Cheap Apartments for Rent in the McKinley Neighborhood of Albuquerque, NM from $700 (74 Rentals)

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

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Desert Creek Apartments
Rent Specials
$726 - $2,505
Total Monthly Price

Total Monthly Price

Base Rent
$726 - $2,505
Total Monthly Price
$726 - $2,505
Studio to 3 Bedroom Apartments Available Now

Desert Creek Apartments

4300 Pan American Fwy NEAlbuquerque, NM 87107
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Your Guide to the Best Neighborhoods to Rent Near Albuquerque’s Top Employers

Moving to Albuquerque? Find the best neighborhoods near Sandia Labs, Presbyterian Healthcare Services, and UNM. Cut your commute, boost your quality of life, and find your perfect apartment or rental home.

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Tesota Morningside
Rent Specials
$972 - $1,385
Total Monthly Price

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$972 - $1,385
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1 to 2 Bedroom Apartments Available Now

Tesota Morningside

3958 Montgomery Blvd NEAlbuquerque, NM 87109
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Sun Plaza
$990 - $2,746
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$990 - $2,746
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1 to 3 Bedroom Apartments Available Now

Sun Plaza

4400 Montgomery Blvd NEAlbuquerque, NM 87109
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Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Comanche Wells
Rent Specials
$1,034 - $3,027
Total Monthly Price

Total Monthly Price

Base Rent
$1,034 - $3,027
Total Monthly Price
$1,034 - $3,027
Studio to 2 Bedroom Apartments Available Aug 31

Comanche Wells

3400 Comanche Rd NEAlbuquerque, NM 87107
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Milo
Rent Specials
$1,085 - $1,538
Total Monthly Price

Total Monthly Price

Base Rent
$1,085 - $1,538
Total Monthly Price
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1 to 2 Bedroom Apartments Available Now

Milo

4217 Louisiana Blvd NEAlbuquerque, NM 87109
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AYA ABQ
$1,139 - $4,747
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$1,139 - $4,747
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1 to 2 Bedroom Apartments Available Now

AYA ABQ

5324 San Mateo Blvd NEAlbuquerque, NM 87109
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Glo Apartments
$1,220 - $1,642
Total Monthly Price

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$1,220 - $1,642
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Studio to 2 Bedroom Apartments Available Now

Glo Apartments

3901 Indian School Rd NEAlbuquerque, NM 87110
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property at 3825 Montgomery Blvd NE

$1,300

Total Monthly Price

Total Monthly Price

Base Rent
$1,300
Total Monthly Price
$1,300

1 Bedroom, 1 Bath Condo for Rent

Available Now

3825 Montgomery Blvd NE, Unit 127

3825 Montgomery Blvd NE
AlbuquerqueNM87109
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Casa Tierra
$1,325 - $5,339
Total Monthly Price

Total Monthly Price

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$1,325 - $5,339
Total Monthly Price
$1,325 - $5,339
1 to 3 Bedroom Apartments Available Now

Casa Tierra

4949 San Pedro Dr NEAlbuquerque, NM 87109
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Uptown Square
$1,386 - $1,636
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Total Monthly Price

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$1,386 - $1,636
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Studio to 2 Bedroom Apartments Available Now

Uptown Square

7000 Phoenix Ave NEAlbuquerque, NM 87110
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San Mateo Suites
Studio Apartments

San Mateo Suites

5001 San Mateo Ln NEAlbuquerque, NM 87109
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3505 Tyson Pl NE
4 Bedroom Apartments

3505 Tyson Pl NE

3505 Tyson Pl NEAlbuquerque, NM 87107
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Via Apartments
Studio to 3 Bedroom Apartments

Via Apartments

4321 Montgomery Blvd NEAlbuquerque, NM 87109
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Lincoln Place
Studio to 2 Bedroom Apartments

Lincoln Place

4401 San Pedro Dr NEAlbuquerque, NM 87109

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McKinley, Albuquerque, NM Local Guide

Cheapest Available McKinley Apartments for Rent

 

The cheapest available apartment rental in the McKinley area of Albuquerque, NM is a Studio unit found at Nova Ridge priced from $725. Desert Creek Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $726. Here are the most affordable McKinley apartments for rent in Albuquerque, NM:

Apartment ListingModel NameBed/BathPriced From
Nova RidgeS1Studio,1BA$725
Desert Creek ApartmentsSRO-Sleeping room onlyStudio,1BA$726
Pinewood EstatesStudioStudio,1BA$737
Mont 44 Apartments1 Bedroom, 1 Bathroom TC1BR,1BA$748
Rock CreekStudioStudio,1BA$750
Encanto Lofts ApartmentsJuniper - Studio + DenStudio,1BA$799
The Villas at UptownStudio ClassicStudio,1BA$800
Canyon Crest1 Bedroom 1 Bathroom1BR,1BA$823
Via Apartments1 bedroom 1 bathroom MKT1BR,1BA$850
San Pedro VillageAcoma StudioStudio,1BA$855

Best Value Apartments for Rent in McKinley, NM

As of August 08, 2026 the best value apartment in the McKinley area is the $1.53 price per square foot Jemez Platinum Model at Milo in the in the Northeast Quadrant neighborhood starting from $1,449. The second greatest value McKinley apartment is the B1 Model at Casa Tierra starting at $1,402 with a $1.48 price per square foot in the Baloon Fiesta Park neighborhood. Here is today’s list of the best values for McKinley apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
MiloJemez Platinum2BR,1BA$1.53
Casa TierraB12BR,1BA$1.48
Uptown Square1x1_9051BR,1BA$1.53
Peaks at Sandia View2x2R-9002BR,2BA$1.58
Theta ApartmentsKaloDuo2BR,2BA$1.18
Chelsea Village ApartmentsKaloDuo-Premium2BR,1BA$1.42
Villa EsperanzaTwo Bedroom One and a Half Bath2BR,1BA$1.54
Villas Del Cielo1 Bedroom1BR,1BA$1.41
Sunset PointeSM1X11BR,1BA$1.45
North Park ApartmentsAspen1BR,1BA$1.47

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.

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Don'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.

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Real 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.

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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.

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Pet Friendly Lifestyle
Mckinley, Albuquerque, NM

Ranked #39

Among cities in New Mexico for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Mckinley, Albuquerque, NM

School data provided by Great Schools

Lifestyle Ratings

ApartmentHomeLiving brings you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals and neighborhoods across the USA, including McKinley, Albuquerque, and the greater Albuquerque area. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including searching for the best amenities, and proximity to parks, family-friendliness, raising pets, transit options, and how walkable or bikeable each community and area is. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Frequently Asked Questions about Cheap McKinley Apartments

What is a cheap apartment in McKinley?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in McKinley is under $855.

What is the price of a cheap apartment in McKinley?

The cheapest apartment in McKinley is Mont 44 Apartments which is listed at $748, while the average apartment in McKinley costs $1,199.

What types of apartments are the cheapest in McKinley?

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 14 regular apartments in McKinley that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in McKinley?

Cheap apartments in McKinley have an average cost of $147 which is $1,052 cheaper than the average rent for all rentals in McKinley.

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.

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