
Cheap Apartments for Rent in the Alvarado Gardens Neighborhood of Albuquerque, NM from $400 (11 Rentals)
Search the lowest-cost Apartments available for rent right now in the Alvarado Gardens area of Albuquerque.


Villa Hermosa

Mesa Ridge Apartments

2425 Mountain Rd NW
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.

Marbella-Income Restricted Waitlist
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.

611 Woodland Ave 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 | $1,500 | $1,500 | $1,500 |
| Alvarado Gardens 1 Bedroom Apartments | $1,357 | $902 | $2,125 |
| Alvarado Gardens 2 Bedroom Apartments | $1,544 | $1,073 | $3,899 |
| Alvarado Gardens 3 Bedroom Apartments | $1,993 | $1,232 | $3,885 |
Browse Apartments in this Neighborhood
There are currently 11 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 1 Bed unit found at Volcanes Commons priced from $902. Mesa Ridge Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,054. Here are the most affordable Alvarado Gardens apartments for rent in Albuquerque, NM:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Volcanes Commons | One Bedroom, One Bath | 1BR,1BA | $902 |
| Mesa Ridge Apartments | The Iris | 1BR,1BA | $1,054 |
| Aydan | Pinon Renovated | 1BR,1BA | $1,119 |
| Stride West | a10a | 1BR,1BA | $1,145 |
| Del Rio Apartments | Aspen | 1BR,1BA | $1,149 |
Best Value Apartments for Rent in Alvarado Gardens, NM
As of December 30, 2025 the best value apartment in the Alvarado Gardens area is the $1.92 price per square foot 2BR/2.0BA Model at Villas @ Rio in the in the Northwest Quadrant neighborhood starting from $2,075. The second greatest value Alvarado Gardens apartment is the The Pueblo Casita Model at Villa Hermosa starting at $1,163 with a $1.32 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 | $1.92 |
| Villa Hermosa | The Pueblo Casita | 2BR,1BA | $1.32 |
| Stride West | a10ar - Renovated | 1BR,1BA | $1.66 |
| Las Mananitas Apartments | Lennox | 1BR,1BA | $1.76 |
| Phoenix Apartments: Rises Above the Rest! | 2 bedroom 1 bath | 2BR,1BA | $1.72 |
| Taylor Ranch | Maple | 1BR,1BA | $1.71 |
| Del Rio Apartments | Aspen | 1BR,1BA | $1.60 |
| Aydan | Pinon Renovated | 1BR,1BA | $1.78 |
| Volcanes Commons | One Bedroom, One Bath | 1BR,1BA | $1.53 |
| Mesa Ridge Apartments | The Iris | 1BR,1BA | $1.83 |
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.
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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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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 #191
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 Volcanes Commons which is listed at $902, while the average apartment in Alvarado Gardens costs $2,120.
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 36 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 $577 which is $1,543 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.

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.

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.

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.




