Cheap Homes for Rent in the South Broadway Neighborhood of Albuquerque, NM from $750 (9 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

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.

property at 2801 Vail Ave SE
$899

Total Monthly Price

Base Rent$899

Total Monthly Price$899
Studio, 1 Bath Condo for Rent
Available Now
Affordability

2801 Vail Ave SE, Unit 232

2801 Vail Ave SE
AlbuquerqueNM87106
  • Smoke Free

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.

property at 2800 Vail Ave SE
$1,080 - $1,200
1 Bedroom Rentals
Available Now
Affordability

2800 Vail Ave SE

AlbuquerqueNM87106

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. Sunset Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $765. 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
Sunset Apartments1bd/1ba - Unit 1-6 - 1031 Sunset1BR,1BA$765
Citadel - Free UtilitiesStudioStudio,1BA$794

Best Value Apartments for Rent in South Broadway, NM

As of September 07, 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Diamond Elite Luxury Townhomes5 Bed/5 Bath TH5BR,5BA$1.27
Taylor Ridge ApartmentsThree Bedroom3BR,2BA$1.28
521-525 Cedar St SE1 Beds, 1 Baths1BR,1BA$0.88
Four Seasons2br apartment corner unit2BR,1BA$1.15
Peaks at Sandia View2x2R-9002BR,2BA$1.58
Silver Gardens ApartmentsTwo Bedroom, Two Bath (60%)2BR,2BA$1.59
Nine-O-Nine ApartmentsOne Bedroom1BR,1BA$1.68
Zodiac Apartments2BR/1.0BA2BR,1BA$1.57
1516 Tijeras Ave NE1 Bed, 1 bath1BR,1BA$1.46
Sunset Apartments1bd/1ba - Unit 1-6 - 1031 Sunset1BR,1BA$1.39

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 Article
Decorative image

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.

Read Article
Decorative image

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

Read Article

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.

Read Article
Decorative image

Quick 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.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
South Broadway, Albuquerque, NM

Ranked #136

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

decorative image of woman handing cat to small boy

Frequently Asked Questions about South Broadway

What type of rentals are currently available in South Broadway?

There are currently 386 Apartments for Rent in South Broadway, NM with pricing that ranges from $599 to $2,725. There are also 53 Single Family Homes for rent, Condos, and Townhome rentals currently available in South Broadway ranging from $750 to $2,750.

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 $750 to $2,750 with an average monthly rent of $1,884.

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 $1,426 to $2,500, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,600 to $2,750. Four Bedroom Single-Family rentals are also available starting from $2,450 and Four Bedroom Apartments start at $1,500.

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

decorative image for Your Guide to the Best Neighborhoods to Rent Near Albuquerques Top Employers   article

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.

decorative image for Albuquerque Uncovered: Your Local Expert's Guide to the High Desert City article

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.

decorative image for The Students Guide to Albuquerque: Top Neighborhoods That Put CNM and UNM Life Within Reach article

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.

decorative image for A Local Expert's Guide To The Best Budget-Friendly Neighborhoods to Rent in Albuquerque article

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

decorative image for Rent According to Income: A Look at Income-Restricted Rentals   article

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.

decorative image for Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My! article

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

decorative image for Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags   article

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.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

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.