Cheap Apartments for Rent in the Leslie Park Neighborhood of Albuquerque, NM from $500 (46 Rentals)

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

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San Mateo Suites
Studio Apartments

San Mateo Suites

5001 San Mateo Ln NEAlbuquerque, NM 87109
  • Utilities Included
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Indigo Park
1 to 3 Bedroom Apartments

Indigo Park

7600 Montgomery Blvd NEAlbuquerque, NM 87109

Check Out Albuquerque’s Best Affordable Neighborhoods

Learn about Albuquerque and the best places to live with original content written by our Local Expert Esther Lombardi

Leslie Park, Albuquerque, NM Local Guide

Cheapest Available Leslie Park Apartments for Rent

 

The cheapest available apartment rental in the Leslie Park area of Albuquerque, NM is a Studio unit found at Desert Creek Apartments priced from $559. Encanto Lofts Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $715. Here are the most affordable Leslie Park apartments for rent in Albuquerque, NM:

Apartment ListingModel NameBed/BathPriced From
Desert Creek ApartmentsSRO-Sleeping room onlyStudio,1BA$559
Encanto Lofts ApartmentsYucca - StudioStudio,1BA$715
Comanche WellsS1Studio,1BA$738
Canyon Crest0 Bedroom 1 BathroomStudio,1BA$795
Via ApartmentsStudio TCStudio,1BA$801
Rock CreekStudioStudio,1BA$845
Sedona RidgeZuni1BR,1BA$850
San Pedro VillageAcoma StudioStudio,1BA$865
Acacia GardensTaos Classic1BR,1BA$890
Sunchase ApartmentsJr 1x11BR,1BA$905

Best Value Apartments for Rent in Leslie Park, NM

As of December 31, 2025 the best value apartment in the Leslie Park area is the $1.39 price per square foot Renovated 2-Bedroom B Model at Glo Apartments in the in the Netherwood Park neighborhood starting from $1,508. The second greatest value Leslie Park apartment is the B2 Model at Casa Tierra starting at $1,485 with a $1.41 price per square foot in the Baloon Fiesta Park neighborhood. Here is today’s list of the best values for Leslie Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Glo ApartmentsRenovated 2-Bedroom B2BR,2BA$1.39
Casa TierraB22BR,2BA$1.41
Pinon TerraceOne Bedroom - Fully Remodeled1BR,1BA$1.37
Villas Del Cielo1 Bedroom1BR,1BA$1.41
Wyoming Place Apartments1 Bed B1BR,1BA$1.30
MiloMadrid Platinum1BR,1BA$1.35
Sunset PointeSM1X11BR,1BA$1.45
Woodberry Heights1x1B1BR,1BA$1.47
Arlo ApartmentsA11BR,1BA$1.43
Executive West - Senior CommunityOne Bedroom1BR,1BA$1.47

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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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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 Lifestyle
Leslie Park, Albuquerque, NM

Ranked #7

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving brings you Lifestyle Ratings of neighborhoods, areas, and rental properties across New Mexico, including Albuquerque. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including our Star Ratings to compare for the best outdoor access, luxury amenities, kid and pet-friendly communities, availability of transit options, and much more. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap Leslie Park Apartments

What is a cheap apartment in Leslie Park?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Leslie Park is under $905.

What is the price of a cheap apartment in Leslie Park?

The cheapest apartment in Leslie Park is Encanto Lofts Apartments which is listed at $774, while the average apartment in Leslie Park costs $1,559.

What types of apartments are the cheapest in Leslie Park?

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 57 regular apartments in Leslie Park 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 Leslie Park?

Cheap apartments in Leslie Park have an average cost of $309 which is $1,250 cheaper than the average rent for all rentals in Leslie Park.

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

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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.

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How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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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.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.