
Cheap Apartments for Rent in the Midtown Albuquerque Neighborhood of Albuquerque, NM from $500 (7 Rentals)
Search the lowest-cost Apartments available for rent right now in the Midtown Albuquerque area of Albuquerque.


Encanto Lofts Apartments

Cedars - Free Cable & Internet*

Rock Creek

4747 Spanish Sun Ave NE
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 | $870 | $558 | $1,661 |
| Midtown Albuquerque 1 Bedroom Apartments | $1,059 | $890 | $1,399 |
| Midtown Albuquerque 2 Bedroom Apartments | $1,301 | $1,010 | $1,627 |
| Midtown Albuquerque 3 Bedroom Apartments | $1,726 | $1,331 | $2,562 |
Browse Apartments in this Neighborhood
There are currently 7 rentals with your search options within a 2 mile radius of the Midtown Albuquerque Neighborhood of Albuquerque, NM.
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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 Desert Creek Apartments priced from $558. Encanto Lofts Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $824. Here are the most affordable Midtown Albuquerque apartments for rent in Albuquerque, NM:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Desert Creek Apartments | SRO-Sleeping room only | Studio,1BA | $558 |
| Encanto Lofts Apartments | Juniper - Junior One Bedroom One Bath | Studio,1BA | $824 |
| Rock Creek | Studio | Studio,1BA | $845 |
Best Value Apartments for Rent in Midtown Albuquerque, NM
As of November 09, 2025 the best value apartment in the Midtown Albuquerque area is the $1.23 price per square foot 2 bedroom 2 bathroom MKT Model at Via Apartments in the in the North Valley neighborhood starting from $1,350. The second greatest value Midtown Albuquerque apartment is the Renovated 2-Bedroom A Model at Glo Apartments starting at $1,496 with a $1.43 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Via Apartments | 2 bedroom 2 bathroom MKT | 2BR,2BA | $1.23 |
| Glo Apartments | Renovated 2-Bedroom A | 2BR,2BA | $1.43 |
| 1/2 OFF FIRST MONTHS RENT | 1BR/1.0BA | 1BR,1BA | $1.34 |
| Villas Del Cielo | 1 Bedroom | 1BR,1BA | $1.41 |
| Arroyo Vista | One Bedroom | 1BR,1BA | $1.34 |
| Gracey's Nation - Truman Community | Studio | Studio ,1BA | $2.29 |
| Villa Esperanza | One Bedroom One Bath | 1BR,1BA | $1.71 |
| Tesota Morningside | A1AR | 1BR,1BA | $1.71 |
| Encanto Lofts Apartments | Aspen - One Bedroom One Bath | 1BR,1BA | $1.97 |
| Comanche Wells | S1 | Studio ,1BA | $2.16 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleMidtown Albuquerque, Albuquerque, NM
Ranked #176
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 $1,099.
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 $890, while the average apartment in Midtown Albuquerque costs $1,485.
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 7 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 $364 which is $1,121 cheaper than the average rent for all rentals in Midtown Albuquerque.
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.

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.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

