Cheap Apartments for Rent in the Midtown Neighborhood of Albuquerque, NM from $700 (24 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

close
View Me
Desert Creek Apartments
Rent Specials
$725 - $2,340
Total Monthly Price

Total Monthly Price

Base Rent
$725 - $2,340

Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Now

Desert Creek Apartments

4300 Pan American Fwy NEAlbuquerque, NM 87107
Affordability
  • Verified
  • Customer Reviewed
  • 3D Tour
close
View Me
Comanche Wells
Rent Specials
$791 - $2,849
Total Monthly Price

Total Monthly Price

Base Rent
$791 - $2,849

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Comanche Wells

3400 Comanche Rd NEAlbuquerque, NM 87107
Corporate Housing
  • Verified
  • Customer Reviewed
  • 3D Tour

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.

close
View Me
Tesota Morningside
Rent Specials
$952 - $1,365
Total Monthly Price

Total Monthly Price

Base Rent
$952 - $1,365

Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Jun 26

Tesota Morningside

3958 Montgomery Blvd NEAlbuquerque, NM 87109
Affordability
  • Verified
  • Customer Reviewed
  • 3D Tour
close
View Me
Sun Plaza
Rent Specials
$1,237 - $1,870
Total Monthly Price

Total Monthly Price

Base Rent
$1,237 - $1,870

Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

Sun Plaza

4400 Montgomery Blvd NEAlbuquerque, NM 87109
Pet Friendly
  • Verified
  • Customer Reviewed
  • 3D Tour
close
View Me
Villa Esperanza
1 to 4 Bedroom Apartments

Villa Esperanza

3901 Lafayette DrAlbuquerque, NM 87107

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.

close
View Me
Theta Apartments
1 to 2 Bedroom Apartments

Theta Apartments

3900 Tulane Dr NEAlbuquerque, NM 87107
close
View Me
Villas Del Cielo
1 to 2 Bedroom Apartments

Villas Del Cielo

3131 Adams St NEAlbuquerque, NM 87110
close
View Me
Cloverleaf Apartments
Studio to 2 Bedroom Apartments

Cloverleaf Apartments

4300 Bryn Mawr 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.

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 $725. Encanto Lofts Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $755. Here are the most affordable Midtown apartments for rent in Albuquerque, NM:

Apartment ListingModel NameBed/BathPriced From
Desert Creek ApartmentsSRO-Sleeping room onlyStudio,1BA$725
Encanto Lofts ApartmentsYucca - StudioStudio,1BA$755
Comanche WellsS1Studio,1BA$791
Sunchase ApartmentsJr 1x11BR,1BA$905
Mont 44 Apartments1 Bedroom, 1 Bathroom TC1BR,1BA$914

Best Value Apartments for Rent in Midtown, NM

As of June 11, 2026 the best value apartment in the Midtown 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 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 apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Via Apartments3 bedroom 2 bathroom TC3BR,2BA$1.02
Theta ApartmentsKaloDuo2BR,2BA$1.20
Cloverleaf Apartments1BR/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$1.91
Rock CreekOne Bedroom1BR,1BA$1.74
Sunchase ApartmentsJr 1x11BR,1BA$1.66
Comanche WellsS1Studio ,1BA$1.88

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 Article
Decorative image

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.

Read Article
Decorative image

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.

Read Article
Decorative image

Quick 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.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
Midtown, Albuquerque, NM

Ranked #203

Among cities in New Mexico for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

decorative image of woman handing cat to small boy

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 $1,100.

What is the price of a cheap apartment in Midtown?

The cheapest apartment in Midtown is Encanto Lofts Apartments which is listed at $799, while the average apartment in Midtown costs $1,550.

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 20 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 $538 which is $1,012 cheaper than the average rent for all rentals in Midtown.

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

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.

decorative image for The Students Guide to Albuquerque: Top Neighborhoods That Put CNM and UNM Life Within Reach article

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.

decorative image for Albuquerque Uncovered: Your Local Experts Guide to the High Desert City article

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.

decorative image for Your Guide to the Best Neighborhoods to Rent Near Albuquerques Top Employers   article

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

Written by: Esther Lombardi

I still recollect my first morning commute in Albuquerque.

Articles, How-To's, and Tips

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

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.

decorative image for Pet-Friendly Renting: Everything You Need to Know Before You Move article

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.

decorative image for Creative Ways Developers Reimagine Retail Spaces as Residential Units  article

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.

decorative image for Neighborhood and Market Insights: How to Choose the Right Area to Rent   article

Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.