
Cheap Apartments for Rent in the Plaza Vieja Neighborhood of Albuquerque, NM from $400 (61 Rentals)
Search the lowest-cost Apartments available for rent right now in the Plaza Vieja area of Albuquerque.


Total Monthly Price
Union 505

Millennium Flats

513 Candelaria Rd NW

Villa De San Felipe

The Beach

1508 John St, Unit A

Silver Moon Lodge

Zocalo Lofts

Silver Gardens Apartments
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.

3924 3rd St NW

370 Atrisco Dr SW

Alvarado Apartments

505 Central Lofts

Total Monthly Price
Nine-O-Nine Apartments

1508 Edith Blvd NE

Total Monthly Price
Valley Apartments

The Artisan @ Sawmill Village

Total Monthly Price
1207 Barelas St SW

1409-1409 Hazeldine Ave SE
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.

Total Monthly Price
1204 Sawmill Rd NW

901 Slate Ave NW

Calle Cuarta

Tucson Apartments

1420 4th St NW

1405 Gold Ave SE

219 Walter St NE

Candelaria Gardens

Arcadia Courtyard

816 Coal Ave SW
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.

210 High St NE

El Sol

Villa Nueva Senior Apartments

Carousel

543 Cedar St SE

545 Cedar St SE

Sawmill Lofts

Aztec Manor

Downtown @ 700

Regina & Walter/Silver Apartments
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

623 14th St NW

Rainbow Apartments

The Crossroads

1216 High St SE

Sterling Downtown

Imperial

614 11th St SW

525 Cedar St SE

Casitas de Colores

The Franz
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.
Plaza Vieja, Albuquerque, NM Local Guide

How much does it cost to rent an apartment in Plaza Vieja?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Plaza Vieja Studio Apartments | $949 | $695 | $1,800 |
| Plaza Vieja 1 Bedroom Apartments | $1,298 | $725 | $2,195 |
| Plaza Vieja 2 Bedroom Apartments | $1,566 | $929 | $2,795 |
| Plaza Vieja 3 Bedroom Apartments | $1,611 | $1,398 | $1,800 |
Browse Apartments in this Neighborhood
There are currently 61 rentals with your search options within a 2 mile radius of the Plaza Vieja Neighborhood of Albuquerque, NM.
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Plaza Vieja, Albuquerque, NM Local Guide
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Cheapest Available Plaza Vieja Apartments for Rent
 The cheapest available apartment rental in the Plaza Vieja area of Albuquerque, NM is a Studio unit found at 210 High St NE priced from $700. Union 505 has the second lowest priced unit, which is a Studio apartment currently listed from $781. Here are the most affordable Plaza Vieja apartments for rent in Albuquerque, NM:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 210 High St NE | 0 Beds, 1 Baths | Studio,1BA | $700 |
| Union 505 | Studio | Studio,1BA | $781 |
| Millennium Flats | Unit Type A | Studio,1BA | $790 |
| Villa De San Felipe | 0x1C | Studio,1BA | $799 |
| Silver Moon Lodge | Studio | Studio,1BA | $897 |
| Zocalo Lofts | Studio | Studio,1BA | $900 |
| Alvarado Apartments | A | Studio,1BA | $999 |
| 505 Central Lofts | Studio | Studio,1BA | $1,000 |
| Nine-O-Nine Apartments | Studio | Studio,1BA | $1,095 |
| Silver Gardens Apartments | Two Bedroom, Two Bath (60%) - $200 Special | 2BR,2BA | $1,135 |
Best Value Apartments for Rent in Plaza Vieja, NM
As of May 11, 2026 the best value apartment in the Plaza Vieja area is the $1.67 price per square foot 817 Slate Ave NW Model at 817 Slate Ave NW, Unit 817 in the in the Hunning Highland neighborhood starting from $2,000. The second greatest value Plaza Vieja apartment is the 2BR/2.0BA Model at Villas @ Rio starting at $1,895 with a $1.75 price per square foot in the Northwest Quadrant neighborhood. Here is today’s list of the best values for Plaza Vieja apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 817 Slate Ave NW, Unit 817 | 817 Slate Ave NW | 2BR,1BA | $1.67 |
| Villas @ Rio | 2BR/2.0BA | 2BR,2BA | $1.75 |
| Marquee Village Apartments | KaloDuo | 2BR,1BA | $1.47 |
| Silver Gardens Apartments | Two Bedroom, Two Bath (60%) - $200 Special | 2BR,2BA | $1.43 |
| 505 Central Lofts | Studio | Studio ,1BA | $1.35 |
| Poblana Place | I 1/1 | 1BR,1BA | $1.92 |
| Mehran Lofts - Gold Avenue Realty, LLC | 0BR/1.0BA | Studio ,1BA | $1.75 |
| Cresta North Valley | Renovated | 1BR,1BA | $1.82 |
| Silver Moon Lodge | Studio | Studio ,1BA | $1.76 |
| 210 High St NE | 0 Beds, 1 Baths | Studio ,1BA | $1.40 |
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 ArticleDon'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.
Read ArticleQuick Rent Budget Calculator
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.
Pet Friendly LifestylePlaza Vieja, Albuquerque, NM
Ranked #120
Among cities in New Mexico for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Best Local Schools in Plaza Vieja, Albuquerque, NM
School data provided by Great Schools
Lifestyle Ratings
This website is happy to bring you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals and neighborhoods across the USA, including Albuquerque. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including our Star Ratings to compare for outdoor amenities like tennis courts, luxury amenities, multifamily communities for the kids, raising pets, transit options, and other valuable search options. Find Lifestyle Search in the filter options (above). Happy Searching!
Frequently Asked Questions about Cheap Plaza Vieja Apartments
What is a cheap apartment in Plaza Vieja?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Plaza Vieja is under $1,135.
What is the price of a cheap apartment in Plaza Vieja?
The cheapest apartment in Plaza Vieja is Alvarado Apartments which is listed at $1,099, while the average apartment in Plaza Vieja costs $1,685.
What types of apartments are the cheapest in Plaza Vieja?
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 24 regular apartments in Plaza Vieja 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 Plaza Vieja?
Cheap apartments in Plaza Vieja have an average cost of $484 which is $1,201 cheaper than the average rent for all rentals in Plaza Vieja.
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.
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.