Cheap Apartments for Rent in the Altura Village Neighborhood of Albuquerque, NM from $400 (63 Rentals)

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

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.

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

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Check Out Albuquerque’s Best Affordable Neighborhoods

Learn about Albuquerque and the best places to live with original content written by our Local Expert Esther Lombardi

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Princeton Hall Apartments
Studio to 1 Bedroom Apartments

Princeton Hall Apartments

318-320 Princeton Dr SEAlbuquerque, NM 87106
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Columbian Apartments
1 Bedroom Apartments

Columbian Apartments

208 Columbia Dr SEAlbuquerque, NM 87106
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Casa Del Rey Sur
1 Bedroom Apartments

Casa Del Rey Sur

112 Cardenas Dr NEAlbuquerque, NM 87108
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1405 Gold Ave SE
1 Bedroom Apartments

1405 Gold Ave SE

1405 Gold Ave SEAlbuquerque, NM 87106
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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Kachina Apartments
1 Bedroom Apartments

Kachina Apartments

301 Harvard Dr SEAlbuquerque, NM 87106
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1516 Tijeras Ave NE
1 Bedroom Apartments

1516 Tijeras Ave NE

1516-1522 Tijeras Ave NEAlbuquerque, NM 87106
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Fair Plaza Apartments
1 Bedroom Apartments

Fair Plaza Apartments

5901 Alice Ave NEAlbuquerque, NM 87110
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Columbia Apartments
1 to 2 Bedroom Apartments

Columbia Apartments

205-209 Columbia Dr SEAlbuquerque, NM 87106
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Pine St Studios
2 Bedroom Apartments

Pine St Studios

414 Pine St SEAlbuquerque, NM 87106
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1801 Coal Pl SE
1 Bedroom Apartments

1801 Coal Pl SE

1801 Coal Pl SEAlbuquerque, NM 87106
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1611 Gold Ave SE
Studio Apartments

1611 Gold Ave SE

1611 Gold Ave SEAlbuquerque, NM 87106
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Manzano
2 Bedroom Apartments

Manzano

129-149 Manzano St NEAlbuquerque, NM 87108
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Somerset Lofts
1 Bedroom Apartments

Somerset Lofts

700 Truman St NEAlbuquerque, NM 87110
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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Hilltop House
Studio Apartments

Hilltop House

5700 Copper Ave NEAlbuquerque, NM 87108
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Nova Peak
Studio Apartments

Nova Peak

1200 Louisiana Blvd NEAlbuquerque, NM 87110

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 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 Village 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$706
Encanto Lofts ApartmentsAspen - One Bedroom One Bath1BR,1BA$774
Nova PointS1 - StudioStudio,1BA$775
White Oak ApartmentsCasa Del Rey Oeste1BR,1BA$781
Cedars - Free Cable & Internet*Yucca1BR,1BA$850
Rock CreekStudioStudio,1BA$855
Canyon Crest0 Bedroom 1 BathroomStudio,1BA$860
Don Quixote ApartmentsStudioStudio,1BA$865

Best Value Apartments for Rent in Altura Village, NM

As of June 30, 2025 the best value apartment in the Altura Village 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 Village 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 Village 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
Nova ViewB22BR,1BA$1.28
Nob Hill Apartments2BR/1.0BA2BR,1BA$1.49
Arroyo VistaTwo Bedroom, Two Bath (A)2BR,2BA$1.48
Villas Del Cielo1 Bedroom1BR,1BA$1.41
Via Apartments1 bedroom 1 bathroom TC1BR,1BA$1.34
Mont 44 Apartments1 bedroom, 1 bathroom Market1BR,1BA$1.41
White Oak ApartmentsCasa Del Rey Oeste1BR,1BA$1.48

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Altura Village, Albuquerque, NM

Ranked #113

Among neighborhoods in Albuquerque, NM for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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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 $865.

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 $774, while the average apartment in Altura Village costs $1,591.

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 35 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 $571 which is $1,020 cheaper than the average rent for all rentals in Altura Village.

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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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.