
Cheap Apartments for Rent in the Alvarado Park Neighborhood of Albuquerque, NM from $400 (103 Rentals) Page 3 of 3
Search the lowest-cost Apartments available for rent right now in the Alvarado Park area of Albuquerque.


420 Rhode Island St SE

404 Dartmouth Dr SE
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 | $1,053 | $699 | $2,398 |
| Alvarado Park 1 Bedroom Apartments | $1,180 | $825 | $2,497 |
| Alvarado Park 2 Bedroom Apartments | $1,608 | $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 |
Browse Apartments in this Neighborhood
There are currently 103 rentals with your search options within a 2 mile radius of the Alvarado Park Neighborhood of Albuquerque, NM.
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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 White Oak Apartments which is listed at $823, 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 22 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 $174 which is $2,226 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
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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
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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.