
Cheap Apartments for Rent in the Los Padillas Neighborhood of Albuquerque, NM from $400 (15 Rentals)
Search the lowest-cost Apartments available for rent right now in the Los Padillas area of Albuquerque.


La Vida Nueva

University Village

Ceja Vista Senior 55+

2801 Vail Ave SE, Unit 232
The Student's Guide to Albuquerque: Top Neighborhoods That Put CNM and UNM Life Within Reach
Find your perfect place in ABQ! Explore the best neighborhoods near CNM and UNM that support a vibrant student life, from study spots to family-friendly resources.

Sunport Plaza Apartments
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2018 Nancy St SW

240 Wheeler Ave SE
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When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.
Los Padillas, Albuquerque, NM Local Guide

How much does it cost to rent an apartment in Los Padillas?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Los Padillas Studio Apartments | $982 | $800 | $1,296 |
| Los Padillas 1 Bedroom Apartments | $1,344 | $755 | $1,766 |
| Los Padillas 2 Bedroom Apartments | $1,457 | $1,127 | $1,733 |
| Los Padillas 3 Bedroom Apartments | $1,802 | $1,400 | $1,999 |
| Los Padillas 4 Bedroom Apartments | $2,305 | $1,989 | $2,895 |
Browse Apartments in this Neighborhood
There are currently 15 rentals with your search options within a 3 mile radius of the Los Padillas Neighborhood of Albuquerque, NM.
See all Apartments in AlbuquerqueExplore Albuquerque
Los Padillas, Albuquerque, NM Local Guide
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Cheapest Available Los Padillas Apartments for Rent
 The cheapest available apartment rental in the Los Padillas area of Albuquerque, NM is a Studio unit found at La Vida Nueva priced from $800. Ceja Vista Senior 55+ has the second lowest priced unit, which is a 1 Bed apartment currently listed from $941. Here are the most affordable Los Padillas apartments for rent in Albuquerque, NM:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| La Vida Nueva | Studios | Studio,1BA | $800 |
| Ceja Vista Senior 55+ | One Bedroom | 1BR,1BA | $941 |
| CRESTWOOD APARTMENTS | 1 Bedroom 1 Bathroom | 1BR,1BA | $999 |
| Taylor Ridge Apartments | Two Bedroom One Bath | 2BR,1BA | $1,200 |
| Diamond Mesa | Emerald | 2BR,2BA | $1,433 |
Best Value Apartments for Rent in Los Padillas, NM
As of December 29, 2025 the best value apartment in the Los Padillas area is the $1.32 price per square foot 2912 Mulberry St SE Model at 2912 Mulberry St SE, Unit 5 bedroom in the in the Southwest Quadrant neighborhood starting from $2,500. The second greatest value Los Padillas apartment is the Coral Model at Diamond Mesa starting at $1,917 with a $1.45 price per square foot in the Ironhorse at El Rancho Grande neighborhood. Here is today’s list of the best values for Los Padillas apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 2912 Mulberry St SE, Unit 5 bedroom | 2912 Mulberry St SE | 5BR,5BA | $1.32 |
| Diamond Mesa | Coral | 3BR,1.5BA | $1.45 |
| Taylor Ridge Apartments | Two Bedroom One Bath | 2BR,1BA | $1.00 |
| Broadstone Towne Center | The Maduro | 1BR,1BA | $2.22 |
| Encanto at Mesa Del Sol | Sandia | 1BR,1BA | $2.00 |
| CRESTWOOD APARTMENTS | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.67 |
| Ceja Vista Senior 55+ | One Bedroom | 1BR,1BA | $1.64 |
| La Vida Nueva | Studios | Studio ,1BA | $1.74 |
The Student's Guide to Albuquerque: Top Neighborhoods That Put CNM and UNM Life Within Reach
Find your perfect place in ABQ! Explore the best neighborhoods near CNM and UNM that support a vibrant student life, from study spots to family-friendly resources.
Read ArticleDon't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
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Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Pet Friendly LifestyleLos Padillas, Albuquerque, NM
Ranked #253
Among cities in New Mexico for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Best Local Schools in Los Padillas, Albuquerque, NM
Atrisco Heritage Academy High School
School data provided by Great Schools
Frequently Asked Questions about Cheap Los Padillas Apartments
What is the price of a cheap apartment in Los Padillas?
The cheapest apartment in Los Padillas is La Vida Nueva which is listed at $939, while the average apartment in Los Padillas costs $2,500.
What types of apartments are the cheapest in Los Padillas?
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 7 regular apartments in Los Padillas 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 Los Padillas?
Cheap apartments in Los Padillas have an average cost of $183 which is $2,317 cheaper than the average rent for all rentals in Los Padillas.
Expert Rental Resources
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.
Articles, How-To's, and Tips

A Local Experts Guide To The Best Budget-Friendly Neighborhoods to Rent in Albuquerque
Written by: Esther Lombardi
Albuquerque, New Mexico, offers culture, diversity, and beautiful landscapes. Each neighborhood blends historic charm with nature, education, and entertainment.

How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.






