Cheap Apartments for Rent in the Merritt Acres Neighborhood of Albuquerque, NM from $600 (25 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Apartments available for rent right now in the Merritt Acres area of Albuquerque.

property at 255 Gene Ave NW

255 Gene Ave NW

AlbuquerqueNM87107
close
View Me
Candelaria Gardens
2 Bedroom Apartments

Candelaria Gardens

820 Candelaria Rd NWAlbuquerque, NM 87107
  • Utilities Included
close
View Me
Aztec Manor
1 to 2 Bedroom Apartments

Aztec Manor

403 Aztec Rd NWAlbuquerque, NM 87107
close
View Me
Faraday
2 Bedroom Apartments

Faraday

4322 4th St NWAlbuquerque, NM 87107

Merritt Acres, Albuquerque, NM Local Guide

Cheapest Available Merritt Acres Apartments for Rent

 

The cheapest available apartment rental in the Merritt Acres area of Albuquerque, NM is a Studio unit found at Desert Creek Apartments priced from $746. Trailhead at Chamizal - NOW LEASING has the second lowest priced unit, which is a 1 Bed apartment currently listed from $800. Here are the most affordable Merritt Acres apartments for rent in Albuquerque, NM:

Apartment ListingModel NameBed/BathPriced From
Desert Creek ApartmentsThe SonoranStudio,1BA$746
Trailhead at Chamizal - NOW LEASINGOne Bedroom1BR,1BA$800
Rock CreekStudioStudio,1BA$855
Arroyo VistaOne Bedroom1BR,1BA$917
Theta ApartmentsKaloSolo-Premium1BR,1BA$991

Best Value Apartments for Rent in Merritt Acres, NM

As of March 30, 2025 the best value apartment in the Merritt Acres area is the $1.77 price per square foot B2 Model at Allaso Journal Center in the in the North Valley neighborhood starting from $2,188. The second greatest value Merritt Acres apartment is the Delray Model at Las Mananitas Apartments starting at $1,705 with a $1.57 price per square foot in the Northwest Quadrant neighborhood. Here is today’s list of the best values for Merritt Acres apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Allaso Journal CenterB22BR,2BA$1.77
Las Mananitas ApartmentsDelray2BR,2BA$1.57
Theta ApartmentsKaloDuo2BR,2BA$1.13
Trailhead at Chamizal - NOW LEASINGTwo Bedroom2BR,1BA$1.30
Cloverleaf ApartmentsOne Bedroom, One Bath1BR,1BA$1.43
Villa EsperanzaTwo Bedroom One and a Half Bath2BR,1BA$1.37
Arroyo VistaTwo Bedroom, Two Bath (A)2BR,2BA$1.40
Sun PlazaSol Platinum1BR,1BA$1.78
Valley ApartmentsAzure Platinum1BR,1BA$1.71
Desert Creek ApartmentsThe SonoranStudio ,1BA$1.65

Quick 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.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
Merritt Acres, Albuquerque, NM

Ranked #169

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

decorative image of woman handing cat to small boy

Lifestyle Ratings

ApartmentHomeLiving brings you 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 rankings of the best places for the best proximity to parks and outdoor amenities, luxury amenities, places to raise kids, raising pets, transit options, walking, and biking. Find Lifestyle Search in the filter options (above). Happy Searching!

Getting Around the Merritt Acres Neighborhood in Albuquerque, NM

Walk Score®

53 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

52 / 100

Bikeable

Some bike infrastructure

Transit Score®

10 / 100

Minimal Transit

It may be possible to get on a bus

Frequently Asked Questions about Cheap Merritt Acres Apartments

What is a cheap apartment in Merritt Acres?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Merritt Acres is under $1,049.

What is the price of a cheap apartment in Merritt Acres?

The cheapest apartment in Merritt Acres is Trailhead at Chamizal - NOW LEASING which is listed at $800, while the average apartment in Merritt Acres costs $1,852.

What types of apartments are the cheapest in Merritt Acres?

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 15 regular apartments in Merritt Acres 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 Merritt Acres?

Cheap apartments in Merritt Acres have an average cost of $471 which is $1,381 cheaper than the average rent for all rentals in Merritt Acres.

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.

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

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.

decorative image for Renting Smart: Lease Basics Every Renter Needs article

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.

decorative image for Battling the Butts: Your Guide to the Reality of Smoke-Free Renting article

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.

decorative image for How Your Move-In Inspection Can Protect Your Security Deposit  article

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.