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from $675Studio to 2 Bedroom Apartments Available Now
Cinnamon Tree
7220 Central Ave SEAlbuquerque, NM 87108
Cheap Apartments for Rent in the Elder Homestead Neighborhood of Albuquerque, NM from $400 (58 Rentals)
Search the lowest-cost Apartments available for rent right now in the Elder Homestead area of Albuquerque.
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Rent Specials
from $695Studio to 4 Bedroom Apartments Available Now
Loop @950
950 Louisiana Blvd SEAlbuquerque, NM 87108
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from $700Studio to 2 Bedroom Apartments Available Now
Nova Point
1001 Louisiana Blvd NEAlbuquerque, NM 87110
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from $7161 Bedroom Apartments Available Now
El Pueblo II Apartments
6021 Anderson Ave SEAlbuquerque, NM 87108
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Rent Specials
from $729Studio Apartments Available Now
Brandywood Park - FREE Utilities
5851 Anderson Ave SEAlbuquerque, NM 87108
643 Alcazar St SE
AlbuquerqueNM87108
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from $7501 Bedroom Apartment Available Now
225 Vermont St NE, Unit 4
225 Vermont St NEAlbuquerque, NM 87108
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from $768Studio to 2 Bedroom Apartments Available Now
Somerset Park
1201 Madeira Dr SEAlbuquerque, NM 87108
328-328 Texas St SE
AlbuquerqueNM87108
308 Rhode Island St SE
AlbuquerqueNM87108
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
4211 Mesa Grande Pl SE
AlbuquerqueNM87108
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from $800Studio to 2 Bedroom Apartments Available Now
Nova View
1330 Louisiana Blvd NEAlbuquerque, NM 87110
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from $8001 Bedroom Apartment Available Now
528 Charleston St SE, Unit 4
528 Charleston St SEAlbuquerque, NM 87108
314 Rhode Island St SE
AlbuquerqueNM87108
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from $8251 Bedroom Apartments Contact Us For Availability
Portals
1180 Alvarado Dr SEAlbuquerque, NM 87108
113 General Arnold St NE
AlbuquerqueNM87123
3430 Eastern Ave SE
AlbuquerqueNM87106
246 Vermont St NE
AlbuquerqueNM87108
7600 Central Ave SE
AlbuquerqueNM87108
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from $8702 Bedroom Apartment Available Now
8309 Trumbull Ave SE, Unit B
8309 Trumbull Ave SEAlbuquerque, NM 87108
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
453 Charleston St SE
AlbuquerqueNM87108
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from $8991 Bedroom Apartments Available Now
444 Florida Playa del Sol
444 Florida St SEAlbuquerque, NM 87108
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from $9002 Bedroom Apartment Available Now
200 Tennessee St NE, Unit 200 A
200 Tennessee St NEAlbuquerque, NM 87108
336 Pennsylvania St NE
AlbuquerqueNM87108
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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.
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1 to 2 Bedroom Apartments
Patios - FREE Utilities+Standard Cable
1116-1208 Ortiz Dr SEAlbuquerque, NM 87108
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Elder Homestead, Albuquerque, NM Local Guide
How much does it cost to rent an apartment in Elder Homestead?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Elder Homestead Studio Apartments | $957 | $675 | $3,259 |
| Elder Homestead 1 Bedroom Apartments | $1,163 | $716 | $3,396 |
| Elder Homestead 2 Bedroom Apartments | $1,459 | $750 | $4,643 |
| Elder Homestead 3 Bedroom Apartments | $1,300 | $1,300 | $1,300 |
| Elder Homestead 4 Bedroom Apartments | $1,353 | $1,114 | $1,495 |
Browse Apartments in this Neighborhood
There are currently 58 rentals with your search options within a 2 mile radius of the Elder Homestead Neighborhood of Albuquerque, NM.
