
Cheap Apartments for Rent in the Alvarado Gardens Neighborhood of Albuquerque, NM from $400 (31 Rentals)
Search the lowest-cost Apartments available for rent right now in the Alvarado Gardens area of Albuquerque.


820 Apache Ave NW

6001 Montaño Rd NW

Mesa Ridge Apartments

Total Monthly Price
Valley Apartments

Total Monthly Price
Aydan

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Stride West
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The Artisan @ Sawmill Village

Del Rio Apartments

Total Monthly Price
Taylor Ranch

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1204 Sawmill Rd NW

Q @ Bosque Trail

2530 Veranda 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.

Total Monthly Price
Overture Andalucia 55+ Active Adult Apartment Homes

Andalucia Villas

2830 Floral Rd NW

Tucson Apartments

Candelaria Gardens

Villa Nueva Senior Apartments

Sawmill Lofts
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5315 Yucca Cir NE

Marbella-Income Restricted Waitlist

Volcanes Commons

Phoenix Apartments: Rises Above the Rest!

3717 Alamogordo Dr NW

6041 Sequoia Rd NW

3031 Grogan St NW
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1700 Violetas Rd NW

5109 Redlands Rd NW

2840 Quail Pointe Dr NW
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 | $1,272 | $1,190 | $1,354 |
| Alvarado Gardens 1 Bedroom Apartments | $1,338 | $968 | $2,011 |
| Alvarado Gardens 2 Bedroom Apartments | $1,644 | $975 | $3,995 |
| Alvarado Gardens 3 Bedroom Apartments | $2,086 | $1,235 | $3,930 |
Browse Apartments in this Neighborhood
There are currently 31 rentals with your search options within a 2 mile radius of the Alvarado Gardens Neighborhood of Albuquerque, NM.
See all Apartments in AlbuquerqueExplore Albuquerque
Alvarado Gardens, Albuquerque, NM Local Guide
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Cheapest Available Alvarado Gardens Apartments for Rent
 The cheapest available apartment rental in the Alvarado Gardens area of Albuquerque, NM is a 1 Bed unit found at Villa Hermosa priced from $958. Valley Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,100. Here are the most affordable Alvarado Gardens apartments for rent in Albuquerque, NM:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Villa Hermosa | The Aztec | 1BR,1BA | $958 |
| Valley Apartments | Azure Platinum | 1BR,1BA | $1,100 |
| Aydan | Pinon Renovated | 1BR,1BA | $1,170 |
| The Artisan @ Sawmill Village | Retail Space | Studio, | $1,190 |
| Del Rio Apartments | Aspen | 1BR,1BA | $1,239 |
| Taylor Ranch | Birch (Premium) | 1BR,1BA | $1,259 |
| Mesa Ridge Apartments | The Manzano | 2BR,2BA | $1,274 |
| Phoenix Apartments: Rises Above the Rest! | 2 bedroom 1 bath | 2BR,1BA | $1,331 |
| Stride West | a10ar - Renovated | 1BR,1BA | $1,374 |
Best Value Apartments for Rent in Alvarado Gardens, NM
As of May 24, 2026 the best value apartment in the Alvarado Gardens area is the $2.53 price per square foot Cottage Model at Overture Andalucia 55+ Active Adult Apartment Homes in the in the Northwest Quadrant neighborhood starting from $3,995. The second greatest value Alvarado Gardens apartment is the Cordoba 1UVF Model at Andalucia Villas starting at $2,265 with a $1.49 price per square foot in the Northwest Quadrant neighborhood. Here is today’s list of the best values for Alvarado Gardens apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Overture Andalucia 55+ Active Adult Apartment Homes | Cottage | 2BR,2BA | $2.53 |
| Andalucia Villas | Cordoba 1UVF | 3BR,2BA | $1.49 |
| Phoenix Apartments: Rises Above the Rest! | 3 bedroom 2 bath | 3BR,2BA | $2.07 |
| Mesa Ridge Apartments | The Manzano | 2BR,2BA | $1.43 |
| Stride West | a10ar - Renovated | 1BR,1BA | $1.72 |
| Del Rio Apartments | Aspen | 1BR,1BA | $1.72 |
| Villa Hermosa | The Aztec | 1BR,1BA | $1.37 |
| Aydan | Pinon Renovated | 1BR,1BA | $1.86 |
| Taylor Ranch | Birch (Premium) | 1BR,1BA | $2.01 |
| Valley Apartments | Azure Platinum | 1BR,1BA | $1.82 |
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 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 ArticleReal 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.
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 #181
Among cities in New Mexico for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Best Local Schools in Alvarado Gardens, Albuquerque, NM
School data provided by Great Schools
Lifestyle Ratings
This website compares millions of points of data to bring you our detailed rental search system called 'Lifestyle ratings', composed of rentals in areas across the United States, including Albuquerque. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including rankings of the best places for the best outdoor access, luxury amenities, transit availability, pet-friendly communities, family-friendly amenities, and much more. Find Lifestyle Search in the filter options (above). Happy Searching!
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 Villa Hermosa which is listed at $958, while the average apartment in Alvarado Gardens costs $2,190.
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 29 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 $474 which is $1,716 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.
Helpful Local Expert Guides

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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Written by: Christine Leonard, Esq.
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