
Cheap Apartments for Rent in the Prospectors Ridge Neighborhood of Albuquerque, NM from $700 (30 Rentals)
Search the lowest-cost Apartments available for rent right now in the Prospectors Ridge area of Albuquerque.


Dorado Heights

The Retreat at Candelaria

Acacia Gardens

Lexington Place Apartments

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Copper Hills

Sedona Ridge
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Eagle Point Apartments

Wyoming Place Apartments

Pinon Terrace

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Canoan Village

Academy Heights Apartments

Overlook

The Heights at Tramway
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10204 Candelaria Rd NE, Unit 10204

Tesoro on Spain

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CIBOLA VILLAGE

Grove at Tramway

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Quincy

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Spring Park

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VILLA LA CHARLES
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Sierra Meadows

Inca - FREE Utilities

Treehouse

Pine Lane Apartments

Montgomery Manor

2813 Nakomis Dr NE

Sungate
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Mountain Run Apartments

Spain Townhomes
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 | $1,004 | $925 | $1,242 |
| Prospectors Ridge 1 Bedroom Apartments | $1,417 | $850 | $2,506 |
| Prospectors Ridge 2 Bedroom Apartments | $1,670 | $945 | $2,974 |
| Prospectors Ridge 3 Bedroom Apartments | $2,160 | $1,720 | $2,904 |
Browse Apartments in this Neighborhood
There are currently 30 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 Casa Del Arroyo Apartments priced from $850. Treehouse has the second lowest priced unit, which is a Studio apartment currently listed from $924. Here are the most affordable Prospectors Ridge apartments for rent in Albuquerque, NM:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Casa Del Arroyo Apartments | 1bd/1ba | 1BR,1BA | $850 |
| Treehouse | Willow | Studio,1BA | $924 |
| Dorado Heights | A | Studio,1BA | $925 |
| Pine Lane Apartments | KaloSolo | 1BR,1BA | $925 |
| The Retreat at Candelaria | Artesia | 1BR,1BA | $928 |
| Acacia Gardens | Taos Deluxe 1 | 1BR,1BA | $940 |
| Lexington Place Apartments | Studio | Studio,1BA | $940 |
| Copper Hills | 1x1 | 1BR,1BA | $949 |
| Sedona Ridge | Zuni | 1BR,1BA | $950 |
| Wyoming Place Apartments | 1 Bed A | 1BR,1BA | $999 |
Best Value Apartments for Rent in Prospectors Ridge, NM
As of June 22, 2026 the best value apartment in the Prospectors Ridge 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 Prospectors Ridge apartment is the Two Bedroom One Bath Model at The Heights at Tramway starting at $1,199 with a $1.34 price per square foot in the Northeast Quadrant 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. |
|---|---|---|---|
| Pinon Terrace | Two Bedroom - Fully Remodeled | 2BR,1BA | $1.13 |
| The Heights at Tramway | Two Bedroom One Bath | 2BR,1BA | $1.34 |
| VILLA LA CHARLES | 2 Bed 1 Bath | 2BR,1BA | $1.51 |
| Spain Townhomes | KaloDuo | 2BR,1BA | $1.50 |
| Wyoming Place Apartments | 1 Bed B | 1BR,1BA | $1.43 |
| Copper Hills | 1x1 | 1BR,1BA | $1.36 |
| Academy Heights Apartments | 1 Bedr / 1 Bath | 1BR,1BA | $1.57 |
| Pine Lane Apartments | KaloSolo | 1BR,1BA | $1.42 |
| The Retreat at Candelaria | Artesia | 1BR,1BA | $1.47 |
| Casa Del Arroyo Apartments | 1bd/1ba | 1BR,1BA | $1.36 |
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 ArticleReal 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 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 #64
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 listed at $924.
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 Casa Del Arroyo Apartments.
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 $945 at Casa Del Arroyo 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 Altezza High Desert and starts from $1,945.
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
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Your Guide to the Best Neighborhoods to Rent Near Albuquerques Top Employers
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I still recollect my first morning commute in Albuquerque.
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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.

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.