
Cheap Homes for Rent in Matheson Park Neighborhood of Albuquerque, NM from $900 (15 Rentals)
Search the lowest-cost Homes available for rent right now in the Matheson Park area of Albuquerque.


1212 Chelwood Park Blvd NE

12205 Eric Ct NE

10204 Candelaria Rd NE, Unit 10204

1415 Chelwood Park Blvd NE
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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.

12013 Stilwell Pl NE

8301 Comanche Ct NE

8801 Natalie Ave NE

8432 Chambers Ct NE

8445 Chambers Ct 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.

2401 Chelwood Park Blvd NE

4929 Osuna Pl NE

10211 Blume St NE

1721 Utah St NE

8902 Spain Rd NE
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Matheson Park, Albuquerque, NM Local Guide

How much does it cost to rent a home in Matheson Park?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Matheson Park 2 Bedroom Homes for Rent | $1,377 | $900 | $1,995 |
| Matheson Park 3 Bedroom Homes for Rent | $2,617 | $1,850 | $4,000 |
| Matheson Park 4 Bedroom Homes for Rent | $2,650 | $2,200 | $3,500 |
Browse Homes for Rent in this Neighborhood
There are currently 15 rentals with your search options within a 2 mile radius of the Matheson Park Neighborhood of Albuquerque, NM.
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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 |
Best Value Apartments for Rent in Matheson Park, NM
As of June 11, 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 Two Bedroom One Bath Model at The Heights at Tramway starting at $1,199 with a $1.34 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 |
| The Heights at Tramway | Two Bedroom One Bath | 2BR,1BA | $1.34 |
| Los Altos Towers | One Bedroom One Bath | 1BR,1BA | $1.33 |
| Wyoming Place Apartments | 1 Bed B | 1BR,1BA | $1.43 |
| Copper Hills | 1x1 | 1BR,1BA | $1.43 |
| Monterey Manor Apartments | KaloSolo-Premium | 1BR,1BA | $1.36 |
| Executive East Apartments | 1 Beds, 1 Baths | 1BR,1BA | $1.25 |
| The Twelve 601 | 1BR/1.0BA | 1BR,1BA | $1.09 |
| 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
Frequently Asked Questions about Matheson Park
What type of rentals are currently available in Matheson Park?
There are currently 171 Apartments for Rent in Matheson Park, NM with pricing that ranges from $700 to $3,000. There are also 32 Single Family Homes for rent, Condos, and Townhome rentals currently available in Matheson Park ranging from $900 to $4,000.
What is the current price range for Rental Homes in Matheson Park?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Matheson Park ranges from $900 to $4,000 with an average monthly rent of $2,023.
How much are larger Three and Four Bedroom Rentals in Matheson Park?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Matheson Park range from $1,500 to $2,150, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,850 to $4,000. Four Bedroom Single-Family rentals are also available starting from $2,200 and Four Bedroom Apartments start at $3,000.
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.

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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.

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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
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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.