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$5591 Bedroom Apartments Available Now
509 Girard Terrace Apartments
509 Girard Blvd SEAlbuquerque, NM 87106
Cheap Apartments for Rent in the Alvarado Park Neighborhood of Albuquerque, NM from $400 (34 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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$725 - $1,200Studio to 2 Bedroom Apartments Available Now
Nova Ridge
1311 Louisiana Blvd NEAlbuquerque, NM 87110
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Rent Specials
$729 - $1,159Studio to 2 Bedroom Apartments Available Now
Encanto Lofts Apartments
4501 Shepard Rd NEAlbuquerque, NM 87110
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$790 - $2,523Studio to 2 Bedroom Apartments Available Now
Comanche Wells
3400 Comanche Rd NEAlbuquerque, NM 87107
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$800 - $1,100Studio to 2 Bedroom Apartments Available Now
Nova Pointe
1001 Louisiana Blvd NEAlbuquerque, NM 87110
305 Charleston St SE
AlbuquerqueNM87108
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Studio to 1 Bedroom Apartments
Princeton Hall Apartments
318-320 Princeton Dr SEAlbuquerque, NM 87106
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.
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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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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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The 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.
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Showing Results 1-34, Page 1 of 1
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 | $973 | $674 | $2,306 |
| Alvarado Park 1 Bedroom Apartments | $1,811 | $559 | $10,000+ |
| Alvarado Park 2 Bedroom Apartments | $1,449 | $850 | $3,678 |
| Alvarado Park 3 Bedroom Apartments | $1,631 | $1,200 | $2,150 |
Browse Apartments in this Neighborhood
There are currently 34 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
- Nearby Albuquerque neighborhoods
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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 1 Bed unit found at 509 Girard Terrace Apartments priced from $559. 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 |
|---|---|---|---|
| 509 Girard Terrace Apartments | 509 Girard Blvd SE K | 1BR,1BA | $559 |
| The Villas @ Uptown | Studio Upgrade | Studio,1BA | $700 |
| Nova Ridge | S1 | Studio,1BA | $725 |
| Encanto Lofts Apartments | Yucca - Studio | Studio,1BA | $729 |
| White Oak Apartments | Casa Del Rey Oeste | 1BR,1BA | $781 |
| Nova Pointe | S1 - Studio | Studio,1BA | $800 |
| Casa dos Santos | Studio 520 | Studio,1BA | $800 |
| Comanche Wells | S1 | Studio,1BA | $806 |
| Uptown Horizon | Studio | Studio,1BA | $824 |
| Rock Creek | Studio | Studio,1BA | $845 |
Best Value Apartments for Rent in Alvarado Park, NM
As of September 20, 2025 the best value apartment in the Alvarado Park area is the $1.26 price per square foot KaloDuo-Premium Model at Theta Apartments in the in the Northwest Quadrant neighborhood starting from $1,125. The second greatest value Alvarado Park apartment is the One Bedroom - Fully Remodeled Model at Pinon Terrace starting at $1,095 with a $1.37 price per square foot in the Northeast 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. |
|---|---|---|---|
| Theta Apartments | KaloDuo-Premium | 2BR,2BA | $1.26 |
| Pinon Terrace | One Bedroom - Fully Remodeled | 1BR,1BA | $1.37 |
| 328 Rhode Island (New) St NE | 2 bed/ 1 bath | 2BR,1BA | $1.19 |
| 200 Tennessee St NE, Unit 200 A | 200 Tennessee St NE | 2BR,1BA | $1.13 |
| 147 General Arnold St NE, Unit 4 | 147 General Arnold St NE | 1BR,1BA | $1.15 |
| Villas Del Cielo | 1 Bedroom | 1BR,1BA | $1.45 |
| 8413 Marquette Ave NE, Unit A | 8413 Marquette Ave NE | 2BR,1BA | $1.33 |
| 8300 Marquette Ave NE, Unit A | 8300 Marquette Ave NE | 2BR,1BA | $1.27 |
| Casa de Sierra Senior Apartments | One Bedroom | 1BR,1BA | $1.30 |
| 509 Girard Terrace Apartments | 509 Girard Blvd SE K | 1BR,1BA | $0.86 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleAlvarado Park, Albuquerque, NM
Ranked #263
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!
Getting Around the Alvarado Park Neighborhood in Albuquerque, NM
Walk Score®
72 / 100
Very Walkable
Most errands can be accomplished on foot
Bike Score®
87 / 100
Very Bikeable
Biking is convenient for most trips
Transit Score®
37 / 100
Some Transit
A few nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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 $845.
What is the price of a cheap apartment in Alvarado Park?
The cheapest apartment in Alvarado Park is 509 Girard Terrace Apartments which is listed at $559, while the average apartment in Alvarado Park costs $1,587.
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 25 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
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.
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 Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
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.
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.