Cheap Apartments for Rent in the Altura Addition Neighborhood of Albuquerque, NM from $500 (17 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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Showing Results 1-17, 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 1 Bed unit found at 509 Girard Terrace Apartments priced from $559. Desert Creek Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $699. Here are the most affordable Altura Addition apartments for rent in Albuquerque, NM:

Apartment ListingModel NameBed/BathPriced From
509 Girard Terrace Apartments509 Girard Blvd SE K1BR,1BA$559
Desert Creek ApartmentsThe SonoranStudio,1BA$699
Nova RidgeS1Studio,1BA$725
Union 505StudioStudio,1BA$799
Encanto Lofts ApartmentsYucca - StudioStudio,1BA$799

Best Value Apartments for Rent in Altura Addition, NM

As of October 25, 2025 the best value apartment in the Altura Addition area is the $0.95 price per square foot 3 bedroom 2 bath TC UPSTRS Model at Mont 44 Apartments in the in the North Valley neighborhood starting from $1,331. 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.
Mont 44 Apartments3 bedroom 2 bath TC UPSTRS3BR,2BA$0.95
Four Seasons2br apartment corner unit2BR,1BA$1.10
Villas Del Cielo1 Bedroom1BR,1BA$1.41
Canyon Crest1 Bedroom 1 Bathroom1BR,1BA$1.36
MiloMadrid Platinum1BR,1BA$1.34
Arroyo VistaOne Bedroom1BR,1BA$1.34
Sunset PointeSM1X11BR,1BA$1.45
Woodberry Heights1x1C1BR,1BA$1.45
Casa de Sierra Senior ApartmentsOne Bedroom1BR,1BA$1.30
509 Girard Terrace Apartments509 Girard Blvd SE K1BR,1BA$0.86

Apartment Common Area Rules: What Renters Need to Know

From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

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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

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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 #43

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 $865.

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

The cheapest apartment in Altura Addition is 509 Girard Terrace Apartments which is listed at $559, while the average apartment in Altura Addition costs $1,463.

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 33 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 $339 which is $1,124 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.

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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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! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.