
Cheap Homes for Rent in Elder Homestead Neighborhood of Albuquerque, NM from $600 (7 Rentals)
Search the lowest-cost Homes available for rent right now in the Elder Homestead area of Albuquerque.


302 San Pablo St NE

336 Grove St SE

235 Tennessee St NE

202 San Pablo St SE

201 Vermont St NE, Unit B

436 Chama St SE
Elder Homestead, Albuquerque, NM Local Guide

How much does it cost to rent a home in Elder Homestead?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Elder Homestead 2 Bedroom Homes for Rent | $2,077 | $850 | $3,500 |
Elder Homestead 3 Bedroom Homes for Rent | $2,467 | $1,650 | $5,500 |
Elder Homestead 4 Bedroom Homes for Rent | $2,150 | $2,150 | $2,150 |
Elder Homestead 6 Bedroom Homes for Rent | $16,500 | $10,000 | $10,000+ |
Browse Homes for Rent in this Neighborhood
There are currently 7 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 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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Cinnamon Tree | Studio | Studio,1BA | $664 |
1028 Alvarado Dr | 1 Beds, 1 Baths | 1BR,1BA | $695 |
El Pueblo II Apartments | 1x1 | 1BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Landmark Apartments | 2x2_1200 | 2BR,2BA | $1.30 |
Aspen Ridge | Three Bedroom Two Bath | 3BR,2BA | $1.02 |
513 Wisconsin St NE, Unit 1B | 513 Wisconsin St NE | 2BR,1BA | $1.30 |
1038 Texas St NE, Unit A | 1038 Texas St NE | 2BR,1BA | $1.06 |
8309 Trumbull Ave SE, Unit B | 8309 Trumbull Ave SE | 2BR,1BA | $1.09 |
El Pueblo II Apartments | 1x1 | 1BR,1BA | $1.03 |
Madeira Flats- Utilities Included! | FREE UTILITIES! | 1BR,1BA | $1.30 |
Las Brisas | 1 Bed, 1 Bath | 1BR,1BA | $1.36 |
1028 Alvarado Dr | 1 Beds, 1 Baths | 1BR,1BA | $1.07 |
Home @ Valencia | 1bd/1ba | 1BR,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.

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.

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.

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.