Cheap Apartments for Rent in the Raynolds Addition Neighborhood of Albuquerque, NM from $600 (13 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

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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Casitas de Colores
Studio to 3 Bedroom Apartments

Casitas de Colores

215 Lead Ave SWAlbuquerque, NM 87102
  • Utilities Included

Raynolds Addition, Albuquerque, NM Local Guide

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 $795. 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 BStudio,1BA$795
Villa de San FelipeChelseaStudio,1BA$850
Silver Moon LodgeStudioStudio,1BA$897
ImperialStudio - Call for AvailabilityStudio,1BA$900

Best Value Apartments for Rent in Raynolds Addition, NM

As of December 12, 2025 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 1 Bedroom (60%) Model at Silver Gardens Apartments starting at $956 with a $1.54 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
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 ApartmentsAStudio ,1BA$2.31
Villa de San FelipeChelseaStudio ,1BA$2.11
Millennium FlatsUnit Type BStudio ,1BA$2.40

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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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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Quick 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.

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Pet Friendly Lifestyle
Raynolds Addition, Albuquerque, NM

Ranked #223

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

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Getting Around the Raynolds Addition Neighborhood in Albuquerque, NM

Walk Score®

93 / 100

Walker’s Paradise

Daily errands do not require a car

Bike Score®

91 / 100

Biker's Paradise

Daily errands can be accomplished on a bike

Transit Score®

52 / 100

Good Transit

Many nearby public transportation options

Frequently Asked Questions about Cheap Raynolds Addition Apartments

What is the Cheapest Studio apartment in Raynolds Addition?

Currently the most affordable Cheap Studio Apartment in Raynolds Addition is at Millennium Flats listed at $795.

How much is rent for a Cheap One Bedroom Raynolds Addition Apartment?

The lowest price for a Cheap One Bedroom Raynolds Addition Apartment is $740 at Silver Gardens Apartments.

What is the lowest price for a Cheap Two Bedroom Raynolds Addition Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Raynolds Addition is starting from $1,275 at Imperial.

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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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!