
Cheap Apartments for Rent in the Mariposa Neighborhood of Albuquerque, NM from $900 (2 Rentals)
Search the lowest-cost Apartments available for rent right now in the Mariposa area of Albuquerque.

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.

Terra at Enchanted Hills
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.
Mariposa, Albuquerque, NM Local Guide

How much does it cost to rent an apartment in Mariposa?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Mariposa 1 Bedroom Apartments | $1,024 | $931 | $1,335 |
| Mariposa 2 Bedroom Apartments | $1,172 | $1,086 | $2,200 |
| Mariposa 3 Bedroom Apartments | $1,264 | $1,228 | $2,395 |
| Mariposa 4 Bedroom Apartments | $1,360 | $1,343 | $1,995 |
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Mariposa, Albuquerque, NM Local Guide
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Best Value Apartments for Rent in Mariposa, NM
As of December 16, 2025 the best value apartment in the Mariposa area is the $1.74 price per square foot 2 x 2.5 (2-car Gar) Model at Terra at Enchanted Hills in the in the Encantado del Norte Heritage Series neighborhood starting from $2,125. The second greatest value Mariposa apartment is the 2x1 Model at Enchanted Vista Apartments starting at $1,149 with a $1.32 price per square foot in the Encantado del Norte Heritage Series neighborhood. Here is today’s list of the best values for Mariposa apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Terra at Enchanted Hills | 2 x 2.5 (2-car Gar) | 2BR,2.5BA | $1.74 |
| Enchanted Vista Apartments | 2x1 | 2BR,1BA | $1.32 |
| Enchanted Hills | Bandelier | 1BR,1BA | $2.22 |
| Casa de Encantada Senior Apartments | One Bedroom | 1BR,1BA | $1.71 |
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 ArticleDon'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 ArticleThe 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.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
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Pet Friendly LifestyleMariposa, Albuquerque, NM
Ranked #313
Among cities in New Mexico for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Best Local Schools in Mariposa, Albuquerque, NM
School data provided by Great Schools
Frequently Asked Questions about Cheap Mariposa Apartments
What types of apartments are the cheapest in Mariposa?
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 4 regular apartments in Mariposa that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
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.

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.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!