Cheap Apartments for Rent in the Altura Addition Neighborhood of Albuquerque, NM from $500 (25 Rentals)

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

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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 Desert Creek Apartments priced from $578. The Villas @ Uptown has the second lowest priced unit, which is a Studio apartment currently listed from $700. Here are the most affordable Altura Addition apartments for rent in Albuquerque, NM:

Apartment ListingModel NameBed/BathPriced From
Desert Creek ApartmentsSRO-Sleeping room onlyStudio,1BA$578
The Villas @ UptownStudio UpgradeStudio,1BA$700
Comanche WellsS1Studio,1BA$768
Nova PointS1 - StudioStudio,1BA$775
Union 505StudioStudio,1BA$810

Best Value Apartments for Rent in Altura Addition, NM

As of June 27, 2025 the best value apartment in the Altura Addition area is the $1.41 price per square foot Four Bedroom Two Bath Model at Villa Esperanza in the in the Northwest Quadrant neighborhood starting from $1,586. The second greatest value Altura Addition apartment is the 2br apartment corner unit Model at Four Seasons starting at $1,100 with a $1.10 price per square foot in the Southeast 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.
Villa EsperanzaFour Bedroom Two Bath4BR,1BA$1.41
Four Seasons2br apartment corner unit2BR,1BA$1.10
Sun Pointe Park Apartments3 Bedroom 2 Bath3BR,2BA$1.28
Mont 44 Apartments2 bedroom 2 bath Renovated MKT2BR,1BA$1.45
Arroyo VistaTwo Bedroom, Two Bath (A)2BR,2BA$1.48
Villas Del Cielo1 Bedroom1BR,1BA$1.45
Cresta North Valley1 bed/1 bath1BR,1BA$1.60
MiloMadrid Platinum1BR,1BA$1.45
Candlelight SquareDesert Willow1BR,1BA$1.61
North Park ApartmentsBirch1BR,1BA$1.54

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Pet Friendly Lifestyle
Altura Addition, Albuquerque, NM

Ranked #22

Among neighborhoods in Albuquerque, NM 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 $865.

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

The cheapest apartment in Altura Addition is Cedars - Free Cable & Internet* which is listed at $850, while the average apartment in Altura Addition costs $1,591.

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 36 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 $567 which is $1,024 cheaper than the average rent for all rentals in Altura Addition.

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.

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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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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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.