Cheap Homes for Rent in Elder Homestead Neighborhood of Albuquerque, NM from $600 (7 Rentals)

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Search the lowest-cost Homes available for rent right now in the Elder Homestead area of Albuquerque.

property at 201 Vermont St NE

201 Vermont St NE, Unit B

201 Vermont St NE
AlbuquerqueNM87108
property at 436 Chama St SE

436 Chama St SE

AlbuquerqueNM87108

Elder Homestead, Albuquerque, NM Local Guide

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 $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 Elder Homestead apartments for rent in Albuquerque, NM:

Apartment ListingModel NameBed/BathPriced From
Cinnamon TreeStudioStudio,1BA$664
1028 Alvarado Dr1 Beds, 1 Baths1BR,1BA$695
El Pueblo II Apartments1x11BR,1BA$716

Best Value Apartments for Rent in Elder Homestead, NM

As of March 27, 2025 the best value apartment in the Elder Homestead area is the $1.30 price per square foot 2x2_1200 Model at Landmark Apartments in the in the Uptown Albuquerque neighborhood starting from $1,555. The second greatest value Elder Homestead apartment is the Three Bedroom Two Bath Model at Aspen Ridge starting at $1,123 with a $1.02 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Landmark Apartments2x2_12002BR,2BA$1.30
Aspen RidgeThree Bedroom Two Bath3BR,2BA$1.02
513 Wisconsin St NE, Unit 1B513 Wisconsin St NE2BR,1BA$1.30
1038 Texas St NE, Unit A1038 Texas St NE2BR,1BA$1.06
8309 Trumbull Ave SE, Unit B8309 Trumbull Ave SE2BR,1BA$1.09
El Pueblo II Apartments1x11BR,1BA$1.03
Madeira Flats- Utilities Included!FREE UTILITIES!1BR,1BA$1.30
Las Brisas1 Bed, 1 Bath1BR,1BA$1.36
1028 Alvarado Dr1 Beds, 1 Baths1BR,1BA$1.07
Home @ Valencia1bd/1ba1BR,1BA$1.41

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Frequently Asked Questions about Elder Homestead

What type of rentals are currently available in Elder Homestead?

There are currently 604 Apartments for Rent in Elder Homestead, NM with pricing that ranges from $645 to $4,086. There are also 24 Single Family Homes for rent, Condos, and Townhome rentals currently available in Elder Homestead ranging from $620 to $16,500.

What is the current price range for Rental Homes in Elder Homestead?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Elder Homestead ranges from $620 to $16,500 with an average monthly rent of $4,129.

How much are larger Three and Four Bedroom Rentals in Elder Homestead?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Elder Homestead range from $1,123 to $2,035, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,650 to $5,500. Four Bedroom Single-Family rentals are also available starting from $2,150 and Four Bedroom Apartments start at $1,495.

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.