Cheap Apartments for Rent in Los Ranchos de Albuquerque, NM from $400 (16 Rentals)

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Search the lowest-cost Apartments available for rent right now in Los Ranchos de Albuquerque.

The Student's Guide to Albuquerque: Top Neighborhoods That Put CNM and UNM Life Within Reach

Find your perfect place in ABQ! Explore the best neighborhoods near CNM and UNM that support a vibrant student life, from study spots to family-friendly resources.

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Tucson Apartments
2 Bedroom Apartments

Tucson Apartments

5401-5405 Tucson Rd NWAlbuquerque, NM 87120

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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Candelaria Gardens
2 Bedroom Apartments

Candelaria Gardens

820 Candelaria Rd NWAlbuquerque, NM 87107
  • Utilities Included
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Aztec Manor
1 to 2 Bedroom Apartments

Aztec Manor

403 Aztec Rd NWAlbuquerque, NM 87107
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5315 Yucca Cir NE
2 Bedroom Apartments

5315 Yucca Cir NE

5315 Yucca Cir NEAlbuquerque, NM 87120
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Faraday
2 Bedroom Apartments

Faraday

4322 4th St NWAlbuquerque, NM 87107
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Kromer House
1 Bedroom Apartments

Kromer House

1024 El Pueblo Rd NWAlbuquerque, NM 87114

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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Paseo Del Sol
1 to 3 Bedroom Apartments

Paseo Del Sol

291 El Pueblo Rd NWAlbuquerque, NM 87114
  • Utilities Included

Los Ranchos de Albuquerque, NM Local Guide

Cheapest Available Los Ranchos de Albuquerque Apartments for Rent

 

The cheapest available apartment rental in Los Ranchos de Albuquerque, NM is a Studio unit found at Desert Creek Apartments in the Northwest Quadrant neighborhood priced from $703. Valley Apartments in the Rancho Encantado neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $923. Here is today’s list of the most affordable Los Ranchos de Albuquerque apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Desert Creek ApartmentsThe SonoranStudio,1BA$703
Valley ApartmentsAzure Platinum1BR,1BA$923
El Paseo ApartmentsOne-Bedroom1BR,1BA$956
Arroyo VistaOne Bedroom1BR,1BA$971
AydanPinon Renovated1BR,1BA$1,046

Best Value Apartments for Rent in Los Ranchos de Albuquerque, NM

As of November 07, 2025 the best value apartment in the Los Ranchos de Albuquerque area is the $1.67 price per square foot 3BR/2.0BA Model at Horizon Village in the in the Baloon Fiesta Park neighborhood starting from $2,890. The second greatest value Los Ranchos de Albuquerque apartment is the 2B Loft Model at The Aspens starting at $1,525 with a $1.42 price per square foot in the Northwest Quadrant neighborhood. Here is today’s list of the best values for Los Ranchos de Albuquerque apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Horizon Village3BR/2.0BA3BR,2BA$1.67
The Aspens2B Loft2BR,2BA$1.42
Valley ApartmentsGrand Platinum3BR,2BA$1.58
La Cantera Senior Apartments2x12BR,1BA$1.21
Taylor Ranch1B: Maple (TR)1BR,1BA$1.58
Cottonwood Ranch1B: Maple (Upgraded)1BR,1BA$1.68
Cresta North Valley1 bed/1 bath1BR,1BA$1.60
Arroyo VistaOne Bedroom1BR,1BA$1.34
AydanPinon Renovated1BR,1BA$1.66
Desert Creek ApartmentsThe SonoranStudio ,1BA$1.56

The Student's Guide to Albuquerque: Top Neighborhoods That Put CNM and UNM Life Within Reach

Find your perfect place in ABQ! Explore the best neighborhoods near CNM and UNM that support a vibrant student life, from study spots to family-friendly resources.

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Apartment Common Area Rules: What Renters Need to Know

From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

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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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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How much rent can you afford?

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 Los Ranchos De Albuquerque, NM Rentals by Map

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Getting Around Los Ranchos de Albuquerque, NM

Walk Score®

44 / 100

Car-Dependent

Most errands require a car

Bike Score®

55 / 100

Bikeable

Some bike infrastructure

Frequently Asked Questions about Cheap Los Ranchos de Albuquerque Apartments

What is the Cheapest Studio apartment in Los Ranchos de Albuquerque?

Currently the most affordable Cheap Studio Apartment in Los Ranchos de Albuquerque is at Desert Creek Apartments listed at $703.

How much is rent for a Cheap One Bedroom Los Ranchos de Albuquerque Apartment?

The lowest price for a Cheap One Bedroom Los Ranchos de Albuquerque Apartment is $923 at Valley Apartments.

What is the lowest price for a Cheap Two Bedroom Los Ranchos de Albuquerque Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Los Ranchos de Albuquerque is starting from $1,041 at Desert Creek Apartments.

What is the most affordable Los Ranchos de Albuquerque Three Bedroom Apartment?

The best deal on a cheap Los Ranchos de Albuquerque Three Bedroom Apartment rental is at Valley Apartments and starts from $1,507.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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A Local Experts Guide To The Best Budget-Friendly Neighborhoods to Rent in Albuquerque

Written by: Esther Lombardi

Albuquerque, New Mexico, offers culture, diversity, and beautiful landscapes. Each neighborhood blends historic charm with nature, education, and entertainment.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.