Cheap Apartments for Rent in the Riverview Heights Neighborhood of Albuquerque, NM from $400 (15 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Riverview Heights area of Albuquerque.

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Tucson Apartments
2 Bedroom Apartments

Tucson Apartments

5401-5405 Tucson Rd NWAlbuquerque, NM 87120

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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New Life Homes 4
1 Bedroom Apartments

New Life Homes 4

6600 Delia Rd SWAlbuquerque, NM 87121
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Sawmill Lofts
1 to 3 Bedroom Apartments

Sawmill Lofts

1801 Bellamah Ave NWAlbuquerque, NM 87104
  • Utilities Included
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5315 Yucca Cir NE
2 Bedroom Apartments

5315 Yucca Cir NE

5315 Yucca Cir NEAlbuquerque, NM 87120

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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Adobe Manor Apartments
Studio Apartments

Adobe Manor Apartments

7412 Central Ave SWAlbuquerque, NM 87121
  • Utilities Included
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Rainbow Apartments
1 Bedroom Apartments

Rainbow Apartments

4600 Central Ave SWAlbuquerque, NM 87105
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El Campo Apartments
Studio to 1 Bedroom Apartments

El Campo Apartments

5800 Central Ave SWAlbuquerque, NM 87105
  • Utilities Included

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.

Riverview Heights, Albuquerque, NM Local Guide

Cheapest Available Riverview Heights Apartments for Rent

 

The cheapest available apartment rental in the Riverview Heights area of Albuquerque, NM is a Studio unit found at Millennium Flats priced from $795. Tierra Pointe has the second lowest priced unit, which is a Studio apartment currently listed from $890. Here are the most affordable Riverview Heights apartments for rent in Albuquerque, NM:

Apartment ListingModel NameBed/BathPriced From
Millennium FlatsUnit Type BStudio,1BA$795
Tierra PointeS1Studio,1BA$890
Volcanes CommonsOne Bedroom, One Bath1BR,1BA$902
Crescent RidgeJuniper1BR,1BA$952
Welcome Home To Rio Volcan!1 bedroom 1 bath1BR,1BA$964

Best Value Apartments for Rent in Riverview Heights, NM

As of December 19, 2025 the best value apartment in the Riverview Heights area is the $1.92 price per square foot 2BR/2.0BA Model at Villas @ Rio in the in the Northwest Quadrant neighborhood starting from $2,075. The second greatest value Riverview Heights apartment is the Juniper Model at Q @ Bosque Trail starting at $1,500 with a $1.60 price per square foot in the Northwest Quadrant neighborhood. Here is today’s list of the best values for Riverview Heights apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Villas @ Rio2BR/2.0BA2BR,2BA$1.92
Q @ Bosque TrailJuniper2BR,1BA$1.60
Canon de Arrowhead2 bedroom 2 bath2BR,2BA$1.25
Villa HermosaThe Pueblo Casita2BR,1BA$1.32
Stride Westa10ar - Renovated1BR,1BA$1.61
Phoenix Apartments: Rises Above the Rest!2 bedroom 1 bath2BR,1BA$1.72
Mesa Ridge ApartmentsThe Sage1BR,1BA$1.63
Welcome Home To Rio Volcan!1 bedroom 1 bath1BR,1BA$1.54
Volcanes CommonsOne Bedroom, One Bath1BR,1BA$1.53
Crescent RidgeJuniper1BR,1BA$1.74

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

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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
Riverview Heights, Albuquerque, NM

Ranked #202

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

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving brings you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals in cities and towns across the United States and customized analysis for Central Albuquerque. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including filtering automatically for the best outdoor access, luxury housing options, places that make kids happy, raising pets, transit options, and more. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Frequently Asked Questions about Cheap Riverview Heights Apartments

What is a cheap apartment in Riverview Heights?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Riverview Heights is under $1,290.

What is the price of a cheap apartment in Riverview Heights?

The cheapest apartment in Riverview Heights is Rainbow Apartments which is listed at $850, while the average apartment in Riverview Heights costs $2,178.

What types of apartments are the cheapest in Riverview Heights?

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 36 regular apartments in Riverview Heights that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Riverview Heights?

Cheap apartments in Riverview Heights have an average cost of $409 which is $1,769 cheaper than the average rent for all rentals in Riverview Heights.

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

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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!