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$674 - $1,501Studio to 2 Bedroom Apartments Contact Us For Availability
Cinnamon Tree
7220 Central Ave SEAlbuquerque, NM 87108
Cheap Apartments for Rent in the Alvarado Park Neighborhood of Albuquerque, NM from $400 (69 Rentals)
Search the lowest-cost Apartments available for rent right now in the Alvarado Park area of Albuquerque.
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Rent Specials
$715 - $1,145Studio to 2 Bedroom Apartments Available Now
Encanto Lofts Apartments
4501 Shepard Rd NEAlbuquerque, NM 87110
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$7501 Bedroom Apartment Available Jan 1, 2026
633 San Pedro Dr SE, Unit UNIT C
633 San Pedro Dr SEAlbuquerque, NM 87108
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$788 - $3,106Studio to 2 Bedroom Apartments Available Now
Comanche Wells
3400 Comanche Rd NEAlbuquerque, NM 87107
4211 Mesa Grande Pl SE
AlbuquerqueNM87108
333 Dallas St NE
AlbuquerqueNM87108
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$800 - $900Studio to 1 Bedroom Apartments Available Now
Nova Point Gated Community
1001 Louisiana Blvd NEAlbuquerque, NM 87110
334 Charleston St SE
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.
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$8291 Bedroom Apartments Available Now
Spacious 2 Bedroom Apartment with Private Patio
509 Girard Blvd SEAlbuquerque, NM 87106
429 Tennessee St NE
AlbuquerqueNM87108
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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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$845 - $1,140Studio to 2 Bedroom Apartments Available Now
Rock Creek
3135 Comanche Rd NEAlbuquerque, NM 87107
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$850 - $1,6501 to 3 Bedroom Apartments Available Now
Sedona Ridge
3400 Wyoming Blvd NEAlbuquerque, NM 87111
533 Valencia Dr SE
AlbuquerqueNM87108
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4142 Mesa Verde Ave NE
AlbuquerqueNM87110
507-511 Adams St NE
AlbuquerqueNM87108
137 Manzano St NE
AlbuquerqueNM87108
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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$899 - $1,1681 to 2 Bedroom Apartments Available Now
Casa de Sierra Senior Apartments
200 Valencia Dr SEAlbuquerque, NM 87108
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$900 - $1,5252 to 3 Bedroom Apartments Contact Us For Availability
Casa Placida
7100 Constitution Ave NEAlbuquerque, NM 87110
209 Texas St NE
AlbuquerqueNM87108
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508 Ortiz Dr SE
AlbuquerqueNM87108
7510 Pennsylvania Ln NE
AlbuquerqueNM87110
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$950 - $1,164Studio to 2 Bedroom Apartments Available Now
Pinewood Estates
1401 Pennsylvania St NEAlbuquerque, NM 87110
5501 Bell Ave SE
AlbuquerqueNM87108
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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
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 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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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 | $1,109 | $674 | $2,133 |
| Alvarado Park 1 Bedroom Apartments | $1,239 | $689 | $2,393 |
| Alvarado Park 2 Bedroom Apartments | $1,497 | $835 | $3,961 |
| Alvarado Park 3 Bedroom Apartments | $1,728 | $1,200 | $2,537 |
| Alvarado Park 4 Bedroom Apartments | $2,400 | $2,400 | $2,400 |
Browse Apartments in this Neighborhood
There are currently 69 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 Studio unit found at Nova Peak priced from $700. Encanto Lofts Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $715. 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 |
| Encanto Lofts Apartments | Yucca - Studio | Studio,1BA | $715 |
| Comanche Wells | S1 | Studio,1BA | $792 |
| Casa dos Santos | Studio 520 | Studio,1BA | $800 |
| Modern Apartments with Great Amenities | 1 bed 1bath | 1BR,1BA | $800 |
| The Villas @ Uptown | – Studio / 1 Bath Apartment in Uptown Location... | Studio,1BA | $800 |
| Nova Point Gated Community | 0BR/1.0BA | Studio,1BA | $800 |
| White Oak Apartments | Casa Del Rey Oeste | 1BR,1BA | $823 |
| Spacious 2 Bedroom Apartment with Private Patio | 1 bedroom 1 bathroom | 1BR,1BA | $829 |
| Rock Creek | Studio | Studio,1BA | $845 |
Best Value Apartments for Rent in Alvarado Park, NM
As of December 25, 2025 the best value apartment in the Alvarado Park area is the $1.39 price per square foot Renovated 2-Bedroom B Model at Glo Apartments in the in the Netherwood Park neighborhood starting from $1,508. The second greatest value Alvarado Park apartment is the KaloDuo Model at Theta Apartments starting at $975 with a $1.09 price per square foot in the Northwest 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. |
|---|---|---|---|
| Glo Apartments | Renovated 2-Bedroom B | 2BR,2BA | $1.39 |
| Theta Apartments | KaloDuo | 2BR,2BA | $1.09 |
| 520 Tennessee St NE | 2bed/1 ba Unfurnished | 2BR,1BA | $1.39 |
| 328 Rhode Island (New) St NE | 2 bed/ 1 bath | 2BR,1BA | $1.23 |
| Pinon Terrace | One Bedroom - Fully Remodeled | 1BR,1BA | $1.37 |
| Villas Del Cielo | 1 Bedroom | 1BR,1BA | $1.41 |
| 444 Florida Playa del Sol | 6721 - 6723 Bell St SE Duplex | 1BR,1BA | $1.41 |
| Casa de Sierra Senior Apartments | One Bedroom | 1BR,1BA | $1.30 |
| Spacious 2 Bedroom Apartment with Private Patio | 1 bedroom 1 bathroom | 1BR,1BA | $1.28 |
| Modern Apartments with Great Amenities | 1 bed 1bath | 1BR,1BA | $1.31 |
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.
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.
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Pet Friendly LifestyleAlvarado Park, Albuquerque, NM
Ranked #120
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 $845.
What is the price of a cheap apartment in Alvarado Park?
The cheapest apartment in Alvarado Park is Nova Peak which is listed at $800, 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 20 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.
How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.
Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.
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.