Cheap Apartments for Rent in the Midtown Neighborhood of Albuquerque, NM from $600 (16 Rentals)

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

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Check Out Albuquerque’s Best Affordable Neighborhoods

Learn about Albuquerque and the best places to live with original content written by our Local Expert Esther Lombardi

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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

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Midtown, Albuquerque, NM Local Guide

Cheapest Available Midtown Apartments for Rent

 

The cheapest available apartment rental in the Midtown area of Albuquerque, NM is a Studio unit found at Desert Creek Apartments priced from $615. Encanto Lofts Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $750. Here are the most affordable Midtown apartments for rent in Albuquerque, NM:

Apartment ListingModel NameBed/BathPriced From
Desert Creek ApartmentsSRO-Sleeping room onlyStudio,1BA$615
Encanto Lofts ApartmentsYucca - StudioStudio,1BA$750
Union 505StudioStudio,1BA$849
Rock CreekStudioStudio,1BA$855
Tesota MorningsideA1A1BR,1BA$915

Best Value Apartments for Rent in Midtown, NM

As of June 02, 2025 the best value apartment in the Midtown area is the $1.41 price per square foot Four Bedroom Two Bath Model at Villa Esperanza in the in the Northwest Quadrant neighborhood starting from $1,586. The second greatest value Midtown apartment is the 2 bedroom 1 bathroom Renovated Model at Via Apartments starting at $1,325 with a $1.33 price per square foot in the North Valley neighborhood. Here is today’s list of the best values for Midtown apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Villa EsperanzaFour Bedroom Two Bath4BR,1BA$1.41
Via Apartments2 bedroom 1 bathroom Renovated2BR,1BA$1.33
Sun Pointe Park Apartments3 Bedroom 2 Bath3BR,2BA$1.28
Arroyo VistaTwo Bedroom, Two Bath (A)2BR,2BA$1.48
Villas Del Cielo1 Bedroom1BR,1BA$1.45
MiloMadrid Platinum1BR,1BA$1.45
Comanche WellsB12BR,1BA$1.32
Mont 44 Apartments1 bedroom, 1 bathroom Market1BR,1BA$1.41
Peaks at Sandia View1x1R-6401BR,1BA$1.64
Tesota MorningsideA1AR1BR,1BA$1.75

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Midtown, Albuquerque, NM

Ranked #83

Among neighborhoods in Albuquerque, NM for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving brings you Lifestyle Ratings of neighborhoods, cities and towns, and rental properties across New Mexico, including Albuquerque. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including rankings of the best places for proximity to parks, luxury amenities, transit availability, pet-friendly communities, places to raise kids, 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 Apartments

What is a cheap apartment in Midtown?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Midtown is under $964.

What is the price of a cheap apartment in Midtown?

The cheapest apartment in Midtown is Encanto Lofts Apartments which is listed at $774, while the average apartment in Midtown costs $1,591.

What types of apartments are the cheapest in Midtown?

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 27 regular apartments in Midtown 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?

Cheap apartments in Midtown have an average cost of $758 which is $833 cheaper than the average rent for all rentals in Midtown.

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.

decorative image for A Local Experts Guide To The Best Budget-Friendly Neighborhoods to Rent in Albuquerque article

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 Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.