
Cheap Apartments for Rent in the Raynolds Addition Neighborhood of Albuquerque, NM from $600 (14 Rentals)
Search the lowest-cost Apartments available for rent right now in the Raynolds Addition area of Albuquerque.


Millennium Flats

Villa de San Felipe

Silver Moon Lodge

Zocalo Lofts

Imperial

Alvarado 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.

505 Central Lofts

Mehran Lofts - Gold Avenue Realty, LLC

Arcadia Courtyard

816 Coal Ave SW

The Crossroads

Sterling Downtown

Casitas de Colores
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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.
Raynolds Addition, Albuquerque, NM Local Guide

How much does it cost to rent an apartment in Raynolds Addition?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Raynolds Addition Studio Apartments | $1,130 | $765 | $1,800 |
| Raynolds Addition 1 Bedroom Apartments | $1,176 | $740 | $1,693 |
| Raynolds Addition 2 Bedroom Apartments | $1,591 | $1,275 | $2,150 |
Browse Apartments in this Neighborhood
There are currently 14 rentals with your search options within a 2 mile radius of the Raynolds Addition Neighborhood of Albuquerque, NM.
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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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Silver Gardens Apartments | 1 Bedroom (50%) | 1BR,1BA | $740 |
| Millennium Flats | Unit Type A | Studio,1BA | $765 |
| Silver Moon Lodge | Studio | Studio,1BA | $897 |
| Imperial | Studio - Call for Availability | Studio,1BA | $900 |
| Alvarado Apartments | A | Studio,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| One Central | 2x2 ABB | 2BR,2BA | $2.97 |
| Mehran Lofts - Gold Avenue Realty, LLC | 1BR/1.0BA | 1BR,1BA | $1.43 |
| Silver Gardens Apartments | 1 Bedroom (60%) | 1BR,1BA | $1.54 |
| 505 Central Lofts | Corporate | Studio ,1BA | $2.11 |
| Imperial | Studio - Call for Availability | Studio ,1BA | $1.69 |
| Silver Moon Lodge | Studio | Studio ,1BA | $1.76 |
| Nine-O-Nine Apartments | Studio | Studio ,1BA | $2.26 |
| Alvarado Apartments | A R | Studio ,1BA | $2.41 |
| Millennium Flats | Unit Type A | Studio ,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

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.

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.

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.

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.