
Cheap Apartments for Rent in the Alvarado Gardens Neighborhood of Albuquerque, NM from $400 (24 Rentals)
Search the lowest-cost Apartments available for rent right now in the Alvarado Gardens area of Albuquerque.


820 Apache Ave NW

Mesa Ridge Apartments

Total Monthly Price
Stride West

Total Monthly Price
Aydan

The Artisan @ Sawmill Village

Taylor Ranch Luxury Apartments

Total Monthly Price
Valley Apartments
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.

Del Rio Apartments

Total Monthly Price
1204 Sawmill Rd NW

Q @ Bosque Trail

Villas @ Rio

1209 Cordova Ave NW

6041 Sequoia Rd NW

Tucson Apartments

Candelaria Gardens
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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.

Villa Nueva Senior Apartments

Sawmill Lofts

5315 Yucca Cir NE

Marbella-Income Restricted Waitlist

Volcanes Commons

Phoenix Apartments

3717 Alamogordo Dr NW

704 La Poblana Rd NW
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.
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 | $1,671 | $1,050 | $3,995 |
| Alvarado Gardens 3 Bedroom Apartments | $2,049 | $1,341 | $3,925 |
Browse Apartments in this Neighborhood
There are currently 24 rentals with your search options within a 2 mile radius of the Alvarado Gardens Neighborhood of Albuquerque, NM.
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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 2 Beds unit found at Villa Hermosa priced from $1,050. Phoenix Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,084. Here are the most affordable Alvarado Gardens apartments for rent in Albuquerque, NM:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Villa Hermosa | The Pueblo | 2BR,1BA | $1,050 |
| Phoenix Apartments | 1 bedroom 1 bath | 1BR,1BA | $1,084 |
| Aydan | Pinon Renovated | 1BR,1BA | $1,175 |
| The Artisan @ Sawmill Village | Retail Space | Studio, | $1,190 |
| Mesa Ridge Apartments | The Manzano | 2BR,2BA | $1,199 |
Best Value Apartments for Rent in Alvarado Gardens, NM
As of April 08, 2026 the best value apartment in the Alvarado Gardens area is the $1.98 price per square foot 2BR/2.0BA Model at Villas @ Rio in the in the Northwest Quadrant neighborhood starting from $2,138. The second greatest value Alvarado Gardens apartment is the Magnolia Model at Del Rio Apartments starting at $1,548 with a $1.55 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. |
|---|---|---|---|
| Villas @ Rio | 2BR/2.0BA | 2BR,2BA | $1.98 |
| Del Rio Apartments | Magnolia | 2BR,2BA | $1.55 |
| Mesa Ridge Apartments | The Sandia | 2BR,2BA | $1.36 |
| Andalucia Villas | Antequera | 1BR,1BA | $2.02 |
| Phoenix Apartments | 3 bedroom 2 bath | 3BR,2BA | $2.07 |
| Villa Hermosa | The Pueblo | 2BR,1BA | $1.19 |
| Stride West | a10ar - Renovated | 1BR,1BA | $1.60 |
| Las Mananitas Apartments | Avalon | 1BR,1BA | $1.80 |
| Aydan | Pinon Renovated | 1BR,1BA | $1.87 |
| Valley Apartments | Azure Platinum | 1BR,1BA | $2.02 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
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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
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Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
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Pet Friendly LifestyleAlvarado Gardens, Albuquerque, NM
Ranked #175
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
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 Phoenix Apartments which is listed at $1,084, 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 27 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 $425 which is $1,730 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.

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.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.