Cheap Apartments for Rent in the Altura Village Neighborhood of Albuquerque, NM from $400 (116 Rentals)

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

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Desert Creek Apartments
Rent Specials
$726 - $2,509
Total Monthly Price

Total Monthly Price

Base Rent
$726 - $2,509
Total Monthly Price
$726 - $2,509
Studio to 3 Bedroom Apartments Available Now

Desert Creek Apartments

4300 Pan American Fwy NEAlbuquerque, NM 87107
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Your Guide to the Best Neighborhoods to Rent Near Albuquerque’s Top Employers

Moving to Albuquerque? Find the best neighborhoods near Sandia Labs, Presbyterian Healthcare Services, and UNM. Cut your commute, boost your quality of life, and find your perfect apartment or rental home.

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Comanche Wells
Rent Specials
$811 - $2,992
Total Monthly Price

Total Monthly Price

Base Rent
$811 - $2,992
Total Monthly Price
$811 - $2,992
Studio to 2 Bedroom Apartments Available Now

Comanche Wells

3400 Comanche Rd NEAlbuquerque, NM 87107
Corporate Housing
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Tesota Morningside
Rent Specials
$972 - $1,385
Total Monthly Price

Total Monthly Price

Base Rent
$972 - $1,385
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1 to 2 Bedroom Apartments Available Now

Tesota Morningside

3958 Montgomery Blvd NEAlbuquerque, NM 87109
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Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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412 Columbia Dr SE
$999 - $1,075
Total Monthly Price

Total Monthly Price

Base Rent
$999 - $1,075
Total Monthly Price
$999 - $1,075
1 Bedroom Apartment Available Now

412 Columbia Dr SE

412 Columbia Dr SEAlbuquerque, NM 87106
Affordability
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Albuquerque Uncovered: Your Local Expert's Guide to the High Desert City

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Sun Plaza
$1,167 - $2,968
Total Monthly Price

Total Monthly Price

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$1,167 - $2,968
Total Monthly Price
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1 to 3 Bedroom Apartments Available Now

Sun Plaza

4400 Montgomery Blvd NEAlbuquerque, NM 87109
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property at 1521 Gold Ave SE

$1,200 - $1,250

1 Bedroom Rentals

Available Now

1521 Gold Ave SE

AlbuquerqueNM87106

The Student's Guide to Albuquerque: Top Neighborhoods That Put CNM and UNM Life Within Reach

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property at 720 Truman St NE

$1,300 - $1,900

Total Monthly Price

Total Monthly Price

Base Rent
$1,300 - $1,900
Total Monthly Price
$1,300 - $1,900

1 To 2 Bedroom Homes for Rent

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720 Truman St NE

AlbuquerqueNM87110
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Glo Apartments
$1,306 - $2,122
Total Monthly Price

Total Monthly Price

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$1,306 - $2,122
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Studio to 2 Bedroom Apartments Available Now

Glo Apartments

3901 Indian School Rd NEAlbuquerque, NM 87110
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Uptown Square
Rent Specials
$1,446 - $1,670
Total Monthly Price

Total Monthly Price

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$1,446 - $1,670
Total Monthly Price
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Studio to 2 Bedroom Apartments Available Now

Uptown Square

7000 Phoenix Ave NEAlbuquerque, NM 87110
Family Friendly
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property at 219 Girard Blvd SE

$1,500 - $2,400

Total Monthly Price

Total Monthly Price

Base Rent
$1,500 - $2,400
Total Monthly Price
$1,500 - $2,400

1 To 2 Bedroom Homes for Rent

Available Now

219 Girard Blvd SE

AlbuquerqueNM87106

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Altura Village, Albuquerque, NM Local Guide

Cheapest Available Altura Village Apartments for Rent

 

The cheapest available apartment rental in the Altura Village area of Albuquerque, NM is a Studio unit found at Nova Ridge priced from $725. Desert Creek Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $726. Here are the most affordable Altura Village apartments for rent in Albuquerque, NM:

Apartment ListingModel NameBed/BathPriced From
Nova RidgeS1Studio,1BA$725
Desert Creek ApartmentsSRO-Sleeping room onlyStudio,1BA$726
Rock CreekStudioStudio,1BA$750
Nova Point Gated Community0/1Studio,1BA$775
Encanto Lofts ApartmentsJuniper - Studio + DenStudio,1BA$799
The Villas at UptownStudio ClassicStudio,1BA$800
Comanche WellsS1Studio,1BA$811
2121 Gold Ave SE2121 Gold Street SE - Unit 131BR,1BA$850
Via Apartments1 bedroom 1 bathroom TC1BR,1BA$854
Nova Peak Gated Community1/11BR,1BA$875

Best Value Apartments for Rent in Altura Village, NM

As of August 20, 2026 the best value apartment in the Altura Village area is the $1.42 price per square foot 2x2_1108 Model at Uptown Square in the in the Northeast Quadrant neighborhood starting from $1,576. The second greatest value Altura Village apartment is the 2br apartment corner unit Model at Four Seasons starting at $1,150 with a $1.15 price per square foot in the Southeast Quadrant neighborhood. Here is today’s list of the best values for Altura Village apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Uptown Square2x2_11082BR,2BA$1.42
Four Seasons2br apartment corner unit2BR,1BA$1.15
Theta ApartmentsKaloDuo2BR,2BA$1.18
Sandia Shadows2bd/2ba2BR,2BA$1.26
Nob Hill2.1.52BR,1.5BA$1.51
Chelsea Village ApartmentsKaloDuo-Premium2BR,1BA$1.45
Marquee Village ApartmentsKaloDuo2BR,1BA$1.51
Cloverleaf Apartments1BR/1.0BA1BR,1BA$1.18
Villas Del Cielo1 Bedroom1BR,1BA$1.41
Sunset PointeSM1X11BR,1BA$1.45

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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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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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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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 Village, Albuquerque, NM

Ranked #56

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Altura Village, Albuquerque, NM

School data provided by Great Schools

Lifestyle Ratings

ApartmentHomeLiving brings you Lifestyle Ratings of neighborhoods, areas, and rental properties across New Mexico including Altura Village, Albuquerque, and the greater Albuquerque area. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including filtering automatically for the best proximity to parks and outdoor amenities, luxury housing options, transit availability, pet-friendly communities, places to raise kids, and more. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap Altura Village Apartments

What is a cheap apartment in Altura Village?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Altura Village is under $875.

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

The cheapest apartment in Altura Village is Encanto Lofts Apartments which is listed at $800, while the average apartment in Altura Village costs $1,130.

What types of apartments are the cheapest in Altura Village?

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 11 regular apartments in Altura Village 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 Village?

Cheap apartments in Altura Village have an average cost of $130 which is $1,000 cheaper than the average rent for all rentals in Altura Village.

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.

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