
Cheap Apartments for Rent in the Midtown Albuquerque Neighborhood of Albuquerque, NM from $700 (19 Rentals)
Search the lowest-cost Apartments available for rent right now in the Midtown Albuquerque area of Albuquerque.


Via Apartments

Total Monthly Price
Desert Creek Apartments

Encanto Lofts Apartments

Cedars - Free Cable & Internet*

4747 Spanish Sun Ave NE
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.

Rock Creek

Total Monthly Price
Tesota Morningside

Mont 44 Apartments

Arroyo Vista

Total Monthly Price
Sun Plaza

4601 Douglas MacArthur Rd NE
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.

3617 Wellesley Dr SE

Los Arcos

Villa Esperanza

3528 Tyson Pl NE

Sun Pointe Park Apartments

Theta Apartments
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Villas Del Cielo
Midtown Albuquerque, Albuquerque, NM Local Guide

How much does it cost to rent an apartment in Midtown Albuquerque?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Midtown Albuquerque Studio Apartments | $967 | $775 | $1,661 |
| Midtown Albuquerque 1 Bedroom Apartments | $1,067 | $864 | $1,414 |
| Midtown Albuquerque 2 Bedroom Apartments | $1,273 | $936 | $1,852 |
| Midtown Albuquerque 3 Bedroom Apartments | $1,534 | $1,166 | $1,882 |
| Midtown Albuquerque 4 Bedroom Apartments | $2,400 | $2,400 | $2,400 |
Browse Apartments in this Neighborhood
There are currently 19 rentals with your search options within a 2 mile radius of the Midtown Albuquerque Neighborhood of Albuquerque, NM.
See all Apartments in AlbuquerqueExplore Albuquerque
Midtown Albuquerque, Albuquerque, NM Local Guide
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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 Comanche Wells priced from $765. Desert Creek Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $815. Here are the most affordable Midtown Albuquerque apartments for rent in Albuquerque, NM:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Comanche Wells | S1 | Studio,1BA | $765 |
| Desert Creek Apartments | SRO-Sleeping room only | Studio,1BA | $815 |
| Encanto Lofts Apartments | Aspen - One Bedroom One Bath | 1BR,1BA | $835 |
| Mont 44 Apartments | 1 Bedroom, 1 Bathroom TC | 1BR,1BA | $964 |
| Arroyo Vista | One Bedroom | 1BR,1BA | $971 |
Best Value Apartments for Rent in Midtown Albuquerque, NM
As of May 08, 2026 the best value apartment in the Midtown Albuquerque 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 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Via Apartments | 3 bedroom 2 bathroom TC | 3BR,2BA | $1.02 |
| Theta Apartments | KaloDuo | 2BR,2BA | $1.20 |
| Tesota Morningside | B2AR | 2BR,1BA | $1.44 |
| Sun Plaza | Topaz Platinum | 2BR,1.5BA | $1.75 |
| Villa Esperanza | Two Bedroom One and a Half Bath | 2BR,1BA | $1.54 |
| Arroyo Vista | Two Bedroom | 2BR,1BA | $1.48 |
| Villas Del Cielo | 1 Bedroom | 1BR,1BA | $1.41 |
| Mont 44 Apartments | 1 bedroom Renovated MKT | 1BR,1BA | $1.78 |
| Encanto Lofts Apartments | Juniper - Studio + Den | Studio ,1BA | $2.08 |
| Comanche Wells | S1 | Studio ,1BA | $1.82 |
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.
Pet Friendly LifestyleMidtown Albuquerque, Albuquerque, NM
Ranked #171
Among cities in New Mexico for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
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 $1,243.
What is the price of a cheap apartment in Midtown Albuquerque?
The cheapest apartment in Midtown Albuquerque is Encanto Lofts Apartments which is listed at $835, 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 18 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 $620 which is $1,780 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.
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
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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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