
Cheap Apartments for Rent in the Elder Homestead Neighborhood of Albuquerque, NM from $400 (60 Rentals)
Search the lowest-cost Apartments available for rent right now in the Elder Homestead area of Albuquerque.


Loop @950

Nova Point

Cinnamon Tree

El Pueblo II Apartments

Home @ Valencia

Brandywood Park - FREE Utilities

643 Alcazar St SE

Somerset Park

3430 Eastern Ave SE
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.

Nova View

528 Charleston St SE, Unit 4

143 General Arnold St NE

Portals

202 Quincy St NE

246 Vermont St NE

8309 Trumbull Ave SE

8309 Trumbull Ave SE, Unit B

453 Charleston St SE

200 Tennessee St NE, Unit 200 A

402 Monroe St NE

436 Chama St SE

336 Pennsylvania St NE

1335 Ortiz Dr SE

Patios - FREE Utilities+Standard Cable
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 | $1,026 | $645 | $3,413 |
Elder Homestead 1 Bedroom Apartments | $1,236 | $615 | $3,534 |
Elder Homestead 2 Bedroom Apartments | $1,461 | $750 | $4,304 |
Elder Homestead 3 Bedroom Apartments | $1,211 | $1,123 | $1,300 |
Elder Homestead 4 Bedroom Apartments | $1,374 | $1,253 | $1,495 |
Browse Apartments in this Neighborhood
There are currently 60 rentals with your search options within a 2 mile radius of the Elder Homestead Neighborhood of Albuquerque, NM.
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Elder Homestead, Albuquerque, NM Local Guide
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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 Loop @950 priced from $645. 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 |
---|---|---|---|
Loop @950 | 0x1 - 280 | Studio,1BA | $645 |
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 |
Home @ Valencia | 1BR/1.0BA | 1BR,1BA | $735 |
Somerset Park | Studio | Studio,1BA | $768 |
Cinnamon Tree | One Bed One Bath | 1BR,1BA | $776 |
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 April 23, 2025 the best value apartment in the Elder Homestead area is the $1.25 price per square foot Two Bedroom Two Bath Model at Los Altos Towers in the in the South Los Altos neighborhood starting from $1,499. The second greatest value Elder Homestead apartment is the Two Bedroom Two Bath Model at Aspen Ridge starting at $1,029 with a $1.20 price per square foot in the University Heights 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. |
---|---|---|---|
Los Altos Towers | Two Bedroom Two Bath | 2BR,2BA | $1.25 |
Aspen Ridge | Two Bedroom Two Bath | 2BR,2BA | $1.20 |
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 |
El Pueblo II Apartments | 1x1 | 1BR,1BA | $1.03 |
Las Brisas | 1 Bed, 1 Bath | 1BR,1BA | $1.35 |
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 #177
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 Loop @950 listed at $645.
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 $995 at 328 Rhode Island (New) St NE.
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.

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.

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.

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.

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.