Cheap Apartments for Rent in the Cherry Hills Neighborhood of Albuquerque, NM from $700 (35 Rentals)

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

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Montgomery Manor
2 to 4 Bedroom Apartments

Montgomery Manor

4301 Morris St NEAlbuquerque, NM 87111
  • Utilities Included

Cherry Hills, Albuquerque, NM Local Guide

Cheapest Available Cherry Hills Apartments for Rent

 

The cheapest available apartment rental in the Cherry Hills area of Albuquerque, NM is a 1 Bed unit found at Candlelight Square priced from $845. Canyon Crest has the second lowest priced unit, which is a Studio apartment currently listed from $860. Here are the most affordable Cherry Hills apartments for rent in Albuquerque, NM:

Apartment ListingModel NameBed/BathPriced From
Candlelight SquareDesert Willow1BR,1BA$845
Canyon Crest0 Bedroom 1 BathroomStudio,1BA$860
MiloMadrid1BR,1BA$913
Chelsea Village ApartmentsKaloSolo1BR,1BA$940
North Park ApartmentsBirch1BR,1BA$985
Acacia GardensTaos Deluxe 11BR,1BA$1,000
Treehouse ApartmentsCedarStudio,1BA$1,009
Villas de la TerrazaOne Bedroom1BR,1BA$1,069
Eagle Point ApartmentsPiquinStudio,1BA$1,075
San Pedro VillageJemez Two Bedroom, Two Bath2BR,2BA$1,075

Best Value Apartments for Rent in Cherry Hills, NM

As of April 28, 2025 the best value apartment in the Cherry Hills area is the $1.61 price per square foot 2X2-1135-Full Renovation Model at Broadstone Heights in the in the Academy Hills neighborhood starting from $1,825. The second greatest value Cherry Hills apartment is the Avari Model at Arterra starting at $1,695 with a $1.50 price per square foot in the Academy Hills neighborhood. Here is today’s list of the best values for Cherry Hills apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Broadstone Heights2X2-1135-Full Renovation2BR,2BA$1.61
ArterraAvari2BR,2BA$1.50
Academy Heights Apartments2 Bedr / 1 Bath2BR,1BA$1.49
Norte Villas ApartmentsTwo Bedroom One Bath - 827 Sq Ft2BR,1BA$1.39
San Pedro VillageJemez Two Bedroom, Two Bath2BR,2BA$1.37
Casa Del Arroyo Apartments2 Bedroom 1 Bath2BR,1BA$1.55
Tesoro on SpainA11BR,1BA$1.52
MiloMadrid Platinum1BR,1BA$1.44
North Park ApartmentsBirch1BR,1BA$1.54
Canyon Crest0 Bedroom 1 BathroomStudio ,1BA$1.53

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Pet Friendly Lifestyle
Cherry Hills, Albuquerque, NM

Ranked #38

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

This website compiles millions of data points to bring you comprehensive Lifestyle Ratings of neighborhoods, areas, and rental properties across New Mexico and customized analysis for Northeastern Albuquerque. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including filtering automatically for convenient access to the outdoors, luxury housing options, pet-friendly features, family-friendly amenities, proximity to transit, and more. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Getting Around the Cherry Hills Neighborhood in Albuquerque, NM

Walk Score®

63 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

74 / 100

Very Bikeable

Biking is convenient for most trips

Transit Score®

22 / 100

Minimal Transit

It may be possible to get on a bus

Frequently Asked Questions about Cheap Cherry Hills Apartments

What is a cheap apartment in Cherry Hills?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Cherry Hills is under $1,075.

What is the price of a cheap apartment in Cherry Hills?

The cheapest apartment in Cherry Hills is Candlelight Square which is listed at $845, while the average apartment in Cherry Hills costs $2,597.

What types of apartments are the cheapest in Cherry Hills?

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 37 regular apartments in Cherry Hills 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 Cherry Hills?

Cheap apartments in Cherry Hills have an average cost of $328 which is $2,269 cheaper than the average rent for all rentals in Cherry Hills.

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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Rise of Digital Nomads: Remote Work Tips for Apartment Renters

Written by: Brandie Parton

As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

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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.