
Cheap Apartments for Rent in the Matheson Park Neighborhood of Albuquerque, NM from $600 (62 Rentals)
Search the lowest-cost Apartments available for rent right now in the Matheson Park area of Albuquerque.


Lexington Place Apartments

Casa Del Arroyo Apartments

Executive West - Senior Community

Rio Vista Senior Apartments

Total Monthly Price
Copper Hills

Sedona Ridge

2408 Chelwood Park Blvd NE, Unit D, Unit D

The Retreat at Candelaria

Acacia Gardens
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.

Three Fountains

Dorado Heights

Arlo Apartments

Sunrise Apartments

Total Monthly Price
Eagle Point Apartments

Panorama Heights

Northpointe Village

Total Monthly Price
Canoan Village

Villa Serena Apartments

3211 Morris St NE
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.

10789 Towner Ave NE

La Vida Buena Apartments

Pinon Terrace

Tesoro on Spain

Total Monthly Price
MOUNTAIN VISTA

Total Monthly Price
The Reserve

Northeastern

The Heights at Tramway

2504 Chelwood Park Blvd NE, Unit Apartment A, Unit Apartment A

Total Monthly Price
CIBOLA VILLAGE
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.

Total Monthly Price
VILLA LA CHARLES

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Sierra Meadows

12244 Menaul Blvd NE

Total Monthly Price
12001 Phoenix Ave NE, Unit B, Unit B

Total Monthly Price
Calero

Grove at Tramway

12120 Candelaria Rd NE

Total Monthly Price
12229 Menaul Blvd NE, Unit B, Unit B

11101 Towner Ave NE

Inca - FREE Utilities
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.

Los Altos Lofts

Virginian Apartments

Grandview Apartments

Mission Hill Apartments

Santa Clara Apartments

Monterey Manor Apartments

Los Altos Towers

Pine Lane Apartments

Treehouse Apartments

Wyoming Place Apartments
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.
Matheson Park, Albuquerque, NM Local Guide

How much does it cost to rent an apartment in Matheson Park?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Matheson Park Studio Apartments | $1,008 | $840 | $1,167 |
| Matheson Park 1 Bedroom Apartments | $1,194 | $745 | $2,439 |
| Matheson Park 2 Bedroom Apartments | $1,459 | $865 | $3,281 |
| Matheson Park 3 Bedroom Apartments | $1,803 | $1,500 | $2,150 |
| Matheson Park 4 Bedroom Apartments | $3,000 | $3,000 | $3,000 |
Browse Apartments in this Neighborhood
There are currently 62 rentals with your search options within a 2 mile radius of the Matheson Park Neighborhood of Albuquerque, NM.
See all Apartments in AlbuquerqueExplore Albuquerque
Matheson Park, Albuquerque, NM Local Guide
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Cheapest Available Matheson Park Apartments for Rent
 The cheapest available apartment rental in the Matheson Park area of Albuquerque, NM is a Studio unit found at Lexington Place Apartments priced from $840. Casa Del Arroyo Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $850. Here are the most affordable Matheson Park apartments for rent in Albuquerque, NM:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Lexington Place Apartments | Studio | Studio,1BA | $840 |
| Casa Del Arroyo Apartments | 1bd/1ba | 1BR,1BA | $850 |
| The Twelve 601 | 2BR/1.0BA | 2BR,1BA | $865 |
| Rio Vista Senior Apartments | Income-Restricted One Bedroom Senior Apartment ... | 1BR,1BA | $890 |
| Sedona Ridge | Zuni | 1BR,1BA | $899 |
| Los Altos Towers | Studio | Studio,1BA | $909 |
| Pine Lane Apartments | KaloSolo | 1BR,1BA | $925 |
| The Retreat at Candelaria | Artesia | 1BR,1BA | $928 |
| Monterey Manor Apartments | KaloSolo-Premium | 1BR,1BA | $950 |
| Treehouse Apartments | Willow | Studio,1BA | $959 |
Best Value Apartments for Rent in Matheson Park, NM
As of April 28, 2026 the best value apartment in the Matheson Park area is the $1.13 price per square foot Two Bedroom - Fully Remodeled Model at Pinon Terrace in the in the Northeast Quadrant neighborhood starting from $1,245. The second greatest value Matheson Park apartment is the 12229 Menaul Blvd NE Model at 12229 Menaul Blvd NE, Unit B starting at $1,400 with a $1.39 price per square foot in the Northeast Quadrant neighborhood. Here is today’s list of the best values for Matheson Park apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Pinon Terrace | Two Bedroom - Fully Remodeled | 2BR,1BA | $1.13 |
| 12229 Menaul Blvd NE, Unit B | 12229 Menaul Blvd NE | 2BR,1BA | $1.39 |
| Copper Hills | 2x2 | 2BR,2BA | $1.13 |
| Executive West - Senior Community | Two Bedroom Two Bath | 2BR,2BA | $1.46 |
| The Heights at Tramway | Two Bedroom One Bath | 2BR,1BA | $1.34 |
| 2504 Chelwood Park Blvd NE, Unit Apartment A | 2504 Chelwood Park Blvd NE | 2BR,1BA | $1.37 |
| Arlo Apartments | B1 | 2BR,1BA | $1.45 |
| The Twelve 601 | 2BR/1.0BA | 2BR,1BA | $1.08 |
| Monterey Manor Apartments | KaloSolo-Premium | 1BR,1BA | $1.36 |
| Casa Del Arroyo Apartments | 1bd/1ba | 1BR,1BA | $1.36 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleThe 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 ArticleCash 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.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
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.
Best Local Schools in Matheson Park, Albuquerque, NM
School data provided by Great Schools
Lifestyle Ratings
ApartmentHomeLiving brings you comprehensive Lifestyle Ratings of neighborhoods, cities, and rental properties across New Mexico including Matheson Park, Albuquerque, and the greater Albuquerque area. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including filtering automatically for the best proximity to parks and outdoor amenities, luxury housing options, kid and pet-friendly communities, availability of transit options, and much more. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!
Frequently Asked Questions about Cheap Matheson Park Apartments
What is the Cheapest Studio apartment in Matheson Park?
Currently the most affordable Cheap Studio Apartment in Matheson Park is at Lexington Place Apartments listed at $840.
How much is rent for a Cheap One Bedroom Matheson Park Apartment?
The lowest price for a Cheap One Bedroom Matheson Park Apartment is $850 at Casa Del Arroyo Apartments.
What is the lowest price for a Cheap Two Bedroom Matheson Park Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Matheson Park is starting from $865 at The Twelve 601.
What is the most affordable Matheson Park Three Bedroom Apartment?
The best deal on a cheap Matheson Park Three Bedroom Apartment rental is at MOUNTAIN VISTA and starts from $1,610.
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.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.