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from $740Studio Apartments Available Now
Millennium Flats - Washer-Dryer Included
1020 Central Ave SWAlbuquerque, NM 87102
Cheap Apartments for Rent in the Old Town Albuquerque Neighborhood of Albuquerque, NM from $600 (8 Rentals)
Search the lowest-cost Apartments available for rent right now in the Old Town Albuquerque area of Albuquerque.
1107 Tijeras Ave NW
AlbuquerqueNM87102
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
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from $840Studio to 3 Bedroom Apartments Contact Us For Availability
The Beach
2525 Tingley Dr SWAlbuquerque, NM 87104
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Rent Specials
from $999Studio to 2 Bedroom Apartments Available Now
Alvarado Apartments
611 Lead Ave SWAlbuquerque, NM 87102
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
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Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.
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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 | $914 | $740 | $1,120 |
| Old Town Albuquerque 1 Bedroom Apartments | $1,364 | $950 | $1,850 |
| Old Town Albuquerque 2 Bedroom Apartments | $1,693 | $1,150 | $2,613 |
| Old Town Albuquerque 3 Bedroom Apartments | $1,530 | $1,332 | $1,700 |
Browse Apartments in this Neighborhood
There are currently 8 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 - Washer-Dryer Included priced from $740. Alvarado Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $999. Here are the most affordable Old Town Albuquerque apartments for rent in Albuquerque, NM:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Millennium Flats - Washer-Dryer Included | Studio | Studio,1BA | $740 |
| Alvarado Apartments | A | Studio,1BA | $999 |
| Valley Apartments | Azure Platinum | 1BR,1BA | $1,042 |
Best Value Apartments for Rent in Old Town Albuquerque, NM
As of May 21, 2025 the best value apartment in the Old Town Albuquerque area is the $1.83 price per square foot P 2/2 Model at Poblana Place in the in the Northwest Quadrant neighborhood starting from $1,795. The second greatest value Old Town Albuquerque apartment is the a10ar - Renovated Model at Stride West starting at $1,296 with a $1.62 price per square foot in the Northwest Quadrant 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. |
|---|---|---|---|
| Poblana Place | P 2/2 | 2BR,2BA | $1.83 |
| Stride West | a10ar - Renovated | 1BR,1BA | $1.62 |
| Cresta North Valley | 1 bed/1 bath | 1BR,1BA | $1.60 |
| One Central | 1x1 BB | 1BR,1BA | $2.37 |
| Monterey Place | One Bedroom | 1BR,1BA | $2.14 |
| The Artisan @ Sawmill Village | 1x1 Market 647 sq.ft. | 1BR,1BA | $2.09 |
| Huning Castle Apartments | Balmoral Building A & B | 1BR,1BA | $2.74 |
| Valley Apartments | Azure Platinum | 1BR,1BA | $1.72 |
| Alvarado Apartments | A1 | 1BR,1BA | $2.36 |
| Millennium Flats - Washer-Dryer Included | Studio | Studio ,1BA | $2.40 |
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Pet Friendly LifestyleOld Town Albuquerque, Albuquerque, NM
Ranked #205
Among neighborhoods in Albuquerque, NM for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
3.0Pet 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 - Washer-Dryer Included listed at $740.
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 $1,042 at Valley Apartments.
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 $1,385 at Cresta North Valley.
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.
Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.
The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.
Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.