Cheap Apartments for Rent near Peralta, NM from $500 (66 Rentals)

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

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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The French Quarter
Rent Specials
$850 - $995
Total Monthly Price

Total Monthly Price

Base Rent
$850 - $995
Total Monthly Price
$850 - $995
1 Bedroom Apartments Available Now

The French Quarter

1101-1121 Palomas Dr SEAlbuquerque, NM 87108
Corporate Housing
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  • Smoke Free
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Playa Del Sol
$925
Total Monthly Price

Total Monthly Price

Base Rent
$925
Total Monthly Price
$925
1 Bedroom Apartments Available Now

Playa Del Sol

444 Florida St SEAlbuquerque, NM 87108
Affordability
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  • Customer Reviewed
  • Utilities Included

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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Nine-O-Nine Apartments
Rent Specials
$1,195 - $1,395
Total Monthly Price

Total Monthly Price

Base Rent
$1,195 - $1,395
Total Monthly Price
$1,195 - $1,395
1 to 2 Bedroom Apartments Available Now

Nine-O-Nine Apartments

909 Tijeras Ave NWAlbuquerque, NM 87102
Transit Friendly
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  • Utilities Included
  • 3D Tour

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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Diamond Mesa
$1,535 - $9,154
Total Monthly Price

Total Monthly Price

Base Rent
$1,535 - $9,154
Total Monthly Price
Varies
1 to 4 Bedroom Apartments Available Now

Diamond Mesa

2300 Diamond Mesa Trl SWAlbuquerque, NM 87121
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Villa Escondida
2 to 5 Bedroom Apartments

Villa Escondida

1114 Los Claveles Dr SELos Lunas, NM 87031
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Gerald Chavez
2 Bedroom Apartments

Gerald Chavez

524 Gerald Chavez Ln NELos Lunas, NM 87031
  • Utilities Included
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University Village
Studio Apartments

University Village

1901 University Blvd SEAlbuquerque, NM 87106
Corporate Housing
  • Utilities Included

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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509 Girard Terrace
Studio to 2 Bedroom Apartments

509 Girard Terrace

509 Girard Blvd SEAlbuquerque, NM 87106
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Adobe Manor Apartments
Studio Apartments

Adobe Manor Apartments

7412 Central Ave SWAlbuquerque, NM 87121
  • Utilities Included
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Route 66 Headquarters
Studio to 1 Bedroom Apartments

Route 66 Headquarters

9317 Central Ave NWAlbuquerque, NM 87121
  • Utilities Included
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Pine St Studios
Studio to 2 Bedroom Apartments

Pine St Studios

414 Pine St SEAlbuquerque, NM 87106
property at 2800 Vail Ave SE

$850 - $1,180

Studio To 1 Bedroom Rentals

Available Now

2800 Vail Ave SE

AlbuquerqueNM87106
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Don Quixote Apartments
Studio to 2 Bedroom Apartments

Don Quixote Apartments

1811 Lead Ave SEAlbuquerque, NM 87106
  • Utilities Included
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El Campo Apartments
Studio to 1 Bedroom Apartments

El Campo Apartments

5800 Central Ave SWAlbuquerque, NM 87105
  • Utilities Included
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Madeira Court
Studio to 1 Bedroom Apartments

Madeira Court

1001 Madeira Dr SEAlbuquerque, NM 87108
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Ceja Vista Senior 55+
1 to 2 Bedroom Apartments

Ceja Vista Senior 55+

10001 Ceja Vista Rd SWAlbuquerque, NM 87121
Senior Living
  • Utilities Included
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Imperial
Studio to 2 Bedroom Apartments

Imperial

205 Silver Ave SWAlbuquerque, NM 87102
  • 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.

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Showing Results 1-50, Page 1 of 2

Peralta, NM Local Guide

Cheapest Available Peralta Apartments for Rent and Nearby

 

