
Cheap Apartments for Rent in the Prospectors Ridge Neighborhood of Albuquerque, NM from $700 (29 Rentals)
Search the lowest-cost Apartments available for rent right now in the Prospectors Ridge area of Albuquerque.


Acacia Gardens

Copper Hills

Academy Heights Apartments

Treehouse Apartments

The Retreat at Candelaria

Lexington Place Apartments
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.

Dorado Heights

Wyoming Place Apartments

Tesoro on Spain

Casa Del Arroyo Apartments

Canoan Village

Eagle Point Apartments

Sungate
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.

Pinon Terrace

Spring Park

CIBOLA VILLAGE

Sierra Meadows

The Heights at Tramway

Overlook

VILLA LA CHARLES
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.

Allegro at Tanoan

Inca - FREE Utilities

Pine Lane Apartments

Las Vistas

Montgomery Manor

2813 Nakomis Dr NE

Spain Townhomes
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.

Mountain Run Apartments
Prospectors Ridge, Albuquerque, NM Local Guide

How much does it cost to rent an apartment in Prospectors Ridge?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Prospectors Ridge Studio Apartments | $1,027 | $919 | $1,222 |
| Prospectors Ridge 1 Bedroom Apartments | $1,362 | $870 | $2,797 |
| Prospectors Ridge 2 Bedroom Apartments | $1,686 | $1,087 | $2,965 |
| Prospectors Ridge 3 Bedroom Apartments | $2,119 | $1,650 | $3,725 |
Browse Apartments in this Neighborhood
There are currently 29 rentals with your search options within a 2 mile radius of the Prospectors Ridge Neighborhood of Albuquerque, NM.
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Prospectors Ridge, Albuquerque, NM Local Guide
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Cheapest Available Prospectors Ridge Apartments for Rent
 The cheapest available apartment rental in the Prospectors Ridge area of Albuquerque, NM is a 1 Bed unit found at Sedona Ridge priced from $850. Acacia Gardens has the second lowest priced unit, which is a 1 Bed apartment currently listed from $870. Here are the most affordable Prospectors Ridge apartments for rent in Albuquerque, NM:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Sedona Ridge | Zuni | 1BR,1BA | $850 |
| Acacia Gardens | Taos Classic | 1BR,1BA | $870 |
| Las Vistas | 1BD/1B | 1BR,1BA | $879 |
| Copper Hills | 1x1 | 1BR,1BA | $899 |
| Academy Heights Apartments | 1 Bedr / 1 Bath | 1BR,1BA | $908 |
| Treehouse Apartments | Willow | Studio,1BA | $919 |
| The Retreat at Candelaria | Artesia | 1BR,1BA | $928 |
| Lexington Place Apartments | Studio | Studio,1BA | $940 |
| Dorado Heights | A | Studio,1BA | $965 |
| Pine Lane Apartments | KaloDuo | 2BR,1BA | $975 |
Best Value Apartments for Rent in Prospectors Ridge, NM
As of January 08, 2026 the best value apartment in the Prospectors Ridge area is the $1.38 price per square foot 2 Bedroom 2 Bath Model at Enclave in the in the Northeast Quadrant neighborhood starting from $1,554. The second greatest value Prospectors Ridge apartment is the Abo Model at Las Kivas starting at $1,465 with a $1.39 price per square foot in the Foothills neighborhood. Here is today’s list of the best values for Prospectors Ridge apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Enclave | 2 Bedroom 2 Bath | 2BR,2BA | $1.38 |
| Las Kivas | Abo | 2BR,1BA | $1.39 |
| Tesoro on Spain | C2 | 2BR,2BA | $1.44 |
| Pine Lane Apartments | KaloDuo-Premium | 2BR,1BA | $1.14 |
| The Heights at Tramway | Two Bedroom One Bath | 2BR,1BA | $1.34 |
| Pinon Terrace | One Bedroom - Fully Remodeled | 1BR,1BA | $1.37 |
| Wyoming Place Apartments | 1 Bed B | 1BR,1BA | $1.30 |
| Academy Heights Apartments | 1 Bedr / 1 Bath | 1BR,1BA | $1.30 |
| The Retreat at Candelaria | Artesia | 1BR,1BA | $1.33 |
| Copper Hills | 1x1 | 1BR,1BA | $1.28 |
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 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.
Pet Friendly LifestyleProspectors Ridge, Albuquerque, NM
Ranked #62
Among cities in New Mexico for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Frequently Asked Questions about Cheap Prospectors Ridge Apartments
What is the Cheapest Studio apartment in Prospectors Ridge?
Currently the most affordable Cheap Studio Apartment in Prospectors Ridge is at Treehouse Apartments listed at $919.
How much is rent for a Cheap One Bedroom Prospectors Ridge Apartment?
The lowest price for a Cheap One Bedroom Prospectors Ridge Apartment is $850 at Sedona Ridge.
What is the lowest price for a Cheap Two Bedroom Prospectors Ridge Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Prospectors Ridge is starting from $975 at Pine Lane Apartments.
What is the most affordable Prospectors Ridge Three Bedroom Apartment?
The best deal on a cheap Prospectors Ridge Three Bedroom Apartment rental is at Sierra Meadows and starts from $1,755.
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

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.

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.

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.

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.