
Cheap Apartments for Rent in the Wells Park Neighborhood of Albuquerque, NM from $400 (68 Rentals)
Search the lowest-cost Apartments available for rent right now in the Wells Park area of Albuquerque.


Encino Terrace Senior

Villa De San Felipe

Total Monthly Price
Union 505

Millennium Flats

Citadel - Free Utilities

2120 Coal Ave SE

2121 Gold Ave SE

513 Candelaria Rd NW

The Beach
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Silver Gardens Apartments

Silver Moon Lodge

915 Walter St SE

Zocalo Lofts

Alvarado Apartments

Total Monthly Price
Valley Apartments

Peaks at Sandia View

Total Monthly Price
412 Columbia Dr SE, Unit A

604 Arno St NE

Calle Cuarta
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1420 4th St NW

Columbian Apartments

1405 Gold Ave SE

219 Walter St NE

Kachina Apartments

1516 Tijeras Ave NE

Arcadia Courtyard

123 Walter St NE

Candelaria Gardens

1801 Coal Pl SE
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Columbia Apartments

1611 Gold Ave SE

816 Coal Ave SW

210 High St NE

El Sol

University Studio Apartments

543 Cedar St SE

545 Cedar St SE

Sawmill Lofts

Aztec Manor
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Villa Nueva Senior Apartments

Downtown @ 700

221 Maple St NE

Regina & Walter/Silver Apartments

1320 Dr Martin Luther King Jr Ave NE

402 Cornell Dr SE

Pine St Studios

Omni House

Don Quixote Apartments

1606-1612 Coal Ave SE
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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 | $928 | $700 | $1,800 |
| Wells Park 1 Bedroom Apartments | $1,232 | $750 | $1,950 |
| Wells Park 2 Bedroom Apartments | $1,599 | $1,003 | $2,550 |
| Wells Park 3 Bedroom Apartments | $1,596 | $1,398 | $1,800 |
Browse Apartments in this Neighborhood
There are currently 68 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 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 Wells Park apartments for rent in Albuquerque, NM:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Villa De San Felipe | 0 x 1 B | Studio,1BA | $749 |
| Union 505 | Studio | Studio,1BA | $756 |
| Millennium Flats | Unit Type A | Studio,1BA | $775 |
| 2121 Gold Ave SE | 2121 Gold Street SE - Unit 13 | 1BR,1BA | $850 |
| Silver Moon Lodge | Studio | Studio,1BA | $897 |
| Alvarado Apartments | A | Studio,1BA | $979 |
| Peaks at Sandia View | 1x1R-638 | 1BR,1BA | $999 |
| Zocalo Lofts | Large Studio with Balcony | Studio,1BA | $1,025 |
| Valley Apartments | Azure Platinum | 1BR,1BA | $1,096 |
Best Value Apartments for Rent in Wells Park, NM
As of July 04, 2026 the best value apartment in the Wells Park area is the $1.59 price per square foot Two Bedroom - Two Bath Model at Monterey Place in the in the Alamosa neighborhood starting from $1,700. The second greatest value Wells 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 Wells Park apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Monterey Place | Two Bedroom - Two Bath | 2BR,2BA | $1.59 |
| Four Seasons | 2br apartment corner unit | 2BR,1BA | $1.15 |
| Poblana Place | D+ 1/1 | 1BR,1BA | $1.67 |
| Marquee Village Apartments | KaloDuo | 2BR,1BA | $1.51 |
| 505 Central Lofts | Studio | Studio ,1BA | $1.76 |
| Nine-O-Nine Apartments | One Bedroom | 1BR,1BA | $1.68 |
| Cresta North Valley | Renovated | 1BR,1BA | $1.75 |
| 412 Columbia Dr SE, Unit A | 412 Columbia Dr SE | 1BR,1BA | $1.58 |
| Peaks at Sandia View | 1x1-638 | 1BR,1BA | $1.57 |
| 2121 Gold Ave SE | 2121 Gold Street SE - Unit 13 | 1BR,1BA | $1.70 |
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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Read ArticleReal 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 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 LifestyleWells Park, Albuquerque, NM
Ranked #107
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 $1,096.
What is the price of a cheap apartment in Wells Park?
The cheapest apartment in Wells Park is 2121 Gold Ave SE which is listed at $850, while the average apartment in Wells Park costs $1,562.
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 3 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 $161 which is $1,401 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.
Helpful Local Expert Guides

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.

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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.