2901 Carlisle Blvd NE
AlbuquerqueNM87110
Cheap Homes for Rent in the Alvarado Park Neighborhood of Albuquerque, NM from $700 (21 Rentals)
Search the lowest-cost Homes available for rent right now in the Alvarado Park area of Albuquerque.
320 Tennessee St SE, Unit 11
320 Tennessee St SE
AlbuquerqueNM87108
525 Mesilla St SE
AlbuquerqueNM87108
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$8501 Bedroom Apartments Available Now
511 Mesilla St SE, Unit C
511 Mesilla St SEAlbuquerque, NM 87108
412 Rhode Island St NE
AlbuquerqueNM87108
636 640
AlbuquerqueNM87108
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$9252 Bedroom Apartments Available Now
116 Dallas St SE, Unit C
116 Dallas St SEAlbuquerque, NM 87108
Your Guide to the Best Neighborhoods to Rent Near Albuquerque’s Top Employers
Moving to Albuquerque? Find the best neighborhoods near Sandia Labs, Presbyterian Healthcare Services, and UNM. Cut your commute, boost your quality of life, and find your perfect apartment or rental home.
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$9252 Bedroom Apartments Available Now
420 Vermont St NE, Unit A4
420 Vermont St NEAlbuquerque, NM 87108
127 General Arnold St NE
AlbuquerqueNM87123
507 Wisconsin St NE
AlbuquerqueNM87108
541 Palomas Dr SE
AlbuquerqueNM87108
105 General Arnold St NE
AlbuquerqueNM87123
8200 Copper Ave NE
AlbuquerqueNM87108
419 Dallas St SE
AlbuquerqueNM87108
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
423 Dallas St SE
AlbuquerqueNM87108
20 Chama St NE
AlbuquerqueNM87108
420 Rhode Island St SE
AlbuquerqueNM87108
230 Espanola St NE
AlbuquerqueNM87108
8333 Comanche Rd NE
AlbuquerqueNM87110
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$1,3002 Bedroom Apartments Available Now
3705 Lafayette Dr NE, Unit 1
3705 Lafayette Dr NEAlbuquerque, NM 87107
720 Truman St NE
AlbuquerqueNM87110
Albuquerque Uncovered: Your Local Expert's Guide to the High Desert City
Find your perfect spot in ABQ. Get a local's breakdown of Albuquerque neighborhoods like Nob Hill and Downtown, plus tips on navigating the city’s unique charm and high-desert lifestyle.
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Alvarado Park, Albuquerque, NM Local Guide
How much does it cost to rent a home in Alvarado Park?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Alvarado Park 2 Bedroom Homes for Rent | $1,700 | $900 | $3,500 |
| Alvarado Park 3 Bedroom Homes for Rent | $2,398 | $1,749 | $4,400 |
| Alvarado Park 4 Bedroom Homes for Rent | $2,163 | $1,795 | $2,995 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Homes for Rent in this Neighborhood
There are currently 21 rentals with your search options within a 2 mile radius of the Alvarado Park Neighborhood of Albuquerque, NM.
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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 1 Bed unit found at 501 Texas Street NE priced from $695. 332 Grove St SE has the second lowest priced unit, which is a 1 Bed apartment currently listed from $695. Here are the most affordable Alvarado Park apartments for rent in Albuquerque, NM:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 501 Texas Street NE | 1BR/1.0BA | 1BR,1BA | $695 |
| 332 Grove St SE | 1 Beds, 1 Baths | 1BR,1BA | $695 |
| Nova Ridge | S1 | Studio,1BA | $725 |
| Rock Creek | Studio | Studio,1BA | $750 |
| Central Apartments (4223) | Large Studio/1ba - 4223 Central | Studio,1BA | $765 |
Best Value Apartments for Rent in Alvarado Park, NM
As of August 31, 2026 the best value apartment in the Alvarado Park area is the $1.26 price per square foot 3 bed/ 1 bath Model at 328 Rhode Island (New) St NE in the in the Towne Park neighborhood starting from $1,199. The second greatest value Alvarado Park apartment is the KaloDuo Model at Theta Apartments starting at $1,055 with a $1.18 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. |
|---|---|---|---|
| 328 Rhode Island (New) St NE | 3 bed/ 1 bath | 3BR,1BA | $1.26 |
| Theta Apartments | KaloDuo | 2BR,2BA | $1.18 |
| Sandia Shadows | 2bd/2ba | 2BR,2BA | $1.26 |
| 520 Tennessee St NE | 2bed/1 ba Unfurnished | 2BR,1BA | $1.39 |
| Gracey's Nation - Palomas Community | 2 Bed, 1 Bath | 2BR,1BA | $1.23 |
| Villas Del Cielo | 1 Bedroom | 1BR,1BA | $1.34 |
| Tennessee Street | 2 Beds, 1 Baths | 2BR,1BA | $1.19 |
| 332 Grove St SE | 1 Beds, 1 Baths | 1BR,1BA | $1.16 |
| 501 Texas Street NE | 1BR/1.0BA | 1BR,1BA | $1.21 |
| Chico Apartments | 1BR/1.0BA | 1BR,1BA | $1.41 |
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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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 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.
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Pet Friendly LifestyleAlvarado Park, Albuquerque, NM
Ranked #69
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 Alvarado Park
What type of rentals are currently available in Alvarado Park?
There are currently 529 Apartments for Rent in Alvarado Park, NM with pricing that ranges from $690 to $4,419. There are also 65 Single Family Homes for rent, Condos, and Townhome rentals currently available in Alvarado Park ranging from $700 to $4,400.
What is the current price range for Rental Homes in Alvarado Park?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Alvarado Park ranges from $700 to $4,400 with an average monthly rent of $1,911.
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
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.
Albuquerque Uncovered: Your Local Expert's 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.
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.
A Local Expert's 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.
Articles, How-To's, and Tips
Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.
Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
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Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.
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Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.