Cheap Apartments for Rent in the Alamedan Valley Neighborhood of Albuquerque, NM from $900 (12 Rentals)

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

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Odyssey Apartments
$1,070 - $1,985
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$1,070 - $1,985

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Studio to 3 Bedroom Apartments Available Now

Odyssey Apartments

10600 Cibola Loop NWAlbuquerque, NM 87114
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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Kromer House
1 Bedroom Apartments

Kromer House

1024 El Pueblo Rd NWAlbuquerque, NM 87114
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Paseo Del Sol
1 to 3 Bedroom Apartments

Paseo Del Sol

291 El Pueblo Rd NWAlbuquerque, NM 87114
  • Utilities Included

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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.

Alamedan Valley, Albuquerque, NM Local Guide

Cheapest Available Alamedan Valley Apartments for Rent

 

The cheapest available apartment rental in the Alamedan Valley area of Albuquerque, NM is a 1 Bed unit found at El Paseo Apartments priced from $956. La Cantera Senior Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,141. Here are the most affordable Alamedan Valley apartments for rent in Albuquerque, NM:

Apartment ListingModel NameBed/BathPriced From
El Paseo ApartmentsOne-Bedroom1BR,1BA$956
La Cantera Senior Apartments2x12BR,1BA$1,141
Desert WillowSonoma2BR,2BA$1,153
Odyssey Apartmentsb20a2BR,2BA$1,197
The AspensBirch - Phase II1BR,1BA$1,275

Best Value Apartments for Rent in Alamedan Valley, NM

As of April 25, 2026 the best value apartment in the Alamedan Valley area is the $1.59 price per square foot 3BR/2.5BA Model at Horizon Village in the in the Baloon Fiesta Park neighborhood starting from $2,750. The second greatest value Alamedan Valley apartment is the Alisal Model at Eagle Ranch Apartments starting at $1,549 with a $1.61 price per square foot in the Northwest Quadrant neighborhood. Here is today’s list of the best values for Alamedan Valley apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Horizon Village3BR/2.5BA3BR,2.5BA$1.59
Eagle Ranch ApartmentsAlisal2BR,2BA$1.61
La Cantera Senior Apartments2x12BR,1BA$1.21
SkyStone ApartmentsVashon1BR,1BA$1.98
Desert WillowSonoma2BR,2BA$1.37
Cottonwood RanchMaple (Updated)1BR,1BA$1.69
PrismaScarlet Renovated1BR,1BA$1.89
Odyssey Apartmentsa10c1BR,1BA$2.00
River Walk at Puerta de CorralesTanglewood1BR,1BA$2.12
El Paseo ApartmentsOne-Bedroom1BR,1BA$1.71

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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 Article
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Don'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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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

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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.

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Pet Friendly Lifestyle
Alamedan Valley, Albuquerque, NM

Ranked #159

Among cities in New Mexico for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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Frequently Asked Questions about Cheap Alamedan Valley Apartments

What is the Cheapest Studio apartment in Alamedan Valley?

Currently the most affordable Cheap Studio Apartment in Alamedan Valley is at Allaso Journal Center listed at $1,552.

How much is rent for a Cheap One Bedroom Alamedan Valley Apartment?

The lowest price for a Cheap One Bedroom Alamedan Valley Apartment is $956 at El Paseo Apartments.

What is the lowest price for a Cheap Two Bedroom Alamedan Valley Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Alamedan Valley is starting from $1,141 at El Paseo Apartments.

What is the most affordable Alamedan Valley Three Bedroom Apartment?

The best deal on a cheap Alamedan Valley Three Bedroom Apartment rental is at The Aubry and starts from $1,741.

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

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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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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.