Cheap Apartments for Rent in the Paradise Terrace Neighborhood of Albuquerque, NM from $800 (14 Rentals)

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

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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Kromer House
1 Bedroom Apartments

Kromer House

1024 El Pueblo Rd NWAlbuquerque, NM 87114
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Arroyo Villas
1 to 3 Bedroom Apartments

Arroyo Villas

4701 Irving Blvd NWAlbuquerque, NM 87114
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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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Paradise Terrace, Albuquerque, NM Local Guide

Cheapest Available Paradise Terrace Apartments for Rent

 

The cheapest available apartment rental in the Paradise Terrace area of Albuquerque, NM is a 1 Bed unit found at La Cantera Senior Apartments priced from $956. Odyssey Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $999. Here are the most affordable Paradise Terrace apartments for rent in Albuquerque, NM:

Apartment ListingModel NameBed/BathPriced From
La Cantera Senior Apartments1x11BR,1BA$956
Odyssey ApartmentsStudioStudio,1BA$999
Cottonwood RanchJR: Birch (Upgraded)1BR,1BA$1,095
PanoramaStudio BStudio,1BA$1,098
River Walk at Puerta de CorralesGreenway1BR,1BA$1,124

Best Value Apartments for Rent in Paradise Terrace, NM

As of December 25, 2025 the best value apartment in the Paradise Terrace area is the $1.50 price per square foot 2 BD/ 2.5 BA Model at 9368 Valley View Dr NW in the in the Northwest Quadrant neighborhood starting from $1,800. The second greatest value Paradise Terrace apartment is the 3x2 Reno Model at Resort at Sandia Village starting at $2,114 with a $1.82 price per square foot in the Sunrise Village at Northern Meadows neighborhood. Here is today’s list of the best values for Paradise Terrace apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
9368 Valley View Dr NW2 BD/ 2.5 BA1BR,1BA$1.50
Resort at Sandia Village3x2 Reno3BR,2BA$1.82
SkyStone ApartmentsBoca1BR,1BA$1.69
The AspensThe Maple1BR,1BA$1.42
CircMadison1BR,1BA$1.93
Eagle Ranch ApartmentsLatigo1BR,1BA$1.59
The AubryA21BR,1BA$1.90
PrismaScarlet Renovated1BR,1BA$1.78
La Cantera Senior Apartments1x11BR,1BA$1.61
Cottonwood RanchJR: Birch (Upgraded)1BR,1BA$1.85

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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Quick Rent Budget Calculator

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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
Paradise Terrace, Albuquerque, NM

Ranked #116

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

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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Frequently Asked Questions about Cheap Paradise Terrace Apartments

What is the Cheapest Studio apartment in Paradise Terrace?

Currently the most affordable Cheap Studio Apartment in Paradise Terrace is at Odyssey Apartments listed at $999.

How much is rent for a Cheap One Bedroom Paradise Terrace Apartment?

The lowest price for a Cheap One Bedroom Paradise Terrace Apartment is $956 at La Cantera Senior Apartments.

What is the lowest price for a Cheap Two Bedroom Paradise Terrace Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Paradise Terrace is starting from $1,141 at La Cantera Senior Apartments.

What is the most affordable Paradise Terrace Three Bedroom Apartment?

The best deal on a cheap Paradise Terrace Three Bedroom Apartment rental is at The Aubry and starts from $1,598.

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

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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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How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.