
Cheap Homes for Rent in Old Town Albuquerque Neighborhood of Albuquerque, NM from $1,300 (3 Rentals)
Search the lowest-cost Homes available for rent right now in the Old Town Albuquerque area of Albuquerque.

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.

600 Alcalde Pl SW
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.

1331 Park Ave SW
Old Town Albuquerque, Albuquerque, NM Local Guide

How much does it cost to rent a home in Old Town Albuquerque?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Old Town Albuquerque 2 Bedroom Homes for Rent | $3,720 | $1,350 | $5,500 |
Old Town Albuquerque 3 Bedroom Homes for Rent | $2,719 | $1,750 | $5,000 |
Old Town Albuquerque 4 Bedroom Homes for Rent | $7,750 | $5,500 | $10,000+ |
Browse Homes for Rent in this Neighborhood
There are currently 3 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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Best Value Apartments for Rent in Old Town Albuquerque, NM
As of July 07, 2025 the best value apartment in the Old Town Albuquerque area is the $1.52 price per square foot River Platinum Model at Valley Apartments in the in the Rancho Encantado neighborhood starting from $1,188. The second greatest value Old Town Albuquerque apartment is the 1x1 Market 647 sq.ft. Model at The Artisan @ Sawmill Village starting at $1,350 with a $2.09 price per square foot in the Rancho Encantado 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. |
---|---|---|---|
Valley Apartments | River Platinum | 2BR,1BA | $1.52 |
The Artisan @ Sawmill Village | 1x1 Market 647 sq.ft. | 1BR,1BA | $2.09 |
Silver Moon Lodge | Studio 2 | Studio ,1BA | $2.00 |
Millennium Flats - Washer-Dryer Included | Studio | Studio ,1BA | $2.40 |
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Frequently Asked Questions about Old Town Albuquerque
What type of rentals are currently available in Old Town Albuquerque?
There are currently 76 Apartments for Rent in Old Town Albuquerque, NM with pricing that ranges from $740 to $2,595. There are also 15 Single Family Homes for rent, Condos, and Townhome rentals currently available in Old Town Albuquerque ranging from $1,350 to $10,000.
What is the current price range for Rental Homes in Old Town Albuquerque?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Old Town Albuquerque ranges from $1,350 to $10,000 with an average monthly rent of $4,001.
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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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.