Cheap Apartments for Rent in the East Albuquerque Neighborhood of Albuquerque, NM from $400 (225 Rentals)

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

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East Albuquerque, Albuquerque, NM Local Guide

Cheapest Available East Albuquerque Apartments for Rent

 

The cheapest available apartment rental in the East Albuquerque area of Albuquerque, NM is a Studio unit found at Cinnamon Tree priced from $664. 1028 Alvarado Dr has the second lowest priced unit, which is a 1 Bed apartment currently listed from $695. Here are the most affordable East Albuquerque apartments for rent in Albuquerque, NM:

Apartment ListingModel NameBed/BathPriced From
Cinnamon TreeStudioStudio,1BA$664
1028 Alvarado Dr1 Beds, 1 Baths1BR,1BA$695
The Villas @ UptownStudio UpgradeStudio,1BA$700
El Pueblo II Apartments1x11BR,1BA$716
210 High St NE0 Beds, 1 BathsStudio,1BA$735
Candlelight SquareSilver Sage1BR,1BA$736
Silver Gardens Apartments1 Bedroom (50%)1BR,1BA$740
Millennium Flats - Washer-Dryer IncludedStudioStudio,1BA$740
Desert Creek ApartmentsThe SonoranStudio,1BA$746
Somerset ParkStudioStudio,1BA$768

Best Value Apartments for Rent in East Albuquerque, NM

As of March 28, 2025 the best value apartment in the East Albuquerque area is the $1.02 price per square foot Three Bedroom Two Bath Model at Aspen Ridge in the in the University Heights neighborhood starting from $1,123. The second greatest value East Albuquerque apartment is the 2br apartment corner unit Model at Four Seasons starting at $1,100 with a $1.10 price per square foot in the Southeast Quadrant neighborhood. Here is today’s list of the best values for East Albuquerque apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Aspen RidgeThree Bedroom Two Bath3BR,2BA$1.02
Four Seasons2br apartment corner unit2BR,1BA$1.10
Via Apartments2 bedroom 1 bathroom MKT2BR,1BA$1.18
Theta ApartmentsKaloDuo2BR,2BA$1.13
The Ridge2 Bedroom 1 Bathroom2BR,1BA$1.15
1038 Texas St NE, Unit A1038 Texas St NE2BR,1BA$1.06
8309 Trumbull Ave SE, Unit B8309 Trumbull Ave SE2BR,1BA$1.09
Mission Hill ApartmentsThe Sequoia1BR,1BA$1.27
El Pueblo II Apartments1x11BR,1BA$1.03
1028 Alvarado Dr1 Beds, 1 Baths1BR,1BA$1.07

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Pet Friendly Lifestyle
East Albuquerque, Albuquerque, NM

Ranked #5

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
East Albuquerque, Albuquerque, NM

School data provided by Great Schools

Best Local Schools in
East Albuquerque, Albuquerque, NM

School data provided by Great Schools

Lifestyle Ratings

Our team of engineers and researchers compiles millions of data points to bring you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of neighborhoods, cities and towns, and rental properties across New Mexico including East Albuquerque, Albuquerque, and the greater Albuquerque area. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including filtering automatically for easy access to the parks, luxury housing options, places to raise kids, raising pets, transit options, walking, and biking. These search options are in the site filters at the top of this page.

Frequently Asked Questions about Cheap East Albuquerque Apartments

What is a cheap apartment in East Albuquerque?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in East Albuquerque is under $768.

What is the price of a cheap apartment in East Albuquerque?

The cheapest apartment in East Albuquerque is 1028 Alvarado Dr which is listed at $695, while the average apartment in East Albuquerque costs $2,249.

What types of apartments are the cheapest in East Albuquerque?

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 72 regular apartments in East Albuquerque 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 East Albuquerque?

Cheap apartments in East Albuquerque have an average cost of $739 which is $1,510 cheaper than the average rent for all rentals in East Albuquerque.

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.