
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.


The Twelve 601

Casa Del Arroyo Apartments

Executive East Apartments

Executive West - Senior Community

Rio Vista Senior Apartments

2408 Chelwood Park Blvd NE, Unit D

Dorado Heights

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.

Lexington Place Apartments

Total Monthly Price
Copper Hills

Arlo Apartments

Total Monthly Price
Eagle Point Apartments

Three Fountains

12124 Indian School Rd NE

Sunrise Apartments

Sedona Ridge

Wyoming Place Apartments

940 Chelwood Park Blvd 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.

8313 Marquette Ave. NE

La Vida Buena Apartments

Total Monthly Price
Calero

Pinon Terrace

Total Monthly Price
Canoan Village

Total Monthly Price
CIBOLA VILLAGE

Villa Serena Apartments

Northpointe Village

Total Monthly Price
The Reserve

Northeastern
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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
12001 Phoenix Ave NE, Unit C

The Heights at Tramway

10204 Candelaria Rd NE, Unit 10204

Tesoro on Spain

Total Monthly Price
MOUNTAIN VISTA

Grove at Tramway

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VILLA LA CHARLES

Total Monthly Price
Sierra Meadows

11101 Towner Ave NE

Inca - FREE Utilities
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
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Los Altos Lofts

Grandview Apartments

Virginian Apartments

Mission Hill Apartments

Santa Clara Apartments

Monterey Manor Apartments

Las Vistas I

Pine Lane Apartments

Treehouse

1212 Chelwood Park Blvd NE
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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 | $835 | $700 | $1,242 |
| Matheson Park 1 Bedroom Apartments | $1,205 | $765 | $2,439 |
| Matheson Park 2 Bedroom Apartments | $1,455 | $850 | $2,973 |
| Matheson Park 3 Bedroom Apartments | $1,823 | $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 Juniper Flats priced from $700. The Twelve 601 has the second lowest priced unit, which is a 1 Bed apartment currently listed from $765. Here are the most affordable Matheson Park apartments for rent in Albuquerque, NM:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Juniper Flats | Arroyo | Studio,1BA | $700 |
| The Twelve 601 | 1BR/1.0BA | 1BR,1BA | $765 |
| Casa Del Arroyo Apartments | 1bd/1ba | 1BR,1BA | $850 |
| Monterey Manor Apartments | KaloSolo | 1BR,1BA | $875 |
| Executive East Apartments | 1 Beds, 1 Baths | 1BR,1BA | $875 |
| Rio Vista Senior Apartments | Income-Restricted One Bedroom Senior Apartment ... | 1BR,1BA | $890 |
| Pine Lane Apartments | KaloSolo | 1BR,1BA | $925 |
| Dorado Heights | A | Studio,1BA | $925 |
| The Retreat at Candelaria | Artesia | 1BR,1BA | $928 |
| Treehouse | Willow | Studio,1BA | $934 |
Best Value Apartments for Rent in Matheson Park, NM
As of June 14, 2026 the best value apartment in the Matheson Park area is the $1.39 price per square foot 12204 Menaul Blvd NE Model at 12204 Menaul Blvd NE, Unit A in the in the Northeast Quadrant neighborhood starting from $1,950. The second greatest value Matheson Park apartment is the Two Bedroom - Fully Remodeled Model at Pinon Terrace starting at $1,245 with a $1.13 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. |
|---|---|---|---|
| 12204 Menaul Blvd NE, Unit A | 12204 Menaul Blvd NE | 3BR,2BA | $1.39 |
| Pinon Terrace | Two Bedroom - Fully Remodeled | 2BR,1BA | $1.13 |
| The Heights at Tramway | Two Bedroom One Bath | 2BR,1BA | $1.34 |
| Los Altos Towers | One Bedroom One Bath | 1BR,1BA | $1.33 |
| Copper Hills | 1x1 | 1BR,1BA | $1.36 |
| Monterey Manor Apartments | KaloSolo-Premium | 1BR,1BA | $1.36 |
| The Twelve 601 | 1BR/1.0BA | 1BR,1BA | $1.09 |
| Executive East Apartments | 1 Beds, 1 Baths | 1BR,1BA | $1.25 |
| Pine Lane Apartments | KaloSolo | 1BR,1BA | $1.42 |
| Casa Del Arroyo Apartments | 1bd/1ba | 1BR,1BA | $1.36 |
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 ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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 Juniper Flats listed at $700.
How much is rent for a Cheap One Bedroom Matheson Park Apartment?
The lowest price for a Cheap One Bedroom Matheson Park Apartment is $765 at The Twelve 601.
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 $845 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 Monterey Manor Apartments and starts from $1,650.
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.
Helpful Local Expert Guides

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.

The Students Guide to Albuquerque: Top Neighborhoods That Put CNM and UNM Life Within Reach
Written by: Esther Lombardi
There’s more to Albuquerque than just the breathtaking landscapes and tasty green chilies. As both a student and a parent, I see Albuquerque as a learning hub that nurtures curiosity and encourages growth and enrichment.

Albuquerque Uncovered: Your Local Experts Guide to the High Desert City
Written by: Esther Lombardi
Hello from Albuquerque, New Mexico! I’m Esther, your ApartmentHomeLiving.com Local Expert for Albuquerque, and I’m here to give you the inside scoop on this unique city.

Your Guide to the Best Neighborhoods to Rent Near Albuquerques Top Employers
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I still recollect my first morning commute in Albuquerque.
Articles, How-To's, and Tips

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.