Cheap Apartments for Rent in the Plaza Vieja Neighborhood of Albuquerque, NM from $400 (26 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Plaza Vieja area of Albuquerque.

property at 208 High St NE

208 High St NE

AlbuquerqueNM87102

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.

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Tucson Apartments
2 Bedroom Apartments

Tucson Apartments

5401-5405 Tucson Rd NWAlbuquerque, NM 87120

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.

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1420 4th St NW
1 to 2 Bedroom Apartments

1420 4th St NW

1420-1422 4th St NWAlbuquerque, NM 87102
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1405 Gold Ave SE
1 to 2 Bedroom Apartments

1405 Gold Ave SE

1405 Gold Ave SEAlbuquerque, NM 87106
  • Utilities Included
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219 Walter St NE
1 Bedroom Apartments

219 Walter St NE

219-223 Walter St SEAlbuquerque, NM 87102
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Arcadia Courtyard
1 Bedroom Apartments

Arcadia Courtyard

1020 Park Ave SWAlbuquerque, NM 87102
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Candelaria Gardens
2 Bedroom Apartments

Candelaria Gardens

820 Candelaria Rd NWAlbuquerque, NM 87107
  • Utilities Included
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816 Coal Ave SW
1 to 2 Bedroom Apartments

816 Coal Ave SW

816 Coal Ave SWAlbuquerque, NM 87102

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.

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210 High St NE
Studio to 1 Bedroom Apartments

210 High St NE

210 High St NEAlbuquerque, NM 87102
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Sawmill Lofts
1 to 3 Bedroom Apartments

Sawmill Lofts

1801 Bellamah Ave NWAlbuquerque, NM 87104
  • Utilities Included
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Aztec Manor
1 to 2 Bedroom Apartments

Aztec Manor

403 Aztec Rd NWAlbuquerque, NM 87107
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Downtown @ 700
Studio Apartments

Downtown @ 700

700 2nd St NWAlbuquerque, NM 87102

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.

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The Crossroads
Studio Apartments

The Crossroads

315 Central Ave NWAlbuquerque, NM 87102

Plaza Vieja, Albuquerque, NM Local Guide

Cheapest Available Plaza Vieja Apartments for Rent

 

The cheapest available apartment rental in the Plaza Vieja area of Albuquerque, NM is a 1 Bed unit found at Silver Gardens Apartments priced from $740. Millennium Flats has the second lowest priced unit, which is a Studio apartment currently listed from $740. Here are the most affordable Plaza Vieja apartments for rent in Albuquerque, NM:

Apartment ListingModel NameBed/BathPriced From
Silver Gardens Apartments1 Bedroom (50%)1BR,1BA$740
Millennium FlatsUnit Type AStudio,1BA$740
210 High St NE0 Beds, 1 BathsStudio,1BA$745
Union 505StudioStudio,1BA$817
Silver Moon LodgeStudioStudio,1BA$897
Valley ApartmentsAzure Platinum1BR,1BA$947
Alvarado ApartmentsAStudio,1BA$969
Nine-O-Nine ApartmentsStudioStudio,1BA$1,095
Villa de San FelipeHawthorn2BR,1BA$1,188
Cresta North Valley1 bed/1 bath1BR,1BA$1,199

Best Value Apartments for Rent in Plaza Vieja, NM

As of October 21, 2025 the best value apartment in the Plaza Vieja area is the $1.49 price per square foot Two Bedroom, Two Bath with Balcony Model at Zocalo Lofts in the in the Netherwood Park neighborhood starting from $1,699. The second greatest value Plaza Vieja apartment is the 2BR/2.0BA Model at Villas @ Rio starting at $2,075 with a $1.92 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Zocalo LoftsTwo Bedroom, Two Bath with Balcony2BR,2BA$1.49
Villas @ Rio2BR/2.0BA2BR,2BA$1.92
Olympus Highlands NorthB22BR,2BA$1.79
Poblana PlaceM 1/11BR,1BA$1.99
Cresta North Valley1 bed/1 bath1BR,1BA$1.60
Villa de San FelipeHawthorn2BR,1BA$1.59
Valley ApartmentsAzure Platinum1BR,1BA$1.56
Silver Moon LodgeStudioStudio ,1BA$1.76
210 High St NE0 Beds, 1 BathsStudio ,1BA$1.49
Silver Gardens ApartmentsStudio (60%)Studio ,1BA$1.90

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.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Quick 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.

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Pet Friendly Lifestyle
Plaza Vieja, Albuquerque, NM

Ranked #131

Among cities in New Mexico for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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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!

Getting Around the Plaza Vieja Neighborhood in Albuquerque, NM

Walk Score®

89 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

84 / 100

Very Bikeable

Biking is convenient for most trips

Transit Score®

43 / 100

Some Transit

A few nearby public transportation options

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 $1,199.

What is the price of a cheap apartment in Plaza Vieja?

The cheapest apartment in Plaza Vieja is Silver Gardens Apartments which is listed at $740, while the average apartment in Plaza Vieja costs $2,200.

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 22 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 $482 which is $1,718 cheaper than the average rent for all rentals in Plaza Vieja.

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.

decorative image for A Local Experts Guide To The Best Budget-Friendly Neighborhoods to Rent in Albuquerque article

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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.