
Cheap Apartments for Rent in the Wells Park Neighborhood of Albuquerque, NM from $400 (29 Rentals)
Search the lowest-cost Apartments available for rent right now in the Wells Park area of Albuquerque.


208 High St NE

Silver Gardens Apartments

2129 Coal Ave SE

1210 Central Ave SW

Citadel - Free Utilities

370 Atrisco Dr SW
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.

Calle Cuarta

1420 4th St NW

Columbian Apartments

1405 Gold Ave SE

219 Walter St NE

Kachina Apartments

1516 Tijeras Ave NE
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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.

Pine St Studios

Arcadia Courtyard

Candelaria Gardens

Columbia Apartments

1801 Coal Pl SE

1611 Gold Ave SE

816 Coal Ave SW
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El Sol

210 High St NE

Villa Nueva Senior Apartments

University Studio Apartments

Sawmill Lofts

Aztec Manor

Downtown @ 700
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2121 Gold Ave SE
Wells Park, Albuquerque, NM Local Guide

How much does it cost to rent an apartment in Wells Park?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Wells Park Studio Apartments | $1,119 | $695 | $1,800 |
| Wells Park 1 Bedroom Apartments | $1,155 | $725 | $2,125 |
| Wells Park 2 Bedroom Apartments | $1,529 | $995 | $2,646 |
| Wells Park 3 Bedroom Apartments | $1,663 | $1,500 | $1,827 |
Browse Apartments in this Neighborhood
There are currently 29 rentals with your search options within a 2 mile radius of the Wells Park Neighborhood of Albuquerque, NM.
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Wells Park, Albuquerque, NM Local Guide
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Cheapest Available Wells Park Apartments for Rent
 The cheapest available apartment rental in the Wells Park area of Albuquerque, NM is a 1 Bed unit found at El Sol priced from $725. 210 High St NE has the second lowest priced unit, which is a Studio apartment currently listed from $735. Here are the most affordable Wells Park apartments for rent in Albuquerque, NM:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| El Sol | 1 Bedroom 1 Bath - 38709 | 1BR,1BA | $725 |
| 210 High St NE | 0 Beds, 1 Baths | Studio,1BA | $735 |
| Silver Gardens Apartments | 1 Bedroom (50%) | 1BR,1BA | $740 |
| Millennium Flats | Unit Type B | Studio,1BA | $820 |
| Silver Moon Lodge | Studio | Studio,1BA | $897 |
| Imperial | Studio - Call for Availability | Studio,1BA | $900 |
| Union 505 | 1 Bedroom | 1BR,1BA | $931 |
| Alvarado Apartments | A | Studio,1BA | $949 |
| Peaks at Sandia View | 1x1-640 | 1BR,1BA | $975 |
| 505 Central Lofts | Studio | Studio,1BA | $1,000 |
Best Value Apartments for Rent in Wells Park, NM
As of February 17, 2026 the best value apartment in the Wells Park area is the $1.38 price per square foot 505 Walter St SE Model at 505 Walter St SE in the in the Netherwood Park neighborhood starting from $1,450. The second greatest value Wells 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 Wells Park apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 505 Walter St SE | 505 Walter St SE | 2BR,1BA | $1.38 |
| Four Seasons | 2br apartment corner unit | 2BR,1BA | $1.10 |
| Cresta North Valley | Renovated | 2BR,2BA | $1.50 |
| 1904 Lead Ave SE | 1904 Lead Ave SE | 2BR,1BA | $1.42 |
| 417 Princeton Dr. SE, Unit "B" | 417 Princeton Dr. SE | 1BR,1BA | $1.33 |
| Marquee Village Apartments | KaloDuo | 2BR,1BA | $1.41 |
| 309 Columbia Dr SE, Unit B | 309 Columbia Dr SE | 2BR,1BA | $1.47 |
| El Sol | 1 Bedroom 1 Bath - 38709 | 1BR,1BA | $1.13 |
| Silver Gardens Apartments | 1 Bedroom (60%) | 1BR,1BA | $1.54 |
| 210 High St NE | 0 Beds, 1 Baths | Studio ,1BA | $1.47 |
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.
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Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
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Pet Friendly LifestyleWells Park, Albuquerque, NM
Ranked #141
Among cities in New Mexico for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Wells Park, Albuquerque, NM
School data provided by Great Schools
Lifestyle Ratings
ApartmentHomeLiving brings you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of neighborhoods, metropolitan areas, and rental properties across New Mexico, including Albuquerque. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including our Star Ratings to compare for outdoor amenities like tennis courts, luxury amenities, kid and pet-friendly communities, availability of transit options, and other valuable search options. Find Lifestyle Search in the filter options (above). Happy Searching!
Frequently Asked Questions about Cheap Wells Park Apartments
What is a cheap apartment in Wells Park?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Wells Park is under $1,000.
What is the price of a cheap apartment in Wells Park?
The cheapest apartment in Wells Park is El Sol which is listed at $725, while the average apartment in Wells Park costs $1,677.
What types of apartments are the cheapest in Wells 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 27 regular apartments in Wells 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 Wells Park?
Cheap apartments in Wells Park have an average cost of $268 which is $1,409 cheaper than the average rent for all rentals in Wells 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.

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.

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.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.