
Cheap Homes for Rent in Alvarado Gardens Neighborhood of Albuquerque, NM from $800 (7 Rentals)
Search the lowest-cost Homes available for rent right now in the Alvarado Gardens area of Albuquerque.


2440 Rose Ave NW

3717 Alamogordo Dr NW
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.

6041 Sequoia Rd NW

2840 Quail Pointe Dr NW

5109 Redlands 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.

1312 Cordova Ave NW
Alvarado Gardens, Albuquerque, NM Local Guide

How much does it cost to rent a home in Alvarado Gardens?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Alvarado Gardens 2 Bedroom Homes for Rent | $2,356 | $1,425 | $5,200 |
| Alvarado Gardens 3 Bedroom Homes for Rent | $2,216 | $880 | $3,800 |
| Alvarado Gardens 4 Bedroom Homes for Rent | $2,000 | $2,000 | $2,000 |
Browse Homes for Rent in this Neighborhood
There are currently 7 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 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 |
Best Value Apartments for Rent in Alvarado Gardens, NM
As of June 04, 2026 the best value apartment in the Alvarado Gardens area is the $1.64 price per square foot Baeze 2U Model at Andalucia Villas in the in the Northwest Quadrant neighborhood starting from $2,098. The second greatest value Alvarado Gardens apartment is the 2BR/2.0BA Model at Villas @ Rio starting at $1,900 with a $1.76 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. |
|---|---|---|---|
| Andalucia Villas | Baeze 2U | 2BR,2BA | $1.64 |
| Villas @ Rio | 2BR/2.0BA | 2BR,2BA | $1.76 |
| Stride West | a10ar - Renovated | 1BR,1BA | $1.88 |
| Del Rio Apartments | Aspen | 1BR,1BA | $1.72 |
| Phoenix Apartments: Rises Above the Rest! | 2 bedroom 1 bath | 2BR,1BA | $1.90 |
| 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 Artisan @ Sawmill Village | 1x1 Market 420 sq.ft. | 1BR,1BA | $2.98 |
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 #167
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
Frequently Asked Questions about Alvarado Gardens
What type of rentals are currently available in Alvarado Gardens?
There are currently 58 Apartments for Rent in Alvarado Gardens, NM with pricing that ranges from $971 to $3,930. There are also 23 Single Family Homes for rent, Condos, and Townhome rentals currently available in Alvarado Gardens ranging from $880 to $5,200.
What is the current price range for Rental Homes in Alvarado Gardens?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Alvarado Gardens ranges from $880 to $5,200 with an average monthly rent of $2,190.
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.
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