
Cheap Apartments for Rent in the Nob Hill Neighborhood of Albuquerque, NM from $600 (24 Rentals)
Search the lowest-cost Apartments available for rent right now in the Nob Hill area of Albuquerque.


Nob Hill

16 Units

Q @ Nob Hill

Ocotillo Ridge

De Anza - Nob Hill Luxury Apartments

The Carlisle

4223 Central Ave NE
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.

Cedar Point Apartments

317 Washington St SE

124 Aliso Dr NE

Plaza del Sol Apartments

Savinelli Lofts in Nob Hill

202 Quincy St NE

The Watch Apartments

313 Montclaire Dr SE
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.

Hacienda Norte Apartments

Manzano

Spacious 2 Bedroom Apartment with Private Patio

Plaza Del Sol

Richmond Street Studios

Nob Hill Apartments

The Zia at Nob Hill

PAH! Hiland Plaza
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.
Nob Hill, Albuquerque, NM Local Guide

How much does it cost to rent an apartment in Nob Hill?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Nob Hill Studio Apartments | $1,300 | $1,300 | $1,300 |
| Nob Hill 1 Bedroom Apartments | $1,641 | $1,310 | $1,890 |
| Nob Hill 2 Bedroom Apartments | $1,762 | $1,095 | $2,407 |
Browse Apartments in this Neighborhood
There are currently 24 rentals with your search options within a 2 mile radius of the Nob Hill Neighborhood of Albuquerque, NM.
See all Apartments in AlbuquerqueExplore Albuquerque
Nob Hill, Albuquerque, NM Local Guide
- Nearby Albuquerque neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
Cheapest Available Nob Hill Apartments for Rent
 The cheapest available apartment rental in the Nob Hill area of Albuquerque, NM is a 1 Bed unit found at Spacious 2 Bedroom Apartment with Private Patio priced from $829. De Anza - Nob Hill Luxury Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,150. Here are the most affordable Nob Hill apartments for rent in Albuquerque, NM:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Spacious 2 Bedroom Apartment with Private Patio | 1 bedroom 1 bathroom | 1BR,1BA | $829 |
| De Anza - Nob Hill Luxury Apartments | Modern Studio | Studio,1BA | $1,150 |
| Q @ Nob Hill | Dalea | 1BR,1BA | $1,310 |
| The Q at Jefferson | Dalea | 1BR,1BA | $1,310 |
| Nob Hill | 2.1 | 2BR,1BA | $1,350 |
Best Value Apartments for Rent in Nob Hill, NM
As of April 29, 2026 the best value apartment in the Nob Hill area is the $1.55 price per square foot 2.1 Model at Nob Hill in the in the Netherwood Park neighborhood starting from $1,350. The second greatest value Nob Hill apartment is the Stanford Model at Broadstone Nob Hill starting at $1,773 with a $2.13 price per square foot in the Netherwood Park neighborhood. Here is today’s list of the best values for Nob Hill apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Nob Hill | 2.1 | 2BR,1BA | $1.55 |
| Broadstone Nob Hill | Stanford | 1BR,1BA | $2.13 |
| Ocotillo Ridge | 1 BR/ 1 BA | 1BR,1BA | $1.87 |
| Spacious 2 Bedroom Apartment with Private Patio | 1 bedroom 1 bathroom | 1BR,1BA | $1.28 |
| The Q at Jefferson | Dalea | 1BR,1BA | $2.08 |
| Q @ Nob Hill | Dalea | 1BR,1BA | $2.08 |
| De Anza - Nob Hill Luxury Apartments | Modern Studio | Studio ,1BA | $2.05 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleThe 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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash 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.
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.
Best Local Schools in Nob Hill, Albuquerque, NM
School data provided by Great Schools
Frequently Asked Questions about Cheap Nob Hill Apartments
How much is rent for a Cheap One Bedroom Nob Hill Apartment?
The lowest price for a Cheap One Bedroom Nob Hill Apartment is $829 at Spacious 2 Bedroom Apartment with Private Patio.
What is the lowest price for a Cheap Two Bedroom Nob Hill Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Nob Hill is starting from $1,350 at Nob Hill.
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.
Articles, How-To's, and Tips

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.