Cheap Apartments for Rent in the Midtown Albuquerque Neighborhood of Albuquerque, NM from $700 (17 Rentals)

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

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Desert Creek Apartments
Rent Specials
$780 - $1,655
Total Monthly Price

Total Monthly Price

Base Rent
$616 - $1,491
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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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  • Customer Reviewed
  • 3D Tour
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Comanche Wells
Rent Specials
$787 - $2,850
Total Monthly Price

Total Monthly Price

Base Rent
$772 - $2,835
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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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  • Customer Reviewed
  • Low Income

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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Tesota Morningside
Rent Specials
$952 - $1,330
Total Monthly Price

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$915 - $1,293
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1 to 2 Bedroom Apartments Available Now

Tesota Morningside

3958 Montgomery Blvd NEAlbuquerque, NM 87109
Affordability
  • Verified
  • Customer Reviewed
  • 3D Tour

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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.

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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

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.

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Theta Apartments
1 to 2 Bedroom Apartments

Theta Apartments

3900 Tulane Dr NEAlbuquerque, NM 87107

Midtown Albuquerque, Albuquerque, NM Local Guide

Cheapest Available Midtown Albuquerque Apartments for Rent

 

The cheapest available apartment rental in the Midtown Albuquerque area of Albuquerque, NM is a Studio unit found at Encanto Lofts Apartments priced from $799. Rock Creek has the second lowest priced unit, which is a Studio apartment currently listed from $799. Here are the most affordable Midtown Albuquerque apartments for rent in Albuquerque, NM:

Apartment ListingModel NameBed/BathPriced From
Encanto Lofts ApartmentsJuniper - Studio + DenStudio,1BA$799
Rock CreekStudioStudio,1BA$799
Mont 44 Apartments1 bedroom, 1 bathroom Market1BR,1BA$800
Via ApartmentsStudioMKTStudio,1BA$820
Desert Creek ApartmentsThe SonoranStudio,1BA$902

Best Value Apartments for Rent in Midtown Albuquerque, NM

As of March 21, 2026 the best value apartment in the Midtown Albuquerque area is the $1.45 price per square foot 2 bedroom 2 bath Renovated MKT Model at Mont 44 Apartments in the in the North Valley neighborhood starting from $1,395. The second greatest value Midtown Albuquerque 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 Midtown Albuquerque apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Mont 44 Apartments2 bedroom 2 bath Renovated MKT2BR,1BA$1.45
Theta ApartmentsKaloDuo2BR,2BA$1.20
Tesota MorningsideB2BR2BR,2BA$1.54
Cloverleaf Apartments1BR/1.0BA1BR,1BA$1.34
Villa EsperanzaTwo Bedroom One and a Half Bath2BR,1BA$1.54
Arroyo VistaTwo Bedroom2BR,1BA$1.48
Villas Del Cielo1 Bedroom1BR,1BA$1.41
Q @ VassarWillow2BR,1BA$1.92
Comanche WellsB12BR,1BA$1.54
Via ApartmentsStudioMKTStudio ,1BA$1.64

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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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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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.

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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
Midtown Albuquerque, Albuquerque, NM

Ranked #164

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

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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Lifestyle Ratings

Our team compiles millions of data points to bring you comprehensive Lifestyle Ratings of rentals and neighborhoods across the USA, including Midtown Albuquerque, Albuquerque, and the greater Albuquerque area. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including filtering automatically for proximity to parks, luxury housing options, pet-friendly features, places to raise kids, proximity to transit, and much more. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Frequently Asked Questions about Cheap Midtown Albuquerque Apartments

What is a cheap apartment in Midtown Albuquerque?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Midtown Albuquerque is under $1,150.

What is the price of a cheap apartment in Midtown Albuquerque?

The cheapest apartment in Midtown Albuquerque is Mont 44 Apartments which is listed at $800, while the average apartment in Midtown Albuquerque costs $2,400.

What types of apartments are the cheapest in Midtown Albuquerque?

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 34 regular apartments in Midtown Albuquerque 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 Midtown Albuquerque?

Cheap apartments in Midtown Albuquerque have an average cost of $497 which is $1,903 cheaper than the average rent for all rentals in Midtown Albuquerque.

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.

Articles, How-To's, and Tips

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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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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.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

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Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.