Cheap Apartments for Rent near Edgewood, NM from $700 (39 Rentals)

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

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Tesota Four Hills
Rent Specials
$746 - $2,569
Total Monthly Price

Total Monthly Price

Base Rent
$746 - $2,569
Total Monthly Price
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1 to 3 Bedroom Apartments Available Now

Tesota Four Hills

301 Western Skies Dr SEAlbuquerque, NM 87123
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Tesota Midtown
Rent Specials
$857 - $1,607
Total Monthly Price

Total Monthly Price

Base Rent
$857 - $1,607
Total Monthly Price
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1 to 3 Bedroom Apartments Available Now

Tesota Midtown

200 Figueroa St NEAlbuquerque, NM 87123
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Studios on Route 66
Rent Specials
$900 - $1,100
Total Monthly Price

Total Monthly Price

Base Rent
$900 - $1,100
Total Monthly Price
$900 - $1,100
Studio to 1 Bedroom Apartments Available Now

Studios on Route 66

13031 Central Ave NEAlbuquerque, NM 87123
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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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Copper Hills
Rent Specials
$949 - $1,253
Total Monthly Price

Total Monthly Price

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$949 - $1,253
Total Monthly Price
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1 to 2 Bedroom Apartments Available Now

Copper Hills

4200 Spanish Bit NEAlbuquerque, NM 87111
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Arrowhead Pointe
Rent Specials
$1,013 - $1,592
Total Monthly Price

Total Monthly Price

Base Rent
$1,013 - $1,592
Total Monthly Price
$1,013 - $1,592
1 to 3 Bedroom Apartments Available Now

Arrowhead Pointe

12021 Skyline Rd NEAlbuquerque, NM 87123
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MOUNTAIN VISTA
Rent Specials
$1,020 - $1,674
Total Monthly Price

Total Monthly Price

Base Rent
$1,020 - $1,674
Total Monthly Price
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1 to 3 Bedroom Apartments Available Now

MOUNTAIN VISTA

1501 Tramway Blvd NEAlbuquerque, NM 87112
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The Reserve
$1,143 - $1,620
Total Monthly Price

Total Monthly Price

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$1,143 - $1,620
Total Monthly Price
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1 to 3 Bedroom Apartments Available Now

The Reserve

1001 Tramway Blvd NEAlbuquerque, NM 87112
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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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The June
Rent Specials
$1,186 - $1,658
Total Monthly Price

Total Monthly Price

Base Rent
$1,186 - $1,658
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1 to 2 Bedroom Apartments Available Now

The June

13150 Wenonah Ave SEAlbuquerque, NM 87123
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CIBOLA VILLAGE
Rent Specials
$1,230 - $1,523
Total Monthly Price

Total Monthly Price

Base Rent
$1,230 - $1,523
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1 to 2 Bedroom Apartments Available Now

CIBOLA VILLAGE

12400 Montgomery Blvd NEAlbuquerque, NM 87111
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Whispering Sands
1 to 2 Bedroom Apartments

Whispering Sands

12720 Central Ave SEAlbuquerque, NM 87123
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Palazzo Apartments
1 to 3 Bedroom Apartments

Palazzo Apartments

14124 Copper Ave NEAlbuquerque, NM 87123

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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Coyote Point
2 Bedroom Apartments

Coyote Point

13500 Skyline Rd NEAlbuquerque, NM 87123
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Panorama Heights
1 to 2 Bedroom Apartments

Panorama Heights

13309 Mountain RdAlbuquerque, NM 87112
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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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Sungate
1 to 3 Bedroom Apartments

Sungate

10800 Comanche Rd NEAlbuquerque, NM 87111
Showing Results 1-39, Page 1 of 1

Edgewood, NM Local Guide

Cheapest Available Edgewood Apartments for Rent and Nearby

 

The cheapest available apartment rental in Edgewood, NM is a 1 Bed unit found at Whispering Sands in the Towne Park neighborhood priced from $799. Cloudview Terrace in the Towne Park neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $850. Here is today’s list of the most affordable Edgewood apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Whispering SandsOne Bedroom One Bath1BR,1BA$799
Cloudview Terrace2Bd/1Bath LOFT2BR,1BA$850
Monterey Manor ApartmentsKaloSolo1BR,1BA$855
Palazzo ApartmentsKaloSolo1BR,1BA$879
Rio Vista Senior ApartmentsIncome-Restricted One Bedroom Senior Apartment ...1BR,1BA$890
Las Vistas1BD/1B1BR,1BA$900
Studios on Route 66StudioStudio,1BA$900
The Retreat at CandelariaArtesia1BR,1BA$928
River Rock ApartmentsKaloSolo1BR,1BA$929
Copper Hills1x11BR,1BA$949

Best Value Apartments for Rent in Edgewood, NM and Nearby

As of July 28, 2026 the best value apartment in the Edgewood area is the $1.40 price per square foot 2 Bedroom Model at Zia Townhomes in the in the South Los Altos neighborhood starting from $1,715. The second greatest value Edgewood apartment is the 3 Bedroom 2 Bathroom Model at The Ridge starting at $1,390 with a $1.23 price per square foot in the South Los Altos neighborhood. Here is today’s list of the best values for Edgewood apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Zia Townhomes2 Bedroom2BR,1.5BA$1.40
The Ridge3 Bedroom 2 Bathroom3BR,2BA$1.23
Las KivasIsleta2BR,2BA$1.29
The Heights at TramwayTwo Bedroom One Bath2BR,1BA$1.34
Cloudview Terrace2Bd/1Bath LOFT2BR,1BA$1.08
Copper Hills1x11BR,1BA$1.36
Monterey Manor ApartmentsKaloSolo-Premium1BR,1BA$1.33
Palazzo ApartmentsKaloSolo-Premium1BR,1BA$1.43
River Rock ApartmentsKaloSolo1BR,1BA$1.38
Whispering SandsOne Bedroom One Bath1BR,1BA$1.23

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Edgewood, NM Rentals by Map

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Frequently Asked Questions about Cheap Edgewood Apartments

What is the Cheapest Studio apartment in Edgewood?

Currently the most affordable Cheap Studio Apartment in Edgewood is at Studios on Route 66 listed at $900.

How much is rent for a Cheap One Bedroom Edgewood Apartment?

The lowest price for a Cheap One Bedroom Edgewood Apartment is $799 at Whispering Sands.

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

Today's best deal for a Cheap Two Bedroom Apartment in Edgewood is starting from $850 at Cloudview Terrace.

What is the most affordable Edgewood Three Bedroom Apartment?

The best deal on a cheap Edgewood Three Bedroom Apartment rental is at The Ridge and starts from $1,390.

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 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.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention article

Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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

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

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.