Cheap Apartments for Rent in the Midtown Albuquerque Neighborhood of Albuquerque, NM from $700 (31 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
$725 - $2,372
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$725 - $2,372

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Studio to 3 Bedroom Apartments Available Now

Desert Creek Apartments

4300 Pan American Fwy NEAlbuquerque, NM 87107
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Comanche Wells
Rent Specials
$828 - $2,849
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$828 - $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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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.

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Tesota Morningside
Rent Specials
$952 - $1,365
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$952 - $1,365

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1 to 2 Bedroom Apartments Available Jun 26

Tesota Morningside

3958 Montgomery Blvd NEAlbuquerque, NM 87109
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Sun Plaza
Rent Specials
$1,134 - $3,504
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$1,134 - $3,504

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1 to 3 Bedroom Apartments Available Now

Sun Plaza

4400 Montgomery Blvd NEAlbuquerque, NM 87109
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Glo Apartments
$1,282 - $1,985
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$1,282 - $1,985

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Studio to 2 Bedroom Apartments Available Now

Glo Apartments

3901 Indian School Rd NEAlbuquerque, NM 87110
Transit Friendly
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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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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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Theta Apartments
1 to 2 Bedroom Apartments

Theta Apartments

3900 Tulane Dr NEAlbuquerque, NM 87107

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.

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Villas Del Cielo
1 to 2 Bedroom Apartments

Villas Del Cielo

3131 Adams St NEAlbuquerque, NM 87110

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.

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 Desert Creek Apartments priced from $725. Encanto Lofts Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $789. Here are the most affordable Midtown Albuquerque apartments for rent in Albuquerque, NM:

Apartment ListingModel NameBed/BathPriced From
Desert Creek ApartmentsSRO-Sleeping room onlyStudio,1BA$725
Encanto Lofts ApartmentsJuniper - Studio + DenStudio,1BA$789
Rock CreekStudioStudio,1BA$799
Via Apartments1 bedroom 1 bathroom TC1BR,1BA$864
Mont 44 Apartments1 Bedroom, 1 Bathroom TC1BR,1BA$872
Comanche WellsA11BR,1BA$925
Arroyo VistaOne Bedroom1BR,1BA$1,069
Theta ApartmentsKaloDuo2BR,2BA$1,075
Villas Del Cielo1 Bedroom1BR,1BA$1,099
Sandia Shadows2 Beds, 2 Baths2BR,2BA$1,195

Best Value Apartments for Rent in Midtown Albuquerque, NM

As of June 22, 2026 the best value apartment in the Midtown Albuquerque area is the $1.33 price per square foot 2 bedroom 1 bathroom Renovated Model at Via Apartments in the in the North Valley neighborhood starting from $1,325. The second greatest value Midtown Albuquerque apartment is the Ele Model at Large Quiet Two Bedroom starting at $1,350 with a $1.45 price per square foot in the Netherwood Park 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.
Via Apartments2 bedroom 1 bathroom Renovated2BR,1BA$1.33
Large Quiet Two BedroomEle2BR,2BA$1.45
Theta ApartmentsKaloDuo-Premium2BR,2BA$1.28
Sandia Shadows2 Beds, 2 Baths2BR,2BA$1.37
1/2 OFF FIRST MONTHS RENT1BR/1.0BA1BR,1BA$1.42
Villa EsperanzaTwo Bedroom One and a Half Bath2BR,1BA$1.54
Arroyo VistaTwo Bedroom2BR,1BA$1.63
Villas Del Cielo1 Bedroom1BR,1BA$1.41
Mont 44 Apartments1 bedroom Renovated MKT1BR,1BA$1.93
Comanche WellsA11BR,1BA$1.78

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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Pet Friendly Lifestyle
Midtown Albuquerque, Albuquerque, NM

Ranked #176

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 $1,195.

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 $1,550.

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 26 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 $531 which is $1,019 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

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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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Your Guide to the Best Neighborhoods to Rent Near Albuquerques Top Employers

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I still recollect my first morning commute in Albuquerque.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

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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.

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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.

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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.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

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Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.