Cheap Apartments for Rent in the Loma Del Rey Neighborhood of Albuquerque, NM from $700 (45 Rentals)

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

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Montgomery Manor
2 to 4 Bedroom Apartments

Montgomery Manor

4301 Morris St NEAlbuquerque, NM 87111
  • Utilities Included

Loma Del Rey, Albuquerque, NM Local Guide

Cheapest Available Loma Del Rey Apartments for Rent

 

The cheapest available apartment rental in the Loma Del Rey area of Albuquerque, NM is a Studio unit found at The Villas @ Uptown priced from $700. Canyon Crest has the second lowest priced unit, which is a Studio apartment currently listed from $807. Here are the most affordable Loma Del Rey apartments for rent in Albuquerque, NM:

Apartment ListingModel NameBed/BathPriced From
The Villas @ UptownStudio UpgradeStudio,1BA$700
Canyon Crest0 Bedroom 1 BathroomStudio,1BA$807
The Retreat at CandelariaArtesia1BR,1BA$867
Candlelight SquareSilver Sage1BR,1BA$879
MiloMadrid1BR,1BA$905
Chelsea Village ApartmentsKaloSolo1BR,1BA$965
Mission Hill ApartmentsThe Cottonwood1BR,1BA$970
Sunset PointeSM1X11BR,1BA$975
Arlo ApartmentsA11BR,1BA$975
Dorado HeightsAStudio,1BA$980

Best Value Apartments for Rent in Loma Del Rey, NM

As of April 17, 2025 the best value apartment in the Loma Del Rey area is the $1.33 price per square foot Two Bedroom, Two Bath Model at Northeastern in the in the Northeast Quadrant neighborhood starting from $1,395. The second greatest value Loma Del Rey apartment is the 2 Bedr / 1 Bath Model at Academy Heights Apartments starting at $1,410 with a $1.49 price per square foot in the Northeast Quadrant neighborhood. Here is today’s list of the best values for Loma Del Rey apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
NortheasternTwo Bedroom, Two Bath2BR,2BA$1.33
Academy Heights Apartments2 Bedr / 1 Bath2BR,1BA$1.49
The Heights at TramwayTwo Bedroom One Bath2BR,1BA$1.34
Canyon Crest2 Bedroom 2 Bathroom2BR,2BA$1.46
Pinon TerraceOne Bedroom - Fully Remodeled1BR,1BA$1.37
MiloMadrid Platinum1BR,1BA$1.44
Sunset PointeSM1X11BR,1BA$1.35
Mission Hill ApartmentsThe Cottonwood1BR,1BA$1.36
Arlo ApartmentsA11BR,1BA$1.43
The Retreat at CandelariaArtesia1BR,1BA$1.49

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Pet Friendly Lifestyle
Loma Del Rey, Albuquerque, NM

Ranked #14

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving brings you our detailed rental search system called 'Lifestyle ratings', composed of rentals in metropolitan areas across the United States and customized analysis for Eastern Albuquerque. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including searching for the best amenities, and the best outdoor access, family-friendliness, raising pets, transit options, walking, and biking. Find Lifestyle Search in the filter options (above). Happy Searching!

Getting Around the Loma Del Rey Neighborhood in Albuquerque, NM

Walk Score®

67 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

56 / 100

Bikeable

Some bike infrastructure

Transit Score®

29 / 100

Some Transit

A few nearby public transportation options

Frequently Asked Questions about Cheap Loma Del Rey Apartments

What is a cheap apartment in Loma Del Rey?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Loma Del Rey is under $980.

What is the price of a cheap apartment in Loma Del Rey?

The cheapest apartment in Loma Del Rey is The Retreat at Candelaria which is listed at $867, while the average apartment in Loma Del Rey costs $2,549.

What types of apartments are the cheapest in Loma Del Rey?

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 28 regular apartments in Loma Del Rey 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 Loma Del Rey?

Cheap apartments in Loma Del Rey have an average cost of $118 which is $2,431 cheaper than the average rent for all rentals in Loma Del Rey.

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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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.

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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.