Cheap Apartments for Rent in the Altura Neighborhood of Albuquerque, NM from $500 (40 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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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.

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Somerset Lofts
1 Bedroom Apartments

Somerset Lofts

700 Truman St NEAlbuquerque, NM 87110
  • Utilities Included
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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

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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Showing Results 1-40, 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 Studio unit found at Desert Creek Apartments priced from $588. 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
Desert Creek ApartmentsSRO-Sleeping room onlyStudio,1BA$588
FREE UTILITIES!! GREAT VIBES!!Sailor Interior UnitsStudio,1BA$699
Encanto Lofts ApartmentsYucca - StudioStudio,1BA$715
White Oak Apartments1x11BR,1BA$716
Union 505StudioStudio,1BA$744
Madeira CourtStudioStudio,1BA$749
La Vida NuevaStudiosStudio,1BA$800
Nova Point Gated Community0BR/1.0BAStudio,1BA$800
Via ApartmentsStudio TCStudio,1BA$801
Spacious 2 Bedroom Apartment with Private Patio1 bedroom 1 bathroom1BR,1BA$829

Best Value Apartments for Rent in Altura, NM

As of December 30, 2025 the best value apartment in the Altura area is the $1.39 price per square foot Renovated 2-Bedroom B Model at Glo Apartments in the in the Netherwood Park neighborhood starting from $1,508. 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.
Glo ApartmentsRenovated 2-Bedroom B2BR,2BA$1.39
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
Spacious 2 Bedroom Apartment with Private Patio1 bedroom 1 bathroom1BR,1BA$1.28
The Lanai Apartments1BD/1B1BR,1BA$1.38

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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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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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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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 $829.

What is the price of a cheap apartment in Altura?

The cheapest apartment in Altura is White Oak Apartments which is listed at $716, while the average apartment in Altura costs $2,400.

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 76 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 $421 which is $1,979 cheaper than the average rent for all rentals in Altura.

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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How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

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.

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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.