See all Apartments in AlbuquerqueExplore Albuquerque
Elder Homestead, Albuquerque, NM Local Guide
- Nearby Albuquerque neighborhoods
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Cheapest Available Elder Homestead Apartments for Rent
The cheapest available apartment rental in the Elder Homestead area of Albuquerque, NM is a Studio unit found at Cinnamon Tree priced from $675. 1028 Alvarado Dr has the second lowest priced unit, which is a 1 Bed apartment currently listed from $675. Here are the most affordable Elder Homestead apartments for rent in Albuquerque, NM:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Cinnamon Tree | Studio | Studio,1BA | $675 |
| 1028 Alvarado Dr | 1 Beds, 1 Baths | 1BR,1BA | $675 |
| Nova Point | S1 - Studio | Studio,1BA | $700 |
| El Pueblo II Apartments | 1x1 | 1BR,1BA | $716 |
| Loop @950 | 0x1 - 410 | Studio,1BA | $725 |
| Brandywood Park - FREE Utilities | Sailor's Studio - FREE Utilities | Studio,1BA | $729 |
| Somerset Park | Studio | Studio,1BA | $768 |
| White Oak Apartments | Casa Del Rey Oeste | 1BR,1BA | $781 |
| Nova View | A1 | 1BR,1BA | $800 |
Best Value Apartments for Rent in Elder Homestead, NM
As of May 11, 2025 the best value apartment in the Elder Homestead area is the $1.10 price per square foot 2BR/1.0BA Model at Home @ Valencia in the in the South San Pedro neighborhood starting from $995. The second greatest value Elder Homestead apartment is the One Bedroom One Bath Model at Los Altos Towers starting at $1,225 with a $1.42 price per square foot in the South Los Altos neighborhood. Here is today’s list of the best values for Elder Homestead apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Home @ Valencia | 2BR/1.0BA | 2BR,1BA | $1.10 |
| Los Altos Towers | One Bedroom One Bath | 1BR,1BA | $1.42 |
| 328 Rhode Island (New) St NE | 2 bed/ 1 bath | 2BR,1BA | $1.24 |
| 8309 Trumbull Ave SE, Unit B | 8309 Trumbull Ave SE | 2BR,1BA | $1.09 |
| 200 Tennessee St NE, Unit 200 A | 200 Tennessee St NE | 2BR,1BA | $1.13 |
| 225 Vermont St NE, Unit 4 | 225 Vermont St NE | 1BR,1BA | $1.07 |
| El Pueblo II Apartments | 1x1 | 1BR,1BA | $1.03 |
| 528 Charleston St SE, Unit 4 | 528 Charleston St SE | 1BR,1BA | $1.23 |
| 1028 Alvarado Dr | 1 Beds, 1 Baths | 1BR,1BA | $1.04 |
| Nova View | A1 | 1BR,1BA | $1.30 |
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Pet Friendly LifestyleElder Homestead, Albuquerque, NM
Ranked #99
Among neighborhoods in Albuquerque, NM for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Elder Homestead, Albuquerque, NM
School data provided by Great Schools
Lifestyle Ratings
ApartmentHomeLiving brings you comprehensive Lifestyle Ratings of rentals in cities across the United States, including Albuquerque. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including filtering automatically for proximity to parks, luxury housing options, pet-friendly features, features that make it easier to raise kids, proximity to transit, and more. Find Lifestyle Search in the filter options (above). Happy Searching!
Getting Around the Elder Homestead Neighborhood in Albuquerque, NM
Walk Score®
61 / 100
Somewhat Walkable
Some errands can be accomplished on foot
Bike Score®
68 / 100
Bikeable
Some bike infrastructure
Transit Score®
34 / 100
Some Transit
A few nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Elder Homestead Apartments
What is the Cheapest Studio apartment in Elder Homestead?
Currently the most affordable Cheap Studio Apartment in Elder Homestead is at Cinnamon Tree listed at $675.
How much is rent for a Cheap One Bedroom Elder Homestead Apartment?
The lowest price for a Cheap One Bedroom Elder Homestead Apartment is $675 at 1028 Alvarado Dr.
What is the lowest price for a Cheap Two Bedroom Elder Homestead Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Elder Homestead is starting from $908 at Cinnamon Tree.
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.
Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.
The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.
Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.
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.