroom Apartments Available Now
Rock Creek
3135 Comanche Rd NEAlbuquerque, NM 87107
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$956 - $1,2571 to 2 Bedroom Apartments Available Now
El Paseo Apartments
301 El Pueblo Rd NWAlbuquerque, NM 87114
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$964 - $2,6411 to 2 Bedroom Apartments Available Now
Lifestyles at Renaissance
4920 Union Way NEAlbuquerque, NM 87107
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.
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$1,069 - $1,4741 to 3 Bedroom Apartments Available Now
Arroyo Vista
4201 Bryn Mawr Dr NEAlbuquerque, NM 87107
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$1,130 - $1,585Studio to 2 Bedroom Apartments Available Now
Peaks at Los Ranchos
6134 4th St NWAlbuquerque, NM 87107
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$1,254 - $1,9751 to 3 Bedroom Apartments Available Now
Del Rio Apartments
4601 Montano Rd NWAlbuquerque, NM 87120
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$1,279 - $1,585
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$1,279 - $1,585
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$1,279 - $1,585
Taylor Ranch Luxury Apartments
5601 Taylor Ranch Rd NWAlbuquerque, NM 87120
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$1,285 - $2,5541 to 3 Bedroom Apartments Available Now
Eagle Ranch Apartments
9270 Eagle Ranch Rd NWAlbuquerque, NM 87114
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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$1,286 - $1,544
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$1,286 - $1,544
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Aydan
6000 Montano Plaza Dr NWAlbuquerque, NM 87120
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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 | $883 | $725 | $1,354 |
| Lee Acres 1 Bedroom Apartments | $1,332 | $925 | $2,641 |
| Lee Acres 2 Bedroom Apartments | $1,783 | $1,133 | $3,523 |
| Lee Acres 3 Bedroom Apartments | $2,124 | $1,474 | $3,930 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
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. Comanche Wells has the second lowest priced unit, which is a Studio apartment currently listed from $791. 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 |
| Comanche Wells | S1 | Studio,1BA | $791 |
| Rock Creek | One Bedroom | 1BR,1BA | $955 |
| El Paseo Apartments | One-Bedroom | 1BR,1BA | $956 |
| Arroyo Vista | One Bedroom | 1BR,1BA | $1,069 |
Best Value Apartments for Rent in Lee Acres, NM
As of June 12, 2026 the best value apartment in the Lee Acres area is the $1.76 price per square foot 2BR/2.0BA Model at Villas @ Rio in the in the Northwest Quadrant neighborhood starting from $1,900. The second greatest value Lee Acres apartment is the A7 Model at The Aubry starting at $1,301 with a $1.62 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. |
|---|---|---|---|
| Villas @ Rio | 2BR/2.0BA | 2BR,2BA | $1.76 |
| The Aubry | A7 | 1BR,1BA | $1.62 |
| Arroyo Vista | Two Bedroom | 2BR,1BA | $1.63 |
| Taylor Ranch Luxury Apartments | Maple (Premium) | 1BR,1BA | $1.74 |
| Eagle Ranch Apartments | Latigo | 1BR,1BA | $1.74 |
| Del Rio Apartments | Aspen | 1BR,1BA | $1.74 |
| Peaks at Los Ranchos | Desert Breeze Renovated | 1BR,1BA | $1.70 |
| El Paseo Apartments | One-Bedroom | 1BR,1BA | $1.71 |
| Rock Creek | One Bedroom | 1BR,1BA | $1.74 |
| Comanche Wells | S1 | Studio ,1BA | $1.88 |
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.
Read Article
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.
Read ArticleReal 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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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.
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Pet Friendly LifestyleLee Acres, Albuquerque, NM
Ranked #146
Among cities in New Mexico for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet 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 $1,286.
What is the price of a cheap apartment in Lee Acres?
The cheapest apartment in Lee Acres is Comanche Wells which is listed at $925, while the average apartment in Lee Acres costs $2,060.
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 20 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 $221 which is $1,839 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.
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.
Your Guide to the Best Neighborhoods to Rent Near Albuquerques Top Employers
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I still recollect my first morning commute in Albuquerque.
Articles, How-To's, and Tips
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.
Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.
Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.
Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.