
Cheap Apartments for Rent in the Santa Fe Village Neighborhood of Albuquerque, NM from $400 (25 Rentals)
Search the lowest-cost Apartments available for rent right now in the Santa Fe Village area of Albuquerque.


Mesa Ridge Apartments

Villa Hermosa

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Aydan

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The Aubry

Del Rio Apartments
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Stride West

Eagle Ranch Apartments

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Taylor Ranch

Villas @ Rio

The Dillon Luxury Apartments

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Cantata at the Trails
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.

Total Monthly Price
Overture Andalucia 55+ Active Adult Apartment Homes

2830 Floral Rd NW

Tucson Apartments

5315 Yucca Cir NE

Villa Nueva Senior Apartments

Canon de Arrowhead
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Welcome Home To Rio Volcan!

2440 Rose Ave NW

Phoenix Apartments

3717 Alamogordo Dr NW

6041 Sequoia Rd NW

6515 Azuelo Ave NW
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2834 Estrella Brillante St NW
Santa Fe Village, Albuquerque, NM Local Guide

How much does it cost to rent an apartment in Santa Fe Village?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Santa Fe Village Studio Apartments | $1,379 | $1,379 | $1,379 |
| Santa Fe Village 1 Bedroom Apartments | $1,409 | $981 | $2,053 |
| Santa Fe Village 2 Bedroom Apartments | $1,787 | $1,003 | $3,523 |
| Santa Fe Village 3 Bedroom Apartments | $2,642 | $1,473 | $3,930 |
| Santa Fe Village 4 Bedroom Apartments | $3,459 | $3,377 | $3,791 |
Browse Apartments in this Neighborhood
There are currently 25 rentals with your search options within a 3 mile radius of the Santa Fe Village Neighborhood of Albuquerque, NM.
See all Apartments in AlbuquerqueExplore Albuquerque
Santa Fe Village, Albuquerque, NM Local Guide
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Cheapest Available Santa Fe Village Apartments for Rent
 The cheapest available apartment rental in the Santa Fe Village area of Albuquerque, NM is a 1 Bed unit found at Welcome Home To Rio Volcan! priced from $964. Villa Hermosa has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,065. Here are the most affordable Santa Fe Village apartments for rent in Albuquerque, NM:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Welcome Home To Rio Volcan! | 1 bedroom 1 bath | 1BR,1BA | $964 |
| Villa Hermosa | The Aztec | 1BR,1BA | $1,065 |
| Mesa Ridge Apartments | The Sage | 1BR,1BA | $1,089 |
| Valley Apartments | Azure Platinum | 1BR,1BA | $1,127 |
| Canon de Arrowhead | 2 bedroom 2 bath | 2BR,2BA | $1,154 |
Best Value Apartments for Rent in Santa Fe Village, NM
As of July 13, 2026 the best value apartment in the Santa Fe Village area is the $1.65 price per square foot Jade 2-Car Garage Attached Model at Via Verde in the in the Paradise Hills neighborhood starting from $2,160. The second greatest value Santa Fe Village apartment is the 2BR/2.0BA Model at Villas @ Rio starting at $1,900 with a $1.76 price per square foot in the Northwest Quadrant neighborhood. Here is today’s list of the best values for Santa Fe Village apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Via Verde | Jade 2-Car Garage Attached | 2BR,2.5BA | $1.65 |
| Villas @ Rio | 2BR/2.0BA | 2BR,2BA | $1.76 |
| Taylor Ranch | Aspen (Premium) | 2BR,2BA | $1.55 |
| Canon de Arrowhead | 2 bedroom 2 bath | 2BR,2BA | $1.25 |
| Aydan | Sage Renovated | 2BR,2BA | $1.69 |
| Eagle Ranch Apartments | Latigo | 1BR,1BA | $1.72 |
| Del Rio Apartments | Aspen | 1BR,1BA | $1.72 |
| Welcome Home To Rio Volcan! | 1 bedroom 1 bath | 1BR,1BA | $1.38 |
| Villa Hermosa | The Aztec | 1BR,1BA | $1.53 |
| Mesa Ridge Apartments | The Sage | 1BR,1BA | $1.67 |
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.
Best Local Schools in Santa Fe Village, Albuquerque, NM
School data provided by Great Schools
Lifestyle Ratings
ApartmentHomeLiving brings you our detailed rental search system called 'Lifestyle ratings', composed of rentals in cities and towns across the United States and customized analysis for Northwestern Albuquerque, NM. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including searching for the best amenities, and the best outdoor access, transit availability, pet-friendly communities, family-friendly amenities, and much more. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!
Frequently Asked Questions about Cheap Santa Fe Village Apartments
What is the price of a cheap apartment in Santa Fe Village?
The cheapest apartment in Santa Fe Village is Welcome Home To Rio Volcan! which is listed at $964, while the average apartment in Santa Fe Village costs $3,402.
What types of apartments are the cheapest in Santa Fe Village?
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 12 regular apartments in Santa Fe Village 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 Santa Fe Village?
Cheap apartments in Santa Fe Village have an average cost of $135 which is $3,267 cheaper than the average rent for all rentals in Santa Fe Village.
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 Expert's 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 Expert's Guide to the High Desert City
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Hello from Albuquerque, New Mexico! I’m Esther, your ApartmentHomeLiving.com Local Expert for Albuquerque, and I’m here to give you the inside scoop on this unique city.

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.
Articles, How-To's, and Tips

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
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There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
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.