Cheap Apartments for Rent in the Wells Park Neighborhood of Albuquerque, NM from $500 (46 Rentals)

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

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.

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Columbian Apartments
1 Bedroom Apartments

Columbian Apartments

208 Columbia Dr SEAlbuquerque, NM 87106
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1405 Gold Ave SE
1 Bedroom Apartments

1405 Gold Ave SE

1405 Gold Ave SEAlbuquerque, NM 87106
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219 Walter St NE
1 Bedroom Apartments

219 Walter St NE

219-223 Walter St SEAlbuquerque, NM 87102
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Kachina Apartments
1 Bedroom Apartments

Kachina Apartments

301 Harvard Dr SEAlbuquerque, NM 87106
  • Utilities Included

Check Out Albuquerque’s Best Affordable Neighborhoods

Learn about Albuquerque and the best places to live with original content written by our Local Expert Esther Lombardi

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1516 Tijeras Ave NE
1 Bedroom Apartments

1516 Tijeras Ave NE

1516-1522 Tijeras Ave NEAlbuquerque, NM 87106
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Pine St Studios
2 Bedroom Apartments

Pine St Studios

414 Pine St SEAlbuquerque, NM 87106
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Columbia Apartments
1 to 2 Bedroom Apartments

Columbia Apartments

205-209 Columbia Dr SEAlbuquerque, NM 87106
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Candelaria Gardens
2 Bedroom Apartments

Candelaria Gardens

820 Candelaria Rd NWAlbuquerque, NM 87107
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1801 Coal Pl SE
1 Bedroom Apartments

1801 Coal Pl SE

1801 Coal Pl SEAlbuquerque, NM 87106
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Arcadia Courtyard
1 Bedroom Apartments

Arcadia Courtyard

1020 Park Ave SWAlbuquerque, NM 87102
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1611 Gold Ave SE
Studio Apartments

1611 Gold Ave SE

1611 Gold Ave SEAlbuquerque, NM 87106
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816 Coal Ave SW
1 Bedroom Apartments

816 Coal Ave SW

816 Coal Ave SWAlbuquerque, NM 87102
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210 High St NE
Studio Apartments

210 High St NE

210 High St NEAlbuquerque, NM 87102

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Sawmill Lofts
1 to 3 Bedroom Apartments

Sawmill Lofts

1801 Bellamah Ave NWAlbuquerque, NM 87104
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Aztec Manor
1 to 2 Bedroom Apartments

Aztec Manor

403 Aztec Rd NWAlbuquerque, NM 87107
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2121 Gold Ave SE
1 Bedroom Apartments

2121 Gold Ave SE

2121 Gold Ave SEAlbuquerque, NM 87106
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Sterling Downtown
Studio Apartments

Sterling Downtown

800 Silver Ave SWAlbuquerque, NM 87102
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Downtown @ 700
Studio Apartments

Downtown @ 700

700 2nd St NWAlbuquerque, NM 87102
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402 Cornell Dr SE
2 Bedroom Apartments

402 Cornell Dr SE

402-404 Cornell Dr SEAlbuquerque, NM 87106
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Omni House
Studio Apartments

Omni House

2426-2428 Garfield Ave SEAlbuquerque, NM 87106
  • Utilities Included

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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The Crossroads
Studio Apartments

The Crossroads

315 Central Ave NWAlbuquerque, NM 87102
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Faraday
2 Bedroom Apartments

Faraday

4322 4th St NWAlbuquerque, NM 87107

Wells Park, Albuquerque, NM Local Guide

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 Silver Gardens Apartments priced from $740. Millennium Flats - Washer-Dryer Included has the second lowest priced unit, which is a Studio apartment currently listed from $740. Here are the most affordable Wells Park apartments for rent in Albuquerque, NM:

Apartment ListingModel NameBed/BathPriced From
Silver Gardens Apartments1 Bedroom (50%)1BR,1BA$740
Millennium Flats - Washer-Dryer IncludedStudioStudio,1BA$740
210 High St NE0 Beds, 1 BathsStudio,1BA$745
Union 505StudioStudio,1BA$829
Don Quixote ApartmentsStudioStudio,1BA$865
Citadel - Free UtilitiesStudioStudio,1BA$869
Zocalo LoftsStudioStudio,1BA$900
Peaks at Sandia View1x1-6381BR,1BA$950
Nine-O-Nine ApartmentsOne Bedroom1BR,1BA$1,045
Four Seasons2br apartment corner unit2BR,1BA$1,100

Best Value Apartments for Rent in Wells Park, NM

As of June 20, 2025 the best value apartment in the Wells Park area is the $1.10 price per square foot 2br apartment corner unit Model at Four Seasons in the in the Southeast Quadrant neighborhood starting from $1,100. The second greatest value Wells Park apartment is the Amazing Model at 873-895 Silver Ave SW starting at $1,450 with a $1.50 price per square foot in the Hunning Highland neighborhood. Here is today’s list of the best values for Wells Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Four Seasons2br apartment corner unit2BR,1BA$1.10
873-895 Silver Ave SWAmazing1BR,1BA$1.50
Marquee Village ApartmentsKaloDuo-Premium2BR,1BA$1.59
Valley ApartmentsRiver Platinum2BR,1BA$1.64
1500 Gold Ave SE, Unit 15021500 Gold Ave SE2BR,1BA$1.66
Cresta North Valley1 bed/1 bath1BR,1BA$1.60
Nine-O-Nine ApartmentsOne Bedroom1BR,1BA$1.47
Peaks at Sandia View1x1R-6381BR,1BA$1.57
210 High St NE0 Beds, 1 BathsStudio ,1BA$1.49
Silver Gardens ApartmentsStudio (60%)Studio ,1BA$1.90

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Pet Friendly Lifestyle
Wells Park, Albuquerque, NM

Ranked #300

Among neighborhoods in Albuquerque, NM for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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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!

Getting Around the Wells Park Neighborhood in Albuquerque, NM

Walk Score®

69 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

80 / 100

Very Bikeable

Biking is convenient for most trips

Transit Score®

39 / 100

Some Transit

A few nearby public transportation options

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 $1,100.

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

The cheapest apartment in Wells Park is Silver Gardens Apartments which is listed at $740, while the average apartment in Wells Park costs $2,450.

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 10 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 $211 which is $2,239 cheaper than the average rent for all rentals in Wells Park.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.