
Cheap 2 Bedroom Apartments for Rent in the Alvarado Park Neighborhood of Albuquerque, NM from $850 (36 Rentals)


141 Manzano St NE

Total Monthly Price
1038 Texas St NE, Unit Unit A, Unit Unit A

Casa Placida

532 Ortiz Dr SE

209 Texas St NE

127 Tennessee St SE

308 General Marshall St NE

216 General Marshall St NE
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.

117-113 General Arnold St NE

Nova Ridge

Gracey's Nation - Palomas Community

520 Tennessee St NE

Cedars - Free Cable & Internet*

Total Monthly Price
Comanche Wells

Sedona Ridge

Encanto Lofts Apartments

Casa de Sierra Senior Apartments
Renting with Roommates: Realistic Expectations for Shared Lease
Sharing a lease? Learn how to set clear expectations with your roommates on routines, bills, and cleaning to ensure a successful and peaceful shared living arrangement.

217 Pennsylvania St NE

Donna Ann Apartments

Virginia Rose Apartments

Manzano

3617 Wellesley Dr SE

233 Tennessee St NE

312 Grove St NE

308 Virginia St NE

Uptown Gardens
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.

Columbia Apartments

105 General Arnold St NE

Alvarado Square

Theta Apartments

Zodiac Apartments

500-504 Ortiz Dr SE

420 Rhode Island St SE

Aspen Plaza

3217 Wellesley Ct NE
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.
Alvarado Park, Albuquerque, NM Local Guide

How much does it cost to rent an apartment in Alvarado Park?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Alvarado Park Studio Apartments | $1,059 | $699 | $2,398 |
| Alvarado Park 1 Bedroom Apartments | $1,182 | $825 | $2,497 |
Alvarado Park 2 Bedroom Apartments | $1,609 | $850 | $5,442 |
| Alvarado Park 3 Bedroom Apartments | $1,683 | $1,200 | $2,300 |
| Alvarado Park 4 Bedroom Apartments | $2,400 | $2,400 | $2,400 |
Explore Albuquerque
Alvarado Park, Albuquerque, NM Local Guide
- Nearby Albuquerque neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
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 Park, Albuquerque, NM
Ranked #117
Among cities in New Mexico for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Alvarado Park, Albuquerque, NM
School data provided by Great Schools
Frequently Asked Questions about Cheap Alvarado Park Apartments
What is a cheap apartment in Alvarado Park?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Alvarado Park is under $899.
What is the price of a cheap apartment in Alvarado Park?
The cheapest apartment in Alvarado Park is Nova Ridge which is listed at $999, while the average apartment in Alvarado Park costs $2,400.
What types of apartments are the cheapest in Alvarado Park?
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 18 regular apartments in Alvarado Park 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 Park?
Cheap apartments in Alvarado Park have an average cost of $173 which is $2,227 cheaper than the average rent for all rentals in Alvarado Park.
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.
Helpful Local Expert Guides

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.

The Students Guide to Albuquerque: Top Neighborhoods That Put CNM and UNM Life Within Reach
Written by: Esther Lombardi
There’s more to Albuquerque than just the breathtaking landscapes and tasty green chilies. As both a student and a parent, I see Albuquerque as a learning hub that nurtures curiosity and encourages growth and enrichment.

Albuquerque Uncovered: Your Local Experts Guide to the High Desert City
Written by: Esther Lombardi
Hello from Albuquerque, New Mexico! I’m Esther, your ApartmentHomeLiving.com Local Expert for Albuquerque, and I’m here to give you the inside scoop on this unique city.

Your Guide to the Best Neighborhoods to Rent Near Albuquerques Top Employers
Written by: Esther Lombardi
I still recollect my first morning commute in Albuquerque.
Articles, How-To's, and Tips

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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.