Cheap Apartments for Rent in the Raynolds Addition Neighborhood of Albuquerque, NM from $600 (14 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Raynolds Addition 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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Arcadia Courtyard
1 Bedroom Apartments

Arcadia Courtyard

1020 Park Ave SWAlbuquerque, NM 87102
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816 Coal Ave SW
1 to 2 Bedroom Apartments

816 Coal Ave SW

816 Coal Ave SWAlbuquerque, NM 87102
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The Crossroads
Studio Apartments

The Crossroads

315 Central Ave NWAlbuquerque, NM 87102
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Sterling Downtown
Studio to 2 Bedroom Apartments

Sterling Downtown

800 Silver Ave SWAlbuquerque, NM 87102
  • Utilities Included
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Casitas de Colores
Studio to 3 Bedroom Apartments

Casitas de Colores

215 Lead Ave SWAlbuquerque, NM 87102
  • Utilities Included

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.

Cheapest Available Raynolds Addition Apartments for Rent

 

The cheapest available apartment rental in the Raynolds Addition area of Albuquerque, NM is a 1 Bed unit found at Silver Gardens Apartments priced from $740. Millennium Flats has the second lowest priced unit, which is a Studio apartment currently listed from $765. Here are the most affordable Raynolds Addition apartments for rent in Albuquerque, NM:

Apartment ListingModel NameBed/BathPriced From
Silver Gardens Apartments1 Bedroom (50%)1BR,1BA$740
Millennium FlatsUnit Type AStudio,1BA$765
Silver Moon LodgeStudioStudio,1BA$897
ImperialStudio - Call for AvailabilityStudio,1BA$900
Alvarado ApartmentsAStudio,1BA$999

Best Value Apartments for Rent in Raynolds Addition, NM

As of January 30, 2026 the best value apartment in the Raynolds Addition area is the $2.97 price per square foot 2x2 ABB Model at One Central in the in the Netherwood Park neighborhood starting from $2,150. The second greatest value Raynolds Addition apartment is the 1BR/1.0BA Model at Mehran Lofts - Gold Avenue Realty, LLC starting at $1,025 with a $1.43 price per square foot in the Netherwood Park neighborhood. Here is today’s list of the best values for Raynolds Addition apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
One Central2x2 ABB2BR,2BA$2.97
Mehran Lofts - Gold Avenue Realty, LLC1BR/1.0BA1BR,1BA$1.43
Silver Gardens Apartments1 Bedroom (60%)1BR,1BA$1.54
505 Central LoftsCorporateStudio ,1BA$2.11
ImperialStudio - Call for AvailabilityStudio ,1BA$1.69
Silver Moon LodgeStudioStudio ,1BA$1.76
Nine-O-Nine ApartmentsStudioStudio ,1BA$2.26
Alvarado ApartmentsA RStudio ,1BA$2.41
Millennium FlatsUnit Type AStudio ,1BA$2.48

Frequently Asked Questions about Cheap Raynolds Addition Apartments

What is a cheap apartment in Raynolds Addition?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Raynolds Addition is under $1,600.

What is the price of a cheap apartment in Raynolds Addition?

The cheapest apartment in Raynolds Addition is Silver Gardens Apartments which is listed at $740, while the average apartment in Raynolds Addition costs $1,600.

What types of apartments are the cheapest in Raynolds Addition?

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 19 regular apartments in Raynolds Addition that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

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.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

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.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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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.