Cheap Homes for Rent in Merritt Acres Neighborhood of Albuquerque, NM from $1,500 (4 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
By AmenitiesDone
By Community TypeDone
Done

Search the lowest-cost Homes available for rent right now in the Merritt Acres area of Albuquerque.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

Merritt Acres, Albuquerque, NM Local Guide

Best Value Apartments for Rent in Merritt Acres, NM

As of July 31, 2025 the best value apartment in the Merritt Acres area is the $2.29 price per square foot Type C Model at Griegos Farms in the in the Northwest Quadrant neighborhood starting from $2,450. The second greatest value Merritt Acres apartment is the 2 Bed, 2 Bath Model at Lifestyles at Renaissance starting at $1,425 with a $1.70 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Griegos FarmsType C2BR,2BA$2.29
Lifestyles at Renaissance2 Bed, 2 Bath2BR,2BA$1.70
Villa EsperanzaTwo Bedroom One and a Half Bath2BR,1BA$1.37
Arroyo VistaTwo Bedroom, Two Bath (A)2BR,2BA$1.48
Comanche WellsB12BR,1BA$1.41
Peaks at Los RanchosDesert Breeze Renovated1BR,1BA$1.56
308 Veranda Rd NW, Unit Apt B308 Veranda Rd NWStudio ,1BA$1.50
SunchaseJr One Bedroom One Bath1BR,1BA$1.84
Rock CreekStudioStudio ,1BA$2.34
Cloverleaf ApartmentsFurnished StudioStudio ,1BA$2.71

Quick 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.

decorative image of people with a giant lease agreement

Frequently Asked Questions about Merritt Acres

What type of rentals are currently available in Merritt Acres?

There are currently 85 Apartments for Rent in Merritt Acres, NM with pricing that ranges from $603 to $4,995. There are also 9 Single Family Homes for rent, Condos, and Townhome rentals currently available in Merritt Acres ranging from $1,500 to $2,100.

What is the current price range for Rental Homes in Merritt Acres?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Merritt Acres ranges from $1,500 to $2,100 with an average monthly rent of $1,736.

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.

decorative image for A Local Experts Guide To The Best Budget-Friendly Neighborhoods to Rent in Albuquerque article

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.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

decorative image for Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting article

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

decorative image for Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.