Cheap Apartments for Rent in the Sawmill Area Albuquerque, NM from $500 (31 Rentals)

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

property at 208 High St NE

208 High St NE

AlbuquerqueNM87102
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1420 4th St NW
1 to 2 Bedroom Apartments

1420 4th St NW

1420-1422 4th St NWAlbuquerque, NM 87102
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1405 Gold Ave SE
1 to 2 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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Arcadia Courtyard
1 Bedroom Apartments

Arcadia Courtyard

1020 Park Ave SWAlbuquerque, NM 87102
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Candelaria Gardens
2 Bedroom Apartments

Candelaria Gardens

820 Candelaria Rd NWAlbuquerque, NM 87107
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1611 Gold Ave SE
Studio Apartments

1611 Gold Ave SE

1611 Gold Ave SEAlbuquerque, NM 87106
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816 Coal Ave SW
1 to 2 Bedroom Apartments

816 Coal Ave SW

816 Coal Ave SWAlbuquerque, NM 87102
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210 High St NE
Studio to 1 Bedroom 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
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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

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 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 FlatsUnit Type AStudio,1BA$740
210 High St NE0 Beds, 1 BathsStudio,1BA$745
Union 505StudioStudio,1BA$817
Silver Moon LodgeStudioStudio,1BA$897
Peaks at Sandia View1x1-6381BR,1BA$900
Alvarado ApartmentsAStudio,1BA$969
Valley ApartmentsAzure Platinum1BR,1BA$1,015
Nine-O-Nine ApartmentsStudioStudio,1BA$1,095
The Artisan @ Sawmill VillageRetail SpaceStudio,$1,170

Best Value Apartments for Rent in Sawmill Area, NM

As of October 10, 2025 the best value apartment in the Sawmill Area area is the $1.49 price per square foot Two Bedroom, Two Bath with Balcony Model at Zocalo Lofts in the in the Netherwood Park neighborhood starting from $1,699. The second greatest value Sawmill Area apartment is the B2 Model at Olympus Highlands North starting at $1,880 with a $1.79 price per square foot in the Southeast Quadrant 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.
Zocalo LoftsTwo Bedroom, Two Bath with Balcony2BR,2BA$1.49
Olympus Highlands NorthB22BR,2BA$1.79
Peaks at Sandia View2x2R-9002BR,2BA$1.56
Marquee Village ApartmentsKaloDuo-Premium2BR,1BA$1.69
Poblana PlaceM 1/11BR,1BA$1.99
Cresta North Valley1 bed/1 bath1BR,1BA$1.60
Valley ApartmentsAzure Platinum1BR,1BA$1.60
Silver Moon LodgeStudioStudio ,1BA$1.76
210 High St NE0 Beds, 1 BathsStudio ,1BA$1.49
Silver Gardens ApartmentsStudio (60%)Studio ,1BA$1.90

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Sawmill Area, Albuquerque, NM

Ranked #118

Among cities in New Mexico for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.5
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 $1,170.

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 $1,700.

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 22 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 $423 which is $1,277 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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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.