
Cheap Apartments for Rent in the Sawmill Area Albuquerque, NM from $500 (42 Rentals)
Search the lowest-cost Apartments available for rent right now in the Sawmill Area area of Albuquerque.


Silver Gardens Apartments

Union 505

Millennium Flats

208 High St NE

1622 Coal Ave SE

401 14th St NW

The Beach
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.

1415 Gold Ave SE

Villa de San Felipe

Silver Moon Lodge

Mehran Lofts

Imperial

Zocalo Lofts

Alvarado Apartments

Peaks at Sandia View
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

505 Central Lofts

1420 4th St NW

1405 Gold Ave SE

219 Walter St NE

1516 Tijeras Ave NE

Candelaria Gardens

Arcadia Courtyard

1611 Gold Ave SE
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.

816 Coal Ave SW

Villa Nueva Senior Apartments

Chaparral - No Availability

Calle Cuarta

Sawmill Lofts

Aztec Manor

Downtown @ 700

210 High St NE
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.

Regina & Walter/Silver Apartments

Rainbow Apartments

1606-1612 Coal Ave SE

The Crossroads

Faraday

Sterling Downtown

Marquee Village Apartments

The Franz
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

Casitas de Colores

University Studio Apartments
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 | $1,121 | $695 | $1,800 |
| Sawmill Area 1 Bedroom Apartments | $1,165 | $725 | $2,125 |
| Sawmill Area 2 Bedroom Apartments | $1,602 | $1,132 | $2,646 |
| Sawmill Area 3 Bedroom Apartments | $1,908 | $1,500 | $3,195 |
Browse Apartments in this Neighborhood
There are currently 42 rentals with your search options within a 2 mile radius of the Sawmill Area Neighborhood of Albuquerque, NM.
See all Apartments in AlbuquerqueExplore Albuquerque
Sawmill Area, Albuquerque, NM Local Guide
- Nearby Albuquerque neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
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. Union 505 has the second lowest priced unit, which is a Studio apartment currently listed from $764. Here are the most affordable Sawmill Area apartments for rent in Albuquerque, NM:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Silver Gardens Apartments | 1 Bedroom (50%) | 1BR,1BA | $740 |
| Union 505 | Studio | Studio,1BA | $764 |
| Millennium Flats | Unit Type B | Studio,1BA | $795 |
| 210 High St NE | 1 Beds, 1 Baths | 1BR,1BA | $825 |
| Silver Moon Lodge | Studio | Studio,1BA | $897 |
| Imperial | Studio - Call for Availability | Studio,1BA | $900 |
| Mehran Lofts | Studio | 1BR,1BA | $900 |
| Alvarado Apartments | A | Studio,1BA | $969 |
| Peaks at Sandia View | 1x1-640 | 1BR,1BA | $1,000 |
| 505 Central Lofts | Studio | Studio,1BA | $1,000 |
Best Value Apartments for Rent in Sawmill Area, NM
As of January 11, 2026 the best value apartment in the Sawmill Area area is the $1.39 price per square foot 2 bed/2 bath Model at Cresta North Valley in the in the Northwest Quadrant neighborhood starting from $1,385. The second greatest value Sawmill Area apartment is the KaloDuo Model at Marquee Village Apartments starting at $1,150 with a $1.41 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Cresta North Valley | 2 bed/2 bath | 2BR,2BA | $1.39 |
| Marquee Village Apartments | KaloDuo | 2BR,1BA | $1.41 |
| Villa de San Felipe | Hawthorn | 2BR,1BA | $1.59 |
| Poblana Place | I 1/1 | 1BR,1BA | $1.92 |
| Mehran Lofts | Large Studio | Studio ,1BA | $1.75 |
| 210 High St NE | 1 Beds, 1 Baths | 1BR,1BA | $1.27 |
| Peaks at Sandia View | 1x1R-640 | 1BR,1BA | $1.64 |
| Silver Gardens Apartments | 1 Bedroom (60%) | 1BR,1BA | $1.54 |
| Imperial | Studio - Call for Availability | Studio ,1BA | $1.69 |
| 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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
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 $1,000.
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 $1,784.
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 27 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 $230 which is $1,554 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.
Articles, How-To's, and Tips

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.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.