
Cheap Apartments for Rent in the South Broadway Neighborhood of Albuquerque, NM from $475 (92 Rentals)
Search the lowest-cost Apartments available for rent right now in the South Broadway area of Albuquerque.


401 14th St NW

Citadel - Free Utilities

Encino Terrace Senior

Millennium Flats

Sage at 601

La Vida Nueva

2121 Gold Ave SE

115 Walter St NE

2120 Coal Ave SE
Your Guide to the Best Neighborhoods to Rent Near Albuquerque’s Top Employers
Moving to Albuquerque? Find the best neighborhoods near Sandia Labs, Presbyterian Healthcare Services, and UNM. Cut your commute, boost your quality of life, and find your perfect apartment or rental home.

412 10th St SW

110 Mesa St SE

1816 Lead Ave SE

Silver Gardens Apartments

The Beach

612 Arno St SE

Silver Moon Lodge

2801 Vail Ave SE, Unit 232

1217-1223 Dr Martin Luther King Jr Ave NE

501 Princeton Dr SE
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Zocalo Lofts

915 Walter St SE

1928 Buena Vista Dr SE

Total Monthly Price
412 Columbia Dr SE

Peaks at Sandia View

Alvarado Apartments

300 Tijeras Ave NE

1622 Coal Ave SE

Zodiac Apartments

300 San Pasquale Ave NW
Albuquerque Uncovered: Your Local Expert's Guide to the High Desert City
Find your perfect spot in ABQ. Get a local's breakdown of Albuquerque neighborhoods like Nob Hill and Downtown, plus tips on navigating the city’s unique charm and high-desert lifestyle.

Four Seasons

Total Monthly Price
Nine-O-Nine Apartments

Total Monthly Price
1207 Barelas St SW

Taylor Ridge Apartments

Princeton Hall Apartments

417 Sycamore St SE

1420 4th St NW

217 Walter St NE

Columbian Apartments

Sunport Plaza Apartments
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.

1405 Gold Ave SE

1207 Barelas Rd SW

1217-1223 Dr Martin Luther King Jr Ave NE

219 Walter St NE

Kachina Apartments

1516 Tijeras Ave NE

Columbia Apartments

Arcadia Courtyard

1801 Coal Pl SE

Sunshine Apartments
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
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 | $949 | $750 | $2,850 |
| South Broadway 1 Bedroom Apartments | $1,176 | $599 | $1,750 |
| South Broadway 2 Bedroom Apartments | $1,500 | $950 | $2,295 |
| South Broadway 3 Bedroom Apartments | $1,845 | $1,426 | $2,500 |
| South Broadway 4 Bedroom Apartments | $2,326 | $2,036 | $2,616 |
Browse Apartments in this Neighborhood
There are currently 92 rentals with your search options within a 2 mile radius of the South Broadway Neighborhood of Albuquerque, NM.
See all Apartments in AlbuquerqueExplore Albuquerque
South Broadway, Albuquerque, NM Local Guide
- Nearby Albuquerque neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
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. Sage at 601 has the second lowest priced unit, which is a Studio apartment currently listed from $799. 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 |
| Sage at 601 | 0 x 1 A | Studio,1BA | $799 |
| La Vida Nueva | Studios | Studio,1BA | $800 |
| Silver Gardens Apartments | Studio (50%) | Studio,1BA | $811 |
| 2121 Gold Ave SE | 2121 Gold Street SE - Unit 13 | 1BR,1BA | $850 |
| Silver Moon Lodge | Studio | Studio,1BA | $897 |
| 521-525 Cedar St SE | 1 Beds, 1 Baths | 1BR,1BA | $945 |
| Hacienda South | 1BR/1.0BA | 1BR,1BA | $995 |
| Peaks at Sandia View | 1x1-640 | 1BR,1BA | $1,000 |
Best Value Apartments for Rent in South Broadway, NM
As of August 23, 2026 the best value apartment in the South Broadway area is the $1.27 price per square foot 5 Bed/5 Bath TH Model at Diamond Elite Luxury Townhomes in the in the Southwest Quadrant neighborhood starting from $2,500. The second greatest value South Broadway apartment is the Three Bedroom Model at Taylor Ridge Apartments starting at $1,600 with a $1.28 price per square foot in the Southwest Quadrant 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. |
|---|---|---|---|
| Diamond Elite Luxury Townhomes | 5 Bed/5 Bath TH | 5BR,5BA | $1.27 |
| Taylor Ridge Apartments | Three Bedroom | 3BR,2BA | $1.28 |
| 521-525 Cedar St SE | 1 Beds, 1 Baths | 1BR,1BA | $0.88 |
| Four Seasons | 2br apartment corner unit | 2BR,1BA | $1.15 |
| Marquee Village Apartments | KaloDuo | 2BR,1BA | $1.51 |
| Nine-O-Nine Apartments | One Bedroom | 1BR,1BA | $1.68 |
| Zodiac Apartments | 2BR/1.0BA | 2BR,1BA | $1.57 |
| Hacienda South | 1BR/1.0BA | 1BR,1BA | $1.53 |
| 412 Columbia Dr SE | 412 Columbia Dr SE | 1BR,1BA | $1.54 |
| Peaks at Sandia View | 1x1R-640 | 1BR,1BA | $1.68 |
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 #151
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 the Cheapest Studio apartment in South Broadway?
Currently the most affordable Cheap Studio Apartment in South Broadway is at Diamond Elite Luxury Townhomes listed at $699.
How much is rent for a Cheap One Bedroom South Broadway Apartment?
The lowest price for a Cheap One Bedroom South Broadway Apartment is $850 at 2121 Gold Ave SE.
What is the lowest price for a Cheap Two Bedroom South Broadway Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in South Broadway is starting from $1,100 at Zodiac Apartments.
What is the most affordable South Broadway Three Bedroom Apartment?
The best deal on a cheap South Broadway Three Bedroom Apartment rental is at La Vida Nueva and starts from $1,426.
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

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.

Albuquerque Uncovered: Your Local Expert's 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.

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.

A Local Expert's 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.
Articles, How-To's, and Tips

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.