
Cheap Apartments for Rent in the Merritt Acres Neighborhood of Albuquerque, NM from $400 (26 Rentals)
Search the lowest-cost Apartments available for rent right now in the Merritt Acres area of Albuquerque.


516 Candelaria Rd NW

Total Monthly Price
Desert Creek Apartments

Rock Creek

3204 Comanche Rd NE

513 Candelaria Rd NW
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.

Total Monthly Price
Comanche Wells

Sunchase Apartments

Lifestyles at Renaissance

Total Monthly Price
Tesota Morningside

3508 Lafayette Dr NE

Arroyo Vista
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.

Calle Cuarta

Candelaria Gardens

3617 Wellesley Dr SE

Aztec Manor

4601 Carlisle Blvd NE

3509 Tulane Dr NE
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
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.

Faraday

426 Headingly Ave NW

Villa Esperanza

Fourth Street Flats

Sun Pointe Park Apartments

114 Sandia Rd NW
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

917 Headingly Ave NW

Trailhead at Chamizal - NOW LEASING
Merritt Acres, Albuquerque, NM Local Guide

How much does it cost to rent an apartment in Merritt Acres?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Merritt Acres Studio Apartments | $861 | $700 | $1,125 |
| Merritt Acres 1 Bedroom Apartments | $1,071 | $800 | $2,805 |
| Merritt Acres 2 Bedroom Apartments | $1,457 | $975 | $2,465 |
| Merritt Acres 3 Bedroom Apartments | $1,508 | $1,474 | $1,610 |
Browse Apartments in this Neighborhood
There are currently 26 rentals with your search options within a 2 mile radius of the Merritt Acres Neighborhood of Albuquerque, NM.
See all Apartments in AlbuquerqueExplore Albuquerque
Merritt Acres, Albuquerque, NM Local Guide
- Nearby Albuquerque neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
Cheapest Available Merritt Acres Apartments for Rent
 The cheapest available apartment rental in the Merritt Acres area of Albuquerque, NM is a Studio unit found at Desert Creek Apartments priced from $725. Rock Creek has the second lowest priced unit, which is a Studio apartment currently listed from $799. Here are the most affordable Merritt Acres apartments for rent in Albuquerque, NM:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Desert Creek Apartments | SRO-Sleeping room only | Studio,1BA | $725 |
| Rock Creek | Studio | Studio,1BA | $799 |
| Sunchase Apartments | Jr 1x1 | 1BR,1BA | $905 |
| Comanche Wells | A1 | 1BR,1BA | $938 |
| Arroyo Vista | One Bedroom | 1BR,1BA | $1,069 |
| Theta Apartments | KaloDuo | 2BR,2BA | $1,105 |
| 1/2 OFF FIRST MONTHS RENT | 1BR/1.0BA | 1BR,1BA | $1,225 |
| Villa Esperanza | Two Bedroom One and a Half Bath | 2BR,1BA | $1,234 |
| Peaks at Los Ranchos | Sequoia Renovated | 2BR,1BA | $1,399 |
| Lifestyles at Renaissance | 2 Bed, 2 Bath | 2BR,2BA | $1,440 |
Best Value Apartments for Rent in Merritt Acres, NM
As of July 06, 2026 the best value apartment in the Merritt Acres area is the $1.43 price per square foot Sequoia Renovated Model at Peaks at Los Ranchos in the in the Northwest Quadrant neighborhood starting from $1,399. The second greatest value Merritt Acres apartment is the KaloDuo-Premium Model at Theta Apartments starting at $1,180 with a $1.32 price per square foot in the Northwest Quadrant neighborhood. Here is today’s list of the best values for Merritt Acres apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Peaks at Los Ranchos | Sequoia Renovated | 2BR,1BA | $1.43 |
| Theta Apartments | KaloDuo-Premium | 2BR,2BA | $1.32 |
| 1/2 OFF FIRST MONTHS RENT | 1BR/1.0BA | 1BR,1BA | $1.42 |
| Lifestyles at Renaissance | 2 Bed, 2 Bath | 2BR,2BA | $1.71 |
| Villa Esperanza | Two Bedroom One and a Half Bath | 2BR,1BA | $1.54 |
| Arroyo Vista | Two Bedroom | 2BR,1BA | $1.63 |
| Sunchase Apartments | Jr 1x1 | 1BR,1BA | $1.66 |
| Comanche Wells | A1 | 1BR,1BA | $1.80 |
| Rock Creek | Studio | Studio ,1BA | $2.19 |
| Desert Creek Apartments | SRO-Sleeping room only | Studio ,1BA | $4.22 |
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 Merritt Acres, Albuquerque, NM
School data provided by Great Schools
Lifestyle Ratings
ApartmentHomeLiving brings you Lifestyle Ratings of rentals in cities across the United States, including Albuquerque. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including rankings of the best places for the best proximity to parks and outdoor amenities, luxury amenities, places to raise kids, raising pets, transit options, walking, and biking. Find Lifestyle Search in the filter options (above). Happy Searching!
Frequently Asked Questions about Cheap Merritt Acres Apartments
What is a cheap apartment in Merritt Acres?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Merritt Acres is under $1,440.
What is the price of a cheap apartment in Merritt Acres?
The cheapest apartment in Merritt Acres is Sunchase Apartments which is listed at $905, while the average apartment in Merritt Acres costs $1,474.
What types of apartments are the cheapest in Merritt Acres?
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 9 regular apartments in Merritt Acres 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 Merritt Acres?
Cheap apartments in Merritt Acres have an average cost of $601 which is $873 cheaper than the average rent for all rentals in Merritt Acres.
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
Written by: Esther Lombardi
I still recollect my first morning commute in Albuquerque.
Articles, How-To's, and Tips

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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.