
Cheap Apartments for Rent in the Sawmill Area Albuquerque, NM from $400 (67 Rentals)
Search the lowest-cost Apartments available for rent right now in the Sawmill Area area of Albuquerque.


Total Monthly Price
Union 505

Millennium Flats

Villa De San Felipe

513 Candelaria Rd NW

1622 Coal Ave SE

401 14th St NW

The Beach

Silver Gardens Apartments

Silver Moon Lodge
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Total Monthly Price
508 5th St SW, Unit C

Alvarado Apartments

Peaks at Sandia View

Zocalo Lofts

370 Atrisco Dr SW

915 Walter St SE

Total Monthly Price
Valley Apartments

Total Monthly Price
Nine-O-Nine Apartments

The Artisan @ Sawmill Village

604 Arno St NE
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Total Monthly Price
1207 Barelas St SW

1521 Gold Ave SE

300 San Pasquale Ave NW

1409-1409 Hazeldine Ave SE

Total Monthly Price
1204 Sawmill Rd NW

505 Central Lofts

Calle Cuarta

1420 4th St NW

1405 Gold Ave SE

219 Walter St NE
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1516 Tijeras Ave NE

Arcadia Courtyard

Candelaria Gardens

1611 Gold Ave SE

210 High St NE

816 Coal Ave SW

El Sol

University Studio Apartments

545 Cedar St SE

543 Cedar St SE
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Sawmill Lofts

Aztec Manor

Villa Nueva Senior Apartments

Downtown @ 700

Regina & Walter/Silver Apartments

Rainbow Apartments

1320 Dr Martin Luther King Jr Ave NE

1606-1612 Coal Ave SE

The Crossroads

Faraday
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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 | $923 | $720 | $1,800 |
| Sawmill Area 1 Bedroom Apartments | $1,232 | $750 | $1,875 |
| Sawmill Area 2 Bedroom Apartments | $1,571 | $985 | $2,325 |
| Sawmill Area 3 Bedroom Apartments | $1,693 | $1,398 | $2,200 |
Browse Apartments in this Neighborhood
There are currently 67 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 210 High St NE priced from $700. Union 505 has the second lowest priced unit, which is a Studio apartment currently listed from $777. Here are the most affordable Sawmill Area apartments for rent in Albuquerque, NM:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 210 High St NE | 0 Beds, 1 Baths | Studio,1BA | $700 |
| Union 505 | Studio | Studio,1BA | $777 |
| Millennium Flats | Unit Type A | Studio,1BA | $790 |
| Villa De San Felipe | 0 x 1 B | Studio,1BA | $799 |
| Silver Gardens Apartments | Studio (60%) | Studio,1BA | $893 |
| Silver Moon Lodge | Studio | Studio,1BA | $897 |
| Alvarado Apartments | A | Studio,1BA | $969 |
| Zocalo Lofts | Studio | Studio,1BA | $975 |
| Peaks at Sandia View | 1x1R-638 | 1BR,1BA | $999 |
Best Value Apartments for Rent in Sawmill Area, NM
As of June 04, 2026 the best value apartment in the Sawmill Area area is the $1.58 price per square foot Two Bed Two Bath Loft Model at Monterey Place in the in the Alamosa neighborhood starting from $2,325. The second greatest value Sawmill Area 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 Sawmill Area apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Monterey Place | Two Bed Two Bath Loft | 2BR,2BA | $1.58 |
| Villas @ Rio | 2BR/2.0BA | 2BR,2BA | $1.76 |
| Marquee Village Apartments | KaloDuo | 2BR,1BA | $1.47 |
| 505 Central Lofts | Studio | Studio ,1BA | $1.76 |
| Mehran Lofts - Gold Avenue Realty, LLC | 0BR/1.0BA | Studio ,1BA | $1.75 |
| Cresta North Valley | Renovated | 1BR,1BA | $1.75 |
| Peaks at Sandia View | 1x1R-638 | 1BR,1BA | $1.57 |
| Valley Apartments | Azure Platinum | 1BR,1BA | $1.82 |
| Silver Moon Lodge | Studio | Studio ,1BA | $1.76 |
| 210 High St NE | 0 Beds, 1 Baths | Studio ,1BA | $1.40 |
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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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 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 $999.
What is the price of a cheap apartment in Sawmill Area?
The cheapest apartment in Sawmill Area is Peaks at Sandia View which is listed at $999, while the average apartment in Sawmill Area costs $1,727.
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 5 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 $157 which is $1,570 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

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Written by: Esther Lombardi
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