The cheapest available apartment rental in Peralta, NM is a Studio unit found at The Loop at 950 in the South San Pedro neighborhood priced from $645. Home @ Valencia in the South San Pedro 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 Peralta apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Loop at 9500x1 - 280Studio,1BA$645
Home @ Valencia1bd/1ba1BR,1BA$695
Diamond Elite Luxury TownhomesStudio/1 BathStudio,1BA$699
White Oak Apartments1x11BR,1BA$716
Millennium FlatsUnit Type AStudio,1BA$775
Vail Manor ApartmentsStudioStudio,1BA$790
Villa De San Felipe0 x 1 BStudio,1BA$799
The Portals ApartmentsA11BR,1BA$800
El Pueblo - Ultimate Urban LivingStudioStudio,1BA$840
The French Quarter1x1 Classic (630sqft) RH1BR,1BA$850

Best Value Apartments for Rent in Peralta, NM and Nearby

As of July 11, 2026 the best value apartment in the Peralta area is the $1.28 price per square foot Three Bedroom Model at Taylor Ridge Apartments in the in the Southwest Quadrant neighborhood starting from $1,600. The second greatest value Peralta apartment is the Four Bedroom Two Bath Model at Aspen Ridge starting at $1,311 with a $1.08 price per square foot in the South San Pedro neighborhood. Here is today’s list of the best values for Peralta apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Taylor Ridge ApartmentsThree Bedroom3BR,2BA$1.28
Aspen RidgeFour Bedroom Two Bath4BR,2BA$1.08
Four Seasons2br apartment corner unit2BR,1BA$1.15
Gracey's Nation - Palomas Community2 Bed, 1 Bath2BR,1BA$1.23
Generations at West MesaTwo Bedroom One Bathroom 768 Sq Ft2BR,1BA$1.37
Villa Apartments1 Bed 1 Bath1BR,1BA$1.37
The Portals ApartmentsA11BR,1BA$1.14
White Oak Apartments1x11BR,1BA$1.03
The Lanai Apartments1BD/1B1BR,1BA$1.38
Home @ Valencia1bd/1ba1BR,1BA$1.26

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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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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Quick Rent Budget Calculator

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 Peralta, NM Rentals by Map

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See the most popular apartments and homes in Peralta, NM

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Frequently Asked Questions about Cheap Peralta Apartments

What is the Cheapest Studio apartment in Peralta?

Currently the most affordable Cheap Studio Apartment in Peralta is at The Loop at 950 listed at $645.

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

The lowest price for a Cheap One Bedroom Peralta Apartment is $695 at Home @ Valencia.

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

Today's best deal for a Cheap Two Bedroom Apartment in Peralta is starting from $925 at The Loop at 950.

What is the most affordable Peralta Three Bedroom Apartment?

The best deal on a cheap Peralta Three Bedroom Apartment rental is at Aspen Ridge and starts from $1,184.

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.

Helpful Local Expert Guides

decorative image for A Local Expert's Guide To The Best Budget-Friendly Neighborhoods to Rent in Albuquerque article

A Local Expert's 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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The Students Guide to Albuquerque: Top Neighborhoods That Put CNM and UNM Life Within Reach

Written by: Esther Lombardi

There’s more to Albuquerque than just the breathtaking landscapes and tasty green chilies. As both a student and a parent, I see Albuquerque as a learning hub that nurtures curiosity and encourages growth and enrichment.

decorative image for Albuquerque Uncovered: Your Local Expert's Guide to the High Desert City article

Albuquerque Uncovered: Your Local Expert's Guide to the High Desert City

Written by: Esther Lombardi

Hello from Albuquerque, New Mexico! I’m Esther, your ApartmentHomeLiving.com Local Expert for Albuquerque, and I’m here to give you the inside scoop on this unique city.

decorative image for Your Guide to the Best Neighborhoods to Rent Near Albuquerques Top Employers article

Your Guide to the Best Neighborhoods to Rent Near Albuquerques Top Employers

Written by: Esther Lombardi

I still recollect my first morning commute in Albuquerque.

Articles, How-To's, and Tips

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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.

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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.

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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.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.