
Cheap 1 Bedroom Apartments for Rent in the Alvarado Gardens Neighborhood of Albuquerque, NM from $969 (15 Rentals)


820 Apache Ave NW

Mesa Ridge Apartments

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Stride West

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Aydan
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Valley Apartments

Taylor Ranch Luxury Apartments

Del Rio Apartments

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1204 Sawmill Rd NW

Villas @ Rio
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.

The Artisan @ Sawmill Village

Villa Nueva Senior Apartments

Sawmill Lofts

Volcanes Commons

Phoenix Apartments
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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.
Alvarado Gardens, Albuquerque, NM Local Guide

How much does it cost to rent an apartment in Alvarado Gardens?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Alvarado Gardens Studio Apartments | $1,237 | $1,190 | $1,309 |
Alvarado Gardens 1 Bedroom Apartments | $1,422 | $969 | $2,195 |
| Alvarado Gardens 2 Bedroom Apartments | $1,670 | $1,050 | $3,995 |
| Alvarado Gardens 3 Bedroom Apartments | $2,048 | $1,341 | $3,925 |
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Alvarado Gardens, Albuquerque, NM Local Guide
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10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleThe 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 ArticleDon'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.
Read ArticleThe 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.
Read ArticleCash 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.
Read ArticleQuick 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.
Pet Friendly LifestyleAlvarado Gardens, Albuquerque, NM
Ranked #173
Among cities in New Mexico for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Best Local Schools in Alvarado Gardens, Albuquerque, NM
School data provided by Great Schools
Frequently Asked Questions about Cheap Alvarado Gardens Apartments
What is the price of a cheap apartment in Alvarado Gardens?
The cheapest apartment in Alvarado Gardens is Phoenix Apartments which is listed at $950, while the average apartment in Alvarado Gardens costs $2,155.
What types of apartments are the cheapest in Alvarado Gardens?
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 28 regular apartments in Alvarado Gardens 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 Alvarado Gardens?
Cheap apartments in Alvarado Gardens have an average cost of $429 which is $1,726 cheaper than the average rent for all rentals in Alvarado Gardens.
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

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.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.