Cheap Apartments for Rent in the Spruce Park Neighborhood of Albuquerque, NM from $400 (109 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Spruce Park area of Albuquerque.

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Union 505
Rent Specials
$789 - $2,756
Total Monthly Price

Total Monthly Price

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$789 - $2,756
Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Union 505

801 Locust Pl NEAlbuquerque, NM 87102
Active Lifestyle
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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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property at 401 14th St NW

$760 - $825

Studio Rentals

Available Now

401 14th St NW

AlbuquerqueNM87104

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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Nine-O-Nine Apartments
$1,095 - $1,395
Total Monthly Price

Total Monthly Price

Base Rent
$1,095 - $1,395
Total Monthly Price
$1,095 - $1,395
Studio to 2 Bedroom Apartments Available Now

Nine-O-Nine Apartments

909 Tijeras Ave NWAlbuquerque, NM 87102
Transit Friendly
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  • Utilities Included
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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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Valley Apartments
Rent Specials
$1,100 - $1,685
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$1,100 - $1,685
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1 to 3 Bedroom Apartments Available Now

Valley Apartments

1812 Indian School Rd NWAlbuquerque, NM 87104
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Glo Apartments
$1,249 - $1,844
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Total Monthly Price

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$1,249 - $1,844
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Studio to 2 Bedroom Apartments Available Now

Glo Apartments

3901 Indian School Rd NEAlbuquerque, NM 87110
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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Princeton Hall Apartments
Studio to 1 Bedroom Apartments

Princeton Hall Apartments

318-320 Princeton Dr SEAlbuquerque, NM 87106
  • Utilities Included
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3409 Crest Ave SE
1 Bedroom Apartments

3409 Crest Ave SE

3409 Crest Ave SEAlbuquerque, NM 87106
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1420 4th St NW
1 to 2 Bedroom Apartments

1420 4th St NW

1420-1422 4th St NWAlbuquerque, NM 87102
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Columbian Apartments
1 to 2 Bedroom Apartments

Columbian Apartments

208 Columbia Dr SEAlbuquerque, NM 87106
  • Utilities Included

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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Spruce Park, Albuquerque, NM Local Guide

Cheapest Available Spruce Park Apartments for Rent

 

The cheapest available apartment rental in the Spruce Park area of Albuquerque, NM is a Studio unit found at 210 High St NE priced from $700. Encino Terrace Senior has the second lowest priced unit, which is a Studio apartment currently listed from $720. Here are the most affordable Spruce Park apartments for rent in Albuquerque, NM:

Apartment ListingModel NameBed/BathPriced From
210 High St NE0 Beds, 1 BathsStudio,1BA$700
Encino Terrace SeniorStudioStudio,1BA$720
Union 505StudioStudio,1BA$784
Millennium FlatsUnit Type AStudio,1BA$790
Villa De San Felipe0x1CStudio,1BA$799
La Vida NuevaStudiosStudio,1BA$800
Spacious 2 Bedroom Apartment with Private Patio1 bedroom 1 bathroom1BR,1BA$829
Pine St StudiosUnit 081BR,1BA$850
2121 Gold Ave SE2121 Gold Street SE - Unit 131BR,1BA$850
Silver Gardens ApartmentsStudio (60%)Studio,1BA$893

Best Value Apartments for Rent in Spruce Park, NM

As of May 21, 2026 the best value apartment in the Spruce Park area is the $1.41 price per square foot 817 Slate Ave NW Model at 817 Slate Ave NW, Unit 817 in the in the Hunning Highland neighborhood starting from $1,690. The second greatest value Spruce Park apartment is the 2br apartment corner unit Model at Four Seasons starting at $1,150 with a $1.15 price per square foot in the Southeast Quadrant neighborhood. Here is today’s list of the best values for Spruce Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
817 Slate Ave NW, Unit 817817 Slate Ave NW2BR,1BA$1.41
Four Seasons2br apartment corner unit2BR,1BA$1.15
417 Princeton Dr. SE, Unit "B"417 Princeton Dr. SE1BR,1BA$1.33
1013 Dickerson Dr SE, Unit B1013 Dickerson Dr SE2BR,1BA$1.50
Marquee Village ApartmentsKaloDuo2BR,1BA$1.47
Villas Del Cielo1 Bedroom1BR,1BA$1.41
Updated Studio, one bedroom and two bedroom units1BD1BR,1BA$1.38
Spacious 2 Bedroom Apartment with Private Patio1 bedroom 1 bathroom1BR,1BA$1.28
Pine St StudiosUnit 081BR,1BA$1.31
210 High St NE0 Beds, 1 BathsStudio ,1BA$1.40

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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Pet Friendly Lifestyle
Spruce Park, Albuquerque, NM

Ranked #145

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Spruce Park, Albuquerque, NM

School data provided by Great Schools

Lifestyle Ratings

Our team compiles millions of data points to bring you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals in cities across the United States including Spruce Park, 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 proximity to parks, transit availability, pet-friendly communities, family-friendly amenities, and other valuable search options. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap Spruce Park Apartments

What is a cheap apartment in Spruce Park?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Spruce Park is under $893.

What is the price of a cheap apartment in Spruce Park?

The cheapest apartment in Spruce Park is Spacious 2 Bedroom Apartment with Private Patio which is listed at $829, while the average apartment in Spruce Park costs $1,750.

What types of apartments are the cheapest in Spruce Park?

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 28 regular apartments in Spruce Park 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 Spruce Park?

Cheap apartments in Spruce Park have an average cost of $409 which is $1,341 cheaper than the average rent for all rentals in Spruce Park.

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.

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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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This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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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.