Cheap Apartments for Rent in Los Ranchos de Albuquerque, NM from $400 (21 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
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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

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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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
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Paseo Del Sol
1 to 3 Bedroom Apartments

Paseo Del Sol

291 El Pueblo Rd NWAlbuquerque, NM 87114
  • Utilities Included
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Fourth Street Flats
Studio to 2 Bedroom Apartments

Fourth Street Flats

4419 4th St NWAlbuquerque, NM 87107
  • Utilities Included

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.

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 $619. El Paseo Apartments in the Northwest Quadrant neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $956. Here is today’s list of the most affordable Los Ranchos de Albuquerque apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Desert Creek ApartmentsSRO-Sleeping room onlyStudio,1BA$619
El Paseo ApartmentsOne-Bedroom1BR,1BA$956
La Cantera Senior Apartments1x11BR,1BA$956
Arroyo VistaOne Bedroom1BR,1BA$971
Peaks at Los RanchosSilverado RenovatedStudio,1BA$975

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

As of December 22, 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 2 BD/ 2.5 BA Model at 9368 Valley View Dr NW starting at $1,800 with a $1.50 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
9368 Valley View Dr NW2 BD/ 2.5 BA1BR,1BA$1.50
Cresta North Valley2 bed/2 bath2BR,2BA$1.39
SkyStone ApartmentsBoca1BR,1BA$1.69
The AspensThe Maple1BR,1BA$1.42
Taylor RanchMaple1BR,1BA$1.71
Eagle Ranch ApartmentsLatigo1BR,1BA$1.60
Arroyo VistaOne Bedroom1BR,1BA$1.34
Del Rio ApartmentsAspen1BR,1BA$1.60
La Cantera Senior Apartments1x11BR,1BA$1.61

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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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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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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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 $619.

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 $956 at El Paseo 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 $1,053 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 The Aubry and starts from $1,598.

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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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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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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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!