Cheap Homes for Rent in Bernalillo County, NM from $700 (68 Rentals)

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

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

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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property at 2800 Vail Ave SE

$850 - $1,080

Studio To 1 Bedroom Rentals

Available Now

2800 Vail Ave SE

AlbuquerqueNM87106

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

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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property at 2604 Muriel St NE

$1,000 - $1,350

Total Monthly Price

Total Monthly Price

Base Rent
$1,000 - $1,350
Total Monthly Price
$1,000 - $1,350

1 To 2 Bedroom Townhomes for Rent

Available Now

2604 Muriel St NE

AlbuquerqueNM87112

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

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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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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property at 13201 Fruit Ave NE

$1,200

Total Monthly Price

Total Monthly Price

Base Rent
$1,200
Total Monthly Price
$1,200

1 Bedroom, 1 Bath Townhome for Rent

Available Now

13201 Fruit Ave NE

AlbuquerqueNM87123

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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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 Bernalillo County

What type of rentals are currently available in Bernalillo County?

There are currently 1577 Apartments for Rent in Bernalillo County, NM with pricing that ranges from $500 to $4,419. There are also 347 Single Family Homes for rent, Condos, and Townhome rentals currently available in Bernalillo County ranging from $700 to $6,000.

What is the current price range for Rental Homes in Bernalillo County?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Bernalillo County ranges from $700 to $6,000 with an average monthly rent of $2,052.

How much are larger Three and Four Bedroom Rentals in Bernalillo County?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Bernalillo County range from $1,120 to $4,419, while Three Bedroom Homes, Condos, and Townhomes for rent range from $750 to $6,000. Four Bedroom Single-Family rentals are also available starting from $1,795 and Four Bedroom Apartments start at $1,300.

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

decorative image for Rent According to Income: A Look at Income-Restricted Rentals article

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.

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

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.