Cheap Homes for Rent in Bernalillo County, NM from $700 (52 Rentals)

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Search the lowest-cost Homes 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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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 1508 Edith Blvd NE

$1,100 - $1,600

Total Monthly Price

Total Monthly Price

Base Rent
$1,100 - $1,600
Total Monthly Price
$1,100 - $1,600

Studio To 2 Bedroom Homes for Rent

Available Now

1508 Edith Blvd NE

AlbuquerqueNM87102

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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property at 820 Arno St SE

$1,250

Total Monthly Price

Total Monthly Price

Base Rent
$1,250
Total Monthly Price
$1,250

2 Bedroom, 1 Bath Home for Rent

Available Now

820 Arno St SE

AlbuquerqueNM87102
property at 1506 Edith Blvd NE

$1,350

Total Monthly Price

Total Monthly Price

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

1 Bedroom, 1 Bath Home for Rent

Available Now

1506 Edith Blvd NE

AlbuquerqueNM87102

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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property at 2101 Elm St SE

$1,450

Total Monthly Price

Total Monthly Price

Base Rent
$1,450
Total Monthly Price
$1,450

3 Bedroom, 1.5 Bath Townhome for Rent

Available Now

2101 Elm St SE

AlbuquerqueNM87102
property at 219 Girard Blvd SE

$1,500 - $2,400

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Total Monthly Price

Base Rent
$1,500 - $2,400
Total Monthly Price
$1,500 - $2,400

1 To 2 Bedroom Homes for Rent

Available Now

219 Girard Blvd SE

AlbuquerqueNM87106
property at 505 Marble Ave NW

$1,500 - $2,400

Total Monthly Price

Total Monthly Price

Base Rent
$1,500 - $2,400
Total Monthly Price
$1,500 - $2,400

1 To 2 Bedroom Homes for Rent

Available Now

505 Marble Ave NW

AlbuquerqueNM87102

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 2

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 Bernalillo County

What type of rentals are currently available in Bernalillo County?

There are currently 1554 Apartments for Rent in Bernalillo County, NM with pricing that ranges from $500 to $5,442. There are also 289 Single Family Homes for rent, Condos, and Townhome rentals currently available in Bernalillo County ranging from $750 to $7,000.

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 $750 to $7,000 with an average monthly rent of $2,114.

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 $923 to $4,350, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,350 to $7,000. 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 What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.