
Cheap Homes for Rent in Lee Acres Neighborhood of Albuquerque, NM from $1,500 (1 Rental)
Search the lowest-cost Homes available for rent right now in the Lee Acres area of Albuquerque.

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Lee Acres, Albuquerque, NM Local Guide

How much does it cost to rent a home in Lee Acres?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lee Acres 2 Bedroom Homes for Rent | $1,595 | $1,595 | $1,595 |
| Lee Acres 3 Bedroom Homes for Rent | $1,822 | $1,795 | $1,850 |
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Best Value Apartments for Rent in Lee Acres, NM
As of January 21, 2026 the best value apartment in the Lee Acres area is the $1.50 price per square foot 2 BD/ 2.5 BA Model at 9368 Valley View Dr NW in the in the Northwest Quadrant neighborhood starting from $1,800. The second greatest value Lee Acres apartment is the 1BR/1.0BA Model at 1/2 OFF FIRST MONTHS RENT starting at $1,080 with a $1.25 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. |
|---|---|---|---|
| 9368 Valley View Dr NW | 2 BD/ 2.5 BA | 1BR,1BA | $1.50 |
| 1/2 OFF FIRST MONTHS RENT | 1BR/1.0BA | 1BR,1BA | $1.25 |
| Eagle Ranch Apartments | Latigo | 1BR,1BA | $1.53 |
| Arroyo Vista | One Bedroom | 1BR,1BA | $1.34 |
| Del Rio Apartments | Aspen | 1BR,1BA | $1.63 |
| Peaks at Los Ranchos | Desert Breeze Renovated | 1BR,1BA | $1.59 |
| Aydan | Pinon Renovated | 1BR,1BA | $1.84 |
| Lifestyles at Renaissance | 1 Bed, 1 Bath | 1BR,1BA | $1.71 |
| El Paseo Apartments | One-Bedroom | 1BR,1BA | $1.71 |
| Comanche Wells | S1 | Studio ,1BA | $1.84 |
Frequently Asked Questions about Lee Acres
What type of rentals are currently available in Lee Acres?
There are currently 69 Apartments for Rent in Lee Acres, NM with pricing that ranges from $547 to $3,920. There are also 2 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lee Acres ranging from $1,595 to $1,850.
What is the current price range for Rental Homes in Lee Acres?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Lee Acres ranges from $1,595 to $1,850 with an average monthly rent of $1,708.
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

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.

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.

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.

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.