Cheap Apartments for Rent in the South Los Altos Neighborhood of Albuquerque, NM from $400 (42 Rentals)

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Search the lowest-cost Apartments available for rent right now in the South Los Altos area of Albuquerque.

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.

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Tesota Four Hills
Rent Specials
$803 - $2,279
Total Monthly Price

Total Monthly Price

Base Rent
$803 - $2,279
Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

Tesota Four Hills

301 Western Skies Dr SEAlbuquerque, NM 87123
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Tesota Midtown
Rent Specials
$857 - $1,642
Total Monthly Price

Total Monthly Price

Base Rent
$857 - $1,642
Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

Tesota Midtown

200 Figueroa St NEAlbuquerque, NM 87123
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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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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.

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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.

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Glorieta
2 Bedroom Apartments

Glorieta

115-131 Glorieta St NEAlbuquerque, NM 87123
  • Utilities Included
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134-136 Altez St NE
2 Bedroom Apartments

134-136 Altez St NE

134-136 Altez St NEAlbuquerque, NM 87123
  • Utilities Included

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Los Altos Towers
Studio to 2 Bedroom Apartments

Los Altos Towers

9125 Copper Ave NEAlbuquerque, NM 87123
Showing Results 1-42, Page 1 of 1

Cheapest Available South Los Altos Apartments for Rent

 

The cheapest available apartment rental in the South Los Altos area of Albuquerque, NM is a Studio unit found at The Loop @950 priced from $645. White Oak Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $716. Here are the most affordable South Los Altos apartments for rent in Albuquerque, NM:

Apartment ListingModel NameBed/BathPriced From
The Loop @9500x1 - 280Studio,1BA$645
White Oak Apartments1x11BR,1BA$716
FREE UTILITIES!! GREAT VIBES!!Sailor Interior UnitsStudio,1BA$720
Nova RidgeS1Studio,1BA$725
The Twelve 6011BR/1.0BA1BR,1BA$745
Nova Point Gated Community0BR/1.0BAStudio,1BA$750
The Villas @ UptownStudio ClassicStudio,1BA$800
Somerset ParkStudioStudio,1BA$822
Lexington Place ApartmentsStudioStudio,1BA$840
El Pueblo ApartmentsStudioStudio,1BA$840

Best Value Apartments for Rent in South Los Altos, NM

As of April 15, 2026 the best value apartment in the South Los Altos area is the $1.09 price per square foot B1 Model at The Portals Apartments in the in the South San Pedro neighborhood starting from $985. The second greatest value South Los Altos apartment is the 2bd/1ba Model at Home @ Valencia starting at $995 with a $1.10 price per square foot in the South San Pedro neighborhood. Here is today’s list of the best values for South Los Altos apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Portals ApartmentsB12BR,1BA$1.09
Home @ Valencia2bd/1ba2BR,1BA$1.10
520 Tennessee St NE2bed/1 ba Unfurnished2BR,1BA$1.39
The Twelve 6012BR/1.0BA2BR,1BA$1.09
147 General Arnold St NE, Unit 4147 General Arnold St NE1BR,1BA$1.15
Villa Apartments1 Bed 1 Bath1BR,1BA$1.37
Tesota Four HillsB1R2BR,1BA$1.17
White Oak Apartments1x11BR,1BA$1.03
The Ridge1 Bedroom 1 Bathroom1BR,1BA$1.38
The Lanai Apartments3rd Floor 1be/1bath1BR,1BA$1.38

Frequently Asked Questions about Cheap South Los Altos Apartments

What is a cheap apartment in South Los Altos?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in South Los Altos is under $840.

What is the price of a cheap apartment in South Los Altos?

The cheapest apartment in South Los Altos is White Oak Apartments which is listed at $716, while the average apartment in South Los Altos costs $1,440.

What types of apartments are the cheapest in South Los Altos?

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 31 regular apartments in South Los Altos that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in South Los Altos?

Cheap apartments in South Los Altos have an average cost of $138 which is $1,302 cheaper than the average rent for all rentals in South Los Altos.

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

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

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.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.

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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.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.