Cheap Apartments for Rent in the North Easterns Neighborhood of Albuquerque, NM from $500 (80 Rentals)

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

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.

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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.

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Milo
Rent Specials
$996 - $1,401
Total Monthly Price

Total Monthly Price

Base Rent
$996 - $1,401
Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Now

Milo

4217 Louisiana Blvd NEAlbuquerque, NM 87109
Pet Friendly
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  • Customer Reviewed
  • 3D Tour

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.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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Sierra Meadows
Rent Specials
$1,240 - $2,136
Total Monthly Price

Total Monthly Price

Base Rent
$1,240 - $2,136
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1 to 3 Bedroom Apartments Available Now

Sierra Meadows

4224-4246 Eubank BlvdAlbuquerque, NM 87111
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Calero
$1,259 - $2,021
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$1,259 - $2,021
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1 to 3 Bedroom Apartments Available Now

Calero

8000 Montgomery Blvd NEAlbuquerque, NM 87109
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property at 8301 Comanche Ct NE

$1,450

Total Monthly Price

Total Monthly Price

Base Rent
$1,450
Total Monthly Price
$1,450

1 Bedroom, 1 Bath Townhome for Rent

Available May 1

8301 Comanche Ct NE

AlbuquerqueNM87110
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436 Utah St NE
1 Bedroom Apartments

436 Utah St NE

436 Utah St NEAlbuquerque, NM 87108
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Donna Ann Apartments
1 to 2 Bedroom Apartments

Donna Ann Apartments

7905-8021 Marquette Ave NEAlbuquerque, NM 87108
  • Utilities Included

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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North Easterns, Albuquerque, NM Local Guide

Cheapest Available North Easterns Apartments for Rent

 

The cheapest available apartment rental in the North Easterns area of Albuquerque, NM is a Studio unit found at Nova Ridge priced from $725. Nova Point Gated Community has the second lowest priced unit, which is a Studio apartment currently listed from $750. Here are the most affordable North Easterns apartments for rent in Albuquerque, NM:

Apartment ListingModel NameBed/BathPriced From
Nova RidgeS1Studio,1BA$725
Nova Point Gated Community0BR/1.0BAStudio,1BA$750
The Villas @ UptownStudio UpgradeStudio,1BA$800
Lexington Place ApartmentsStudioStudio,1BA$840
Nova Peak1BR/1.0BA1BR,1BA$850
Pinewood EstatesStudioStudio,1BA$852
The Twelve 6012BR/1.0BA2BR,1BA$865
Rio Vista Senior ApartmentsIncome-Restricted One Bedroom Senior Apartment ...1BR,1BA$890
Sedona RidgeZuni1BR,1BA$899
Los Altos TowersStudioStudio,1BA$909

Best Value Apartments for Rent in North Easterns, NM

As of April 28, 2026 the best value apartment in the North Easterns area is the $1.13 price per square foot Two Bedroom - Fully Remodeled Model at Pinon Terrace in the in the Northeast Quadrant neighborhood starting from $1,245. The second greatest value North Easterns apartment is the 2x2_1037 Model at Uptown Square starting at $1,455 with a $1.40 price per square foot in the Northeast Quadrant neighborhood. Here is today’s list of the best values for North Easterns apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Pinon TerraceTwo Bedroom - Fully Remodeled2BR,1BA$1.13
Uptown Square2x2_10372BR,2BA$1.40
The Heights at TramwayTwo Bedroom One Bath2BR,1BA$1.34
2504 Chelwood Park Blvd NE, Unit Apartment A2504 Chelwood Park Blvd NE2BR,1BA$1.37
520 Tennessee St NE2bed/1 ba Unfurnished2BR,1BA$1.39
Arlo ApartmentsB12BR,1BA$1.45
The Twelve 6012BR/1.0BA2BR,1BA$1.08
Sunset PointeSM1X11BR,1BA$1.45
Woodberry Heights1x1C1BR,1BA$1.45
Monterey Manor ApartmentsKaloSolo-Premium1BR,1BA$1.36

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.

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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
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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.

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The 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.

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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.

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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.

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Pet Friendly Lifestyle
North Easterns, Albuquerque, NM

Ranked #62

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
North Easterns, Albuquerque, NM

School data provided by Great Schools

Lifestyle Ratings

ApartmentHomeLiving brings you comprehensive Lifestyle Ratings of rentals and neighborhoods across the USA, and customized analysis for Eastern Albuquerque. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including our Star Ratings to compare for the best proximity to parks and outdoor amenities, luxury amenities, kid and pet-friendly communities, availability of transit options, in addition to floorplans, availablity, and pricing. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Frequently Asked Questions about Cheap North Easterns Apartments

What is a cheap apartment in North Easterns?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in North Easterns is under $909.

What is the price of a cheap apartment in North Easterns?

The cheapest apartment in North Easterns is Nova Peak which is listed at $850, while the average apartment in North Easterns costs $3,000.

What types of apartments are the cheapest in North Easterns?

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 22 regular apartments in North Easterns 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 North Easterns?

Cheap apartments in North Easterns have an average cost of $179 which is $2,821 cheaper than the average rent for all rentals in North Easterns.

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.

Articles, How-To's, and Tips

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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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.

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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.

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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.