Cheap Apartments for Rent in the Spruce Park Neighborhood of Albuquerque, NM from $400 (100 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.
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

close
View Me
Union 505
Rent Specials
$756 - $2,614
Total Monthly Price

Total Monthly Price

Base Rent
$756 - $2,614

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Union 505

801 Locust Pl NEAlbuquerque, NM 87102
Affordability
  • Verified
  • Customer Reviewed
  • 3D Tour

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.

close
View Me
Valley Apartments
$981 - $1,498
Total Monthly Price

Total Monthly Price

Base Rent
$981 - $1,498

Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

Valley Apartments

1812 Indian School Rd NWAlbuquerque, NM 87104
Affordability
  • Verified
  • Customer Reviewed
  • 3D Tour

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.

close
View Me
412 Columbia Dr SE, Unit A
$1,025
Total Monthly Price

Total Monthly Price

Base Rent
$1,025

Total Monthly Price
$1,025
1 Bedroom Apartment Available Now

412 Columbia Dr SE, Unit A

412 Columbia Dr SEAlbuquerque, NM 87106
Affordability
  • Smoke Free
close
View Me
Nine-O-Nine Apartments
Rent Specials
$1,195 - $1,395
Total Monthly Price

Total Monthly Price

Base Rent
$1,195 - $1,395

Total Monthly Price
$1,195 - $1,395
1 to 2 Bedroom Apartments Available Now

Nine-O-Nine Apartments

909 Tijeras Ave NWAlbuquerque, NM 87102
Transit Friendly
  • Verified
  • Utilities Included
  • 3D Tour

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.

close
View Me
Glo Apartments
$1,236 - $1,901
Total Monthly Price

Total Monthly Price

Base Rent
$1,236 - $1,901

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Glo Apartments

3901 Indian School Rd NEAlbuquerque, NM 87110
Transit Friendly
  • Verified
  • Customer Reviewed
  • 3D Tour
close
View Me
Princeton Hall Apartments
Studio to 1 Bedroom Apartments

Princeton Hall Apartments

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

3409 Crest Ave SE

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

1420 4th St NW

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

Columbian Apartments

208 Columbia Dr SEAlbuquerque, NM 87106
  • Utilities Included

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.

close
View Me
1405 Gold Ave SE
1 to 2 Bedroom Apartments

1405 Gold Ave SE

1405 Gold Ave SEAlbuquerque, NM 87106
  • Utilities Included
close
View Me
219 Walter St NE
1 Bedroom Apartments

219 Walter St NE

219-223 Walter St SEAlbuquerque, NM 87102
close
View Me
Kachina Apartments
1 to 2 Bedroom Apartments

Kachina Apartments

301 Harvard Dr SEAlbuquerque, NM 87106
  • Utilities Included
close
View Me
1516 Tijeras Ave NE
1 Bedroom Apartments

1516 Tijeras Ave NE

1516-1522 Tijeras Ave NEAlbuquerque, NM 87106
  • Utilities Included
close
View Me
Columbia Apartments
1 to 2 Bedroom Apartments

Columbia Apartments

205-209 Columbia Dr SEAlbuquerque, NM 87106
  • Utilities Included
close
View Me
Sunshine Apartments
2 Bedroom Apartments

Sunshine Apartments

1601-1621 Sunshine Ter Ave SEAlbuquerque, NM 87106
  • Utilities Included
close
View Me
Arcadia Courtyard
1 Bedroom Apartments

Arcadia Courtyard

1020 Park Ave SWAlbuquerque, NM 87102
close
View Me
1801 Coal Pl SE
1 Bedroom Apartments

1801 Coal Pl SE

1801 Coal Pl SEAlbuquerque, NM 87106
  • Utilities Included
close
View Me
1611 Gold Ave SE
Studio Apartments

1611 Gold Ave SE

1611 Gold Ave 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.

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 Villa De San Felipe priced from $749. Union 505 has the second lowest priced unit, which is a Studio apartment currently listed from $756. Here are the most affordable Spruce Park apartments for rent in Albuquerque, NM:

Apartment ListingModel NameBed/BathPriced From
Villa De San Felipe0 x 1 BStudio,1BA$749
Union 505StudioStudio,1BA$756
Millennium FlatsUnit Type AStudio,1BA$775
2121 Gold Ave SE2121 Gold Street SE - Unit 131BR,1BA$850
Silver Moon LodgeStudioStudio,1BA$897
Vail Manor Apartments1BD1BR,1BA$899
Sandia Shadows2bd/1ba2BR,1BA$935
Alvarado ApartmentsAStudio,1BA$979
Peaks at Sandia View1x1R-6381BR,1BA$999
Zocalo LoftsLarge Studio with BalconyStudio,1BA$1,025

Best Value Apartments for Rent in Spruce Park, NM

As of July 05, 2026 the best value apartment in the Spruce Park area is the $1.15 price per square foot 2br apartment corner unit Model at Four Seasons in the in the Southeast Quadrant neighborhood starting from $1,150. The second greatest value Spruce Park apartment is the Ele Model at Large Quiet Two Bedroom starting at $1,350 with a $1.45 price per square foot in the Netherwood Park 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.
Four Seasons2br apartment corner unit2BR,1BA$1.15
Large Quiet Two BedroomEle2BR,2BA$1.45
Sandia Shadows2bd/2ba2BR,2BA$1.26
Marquee Village ApartmentsKaloDuo2BR,1BA$1.51
Villas Del Cielo1 Bedroom1BR,1BA$1.41
La Vida NuevaTwo Bedroom2BR,1BA$1.65
Zodiac Apartments2BR/1.0BA2BR,1BA$1.57
412 Columbia Dr SE, Unit A412 Columbia Dr SE1BR,1BA$1.58
Vail Manor Apartments1BD1BR,1BA$1.38
Peaks at Sandia View1x1-6381BR,1BA$1.57

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

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
Spruce Park, Albuquerque, NM

Ranked #85

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

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 $1,025.

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

The cheapest apartment in Spruce Park is 2121 Gold Ave SE which is listed at $850, while the average apartment in Spruce Park costs $2,036.

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 6 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 $148 which is $1,888 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.

Helpful Local Expert Guides

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 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 Albuquerque Uncovered: Your Local Experts Guide to the High Desert City article

Albuquerque Uncovered: Your Local Experts 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 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.

Articles, How-To's, and Tips

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention   article

Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

decorative image for Pet-Friendly Renting: Everything You Need to Know Before You Move article

Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.