Cheap Apartments for Rent in the Spruce Park Neighborhood of Albuquerque, NM from $400 (61 Rentals)
Search the lowest-cost Apartments available for rent right now in the Spruce Park area of Albuquerque.

Encino Terrace Senior

Silver Gardens Apartments

Union 505

1111 Amherst Dr SE

2129 Coal Ave SE

Citadel - Free Utilities

4211 Mesa Grande Pl SE

La Vida Nueva
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.

University Village

208 High St NE

1622 Coal Ave SE

1101-1103 Wilmoore Dr SE

Spacious 2 Bedroom Apartment with Private Patio

Cedars - Free Cable & Internet*

427 Stanford Dr SE

4142 Mesa Verde Ave NE

Villa de San Felipe

Silver Moon Lodge
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.

Imperial

Zocalo Lofts

Alvarado Apartments

Peaks at Sandia View

505 Central Lofts

Princeton Hall Apartments

Sunport Plaza Apartments
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Spruce Park, Albuquerque, NM Local Guide

How much does it cost to rent an apartment in Spruce Park?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Spruce Park Studio Apartments | $1,137 | $695 | $1,800 |
| Spruce Park 1 Bedroom Apartments | $1,148 | $689 | $1,999 |
| Spruce Park 2 Bedroom Apartments | $1,528 | $1,010 | $2,400 |
| Spruce Park 3 Bedroom Apartments | $1,885 | $1,426 | $3,195 |
| Spruce Park 4 Bedroom Apartments | $1,900 | $1,900 | $1,900 |
Browse Apartments in this Neighborhood
There are currently 61 rentals with your search options within a 2 mile radius of the Spruce Park Neighborhood of Albuquerque, NM.
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Spruce Park, Albuquerque, NM Local Guide
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Cheapest Available Spruce Park Apartments for Rent
 The cheapest available apartment rental in the Spruce Park area of Albuquerque, NM is a 1 Bed unit found at Silver Gardens Apartments priced from $740. Union 505 has the second lowest priced unit, which is a Studio apartment currently listed from $744. Here are the most affordable Spruce Park apartments for rent in Albuquerque, NM:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Silver Gardens Apartments | 1 Bedroom (50%) | 1BR,1BA | $740 |
| Union 505 | Studio | Studio,1BA | $744 |
| Millennium Flats | Unit Type B | Studio,1BA | $795 |
| La Vida Nueva | Studios | Studio,1BA | $800 |
| 210 High St NE | 1 Beds, 1 Baths | 1BR,1BA | $825 |
| Spacious 2 Bedroom Apartment with Private Patio | 1 bedroom 1 bathroom | 1BR,1BA | $829 |
| Silver Moon Lodge | Studio | Studio,1BA | $897 |
| Imperial | Studio - Call for Availability | Studio,1BA | $900 |
| Alvarado Apartments | A | Studio,1BA | $999 |
| 505 Central Lofts | Studio | Studio,1BA | $1,000 |
Best Value Apartments for Rent in Spruce Park, NM
As of December 25, 2025 the best value apartment in the Spruce Park area is the $1.39 price per square foot Renovated 2-Bedroom B Model at Glo Apartments in the in the Netherwood Park neighborhood starting from $1,508. The second greatest value Spruce Park apartment is the 2br apartment corner unit Model at Four Seasons starting at $1,100 with a $1.10 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Glo Apartments | Renovated 2-Bedroom B | 2BR,2BA | $1.39 |
| Four Seasons | 2br apartment corner unit | 2BR,1BA | $1.10 |
| Peaks at Sandia View | 2x2R-900 | 2BR,2BA | $1.47 |
| Marquee Village Apartments | KaloDuo-Premium | 2BR,1BA | $1.47 |
| Villas Del Cielo | 1 Bedroom | 1BR,1BA | $1.41 |
| 309 Columbia Dr SE, Unit B | 309 Columbia Dr SE | 2BR,1BA | $1.47 |
| Zodiac Apartments | 2BR/1.0BA | 2BR,1BA | $1.57 |
| Spacious 2 Bedroom Apartment with Private Patio | 1 bedroom 1 bathroom | 1BR,1BA | $1.28 |
| 210 High St NE | 1 Beds, 1 Baths | 1BR,1BA | $1.27 |
| Silver Gardens Apartments | 1 Bedroom (60%) | 1BR,1BA | $1.54 |
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 ArticleDon'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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash 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.
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 LifestyleSpruce Park, Albuquerque, NM
Ranked #106
Among cities in New Mexico for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
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 $1,000.
What is the price of a cheap apartment in Spruce Park?
The cheapest apartment in Spruce Park is Silver Gardens Apartments which is listed at $740, while the average apartment in Spruce Park costs $1,900.
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 25 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 $332 which is $1,568 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.
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.

How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.
























