Cheap Apartments for Rent in Bernalillo County, NM from $500 (426 Rentals)

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

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Desert Creek Apartments
Rent Specials
$718 - $2,808
Total Monthly Price

Total Monthly Price

Base Rent
$718 - $2,808
Total Monthly Price
$718 - $2,808
Studio to 3 Bedroom Apartments Available Now

Desert Creek Apartments

4300 Pan American Fwy NEAlbuquerque, NM 87107
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Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Union 505
Rent Specials
$821 - $1,905
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$821 - $1,905
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Studio to 2 Bedroom Apartments Available Now

Union 505

801 Locust Pl NEAlbuquerque, NM 87102
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Tesota Four Hills
Rent Specials
$831 - $2,572
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$831 - $2,572
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1 to 3 Bedroom Apartments Available Sep 11

Tesota Four Hills

301 Western Skies Dr SEAlbuquerque, NM 87123
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Cheapest Available Bernalillo County Apartments for Rent

 

The cheapest available apartment rental in Bernalillo County, NM is a Studio unit found at The Loop at 950 in the South San Pedro neighborhood priced from $645. 501 Texas Street NE in the Towne Park neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $695. Here is today’s list of the most affordable Bernalillo County apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Loop at 9500x1 - 280Studio,1BA$645
501 Texas Street NE1BR/1.0BA1BR,1BA$695
332 Grove St SE1 Beds, 1 Baths1BR,1BA$695
Diamond Elite Luxury TownhomesStudio/1 BathStudio,1BA$699
White Oak Apartments1x11BR,1BA$716
Desert Creek ApartmentsSRO-Sleeping room onlyStudio,1BA$718
Nova RidgeS1Studio,1BA$725
Rock CreekStudioStudio,1BA$750
Central Apartments (4223)Large Studio/1ba - 4223 CentralStudio,1BA$765
Madeira Flats- Utilities Included!STUStudio,1BA$775

Best Value Apartments for Rent in Bernalillo County, NM

As of August 31, 2026 the best value apartment in the Bernalillo County area is the $0.88 price per square foot 1 Beds, 1 Baths Model at 521-525 Cedar St SE in the in the Southeast Quadrant neighborhood starting from $945. The second greatest value Bernalillo County 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 Bernalillo County apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
521-525 Cedar St SE1 Beds, 1 Baths1BR,1BA$0.88
Four Seasons2br apartment corner unit2BR,1BA$1.15
La Cantera Senior Apartments2x12BR,1BA$1.21
919-923 Alvarado2BR/1.0BA2BR,1BA$1.13
Theta ApartmentsKaloDuo2BR,2BA$1.18
Aspen RidgeTwo Bedroom Two Bath2BR,2BA$1.20
The Twelve 6012BR/1.0BA2BR,1BA$1.06
White Oak Apartments1x11BR,1BA$1.03
Tennessee Street2 Beds, 1 Baths2BR,1BA$1.19
332 Grove St SE1 Beds, 1 Baths1BR,1BA$1.16

Frequently Asked Questions about Cheap Bernalillo County Apartments

What is the Cheapest Studio apartment in Bernalillo County?

Currently the most affordable Cheap Studio Apartment in Bernalillo County is at The Loop at 950 listed at $645.

How much is rent for a Cheap One Bedroom Bernalillo County Apartment?

The lowest price for a Cheap One Bedroom Bernalillo County Apartment is $695 at 501 Texas Street NE.

What is the lowest price for a Cheap Two Bedroom Bernalillo County Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Bernalillo County is starting from $800 at Tennessee Street.

What is the most affordable Bernalillo County Three Bedroom Apartment?

The best deal on a cheap Bernalillo County Three Bedroom Apartment rental is at Aspen Ridge and starts from $1,184.

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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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.