
Cheap Apartments for Rent in the South Broadway Neighborhood of Albuquerque, NM from $400 (78 Rentals)
Search the lowest-cost Apartments available for rent right now in the South Broadway area of Albuquerque.


Encino Terrace Senior

113 Girard Blvd SE

Millennium Flats

Citadel - Free Utilities

Villa De San Felipe

2121 Gold Ave SE

La Vida Nueva

1622 Coal Ave SE

401 14th St NW
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

The Beach

Pine St Studios

Silver Gardens Apartments

402 Richmond Dr SE

Silver Moon Lodge

Total Monthly Price
508 5th St SW, Unit C, Unit C

Peaks at Sandia View

Zocalo Lofts

Alvarado Apartments

915 Walter St SE
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.

Total Monthly Price
412 Columbia Dr SE, Unit A, Unit A

211 Vassar Dr SE

2xx Bryn Mawr Dr SE

1928 Buena Vista Dr SE

Total Monthly Price
Nine-O-Nine Apartments

Four Seasons

Total Monthly Price
1207 Barelas St SW

1521 Gold Ave SE

Taylor Ridge Apartments

118 Princeton Dr SE
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.

Princeton Hall Apartments

1420 4th St NW

Columbian Apartments

Sunport Plaza Apartments

1405 Gold Ave SE

219 Walter St NE

Kachina Apartments

1516 Tijeras Ave NE

Columbia Apartments

Sunshine Apartments
Cash 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.

Arcadia Courtyard

1801 Coal Pl SE

1611 Gold Ave SE

210 High St NE

816 Coal Ave SW

El Sol

Carousel

University Studio Apartments

543 Cedar St SE

545 Cedar St 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.
South Broadway, Albuquerque, NM Local Guide

How much does it cost to rent an apartment in South Broadway?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| South Broadway Studio Apartments | $953 | $720 | $1,800 |
| South Broadway 1 Bedroom Apartments | $1,187 | $599 | $1,850 |
| South Broadway 2 Bedroom Apartments | $1,534 | $1,066 | $2,795 |
| South Broadway 3 Bedroom Apartments | $1,712 | $1,250 | $2,500 |
Browse Apartments in this Neighborhood
There are currently 78 rentals with your search options within a 2 mile radius of the South Broadway Neighborhood of Albuquerque, NM.
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South Broadway, Albuquerque, NM Local Guide
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Cheapest Available South Broadway Apartments for Rent
 The cheapest available apartment rental in the South Broadway area of Albuquerque, NM is a Studio unit found at Diamond Elite Luxury Townhomes priced from $699. 210 High St NE has the second lowest priced unit, which is a Studio apartment currently listed from $700. Here are the most affordable South Broadway apartments for rent in Albuquerque, NM:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Diamond Elite Luxury Townhomes | Studio/1 Bath | Studio,1BA | $699 |
| 210 High St NE | 0 Beds, 1 Baths | Studio,1BA | $700 |
| Encino Terrace Senior | Studio | Studio,1BA | $720 |
| Millennium Flats | Unit Type A | Studio,1BA | $790 |
| Villa De San Felipe | 0 x 1 B | Studio,1BA | $799 |
| La Vida Nueva | Studios | Studio,1BA | $800 |
| Spacious 2 Bedroom Apartment with Private Patio | 1 bedroom 1 bathroom | 1BR,1BA | $829 |
| Pine St Studios | Unit 08 | 1BR,1BA | $850 |
| 2121 Gold Ave SE | 2121 Gold Street SE - Unit 13 | 1BR,1BA | $850 |
| Silver Gardens Apartments | Studio (60%) | Studio,1BA | $893 |
Best Value Apartments for Rent in South Broadway, NM
As of May 24, 2026 the best value apartment in the South Broadway area is the $1.28 price per square foot Three Bedroom Model at Taylor Ridge Apartments in the in the Southwest Quadrant neighborhood starting from $1,600. The second greatest value South Broadway apartment is the 817 Slate Ave NW Model at 817 Slate Ave NW, Unit 817 starting at $1,690 with a $1.41 price per square foot in the Hunning Highland neighborhood. Here is today’s list of the best values for South Broadway apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Taylor Ridge Apartments | Three Bedroom | 3BR,2BA | $1.28 |
| 817 Slate Ave NW, Unit 817 | 817 Slate Ave NW | 2BR,1BA | $1.41 |
| Four Seasons | 2br apartment corner unit | 2BR,1BA | $1.15 |
| 1013 Dickerson Dr SE, Unit B | 1013 Dickerson Dr SE | 2BR,1BA | $1.50 |
| Marquee Village Apartments | KaloDuo | 2BR,1BA | $1.47 |
| Zodiac Apartments | 2BR/1.0BA | 2BR,1BA | $1.57 |
| Spacious 2 Bedroom Apartment with Private Patio | 1 bedroom 1 bathroom | 1BR,1BA | $1.28 |
| Pine St Studios | Unit 08 | 1BR,1BA | $1.31 |
| Peaks at Sandia View | 1x1R-638 | 1BR,1BA | $1.57 |
| 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.
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.
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.
Pet Friendly LifestyleSouth Broadway, Albuquerque, NM
Ranked #154
Among cities in New Mexico for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in South Broadway, Albuquerque, NM
School data provided by Great Schools
Lifestyle Ratings
Our team compiles millions of data points to bring you comprehensive Lifestyle Ratings of rentals in metropolitan areas across the United States including South Broadway, Albuquerque, and the greater Albuquerque area. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including searching for the best amenities, and easy access to the parks, transit availability, pet-friendly communities, family-friendliness, and much more. Find Lifestyle Search in the filter options (above). Happy Searching!
Frequently Asked Questions about Cheap South Broadway Apartments
What is a cheap apartment in South Broadway?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in South Broadway is under $893.
What is the price of a cheap apartment in South Broadway?
The cheapest apartment in South Broadway is Spacious 2 Bedroom Apartment with Private Patio which is listed at $829, while the average apartment in South Broadway costs $1,550.
What types of apartments are the cheapest in South Broadway?
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 13 regular apartments in South Broadway that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
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

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.

The Students Guide to Albuquerque: Top Neighborhoods That Put CNM and UNM Life Within Reach
Written by: Esther Lombardi
There’s more to Albuquerque than just the breathtaking landscapes and tasty green chilies. As both a student and a parent, I see Albuquerque as a learning hub that nurtures curiosity and encourages growth and enrichment.

Albuquerque Uncovered: Your Local Experts Guide to the High Desert City
Written by: Esther Lombardi
Hello from Albuquerque, New Mexico! I’m Esther, your ApartmentHomeLiving.com Local Expert for Albuquerque, and I’m here to give you the inside scoop on this unique city.

Your Guide to the Best Neighborhoods to Rent Near Albuquerques Top Employers
Written by: Esther Lombardi
I still recollect my first morning commute in Albuquerque.
Articles, How-To's, and Tips

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.