
Cheap Homes for Rent in Spruce Park Neighborhood of Albuquerque, NM from $700 (24 Rentals)
Search the lowest-cost Homes available for rent right now in the Spruce Park area of Albuquerque.


543 Cedar St SE

545 Cedar St SE

4121 Mesa Verde Ave NE

1508 John St, Unit A

1216 High St SE

614 11th St SW

516 Lewis Ave SE, Unit 516
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.

525 Cedar St SE

300 Tijeras Ave NE

301 Central Ave NE, Unit 101

409 Harvard Dr SE

1508 Edith Blvd NE

522 14th St NW

301 Central Ave NE, Unit 117

100 Broadway Blvd NE, Unit 303
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.

100 Broadway Blvd NE, Unit 102

2800 Vail Ave SE

404 Dartmouth Dr SE

820 Arno St SE

820 Arno St SE

810 13th St NW

505 Los Arboles Ave NW

1918 Buena Vista Dr SE
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.
Spruce Park, Albuquerque, NM Local Guide

How much does it cost to rent a home in Spruce Park?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Spruce Park 2 Bedroom Homes for Rent | $1,950 | $950 | $4,200 |
| Spruce Park 3 Bedroom Homes for Rent | $2,629 | $1,450 | $7,000 |
| Spruce Park 4 Bedroom Homes for Rent | $1,900 | $1,900 | $1,900 |
| Spruce Park 5 Bedroom Homes for Rent | $2,695 | $2,695 | $2,695 |
Browse Homes for Rent in this Neighborhood
There are currently 24 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 Studio unit found at 210 High St NE priced from $735. Villa De San Felipe has the second lowest priced unit, which is a 1 Bed apartment currently listed from $784. Here are the most affordable Spruce Park apartments for rent in Albuquerque, NM:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 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 |
| Union 505 | Studio | Studio,1BA | $817 |
Best Value Apartments for Rent in Spruce Park, NM
As of April 25, 2026 the best value apartment in the Spruce Park area is the $1.67 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 $2,000. 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. |
|---|---|---|---|
| 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 |
| Villas Del Cielo | 1 Bedroom | 1BR,1BA | $1.41 |
| 505 Central Lofts | Studio | Studio ,1BA | $1.35 |
| Zodiac Apartments | 2BR/1.0BA | 2BR,1BA | $1.57 |
| Updated Studio, one bedroom and two bedroom units | 1BD | 1BR,1BA | $1.38 |
| 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
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 #138
Among cities in New Mexico for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Spruce Park, Albuquerque, NM
School data provided by Great Schools
Frequently Asked Questions about Spruce Park
What type of rentals are currently available in Spruce Park?
There are currently 463 Apartments for Rent in Spruce Park, NM with pricing that ranges from $695 to $2,407. There are also 76 Single Family Homes for rent, Condos, and Townhome rentals currently available in Spruce Park ranging from $750 to $7,000.
What is the current price range for Rental Homes in Spruce Park?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Spruce Park ranges from $750 to $7,000 with an average monthly rent of $1,944.
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.