Cheap Apartments for Rent in the Alvarado Gardens Neighborhood of Albuquerque, NM from $400 (12 Rentals)

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

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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Tucson Apartments
2 Bedroom Apartments

Tucson Apartments

5401-5405 Tucson Rd NWAlbuquerque, NM 87120
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Candelaria Gardens
2 Bedroom Apartments

Candelaria Gardens

820 Candelaria Rd NWAlbuquerque, NM 87107
  • Utilities Included
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Sawmill Lofts
1 to 3 Bedroom Apartments

Sawmill Lofts

1801 Bellamah Ave NWAlbuquerque, NM 87104
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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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5315 Yucca Cir NE
2 Bedroom Apartments

5315 Yucca Cir NE

5315 Yucca Cir NEAlbuquerque, NM 87120

Alvarado Gardens, Albuquerque, NM Local Guide

Cheapest Available Alvarado Gardens Apartments for Rent

 

The cheapest available apartment rental in the Alvarado Gardens area of Albuquerque, NM is a Studio unit found at Union 505 priced from $849. Volcanes Commons has the second lowest priced unit, which is a 1 Bed apartment currently listed from $902. Here are the most affordable Alvarado Gardens apartments for rent in Albuquerque, NM:

Apartment ListingModel NameBed/BathPriced From
Union 505StudioStudio,1BA$849
Volcanes CommonsOne Bedroom, One Bath1BR,1BA$902
Villa HermosaThe Aztec1BR,1BA$969
Valley ApartmentsAzure Platinum1BR,1BA$1,055
Stride Westa10a1BR,1BA$1,112

Best Value Apartments for Rent in Alvarado Gardens, NM

As of June 02, 2025 the best value apartment in the Alvarado Gardens area is the $1.39 price per square foot 2 bed/2 bath Model at Cresta North Valley in the in the Northwest Quadrant neighborhood starting from $1,385. The second greatest value Alvarado Gardens apartment is the P 2/2 Model at Poblana Place starting at $1,795 with a $1.83 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Cresta North Valley2 bed/2 bath2BR,2BA$1.39
Poblana PlaceP 2/22BR,2BA$1.83
Las Mananitas ApartmentsBelmar1BR,1BA$1.77
Stride Westa10ar - Renovated1BR,1BA$1.62
1720 Atrisco - Units Available for Pre-lease2 bedroom 1 bath2BR,1BA$1.58
Villa HermosaThe Aztec1BR,1BA$1.39
The Artisan @ Sawmill Village1x1 Market 647 sq.ft.1BR,1BA$2.09
AydanPinon Renovated1BR,1BA$1.80
Valley ApartmentsAzure Platinum1BR,1BA$1.74
Volcanes CommonsOne Bedroom, One Bath1BR,1BA$1.53

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Pet Friendly Lifestyle
Alvarado Gardens, Albuquerque, NM

Ranked #88

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

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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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!

Getting Around the Alvarado Gardens Neighborhood in Albuquerque, NM

Walk Score®

13 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

70 / 100

Very Bikeable

Biking is convenient for most trips

Transit Score®

14 / 100

Minimal Transit

It may be possible to get on a bus

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 Volcanes Commons which is listed at $902, while the average apartment in Alvarado Gardens costs $1,700.

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 20 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 $293 which is $1,407 cheaper than the average rent for all rentals in Alvarado Gardens.

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.

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A Local Experts Guide To The Best Budget-Friendly Neighborhoods to Rent in Albuquerque

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

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