Cheap Homes for Rent in the South Broadway Neighborhood of Albuquerque, NM from $600 (11 Rentals)

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Search the lowest-cost Homes available for rent right now in the South Broadway area of Albuquerque.

Your Guide to the Best Neighborhoods to Rent Near Albuquerque’s Top Employers

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South Broadway, Albuquerque, NM Local Guide

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. Encino Terrace Senior has the second lowest priced unit, which is a Studio apartment currently listed from $720. Here are the most affordable South Broadway apartments for rent in Albuquerque, NM:

Apartment ListingModel NameBed/BathPriced From
Diamond Elite Luxury TownhomesStudio/1 BathStudio,1BA$699
Encino Terrace SeniorStudioStudio,1BA$720
Millennium FlatsUnit Type AStudio,1BA$775
Sage at 6010 x 1 CStudio,1BA$799
La Vida NuevaStudiosStudio,1BA$800

Best Value Apartments for Rent in South Broadway, NM

As of July 24, 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 The Churchill Model at Broadstone Towne Center starting at $2,070 with a $1.59 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Diamond Elite Luxury Townhomes5 Bed/5 Bath TH5BR,5BA$1.27
Broadstone Towne CenterThe Churchill3BR,2BA$1.59
Taylor Ridge ApartmentsThree Bedroom3BR,2BA$1.28
Four Seasons2br apartment corner unit2BR,1BA$1.15
Marquee Village ApartmentsKaloDuo2BR,1BA$1.51
Nine-O-Nine ApartmentsOne Bedroom1BR,1BA$1.68
Zodiac Apartments2BR/1.0BA2BR,1BA$1.57
412 Columbia Dr SE, Unit A412 Columbia Dr SE1BR,1BA$1.54
Peaks at Sandia View1x1R-6381BR,1BA$1.68
2121 Gold Ave SE2121 Gold Street SE - Unit 131BR,1BA$1.70

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.

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Don'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.

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Real 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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Quick Rent Budget Calculator

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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.

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Pet Friendly Lifestyle
South Broadway, Albuquerque, NM

Ranked #154

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Frequently Asked Questions about South Broadway

What type of rentals are currently available in South Broadway?

There are currently 383 Apartments for Rent in South Broadway, NM with pricing that ranges from $599 to $2,725. There are also 48 Single Family Homes for rent, Condos, and Townhome rentals currently available in South Broadway ranging from $650 to $3,000.

What is the current price range for Rental Homes in South Broadway?

Today's rental pricing for Homes for Rent, Condos and Townhomes in South Broadway ranges from $650 to $3,000 with an average monthly rent of $1,900.

How much are larger Three and Four Bedroom Rentals in South Broadway?

For those who are looking for larger living arrangements, Three Bedroom Apartments in South Broadway range from $1,050 to $2,600, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,600 to $2,600. Four Bedroom Single-Family rentals are also available starting from $2,800 and Four Bedroom Apartments start at $2,036.

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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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.

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