Cheap Apartments for Rent in the Altura Addition Neighborhood of Albuquerque, NM from $500 (26 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

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Showing Results 1-26, Page 1 of 1

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 $520. Encanto Lofts Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $779. 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$520
Encanto Lofts ApartmentsJuniper - Studio + DenStudio,1BA$779
Union 505StudioStudio,1BA$785
Nova Point Gated Community0BR/1.0BAStudio,1BA$800
La Vida NuevaStudiosStudio,1BA$800
Via ApartmentsStudio TCStudio,1BA$801
Rock CreekStudioStudio,1BA$855
Candlelight SquareSilver Sage1BR,1BA$899
Casa de Sierra Senior ApartmentsOne Bedroom1BR,1BA$899
Sunchase ApartmentsJr 1x11BR,1BA$905

Best Value Apartments for Rent in Altura Addition, NM

As of January 25, 2026 the best value apartment in the Altura Addition area is the $1.10 price per square foot 2br apartment corner unit Model at Four Seasons in the in the Southeast Quadrant neighborhood starting from $1,100. The second greatest value Altura Addition apartment is the Jemez Platinum Model at Milo starting at $1,245 with a $1.31 price per square foot in the Northeast 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.
Four Seasons2br apartment corner unit2BR,1BA$1.10
MiloJemez Platinum2BR,1BA$1.31
1/2 OFF FIRST MONTHS RENT1BR/1.0BA1BR,1BA$1.25
Uptown Square1x1_8241BR,1BA$1.52
Villas Del Cielo1 Bedroom1BR,1BA$1.32
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
Peaks at Sandia View1x1R-6401BR,1BA$1.56

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 $865, while the average apartment in Altura Addition costs $2,400.

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 63 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 $356 which is $2,044 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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Written by: Lauren Harrington

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

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Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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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.