
Cheap Apartments for Rent in the Sawmill Area Albuquerque, NM from $436 (73 Rentals)
Search the lowest-cost Apartments available for rent right now in the Sawmill Area area of Albuquerque.


Encino Terrace Senior

Sage at 601

915 Walter St SE

412 10th St SW

Total Monthly Price
Union 505

Silver Gardens Apartments

4700 Central Ave SW

612 Arno St SE

Silver Moon Lodge
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1217-1223 Dr Martin Luther King Jr Ave NE

Zocalo Lofts

The Beach

1516 Tijeras Ave NE

Peaks at Sandia View

1622 Coal Ave SE

Alvarado Apartments

300 Tijeras Ave NE

1212 Lead Ave SE

Total Monthly Price
Valley Apartments
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300 San Pasquale Ave NW

The Artisan @ Sawmill Village

Total Monthly Price
Nine-O-Nine Apartments

Total Monthly Price
1207 Barelas St SW

4416 10th St NW

Calle Cuarta

417 Sycamore St SE

123 53rd St NW

1420 4th St NW

217 Walter St NE
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1405 Gold Ave SE

1207 Barelas Rd SW

219 Walter St NE

Candelaria Gardens

Arcadia Courtyard

2404-2406 1/2 Dora Ave NW

1611 Gold Ave SE

210 High St NE

El Sol

University Studio Apartments
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545 Cedar St SE

1203 Barelas Rd SW

Sawmill Lofts

Villa Nueva Senior Apartments

Downtown @ 700

221 Maple St NE

Regina & Walter/Silver Apartments

1320 Dr Martin Luther King Jr Ave NE

Rainbow Apartments

1606-1612 Coal Ave SE
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Sawmill Area, Albuquerque, NM Local Guide

How much does it cost to rent an apartment in Sawmill Area?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Sawmill Area Studio Apartments | $951 | $795 | $1,800 |
| Sawmill Area 1 Bedroom Apartments | $1,204 | $800 | $1,950 |
| Sawmill Area 2 Bedroom Apartments | $1,578 | $1,000 | $2,295 |
| Sawmill Area 3 Bedroom Apartments | $1,860 | $1,398 | $3,496 |
| Sawmill Area 4 Bedroom Apartments | $3,203 | $1,995 | $3,808 |
Browse Apartments in this Neighborhood
There are currently 73 rentals with your search options within a 2 mile radius of the Sawmill Area Neighborhood of Albuquerque, NM.
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Sawmill Area, Albuquerque, NM Local Guide
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Cheapest Available Sawmill Area Apartments for Rent
 The cheapest available apartment rental in the Sawmill Area area of Albuquerque, NM is a Studio unit found at Sage at 601 priced from $799. Silver Gardens Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $865. Here are the most affordable Sawmill Area apartments for rent in Albuquerque, NM:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Sage at 601 | 0 x 1 A | Studio,1BA | $799 |
| Silver Gardens Apartments | 1 Bedroom (50%) | 1BR,1BA | $865 |
| Union 505 | 1 Bedroom | 1BR,1BA | $873 |
| Silver Moon Lodge | Studio | Studio,1BA | $897 |
| MLK | 1BR/1.0BA | 1BR,1BA | $900 |
| 521-525 Cedar St SE | 1 Beds, 1 Baths | 1BR,1BA | $945 |
| 1516 Tijeras Ave NE | 1 Bed, 1 bath | 1BR,1BA | $950 |
| Peaks at Sandia View | 1x1R-640 | 1BR,1BA | $999 |
| Aztec Manor | Spring into your new home! Beautiful 2 bed 1 bath | 2BR,1BA | $1,050 |
| Hacienda South | 2BR/1.0BA | 2BR,1BA | $1,050 |
Best Value Apartments for Rent in Sawmill Area, NM
As of September 05, 2026 the best value apartment in the Sawmill Area area is the $0.88 price per square foot 1 Beds, 1 Baths Model at 521-525 Cedar St SE in the in the Southeast Quadrant neighborhood starting from $945. The second greatest value Sawmill Area apartment is the 2x2R-900 Model at Peaks at Sandia View starting at $1,425 with a $1.58 price per square foot in the Netherwood Park neighborhood. Here is today’s list of the best values for Sawmill Area apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 521-525 Cedar St SE | 1 Beds, 1 Baths | 1BR,1BA | $0.88 |
| Peaks at Sandia View | 2x2R-900 | 2BR,2BA | $1.58 |
| Marquee Village Apartments | KaloDuo-Premium | 2BR,1BA | $1.76 |
| Aztec Manor | Spring into your new home! Beautiful 2 bed 1 bath | 2BR,1BA | $1.31 |
| Silver Gardens Apartments | Two Bedroom, Two Bath (60%) | 2BR,2BA | $1.59 |
| 505 Central Lofts | Studio | Studio ,1BA | $1.76 |
| Nine-O-Nine Apartments | One Bedroom | 1BR,1BA | $1.68 |
| Cresta North Valley RETIRED | Renovated | 1BR,1BA | $1.75 |
| 1516 Tijeras Ave NE | 1 Bed, 1 bath | 1BR,1BA | $1.46 |
| Silver Moon Lodge | Studio | Studio ,1BA | $1.76 |
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 ArticleNavigating the Rental Market: Tips for First-Time Renters
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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 Sawmill Area, Albuquerque, NM
School data provided by Great Schools
Lifestyle Ratings
ApartmentHomeLiving.com compiles millions of data points to bring you Lifestyle Ratings of rentals in cities across the United States and customized analysis for Central Albuquerque, NM. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including filtering automatically for proximity to parks, luxury housing options, apartment complexes for the kids, raising pets, transit options, and other valuable search options. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!
Frequently Asked Questions about Cheap Sawmill Area Apartments
What is a cheap apartment in Sawmill Area?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Sawmill Area is under $1,050.
What is the price of a cheap apartment in Sawmill Area?
The cheapest apartment in Sawmill Area is Silver Gardens Apartments which is listed at $865, while the average apartment in Sawmill Area costs $1,257.
What types of apartments are the cheapest in Sawmill Area?
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 4 regular apartments in Sawmill Area 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 Sawmill Area?
Cheap apartments in Sawmill Area have an average cost of $190 which is $1,067 cheaper than the average rent for all rentals in Sawmill Area.
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

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.

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Albuquerque, New Mexico, offers culture, diversity, and beautiful landscapes. Each neighborhood blends historic charm with nature, education, and entertainment.
Articles, How-To's, and Tips

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