Cheap Apartments for Rent in the McKinley Neighborhood of Albuquerque, NM from $700 (60 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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Comanche Wells
Rent Specials
$765 - $2,849
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$765 - $2,849

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Studio to 2 Bedroom Apartments Available Now

Comanche Wells

3400 Comanche Rd NEAlbuquerque, NM 87107
Corporate Housing
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  • Low Income
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Desert Creek Apartments
Rent Specials
$817 - $2,069
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$817 - $2,069

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Studio to 3 Bedroom Apartments Available Now

Desert Creek Apartments

4300 Pan American Fwy NEAlbuquerque, NM 87107
Affordability
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Tesota Morningside
Rent Specials
$952 - $1,330
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$952 - $1,330

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1 to 2 Bedroom Apartments Available Now

Tesota Morningside

3958 Montgomery Blvd NEAlbuquerque, NM 87109
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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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Milo
Rent Specials
$1,002 - $1,388
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$1,002 - $1,388

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1 to 2 Bedroom Apartments Available Now

Milo

4217 Louisiana Blvd NEAlbuquerque, NM 87109
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Sun Plaza
Rent Specials
$1,097 - $1,882
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$1,097 - $1,882

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1 to 3 Bedroom Apartments Available Now

Sun Plaza

4400 Montgomery Blvd NEAlbuquerque, NM 87109
Affordability
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  • Customer Reviewed
  • 3D Tour

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Glo Apartments
$1,233 - $1,852
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$1,233 - $1,852

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Studio to 2 Bedroom Apartments Available May 15

Glo Apartments

3901 Indian School Rd NEAlbuquerque, NM 87110
Transit Friendly
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AYA ABQ
$1,154 - $4,165
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$1,154 - $4,165

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1 to 2 Bedroom Apartments Available Now

AYA ABQ

5324 San Mateo Blvd NEAlbuquerque, NM 87109
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Casa Tierra
Rent Specials
$1,326 - $5,495
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$1,326 - $5,495

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1 to 3 Bedroom Apartments Available Now

Casa Tierra

4949 San Pedro Dr NEAlbuquerque, NM 87109
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Siegel Select ABQ I
$1,363 - $1,661
Total Monthly Price

Total Monthly Price

Base Rent
$1,363 - $1,661

Total Monthly Price
$1,363 - $1,661
Studio Apartments Available Now

Siegel Select ABQ I

2500 University Blvd NEAlbuquerque, NM 87107
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San Mateo Suites
Studio Apartments

San Mateo Suites

5001 San Mateo Ln NEAlbuquerque, NM 87109
  • Utilities Included
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Nova Peak
Studio to 1 Bedroom Apartments

Nova Peak

1200 Louisiana Blvd NEAlbuquerque, NM 87110
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Lincoln Place
Studio to 2 Bedroom Apartments

Lincoln Place

4401 San Pedro Dr NEAlbuquerque, NM 87109
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Del Lago Apartments
1 Bedroom Apartments

Del Lago Apartments

1505 Girard Blvd NEAlbuquerque, NM 87106
Student Housing
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Los Arcos
1 Bedroom Apartments

Los Arcos

1813 Girard Blvd NEAlbuquerque, NM 87106
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Villa Esperanza
1 to 4 Bedroom Apartments

Villa Esperanza

3901 Lafayette DrAlbuquerque, NM 87107

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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. Comanche Wells has the second lowest priced unit, which is a Studio apartment currently listed from $765. Here are the most affordable McKinley apartments for rent in Albuquerque, NM:

Apartment ListingModel NameBed/BathPriced From
Nova RidgeS1Studio,1BA$725
Comanche WellsS1Studio,1BA$765
The Villas @ UptownStudio UpgradeStudio,1BA$800
Desert Creek ApartmentsSRO-Sleeping room onlyStudio,1BA$817
Encanto Lofts ApartmentsAspen - One Bedroom One Bath1BR,1BA$835
Nova Peak1BR/1.0BA1BR,1BA$850
Pinewood EstatesStudioStudio,1BA$874
Candlelight SquareSilver Sage1BR,1BA$899
Sunchase ApartmentsJr 1x11BR,1BA$905
Norte Villas ApartmentsOne Bedroom One Bath - 457 Sq Ft1BR,1BA$909

Best Value Apartments for Rent in McKinley, NM

As of May 08, 2026 the best value apartment in the McKinley area is the $1.02 price per square foot 3 bedroom 2 bathroom TC Model at Via Apartments in the in the North Valley neighborhood starting from $1,331. The second greatest value McKinley apartment is the KaloDuo Model at Theta Apartments starting at $1,075 with a $1.20 price per square foot in the Northwest Quadrant 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.
Via Apartments3 bedroom 2 bathroom TC3BR,2BA$1.02
Theta ApartmentsKaloDuo2BR,2BA$1.20
The LakesTwo Bedroom One Bath2BR,1BA$1.48
Tesota MorningsideB2AR2BR,1BA$1.44
Villa EsperanzaTwo Bedroom One and a Half Bath2BR,1BA$1.54
Arroyo VistaTwo Bedroom2BR,1BA$1.48
Villas Del Cielo1 Bedroom1BR,1BA$1.41
Sunset PointeSM1X11BR,1BA$1.45
Woodberry Heights1x1C1BR,1BA$1.45
North Park ApartmentsBirch1BR,1BA$1.54

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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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 #25

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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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 $909.

What is the price of a cheap apartment in McKinley?

The cheapest apartment in McKinley is Encanto Lofts Apartments which is listed at $835, while the average apartment in McKinley costs $2,400.

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 36 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 $430 which is $1,970 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.

Helpful Local Expert Guides

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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 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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Albuquerque Uncovered: Your Local Experts Guide to the High Desert City

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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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This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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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.

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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.