
Cheap Apartments for Rent in the Midtown Albuquerque Neighborhood of Albuquerque, NM from $700 (31 Rentals)
Search the lowest-cost Apartments available for rent right now in the Midtown Albuquerque area of Albuquerque.


Encanto Lofts Apartments

Rock Creek

Total Monthly Price
Comanche Wells

Cedars - Free Cable & Internet*

Via Apartments

Mont 44 Apartments
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.

Total Monthly Price
Tesota Morningside

Arroyo Vista

Total Monthly Price
Sun Plaza

Sandia Shadows

4601 Douglas MacArthur Rd NE

Total Monthly Price
Glo Apartments

3705 Lafayette Dr NE, Unit 1
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.

Total Monthly Price
Siegel Select Albuquerque I

Q @ Vassar

3617 Wellesley Dr SE

Los Arcos

Villa Esperanza

Sun Pointe Park Apartments

Theta Apartments
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.

Villas Del Cielo

1/2 OFF FIRST MONTHS RENT

Salida Del Sol Apartments

Large Quiet Two Bedroom

Gracey's Nation - Truman Community

4806 Mescalero Rd NE

4712 Palo Duro Ave NE
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.

2838 Aliso Dr NE

3904 Goodrich Ave NE

1907 Girard Blvd 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 | $955 | $725 | $1,661 |
| Midtown Albuquerque 1 Bedroom Apartments | $1,102 | $835 | $1,778 |
| Midtown Albuquerque 2 Bedroom Apartments | $1,330 | $1,000 | $1,985 |
| Midtown Albuquerque 3 Bedroom Apartments | $1,620 | $1,066 | $3,504 |
Browse Apartments in this Neighborhood
There are currently 31 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 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Desert Creek Apartments | SRO-Sleeping room only | Studio,1BA | $725 |
| Encanto Lofts Apartments | Juniper - Studio + Den | Studio,1BA | $789 |
| Rock Creek | Studio | Studio,1BA | $799 |
| Via Apartments | 1 bedroom 1 bathroom TC | 1BR,1BA | $864 |
| Mont 44 Apartments | 1 Bedroom, 1 Bathroom TC | 1BR,1BA | $872 |
| Comanche Wells | A1 | 1BR,1BA | $925 |
| Arroyo Vista | One Bedroom | 1BR,1BA | $1,069 |
| Theta Apartments | KaloDuo | 2BR,2BA | $1,075 |
| Villas Del Cielo | 1 Bedroom | 1BR,1BA | $1,099 |
| Sandia Shadows | 2 Beds, 2 Baths | 2BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Via Apartments | 2 bedroom 1 bathroom Renovated | 2BR,1BA | $1.33 |
| Large Quiet Two Bedroom | Ele | 2BR,2BA | $1.45 |
| Theta Apartments | KaloDuo-Premium | 2BR,2BA | $1.28 |
| Sandia Shadows | 2 Beds, 2 Baths | 2BR,2BA | $1.37 |
| 1/2 OFF FIRST MONTHS RENT | 1BR/1.0BA | 1BR,1BA | $1.42 |
| Villa Esperanza | Two Bedroom One and a Half Bath | 2BR,1BA | $1.54 |
| Arroyo Vista | Two Bedroom | 2BR,1BA | $1.63 |
| Villas Del Cielo | 1 Bedroom | 1BR,1BA | $1.41 |
| Mont 44 Apartments | 1 bedroom Renovated MKT | 1BR,1BA | $1.93 |
| Comanche Wells | A1 | 1BR,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.
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 #176
Among cities in New Mexico for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet 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 $1,195.
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

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
Written by: Esther Lombardi
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.

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.
Articles, How-To's, and Tips

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
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.

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.

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.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.