Cheap Apartments for Rent in the Altura Neighborhood of Albuquerque, NM from $500 (39 Rentals)

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

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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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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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.

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Milo
Rent Specials
$1,001 - $1,3751 to 2 Bedroom Apartments Available Now

Milo

4217 Louisiana Blvd NEAlbuquerque, NM 87109
Pet Friendly
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Somerset Lofts
1 Bedroom Apartments

Somerset Lofts

700 Truman St NEAlbuquerque, NM 87110
  • Utilities Included

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Los Arcos
1 Bedroom Apartments

Los Arcos

1813 Girard Blvd NEAlbuquerque, NM 87106
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Del Lago Apartments
1 Bedroom Apartments

Del Lago Apartments

1505 Girard Blvd NEAlbuquerque, NM 87106
Student Housing
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Aspen Plaza
1 to 2 Bedroom Apartments

Aspen Plaza

3700 Aspen Ave NEAlbuquerque, NM 87110
Showing Results 1-39, Page 1 of 1

Altura, Albuquerque, NM Local Guide

Cheapest Available Altura Apartments for Rent

 

The cheapest available apartment rental in the Altura area of Albuquerque, NM is a 1 Bed unit found at 509 Girard Terrace Apartments priced from $559. FREE UTILITIES!! GREAT VIBES!! has the second lowest priced unit, which is a Studio apartment currently listed from $699. Here are the most affordable Altura apartments for rent in Albuquerque, NM:

Apartment ListingModel NameBed/BathPriced From
509 Girard Terrace Apartments509 Girard Blvd SE K1BR,1BA$559
FREE UTILITIES!! GREAT VIBES!!Sailor Interior UnitsStudio,1BA$699
White Oak Apartments1x11BR,1BA$716
Madeira CourtStudioStudio,1BA$749
Encanto Lofts ApartmentsYucca - StudioStudio,1BA$755
Nova Point Gated Community0BR/1.0BAStudio,1BA$800
Union 505StudioStudio,1BA$810
Rock CreekStudioStudio,1BA$855
Canyon Crest1 Bedroom 1 Bathroom1BR,1BA$899
Casa de Sierra Senior ApartmentsOne Bedroom1BR,1BA$899

Best Value Apartments for Rent in Altura, NM

As of November 14, 2025 the best value apartment in the Altura area is the $1.20 price per square foot The Arabian Model at Desert Creek Apartments in the in the Northwest Quadrant neighborhood starting from $1,523. The second greatest value Altura 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 apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Desert Creek ApartmentsThe Arabian3BR,2BA$1.20
Four Seasons2br apartment corner unit2BR,1BA$1.10
Villas Del Cielo1 Bedroom1BR,1BA$1.41
Canyon Crest1 Bedroom 1 Bathroom1BR,1BA$1.18
MiloMadrid Platinum1BR,1BA$1.35
Arroyo VistaOne Bedroom1BR,1BA$1.34
White Oak Apartments1x11BR,1BA$1.03
Casa de Sierra Senior ApartmentsOne Bedroom1BR,1BA$1.30
509 Girard Terrace Apartments509 Girard Blvd SE K1BR,1BA$0.86
FREE UTILITIES!! GREAT VIBES!!Sailor Interior UnitsStudio ,1BA$1.41

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.

Read Article
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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

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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, Albuquerque, NM

Ranked #39

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Frequently Asked Questions about Cheap Altura Apartments

What is a cheap apartment in Altura?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Altura is under $899.

What is the price of a cheap apartment in Altura?

The cheapest apartment in Altura is 509 Girard Terrace Apartments which is listed at $559, while the average apartment in Altura costs $1,500.

What types of apartments are the cheapest in Altura?

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 43 regular apartments in Altura 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?

Cheap apartments in Altura have an average cost of $310 which is $1,190 cheaper than the average rent for all rentals in Altura.

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.