
Cheap Apartments for Rent in the Sawmill Area Albuquerque, NM from $400 (57 Rentals)
Search the lowest-cost Apartments available for rent right now in the Sawmill Area area of Albuquerque.


Millennium Flats

513 Candelaria Rd NW

Villa De San Felipe

Silver Gardens Apartments

Total Monthly Price
Union 505

The Beach

Silver Moon Lodge

915 Walter St SE

Zocalo Lofts
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Peaks at Sandia View

Alvarado Apartments

1237 Menaul Blvd NW

Total Monthly Price
Valley Apartments

604 Arno St NE

The Artisan @ Sawmill Village

Total Monthly Price
Nine-O-Nine Apartments

Total Monthly Price
1207 Barelas St SW

Calle Cuarta

1420 4th St NW
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1405 Gold Ave SE

219 Walter St NE

1516 Tijeras Ave NE

Arcadia Courtyard

Candelaria Gardens

123 Walter St NE

1611 Gold Ave SE

210 High St NE

816 Coal Ave SW

El Sol
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University Studio Apartments

545 Cedar St SE

Sawmill Lofts

Aztec Manor

Villa Nueva Senior Apartments

Downtown @ 700

Regina & Walter/Silver Apartments

1320 Dr Martin Luther King Jr Ave NE

Rainbow Apartments

426 Headingly Ave NW
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1606-1612 Coal Ave SE

The Crossroads

Faraday

Sterling Downtown

Imperial

Casitas de Colores

The Franz

Fourth Street Flats

1311 Barelas Rd SW

2440 Rose Ave NW
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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 | $939 | $720 | $1,800 |
| Sawmill Area 1 Bedroom Apartments | $1,215 | $750 | $1,875 |
| Sawmill Area 2 Bedroom Apartments | $1,605 | $995 | $2,250 |
| Sawmill Area 3 Bedroom Apartments | $1,597 | $1,398 | $1,800 |
Browse Apartments in this Neighborhood
There are currently 57 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 Encino Terrace Senior priced from $720. Millennium Flats has the second lowest priced unit, which is a Studio apartment currently listed from $775. Here are the most affordable Sawmill Area apartments for rent in Albuquerque, NM:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Encino Terrace Senior | Studio | Studio,1BA | $720 |
| Millennium Flats | Unit Type A | Studio,1BA | $775 |
| Union 505 | Studio | Studio,1BA | $776 |
| Villa De San Felipe | 0 x 1 B | Studio,1BA | $799 |
| Silver Gardens Apartments | 1 Bedroom (50%) | 1BR,1BA | $865 |
| Silver Moon Lodge | Studio | Studio,1BA | $897 |
| Peaks at Sandia View | 1x1-640 | 1BR,1BA | $975 |
| Zocalo Lofts | Studio | Studio,1BA | $975 |
| Valley Apartments | Azure Platinum | 1BR,1BA | $1,142 |
| The Artisan @ Sawmill Village | Retail Space | Studio, | $1,190 |
Best Value Apartments for Rent in Sawmill Area, NM
As of July 22, 2026 the best value apartment in the Sawmill Area area is the $1.69 price per square foot 2BR/2.0BA Model at Villas @ Rio in the in the Northwest Quadrant neighborhood starting from $1,825. The second greatest value Sawmill Area apartment is the D+ 1/1 Model at Poblana Place starting at $1,500 with a $1.67 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. |
|---|---|---|---|
| Villas @ Rio | 2BR/2.0BA | 2BR,2BA | $1.69 |
| Poblana Place | D+ 1/1 | 1BR,1BA | $1.67 |
| Marquee Village Apartments | KaloDuo | 2BR,1BA | $1.51 |
| 505 Central Lofts | Studio | Studio ,1BA | $1.76 |
| Mehran Lofts - Gold Avenue Realty, LLC | 0BR/1.0BA | Studio ,1BA | $1.78 |
| Nine-O-Nine Apartments | One Bedroom | 1BR,1BA | $1.68 |
| Cresta North Valley | Renovated | 1BR,1BA | $1.75 |
| Peaks at Sandia View | 1x1R-638 | 1BR,1BA | $1.68 |
| Silver Gardens Apartments | 1 Bedroom (60%) | 1BR,1BA | $1.70 |
| 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 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.
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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 $1,190.
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 $1,583.
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 3 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 $193 which is $1,390 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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