Cheap Apartments for Rent in the Sawmill Area Albuquerque, NM from $500 (41 Rentals)

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

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.

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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1405 Gold Ave SE
1 Bedroom Apartments

1405 Gold Ave SE

1405 Gold Ave SEAlbuquerque, NM 87106
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219 Walter St NE
1 Bedroom Apartments

219 Walter St NE

219-223 Walter St SEAlbuquerque, NM 87102
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1516 Tijeras Ave NE
1 Bedroom Apartments

1516 Tijeras Ave NE

1516-1522 Tijeras Ave NEAlbuquerque, NM 87106
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Candelaria Gardens
2 Bedroom Apartments

Candelaria Gardens

820 Candelaria Rd NWAlbuquerque, NM 87107
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Arcadia Courtyard
1 Bedroom Apartments

Arcadia Courtyard

1020 Park Ave SWAlbuquerque, NM 87102
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1611 Gold Ave SE
Studio Apartments

1611 Gold Ave SE

1611 Gold Ave SEAlbuquerque, NM 87106
  • Utilities Included

Check Out Albuquerque’s Best Affordable Neighborhoods

Learn about Albuquerque and the best places to live with original content written by our Local Expert Esther Lombardi

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816 Coal Ave SW
1 Bedroom Apartments

816 Coal Ave SW

816 Coal Ave SWAlbuquerque, NM 87102
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210 High St NE
Studio Apartments

210 High St NE

210 High St NEAlbuquerque, NM 87102
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Sawmill Lofts
1 to 3 Bedroom Apartments

Sawmill Lofts

1801 Bellamah Ave NWAlbuquerque, NM 87104
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Aztec Manor
1 to 2 Bedroom Apartments

Aztec Manor

403 Aztec Rd NWAlbuquerque, NM 87107

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Sterling Downtown
Studio Apartments

Sterling Downtown

800 Silver Ave SWAlbuquerque, NM 87102
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Downtown @ 700
Studio Apartments

Downtown @ 700

700 2nd St NWAlbuquerque, NM 87102
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The Crossroads
Studio Apartments

The Crossroads

315 Central Ave NWAlbuquerque, NM 87102
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Faraday
2 Bedroom Apartments

Faraday

4322 4th St NWAlbuquerque, NM 87107
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The Franz
Studio Apartments

The Franz

1716 Central Ave NWAlbuquerque, NM 87104
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Casitas de Colores
2 to 3 Bedroom Apartments

Casitas de Colores

215 Lead Ave SWAlbuquerque, NM 87102
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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Fourth Street Flats
2 Bedroom Apartments

Fourth Street Flats

4419 4th St NWAlbuquerque, NM 87107
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Old Town Casitas
1 Bedroom Apartments

Old Town Casitas

200 Rio Grande Blvd SWAlbuquerque, NM 87104
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120 10th St NW
Studio Apartments

120 10th St NW

120 10th St NWAlbuquerque, NM 87102

Sawmill Area, Albuquerque, NM Local Guide

Cheapest Available Sawmill Area Apartments for Rent

 

The cheapest available apartment rental in the Sawmill Area area of Albuquerque, NM is a 1 Bed unit found at Silver Gardens Apartments priced from $740. Millennium Flats - Washer-Dryer Included has the second lowest priced unit, which is a Studio apartment currently listed from $740. Here are the most affordable Sawmill Area apartments for rent in Albuquerque, NM:

Apartment ListingModel NameBed/BathPriced From
Silver Gardens Apartments1 Bedroom (50%)1BR,1BA$740
Millennium Flats - Washer-Dryer IncludedStudioStudio,1BA$740
Union 505StudioStudio,1BA$810
Zocalo LoftsStudioStudio,1BA$900
Peaks at Sandia View1x1-6381BR,1BA$950
Nine-O-Nine ApartmentsOne Bedroom1BR,1BA$1,045
Alvarado ApartmentsAStudio,1BA$1,050
The Artisan @ Sawmill VillageRetail SpaceStudio,$1,120
Valley ApartmentsRiver Platinum2BR,1BA$1,188
Cresta North Valley1 bed/1 bath1BR,1BA$1,199

Best Value Apartments for Rent in Sawmill Area, NM

As of June 28, 2025 the best value apartment in the Sawmill Area area is the $1.81 price per square foot B3 Model at Olympus Highlands North in the in the Southeast Quadrant neighborhood starting from $2,182. The second greatest value Sawmill Area apartment is the Amazing Model at 873-895 Silver Ave SW starting at $1,450 with a $1.50 price per square foot in the Hunning Highland neighborhood. Here is today’s list of the best values for Sawmill Area apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Olympus Highlands NorthB32BR,2BA$1.81
873-895 Silver Ave SWAmazing1BR,1BA$1.50
Marquee Village ApartmentsKaloDuo-Premium2BR,1BA$1.59
Valley ApartmentsRiver Platinum2BR,1BA$1.52
Cresta North Valley1 bed/1 bath1BR,1BA$1.60
Nine-O-Nine ApartmentsOne Bedroom1BR,1BA$1.47
The Artisan @ Sawmill Village1x1 Market 647 sq.ft.1BR,1BA$2.09
Peaks at Sandia View1x1R-6401BR,1BA$1.64
Zocalo LoftsStudioStudio ,1BA$1.95
Silver Gardens ApartmentsStudio (60%)Studio ,1BA$1.90

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Sawmill Area, Albuquerque, NM

Ranked #196

Among neighborhoods in Albuquerque, NM for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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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!

Getting Around the Sawmill Area Neighborhood in Albuquerque, NM

Walk Score®

70 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

82 / 100

Very Bikeable

Biking is convenient for most trips

Transit Score®

39 / 100

Some Transit

A few nearby public transportation options

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 $1,199.

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 $740, while the average apartment in Sawmill Area costs $2,450.

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 10 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 $200 which is $2,250 cheaper than the average rent for all rentals in Sawmill Area.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.