401 14th St NW
AlbuquerqueNM87104
Cheap Apartments for Rent in the Old Town Albuquerque Neighborhood of Albuquerque, NM from $600 (23 Rentals)
Search the lowest-cost Apartments available for rent right now in the Old Town Albuquerque area of Albuquerque.
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$790 - $820Studio Apartments Available Now
Millennium Flats
1020 Central Ave SWAlbuquerque, NM 87102
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$840 - $1,500Studio to 3 Bedroom Apartments Contact Us For Availability
The Beach
2525 Tingley Dr SWAlbuquerque, NM 87104
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$897 - $956Studio to 1 Bedroom Apartments Available Now
Silver Moon Lodge
901 Park Ave SWAlbuquerque, NM 87102
417 12th St SW
AlbuquerqueNM87102
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Rent Specials
$1,023 - $1,705
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1 to 3 Bedroom Apartments Available NowTotal Monthly Price
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$1,023 - $1,705
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Valley Apartments
1812 Indian School Rd NWAlbuquerque, NM 87104
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$1,190 - $1,800Studio to 3 Bedroom Apartments Available Now
The Artisan @ Sawmill Village
1751 Bellamah Ave NWAlbuquerque, NM 87104
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.
300 San Pasquale Ave NW
AlbuquerqueNM87104
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$1,300 - $1,700
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1 Bedroom Apartment Available NowTotal Monthly Price
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$1,300 - $1,700
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$1,300 - $1,700
1204 Sawmill Rd NW
1204 Sawmill Rd NWAlbuquerque, NM 87104
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$1,500 - $1,7501 Bedroom Apartments Available Jul 30
228 16th St NW
228 16th St NWAlbuquerque, NM 87104
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$1,550 - $2,3251 to 2 Bedroom Apartments Available Now
Monterey Place
2320 Central Ave SWAlbuquerque, NM 87104
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$1,695 - $2,1951 to 3 Bedroom Apartments Available Now
Huning Castle Apartments
1500 Central Ave SWAlbuquerque, NM 87104
2830 Floral Rd NW
AlbuquerqueNM87104
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1 Bedroom Apartments
Arcadia Courtyard
1020 Park Ave SWAlbuquerque, NM 87102
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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1 to 3 Bedroom Apartments
Sawmill Lofts
1801 Bellamah Ave NWAlbuquerque, NM 87104
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1 to 2 Bedroom Apartments
Villa Nueva Senior Apartments
990 18th St NWAlbuquerque, NM 87104
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1 Bedroom Apartments
Rainbow Apartments
4600 Central Ave SWAlbuquerque, NM 87105
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Studio to 1 Bedroom Apartments
The Franz
1716 Central Ave NWAlbuquerque, NM 87104
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Studio to 3 Bedroom Apartments
120 10th St NW
120 10th St NWAlbuquerque, NM 87102
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1 to 2 Bedroom Apartments
Old Town Casitas
200 Rio Grande Blvd SWAlbuquerque, NM 87104
2440 Rose Ave NW
AlbuquerqueNM87104
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.
816 13th St NW
AlbuquerqueNM87102
1408 Lumberton Dr NW
AlbuquerqueNM87104
Showing Results 1-23, Page 1 of 1
Old Town Albuquerque, Albuquerque, NM Local Guide
How much does it cost to rent an apartment in Old Town Albuquerque?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Old Town Albuquerque Studio Apartments | $859 | $760 | $1,190 |
| Old Town Albuquerque 1 Bedroom Apartments | $1,253 | $950 | $1,700 |
| Old Town Albuquerque 2 Bedroom Apartments | $1,631 | $1,023 | $2,325 |
| Old Town Albuquerque 3 Bedroom Apartments | $1,621 | $1,398 | $1,800 |
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 23 rentals with your search options within a 1 mile radius of the Old Town Albuquerque Neighborhood of Albuquerque, NM.
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Old Town Albuquerque, Albuquerque, NM Local Guide
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Cheapest Available Old Town Albuquerque Apartments for Rent
The cheapest available apartment rental in the Old Town Albuquerque area of Albuquerque, NM is a Studio unit found at Millennium Flats priced from $790. Silver Moon Lodge has the second lowest priced unit, which is a Studio apartment currently listed from $897. Here are the most affordable Old Town Albuquerque apartments for rent in Albuquerque, NM:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Millennium Flats | Unit Type A | Studio,1BA | $790 |
| Silver Moon Lodge | Studio | Studio,1BA | $897 |
| Valley Apartments | River | 2BR,1BA | $1,023 |
| The Artisan @ Sawmill Village | Retail Space | Studio, | $1,190 |
| Huning Castle Apartments | Dover Building A & B | 2BR,2BA | $2,150 |
Best Value Apartments for Rent in Old Town Albuquerque, NM
As of June 09, 2026 the best value apartment in the Old Town Albuquerque area is the $1.58 price per square foot Two Bed Two Bath Loft Model at Monterey Place in the in the Alamosa neighborhood starting from $2,325. The second greatest value Old Town Albuquerque apartment is the Dover Building A & B Model at Huning Castle Apartments starting at $2,150 with a $2.12 price per square foot in the Silver Lofts neighborhood. Here is today’s list of the best values for Old Town Albuquerque apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Monterey Place | Two Bed Two Bath Loft | 2BR,2BA | $1.58 |
| Huning Castle Apartments | Dover Building A & B | 2BR,2BA | $2.12 |
| Valley Apartments | Grand Platinum | 3BR,2BA | $1.80 |
| 1204 Sawmill Rd NW | 1204 Sawmill Rd NW | 1BR,1BA | $3.09 |
| Silver Moon Lodge | Studio | Studio ,1BA | $1.76 |
| The Artisan @ Sawmill Village | 1x1 Market 420 sq.ft. | 1BR,1BA | $2.98 |
| Millennium Flats | Unit Type A | Studio ,1BA | $2.56 |
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 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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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 LifestyleOld Town Albuquerque, Albuquerque, NM
Ranked #219
Among cities in New Mexico for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Frequently Asked Questions about Cheap Old Town Albuquerque Apartments
What is the Cheapest Studio apartment in Old Town Albuquerque?
Currently the most affordable Cheap Studio Apartment in Old Town Albuquerque is at Millennium Flats listed at $790.
How much is rent for a Cheap One Bedroom Old Town Albuquerque Apartment?
The lowest price for a Cheap One Bedroom Old Town Albuquerque Apartment is $956 at Silver Moon Lodge.
What is the lowest price for a Cheap Two Bedroom Old Town Albuquerque Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Old Town Albuquerque is starting from $1,023 at Valley Apartments.
What is the most affordable Old Town Albuquerque Three Bedroom Apartment?
The best deal on a cheap Old Town Albuquerque Three Bedroom Apartment rental is at The Artisan @ Sawmill Village and starts from $1,398.
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
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.
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
Written by: Esther Lombardi
I still recollect my first morning commute in Albuquerque.
Articles, How-To's, and Tips
Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.
Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.
Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.
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.