304 Texas St NE
AlbuquerqueNM87108
Cheap Apartments for Rent in the Alvarado Park Neighborhood of Albuquerque, NM from $400 (66 Rentals)
Search the lowest-cost Apartments available for rent right now in the Alvarado Park area of Albuquerque.
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$674 - $1,501Studio to 2 Bedroom Apartments Contact Us For Availability
Cinnamon Tree
7220 Central Ave SEAlbuquerque, NM 87108
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$700 - $925Studio to 1 Bedroom Apartments Available Now
The Villas @ Uptown
6230 Indian School Rd NEAlbuquerque, NM 87110
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$754 - $1,245Studio to 2 Bedroom Apartments Available Now
Encanto Lofts Apartments
4501 Shepard Rd NEAlbuquerque, NM 87110
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Rent Specials
$767 - $2,850
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$752 - $2,835
Required Monthly Fees
$15
Total Monthly Price
$767 - $2,850
Comanche Wells
3400 Comanche Rd NEAlbuquerque, NM 87107
4211 Mesa Grande Pl SE
AlbuquerqueNM87108
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Rent Specials
$799 - $955Studio to 2 Bedroom Apartments Available Now
Rock Creek
3135 Comanche Rd NEAlbuquerque, NM 87107
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$800 - $900Studio to 1 Bedroom Apartments Available Now
Nova Point Gated Community
1001 Louisiana Blvd NEAlbuquerque, NM 87110
333 Dallas St NE
AlbuquerqueNM87108
429 Tennessee St NE
AlbuquerqueNM87108
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.
3209 Burton Ave SE
AlbuquerqueNM87106
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$8291 Bedroom Apartments Contact Us For Availability
Spacious 2 Bedroom Apartment with Private Patio
509 Girard Blvd SEAlbuquerque, NM 87106
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$839 - $1,359Studio to 2 Bedroom Apartments Contact Us For Availability
Cedars - Free Cable & Internet*
1700-1901 Indian Plaza Dr NEAlbuquerque, NM 87106
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$8501 Bedroom Apartments Available Now
511 Mesilla St SE
511 Mesilla St SEAlbuquerque, NM 87108
141 Manzano St NE
AlbuquerqueNM87108
137 Manzano St NE
AlbuquerqueNM87108
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$895
Total Monthly Price
2 Bedroom Apartment Available NowTotal Monthly Price
Base Rent
$895
Total Monthly Price
$895
535 Texas St NE, Unit A
535 Texas St NEAlbuquerque, NM 87108
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Rent Specials
$899 - $1,1681 to 2 Bedroom Apartments Available Now
Casa de Sierra Senior Apartments
200 Valencia Dr SEAlbuquerque, NM 87108
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Rent Specials
$899 - $1,680
Total Monthly Price
1 to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$897 - $1,678
Required Monthly Fees
$2
Total Monthly Price
$899 - $1,680
Sedona Ridge
3400 Wyoming Blvd NEAlbuquerque, NM 87111
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$900 - $1,5252 to 3 Bedroom Apartments Contact Us For Availability
Casa Placida
7100 Constitution Ave NEAlbuquerque, NM 87110
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.
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$9001 Bedroom Apartments Contact Us For Availability
Nova View
1330 Louisiana Blvd NEAlbuquerque, NM 87110
209 Texas St NE
AlbuquerqueNM87108
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$900
Total Monthly Price
1 Bedroom Apartment Available NowTotal Monthly Price
Base Rent
$900
Total Monthly Price
$900
242 Wisconsin St NE, Unit A
242 Wisconsin St NEAlbuquerque, NM 87108
7510 Pennsylvania Ln NE
AlbuquerqueNM87110
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$921 - $1,541Studio to 2 Bedroom Apartments Available Now
Pinewood Estates
1401 Pennsylvania St NEAlbuquerque, NM 87110
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$1,000 - $1,8002 Bedroom Apartments Available Now
520 Tennessee St NE
520 Tennessee St NEAlbuquerque, NM 87108
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Studio to 1 Bedroom Apartments
Princeton Hall Apartments
318-320 Princeton Dr SEAlbuquerque, NM 87106
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1 to 2 Bedroom Apartments
Virginia Rose Apartments
310 Virginia St SEAlbuquerque, NM 87108
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1 Bedroom Apartments
209 Charleston St NE
209-225 Charleston St NEAlbuquerque, NM 87108
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1 Bedroom Apartments
436 Utah St NE
436 Utah St NEAlbuquerque, NM 87108
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.
