Cheap Apartments for Rent in the Altura Addition Neighborhood of Albuquerque, NM from $500 (31 Rentals)

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

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.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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.

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Cash 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.

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Aspen Plaza
1 to 2 Bedroom Apartments

Aspen Plaza

3700 Aspen Ave NEAlbuquerque, NM 87110
Showing Results 1-31, Page 1 of 1

Altura Addition, Albuquerque, NM Local Guide

Cheapest Available Altura Addition Apartments for Rent

 

The cheapest available apartment rental in the Altura Addition area of Albuquerque, NM is a Studio unit found at Encanto Lofts Apartments priced from $725. Rock Creek has the second lowest priced unit, which is a Studio apartment currently listed from $799. Here are the most affordable Altura Addition apartments for rent in Albuquerque, NM:

Apartment ListingModel NameBed/BathPriced From
Encanto Lofts ApartmentsYucca - StudioStudio,1BA$725
Rock CreekStudioStudio,1BA$799
Nova Point Gated Community0BR/1.0BAStudio,1BA$800
La Vida NuevaStudiosStudio,1BA$800
Union 505StudioStudio,1BA$806
Canyon Crest0 Bedroom 1 BathroomStudio,1BA$850
Casa de Sierra Senior ApartmentsOne Bedroom1BR,1BA$899
Candlelight SquareSilver Sage1BR,1BA$899
Nova View1BR/1.0BA1BR,1BA$900
Sunchase ApartmentsJr 1x11BR,1BA$905

Best Value Apartments for Rent in Altura Addition, NM

As of December 10, 2025 the best value apartment in the Altura Addition area is the $1.02 price per square foot 3 bedroom 2 bathroom TC Model at Via Apartments in the in the North Valley neighborhood starting from $1,331. The second greatest value Altura Addition apartment is the The Arabian Model at Desert Creek Apartments starting at $1,618 with a $1.28 price per square foot in the Northwest Quadrant neighborhood. Here is today’s list of the best values for Altura Addition apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Via Apartments3 bedroom 2 bathroom TC3BR,2BA$1.02
Desert Creek ApartmentsThe Arabian3BR,2BA$1.28
Four Seasons2br apartment corner unit2BR,1BA$1.10
Villas Del Cielo1 Bedroom1BR,1BA$1.41
MiloMadrid Platinum1BR,1BA$1.34
Arroyo VistaOne Bedroom1BR,1BA$1.34
Sunset PointeSM1X11BR,1BA$1.45
Casa de Sierra Senior ApartmentsOne Bedroom1BR,1BA$1.30
North Park ApartmentsBirch1BR,1BA$1.54
Nova View1BR/1.0BA1BR,1BA$1.46

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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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.

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Pet Friendly Lifestyle
Altura Addition, Albuquerque, NM

Ranked #44

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Getting Around the Altura Addition Neighborhood in Albuquerque, NM

Walk Score®

75 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

83 / 100

Very Bikeable

Biking is convenient for most trips

Transit Score®

31 / 100

Some Transit

A few nearby public transportation options

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Altura Addition Apartments

What is a cheap apartment in Altura Addition?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Altura Addition is under $905.

What is the price of a cheap apartment in Altura Addition?

The cheapest apartment in Altura Addition is Encanto Lofts Apartments which is listed at $820, while the average apartment in Altura Addition costs $2,600.

What types of apartments are the cheapest in Altura Addition?

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 32 regular apartments in Altura Addition 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 Altura Addition?

Cheap apartments in Altura Addition have an average cost of $311 which is $2,289 cheaper than the average rent for all rentals in Altura Addition.

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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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.

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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!