Cheap Apartments for Rent in the Matheson Park Neighborhood of Albuquerque, NM from $700 (36 Rentals)

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

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

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

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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Los Altos Lofts
Studio Apartments

Los Altos Lofts

10330 Hotel Ave NEAlbuquerque, NM 87123
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Rio Vista Senior
1 Bedroom Apartments

Rio Vista Senior

770 Juan Tabo Blvd NEAlbuquerque, NM 87123
Senior Living
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Grandview Apartments
1 to 2 Bedroom Apartments

Grandview Apartments

1100 Chelwood Park Blvd NEAlbuquerque, NM 87112
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Montgomery Manor
2 to 4 Bedroom Apartments

Montgomery Manor

4301 Morris St NEAlbuquerque, NM 87111
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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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2813 Nakomis Dr NE
2 Bedroom Apartments

2813 Nakomis Dr NE

2813 Nakomis Dr NEAlbuquerque, NM 87112
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Matheson Park, Albuquerque, NM Local Guide

Cheapest Available Matheson Park Apartments for Rent

 

The cheapest available apartment rental in the Matheson Park area of Albuquerque, NM is a 1 Bed unit found at Lomas Gardens priced from $845. The Retreat at Candelaria has the second lowest priced unit, which is a 1 Bed apartment currently listed from $867. Here are the most affordable Matheson Park apartments for rent in Albuquerque, NM:

Apartment ListingModel NameBed/BathPriced From
Lomas Gardens1BR/1.0BA1BR,1BA$845
The Retreat at CandelariaArtesia1BR,1BA$867
Mission Hill ApartmentsThe Cottonwood1BR,1BA$925
Copper Hills1x11BR,1BA$954
Acacia GardensTaos Deluxe 11BR,1BA$955
Eagle Point ApartmentsPiquinStudio,1BA$955
Treehouse ApartmentsCedarStudio,1BA$999
Dorado HeightsA11BR,1BA$999
Sunrise ApartmentsLarge Two Bedroom2BR,1BA$1,020
Lexington Place ApartmentsOne Bedroom1BR,1BA$1,040

Best Value Apartments for Rent in Matheson Park, NM

As of May 28, 2025 the best value apartment in the Matheson Park area is the $1.45 price per square foot D1 Model at Sungate in the in the Northeast Quadrant neighborhood starting from $1,795. The second greatest value Matheson Park apartment is the Two Bedroom, Two Bath Model at Northeastern starting at $1,395 with a $1.33 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 ListingModel NameBed/BathPrice Per Sq.Ft.
SungateD13BR,2BA$1.45
NortheasternTwo Bedroom, Two Bath2BR,2BA$1.33
The Heights at TramwayTwo Bedroom One Bath2BR,1BA$1.34
Pinon TerraceOne Bedroom - Fully Remodeled1BR,1BA$1.37
Sunrise ApartmentsLarge Two Bedroom2BR,1BA$1.28
Panorama HeightsOne Bedroom1BR,1BA$1.47
Mission Hill ApartmentsThe Cottonwood1BR,1BA$1.29
Copper Hills1x11BR,1BA$1.36
Lomas Gardens1BR/1.0BA1BR,1BA$1.21
The Retreat at CandelariaArtesia1BR,1BA$1.38

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Matheson Park, Albuquerque, NM

Ranked #42

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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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!

Getting Around the Matheson Park Neighborhood in Albuquerque, NM

Walk Score®

83 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

74 / 100

Very Bikeable

Biking is convenient for most trips

Transit Score®

29 / 100

Some Transit

A few nearby public transportation options

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

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 Eagle Point Apartments listed at $955.

How much is rent for a Cheap One Bedroom Matheson Park Apartment?

The lowest price for a Cheap One Bedroom Matheson Park Apartment is $845 at Lomas Gardens.

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 $950 at Lomas Gardens.

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 $1,599.

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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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.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.