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Studio to 1 Bedroom Apartments
126 Charleston St NE
126-130 Charleston St SEAlbuquerque, NM 87108
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2 to 3 Bedroom Apartments
217 Pennsylvania St NE
217-225 Pennsylvania St NEAlbuquerque, NM 87108
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1 to 2 Bedroom Apartments
Columbian Apartments
208 Columbia Dr SEAlbuquerque, NM 87106
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1 Bedroom Apartments
Casa Del Rey Sur
112 Cardenas Dr NEAlbuquerque, NM 87108
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1 to 2 Bedroom Apartments
Donna Ann Apartments
7905-8021 Marquette Ave NEAlbuquerque, NM 87108
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1 Bedroom Apartments
Hacienda Norte Apartments
201 Adams St SEAlbuquerque, NM 87108
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1 Bedroom Apartments
Fair Plaza Apartments
5901 Alice Ave NEAlbuquerque, NM 87110
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Studio Apartments
328 Tennessee St SE
328 Tennessee St SEAlbuquerque, NM 87108
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1 to 2 Bedroom Apartments
420 Jefferson St NE
420 Jefferson St NEAlbuquerque, NM 87108
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1 Bedroom Apartments
200-206 Pennsylvania St NE
200-206 Pennsylvania St NEAlbuquerque, NM 87108
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
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1 to 2 Bedroom Apartments
Columbia Apartments
205-209 Columbia Dr SEAlbuquerque, NM 87106
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2 Bedroom Apartments
Manzano
129-149 Manzano St NEAlbuquerque, NM 87108
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1 Bedroom Apartments
Somerset Lofts
700 Truman St NEAlbuquerque, NM 87110
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Studio to 1 Bedroom Apartments
Nova Peak
1200 Louisiana Blvd NEAlbuquerque, NM 87110
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Studio to 2 Bedroom Apartments
Nova Ridge
1311 Louisiana Blvd NEAlbuquerque, NM 87110
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1 Bedroom Apartments
Sun Apartments
433-437 Mesilla St SEAlbuquerque, NM 87108
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2 Bedroom Apartments
3617 Wellesley Dr SE
3617-3621 Wellesley Dr NEAlbuquerque, NM 87107
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1 Bedroom Apartments
1300 Pennsylvania St NE
1300 Pennsylvania St NEAlbuquerque, NM 87110
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Studio to 1 Bedroom Apartments
Hilltop House
5700 Copper Ave NEAlbuquerque, NM 87108
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1 Bedroom Apartments
Mesa Hills Senior Living
1000 Louisiana Blvd NEAlbuquerque, NM 87110
Check Out Albuquerque’s Best Affordable Neighborhoods
Learn about Albuquerque and the best places to live with original content written by our Local Expert Esther Lombardi
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 | $1,154 | $620 | $2,185 |
| Alvarado Park 1 Bedroom Apartments | $1,188 | $725 | $2,443 |
| Alvarado Park 2 Bedroom Apartments | $1,573 | $805 | $3,873 |
| Alvarado Park 3 Bedroom Apartments | $1,797 | $1,200 | $2,602 |
| Alvarado Park 4 Bedroom Apartments | $2,400 | $2,400 | $2,400 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Apartments in this Neighborhood
There are currently 66 rentals with your search options within a 2 mile radius of the Alvarado Park Neighborhood of Albuquerque, NM.
See all Apartments in AlbuquerqueExplore Albuquerque
Alvarado Park, Albuquerque, NM Local Guide
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Cheapest Available Alvarado Park Apartments for Rent
The cheapest available apartment rental in the Alvarado Park area of Albuquerque, NM is a Studio unit found at Nova Peak priced from $700. The Villas @ Uptown has the second lowest priced unit, which is a Studio apartment currently listed from $700. Here are the most affordable Alvarado Park apartments for rent in Albuquerque, NM:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Nova Peak | 0BR/1.0BA | Studio,1BA | $700 |
| The Villas @ Uptown | Studio Classic | Studio,1BA | $700 |
| Encanto Lofts Apartments | Juniper - Studio + Den | Studio,1BA | $754 |
| Comanche Wells | S1 | Studio,1BA | $767 |
| Rock Creek | Studio | Studio,1BA | $799 |
| Nova Point Gated Community | 0BR/1.0BA | Studio,1BA | $800 |
| White Oak Apartments | Casa Del Rey Oeste | 1BR,1BA | $823 |
| Sedona Ridge | Zuni | 1BR,1BA | $899 |
| Casa de Sierra Senior Apartments | One Bedroom | 1BR,1BA | $899 |
Best Value Apartments for Rent in Alvarado Park, NM
As of February 17, 2026 the best value apartment in the Alvarado Park area is the $1.36 price per square foot 339 Madison St NE Model at 339 Madison St NE in the in the Netherwood Park neighborhood starting from $1,295. The second greatest value Alvarado Park apartment is the 417 Princeton Dr. SE Model at 417 Princeton Dr. SE, Unit "B" starting at $1,200 with a $1.33 price per square foot in the Southeast Quadrant neighborhood. Here is today’s list of the best values for Alvarado Park apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 339 Madison St NE | 339 Madison St NE | 2BR,1BA | $1.36 |
| 417 Princeton Dr. SE, Unit "B" | 417 Princeton Dr. SE | 1BR,1BA | $1.33 |
| Theta Apartments | KaloDuo-Premium | 2BR,2BA | $1.17 |
| 520 Tennessee St NE | 2bed/1 ba Unfurnished | 2BR,1BA | $1.39 |
| Pinon Terrace | One Bedroom - Fully Remodeled | 1BR,1BA | $1.36 |
| 328 Rhode Island (New) St NE | 2 bed/ 1 bath | 2BR,1BA | $1.23 |
| Villas Del Cielo | 1 Bedroom | 1BR,1BA | $1.36 |
| 535 Texas St NE, Unit A | 535 Texas St NE | 2BR,1BA | $1.19 |
| 309 Columbia Dr SE, Unit B | 309 Columbia Dr SE | 2BR,1BA | $1.47 |
| Casa de Sierra Senior Apartments | One Bedroom | 1BR,1BA | $1.30 |
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 Article
Don'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
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.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
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.
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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.
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Pet Friendly LifestyleAlvarado Park, Albuquerque, NM
Ranked #168
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
Lifestyle Ratings
ApartmentHomeLiving brings you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals in cities across the United States and customized analysis for East Central Albuquerque, NM. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including rankings of the best places for the best outdoor access, luxury amenities, family-friendly amenities, raising pets, transit options, and other valuable search options. Find Lifestyle Search in the filter options (above). Happy Searching!
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 Encanto Lofts Apartments which is listed at $799, 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 15 regular apartments in Alvarado Park that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
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.