Cheap Apartments for Rent in Bernalillo County, NM from $400 (327 Rentals)

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Search the lowest-cost Apartments available for rent right now in Bernalillo County.

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.

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Tesota Four Hills
Rent Specials
$778 - $2,279
Total Monthly Price

Total Monthly Price

Base Rent
$778 - $2,279
Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

Tesota Four Hills

301 Western Skies Dr SEAlbuquerque, NM 87123
Affordability
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  • Customer Reviewed
  • 3D Tour
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Comanche Wells
Rent Specials
$786 - $2,849
Total Monthly Price

Total Monthly Price

Base Rent
$786 - $2,849
Total Monthly Price
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Studio to 2 Bedroom Apartments Available Now

Comanche Wells

3400 Comanche Rd NEAlbuquerque, NM 87107
Corporate Housing
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  • Low Income

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.

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property at 401 14th St NW

$760 - $825

Studio Rentals

Available Now

401 14th St NW

AlbuquerqueNM87104

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.

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Union 505
Rent Specials
$838 - $2,300
Total Monthly Price

Total Monthly Price

Base Rent
$838 - $2,300
Total Monthly Price
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Studio to 2 Bedroom Apartments Available Now

Union 505

801 Locust Pl NEAlbuquerque, NM 87102
Active Lifestyle
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  • Customer Reviewed
  • 3D Tour

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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Tesota Midtown
Rent Specials
$857 - $1,642
Total Monthly Price

Total Monthly Price

Base Rent
$857 - $1,642
Total Monthly Price
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1 to 3 Bedroom Apartments Available Now

Tesota Midtown

200 Figueroa St NEAlbuquerque, NM 87123
Affordability
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  • Customer Reviewed
  • 3D Tour

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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Showing Results 1-50, Page 1 of 7

Cheapest Available Bernalillo County Apartments for Rent

 

The cheapest available apartment rental in Bernalillo County, NM is a 1 Bed unit found at Diamond Elite Luxury Townhomes in the Southwest Quadrant neighborhood priced from $599. The Loop @950 in the South San Pedro neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $645. Here is today’s list of the most affordable Bernalillo County apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Diamond Elite Luxury Townhomes1 Bed/1 Bath1BR,1BA$599
The Loop @9500x1 - 280Studio,1BA$645
White Oak Apartments1x11BR,1BA$716
Nova RidgeS1Studio,1BA$725
210 High St NE0 Beds, 1 BathsStudio,1BA$735
The Twelve 6011BR/1.0BA1BR,1BA$745
Nova Point Gated Community0BR/1.0BAStudio,1BA$750
Villa De San Felipe1x1D1BR,1BA$784
Millennium FlatsUnit Type AStudio,1BA$790
Cloudview Terrace1bd/1bath1BR,1BA$795

Best Value Apartments for Rent in Bernalillo County, NM

As of April 16, 2026 the best value apartment in the Bernalillo County area is the $0.98 price per square foot Four Bedroom Two Bath Model at Aspen Ridge in the in the South San Pedro neighborhood starting from $1,190. The second greatest value Bernalillo County apartment is the Two Bedroom - Fully Remodeled Model at Pinon Terrace starting at $1,245 with a $1.13 price per square foot in the Northeast Quadrant neighborhood. Here is today’s list of the best values for Bernalillo County apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Aspen RidgeFour Bedroom Two Bath4BR,2BA$0.98
Pinon TerraceTwo Bedroom - Fully Remodeled2BR,1BA$1.13
Four Seasons2br apartment corner unit2BR,1BA$1.10
The Portals ApartmentsB12BR,1BA$1.09
Home @ Valencia2bd/1ba2BR,1BA$1.10
The Twelve 6012BR/1.0BA2BR,1BA$1.09
3513 Tulane Drive Northeast, Unit Apt 43513 Tulane Drive Northeast2BR,1BA$1.07
147 General Arnold St NE, Unit 4147 General Arnold St NE1BR,1BA$1.15
Tesota Four HillsB1R2BR,1BA$1.17
White Oak Apartments1x11BR,1BA$1.03

Frequently Asked Questions about Cheap Bernalillo County Apartments

What is a cheap apartment in Bernalillo County?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Bernalillo County is under $795.

What is the price of a cheap apartment in Bernalillo County?

The cheapest apartment in Bernalillo County is Diamond Elite Luxury Townhomes which is listed at $599, while the average apartment in Bernalillo County costs $2,861.

What types of apartments are the cheapest in Bernalillo County?

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 140 regular apartments in Bernalillo County 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 Bernalillo County?

Cheap apartments in Bernalillo County have an average cost of $139 which is $2,722 cheaper than the average rent for all rentals in Bernalillo County.

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

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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.

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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.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

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.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

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.