Cheap Homes for Rent in Alvarado Gardens Neighborhood of Albuquerque, NM from $1,400 (9 Rentals)

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

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 1 Bed unit found at Volcanes Commons priced from $902. Valley Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $919. Here are the most affordable Alvarado Gardens apartments for rent in Albuquerque, NM:

Apartment ListingModel NameBed/BathPriced From
Volcanes CommonsOne Bedroom, One Bath1BR,1BA$902
Valley ApartmentsAzure Platinum1BR,1BA$919
Villa HermosaThe Aztec1BR,1BA$969

Best Value Apartments for Rent in Alvarado Gardens, NM

As of November 10, 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 Grand Platinum Model at Valley Apartments starting at $1,497 with a $1.58 price per square foot in the Rancho Encantado 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.
Villas @ Rio2BR/2.0BA2BR,2BA$1.92
Valley ApartmentsGrand Platinum3BR,2BA$1.58
Phoenix Apartments: Rises Above the Rest!3 bedroom 2 bath3BR,2BA$2.07
Stride Westa10ar - Renovated1BR,1BA$1.62
Taylor Ranch1B: Maple (TR)1BR,1BA$1.58
Villa HermosaThe Aztec1BR,1BA$1.39
Las Mananitas ApartmentsAshton1BR,1BA$2.21
Mesa Ridge ApartmentsThe Sage1BR,1BA$1.63
AydanPinon Renovated1BR,1BA$1.62
Volcanes CommonsOne Bedroom, One Bath1BR,1BA$1.53

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Pet Friendly Lifestyle
Alvarado Gardens, Albuquerque, NM

Ranked #191

Among cities in New Mexico for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Frequently Asked Questions about Alvarado Gardens

What type of rentals are currently available in Alvarado Gardens?

There are currently 56 Apartments for Rent in Alvarado Gardens, NM with pricing that ranges from $875 to $5,289. There are also 22 Single Family Homes for rent, Condos, and Townhome rentals currently available in Alvarado Gardens ranging from $1,440 to $5,000.

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 $1,440 to $5,000 with an average monthly rent of $2,246.

How much are larger Three and Four Bedroom Rentals in Alvarado Gardens?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Alvarado Gardens range from $1,232 to $5,289, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,650 to $2,900. Four Bedroom Single-Family rentals are also available starting from $2,500 and Four Bedroom Apartments start at $2,195.

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.

decorative image for A Local Experts Guide To The Best Budget-Friendly Neighborhoods to Rent in Albuquerque article

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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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.