
Cheap Homes for Rent in South Broadway Neighborhood of Albuquerque, NM from $700 (14 Rentals)
Search the lowest-cost Homes available for rent right now in the South Broadway area of Albuquerque.


545 Cedar St SE

240 Wheeler Ave SE

1508 John St, Unit A

1216 High St SE

614 11th St SW

516 Lewis Ave SE, Unit 516
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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.

525 Cedar St SE

300 Tijeras Ave NE

409 Harvard Dr SE

301 Central Ave NE, Unit 101

1508 Edith Blvd NE

301 Central Ave NE, Unit 117

522 14th St NW
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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.
South Broadway, Albuquerque, NM Local Guide

How much does it cost to rent a home in South Broadway?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| South Broadway 2 Bedroom Homes for Rent | $1,760 | $950 | $3,000 |
| South Broadway 3 Bedroom Homes for Rent | $1,978 | $1,450 | $2,600 |
| South Broadway 4 Bedroom Homes for Rent | $1,900 | $1,900 | $1,900 |
| South Broadway 5 Bedroom Homes for Rent | $2,695 | $2,695 | $2,695 |
Browse Homes for Rent in this Neighborhood
There are currently 14 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 $735. 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 | $735 |
| Villa De San Felipe | 1x1D | 1BR,1BA | $784 |
| Millennium Flats | Unit Type A | Studio,1BA | $790 |
| La Vida Nueva | Studios | Studio,1BA | $800 |
Best Value Apartments for Rent in South Broadway, NM
As of April 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 $2,000 with a $1.67 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 | $1.67 |
| Four Seasons | 2br apartment corner unit | 2BR,1BA | $1.10 |
| 417 Princeton Dr. SE, Unit "B" | 417 Princeton Dr. SE | 1BR,1BA | $1.33 |
| Marquee Village Apartments | KaloDuo | 2BR,1BA | $1.47 |
| Silver Gardens Apartments | Two Bedroom, Two Bath (60%) - $200 Special | 2BR,2BA | $1.43 |
| 505 Central Lofts | Studio | Studio ,1BA | $1.35 |
| Zodiac Apartments | 2BR/1.0BA | 2BR,1BA | $1.57 |
| Peaks at Sandia View | 1x1R-638 | 1BR,1BA | $1.68 |
| 210 High St NE | 0 Beds, 1 Baths | Studio ,1BA | $1.47 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleThe Student's Guide to Albuquerque: Top Neighborhoods That Put CNM and UNM Life Within Reach
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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 #179
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
Frequently Asked Questions about South Broadway
What type of rentals are currently available in South Broadway?
There are currently 377 Apartments for Rent in South Broadway, NM with pricing that ranges from $599 to $2,500. There are also 59 Single Family Homes for rent, Condos, and Townhome rentals currently available in South Broadway ranging from $750 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 $750 to $3,000 with an average monthly rent of $1,809.
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 $1,250 to $2,500, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,450 to $2,600. Four Bedroom Single-Family rentals are also available starting from $1,900 and Four Bedroom Apartments start at $2,400.
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.

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.