Cheap Homes for Rent in Siesta Hills Neighborhood of Albuquerque, NM from $700 (8 Rentals)

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

Siesta Hills - One of the Best Affordable Neighborhoods in Albuquerque

Named as one of the Best Affordable Areas to rent in Albuquerque by our Local Expert Esther Lombardi. See how it ranks!

Check Out Albuquerque’s Best Affordable Neighborhoods

Learn about Albuquerque and the best places to live with original content written by our Local Expert Esther Lombardi

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

Siesta Hills, Albuquerque, NM Local Guide

Cheapest Available Siesta Hills Apartments for Rent

 

The cheapest available apartment rental in the Siesta Hills area of Albuquerque, NM is a 1 Bed unit found at 1028 Alvarado Dr priced from $675. Nova Point has the second lowest priced unit, which is a Studio apartment currently listed from $700. Here are the most affordable Siesta Hills apartments for rent in Albuquerque, NM:

Apartment ListingModel NameBed/BathPriced From
1028 Alvarado Dr1 Beds, 1 Baths1BR,1BA$675
Nova PointS1 - StudioStudio,1BA$700
El Pueblo II Apartments1x11BR,1BA$716

Best Value Apartments for Rent in Siesta Hills, NM

As of May 17, 2025 the best value apartment in the Siesta Hills area is the $1.10 price per square foot 2BR/1.0BA Model at Home @ Valencia in the in the South San Pedro neighborhood starting from $995. The second greatest value Siesta Hills apartment is the 2 BD 1.5 Bath Model at 1200 Madeira starting at $1,250 with a $1.47 price per square foot in the South San Pedro neighborhood. Here is today’s list of the best values for Siesta Hills apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Home @ Valencia2BR/1.0BA2BR,1BA$1.10
1200 Madeira2 BD 1.5 Bath2BR,1.5BA$1.47
8309 Trumbull Ave SE, Unit B8309 Trumbull Ave SE2BR,1BA$1.09
225 Vermont St NE, Unit 4225 Vermont St NE1BR,1BA$1.07
El Pueblo II Apartments1x11BR,1BA$1.03
Madeira Flats- Utilities Included!Renovated One Bedroom $300 OFF MOVE IN! FREE UT...1BR,1BA$1.45
1028 Alvarado Dr1 Beds, 1 Baths1BR,1BA$1.04
Nova ViewA11BR,1BA$1.30
444 Florida Playa del Sol1 Bed / 1 Bath Remodel1BR,1BA$1.47
White Oak ApartmentsCasa Del Rey Oeste1BR,1BA$1.48

Quick Rent Budget Calculator

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Frequently Asked Questions about Siesta Hills

What type of rentals are currently available in Siesta Hills?

There are currently 549 Apartments for Rent in Siesta Hills, NM with pricing that ranges from $642 to $2,299. There are also 22 Single Family Homes for rent, Condos, and Townhome rentals currently available in Siesta Hills ranging from $715 to $16,500.

What is the current price range for Rental Homes in Siesta Hills?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Siesta Hills ranges from $715 to $16,500 with an average monthly rent of $4,234.

How much are larger Three and Four Bedroom Rentals in Siesta Hills?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Siesta Hills range from $1,300 to $1,485, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,550 to $5,500. Four Bedroom Single-Family rentals are also available starting from $2,050 and Four Bedroom Apartments start at $1,114.

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 A Local Experts Guide To The Best Budget-Friendly Neighborhoods to Rent in Albuquerque article

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.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.