Cheap Apartments for Rent in the Los Alamos Neighborhood of Albuquerque, NM from $500 (9 Rentals)

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

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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Candelaria Gardens
2 Bedroom Apartments

Candelaria Gardens

820 Candelaria Rd NWAlbuquerque, NM 87107
  • Utilities Included
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Aztec Manor
1 to 2 Bedroom Apartments

Aztec Manor

403 Aztec Rd NWAlbuquerque, NM 87107

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Faraday
2 Bedroom Apartments

Faraday

4322 4th St NWAlbuquerque, NM 87107

Los Alamos, Albuquerque, NM Local Guide

Cheapest Available Los Alamos Apartments for Rent

 

The cheapest available apartment rental in the Los Alamos area of Albuquerque, NM is a Studio unit found at Desert Creek Apartments priced from $578. Rock Creek has the second lowest priced unit, which is a Studio apartment currently listed from $855. Here are the most affordable Los Alamos apartments for rent in Albuquerque, NM:

Apartment ListingModel NameBed/BathPriced From
Desert Creek ApartmentsSRO-Sleeping room onlyStudio,1BA$578
Rock CreekStudioStudio,1BA$855
Cloverleaf ApartmentsFurnished StudioStudio,1BA$950

Best Value Apartments for Rent in Los Alamos, NM

As of July 04, 2025 the best value apartment in the Los Alamos area is the $1.41 price per square foot Four Bedroom Two Bath Model at Villa Esperanza in the in the Northwest Quadrant neighborhood starting from $1,586. The second greatest value Los Alamos apartment is the Type B Model at Griegos Farms starting at $2,325 with a $2.59 price per square foot in the Northwest Quadrant neighborhood. Here is today’s list of the best values for Los Alamos apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Villa EsperanzaFour Bedroom Two Bath4BR,1BA$1.41
Griegos FarmsType B2BR,2BA$2.59
Lifestyles at Renaissance2 Bed, 2 Bath2BR,2BA$1.59
Arroyo VistaTwo Bedroom, Two Bath (A)2BR,2BA$1.48
Cresta North Valley1 bed/1 bath1BR,1BA$1.60
Peaks at Los RanchosDesert Breeze Renovated1BR,1BA$1.59
Comanche WellsA11BR,1BA$1.99
Rock CreekStudioStudio ,1BA$2.34
Cloverleaf ApartmentsFurnished StudioStudio ,1BA$2.71
Desert Creek ApartmentsSRO-Sleeping room onlyStudio ,1BA$3.36

Quick Rent Budget Calculator

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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
Los Alamos, Albuquerque, NM

Ranked #228

Among neighborhoods in Albuquerque, NM for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving brings you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals in cities and towns across the United States, including Albuquerque. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including searching for the best amenities, and outdoor amenities like tennis courts, kid and pet-friendly communities, availability of transit options, and more. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Getting Around the Los Alamos Neighborhood in Albuquerque, NM

Walk Score®

70 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

64 / 100

Bikeable

Some bike infrastructure

Transit Score®

31 / 100

Some Transit

A few nearby public transportation options

Frequently Asked Questions about Cheap Los Alamos Apartments

What is a cheap apartment in Los Alamos?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Los Alamos is under $1,799.

What is the price of a cheap apartment in Los Alamos?

The cheapest apartment in Los Alamos is Arroyo Vista which is listed at $971, while the average apartment in Los Alamos costs $1,591.

What types of apartments are the cheapest in Los Alamos?

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 11 regular apartments in Los Alamos 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 Los Alamos?

Cheap apartments in Los Alamos have an average cost of $730 which is $861 cheaper than the average rent for all rentals in Los Alamos.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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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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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.