Cheap Apartments for Rent in the Cervantes Neighborhood of Albuquerque, NM from $500 (20 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Cervantes area of Albuquerque.

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Santa Barbara
1 Bedroom Apartments

Santa Barbara

1420 Edith Blvd NEAlbuquerque, NM 87102
Senior Living
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Candelaria Gardens
2 Bedroom Apartments

Candelaria Gardens

820 Candelaria Rd NWAlbuquerque, NM 87107
  • Utilities Included
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Sawmill Lofts
1 to 3 Bedroom Apartments

Sawmill Lofts

1801 Bellamah Ave NWAlbuquerque, NM 87104
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Aztec Manor
1 to 2 Bedroom Apartments

Aztec Manor

403 Aztec Rd NWAlbuquerque, NM 87107
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Marble Apartments
1 to 2 Bedroom Apartments

Marble Apartments

823 11th St NWAlbuquerque, NM 87102
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Downtown @ 700
Studio Apartments

Downtown @ 700

700 2nd St NWAlbuquerque, NM 87102
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Los Arcos
1 Bedroom Apartments

Los Arcos

1813 Girard Blvd NEAlbuquerque, NM 87106
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Faraday
2 Bedroom Apartments

Faraday

4322 4th St NWAlbuquerque, NM 87107

Cervantes, Albuquerque, NM Local Guide

Cheapest Available Cervantes Apartments for Rent

 

The cheapest available apartment rental in the Cervantes area of Albuquerque, NM is a Studio unit found at Desert Creek Apartments priced from $746. Union 505 has the second lowest priced unit, which is a Studio apartment currently listed from $781. Here are the most affordable Cervantes apartments for rent in Albuquerque, NM:

Apartment ListingModel NameBed/BathPriced From
Desert Creek ApartmentsThe SonoranStudio,1BA$746
Union 505StudioStudio,1BA$781
Cedars - Free Cable & Internet*Yucca1BR,1BA$850
Rock CreekStudioStudio,1BA$855
Arroyo VistaOne Bedroom1BR,1BA$917

Best Value Apartments for Rent in Cervantes, NM

As of March 26, 2025 the best value apartment in the Cervantes area is the $1.34 price per square foot 2 bedroom 2 bath Model at Large quiet two bedroom in the in the Netherwood Park neighborhood starting from $1,250. The second greatest value Cervantes apartment is the KaloDuo Model at Theta Apartments starting at $1,025 with a $1.14 price per square foot in the Northwest Quadrant neighborhood. Here is today’s list of the best values for Cervantes apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Large quiet two bedroom2 bedroom 2 bath2BR,2BA$1.34
Theta ApartmentsKaloDuo2BR,2BA$1.14
Cloverleaf ApartmentsOne Bedroom, One Bath1BR,1BA$1.43
Villa EsperanzaTwo Bedroom One and a Half Bath2BR,1BA$1.37
Arroyo VistaTwo Bedroom, Two Bath (A)2BR,2BA$1.40
Poblana PlaceOne Bedoom1BR,1BA$1.80
Peaks at Sandia View1x1-6381BR,1BA$1.45
Valley ApartmentsAzure Platinum1BR,1BA$1.71
Cedars - Free Cable & Internet*Juniper1BR,1BA$1.79
Desert Creek ApartmentsThe SonoranStudio ,1BA$1.65

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Cervantes, Albuquerque, NM

Ranked #214

Among neighborhoods in Albuquerque, NM for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving brings you Lifestyle Ratings of rentals and neighborhoods across the USA, and customized analysis for Central Albuquerque. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including searching for the best amenities, and outdoor amenities like tennis courts, pet-friendly features, places to raise kids, proximity to transit, and much more. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Getting Around the Cervantes Neighborhood in Albuquerque, NM

Walk Score®

34 / 100

Car-Dependent

Most errands require a car

Bike Score®

59 / 100

Bikeable

Some bike infrastructure

Transit Score®

13 / 100

Minimal Transit

It may be possible to get on a bus

Frequently Asked Questions about Cheap Cervantes Apartments

What is a cheap apartment in Cervantes?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Cervantes is under $1,035.

What is the price of a cheap apartment in Cervantes?

The cheapest apartment in Cervantes is Cedars - Free Cable & Internet* which is listed at $850, while the average apartment in Cervantes costs $1,800.

What types of apartments are the cheapest in Cervantes?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 722 regular apartments in Cervantes that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Cervantes?

Cheap apartments in Cervantes have an average cost of $566 which is $1,234 cheaper than the average rent for all rentals in Cervantes.

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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Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

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Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

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Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

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How Your Move-In Inspection Can Protect Your Security Deposit

Written by: Christine Leonard, Esq.

If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.