
Cheap Apartments for Rent in the Plaza Vieja Neighborhood of Albuquerque, NM from $400 (70 Rentals)
Search the lowest-cost Apartments available for rent right now in the Plaza Vieja area of Albuquerque.


401 14th St NW

Encino Terrace Senior

Millennium Flats

Sage at 601

115 Walter St NE

412 10th St SW

Total Monthly Price
Union 505

The Beach

4700 Central Ave SW
Your Guide to the Best Neighborhoods to Rent Near Albuquerque’s Top Employers
Moving to Albuquerque? Find the best neighborhoods near Sandia Labs, Presbyterian Healthcare Services, and UNM. Cut your commute, boost your quality of life, and find your perfect apartment or rental home.

Silver Moon Lodge

1217-1223 Dr Martin Luther King Jr Ave NE

Total Monthly Price
Valley Apartments

Zocalo Lofts

612 Arno St SE

915 Walter St SE

370 Atrisco Dr SW

1237 Menaul Blvd NW

516 Candelaria Rd NW

Alvarado Apartments
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300 Tijeras Ave NE

300 San Pasquale Ave NW

The Artisan @ Sawmill Village

Total Monthly Price
Nine-O-Nine Apartments

Total Monthly Price
1207 Barelas St SW

Calle Cuarta

Tucson Apartments

417 Sycamore St SE

123 53rd St NW

1420 4th St NW
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217 Walter St NE

1405 Gold Ave SE

1207 Barelas Rd SW

219 Walter St NE

1217-1223 Dr Martin Luther King Jr Ave NE

Arcadia Courtyard

Candelaria Gardens

2404-2406 1/2 Dora Ave NW

210 High St NE

El Sol
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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.

1203 Barelas Rd SW

545 Cedar St SE

Sawmill Lofts

103 Maple St NE

Villa Nueva Senior Apartments

Downtown @ 700

Regina & Walter/Silver Apartments

1320 Dr Martin Luther King Jr Ave NE

Rainbow Apartments

426 Headingly Ave NW
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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 | $926 | $750 | $1,800 |
| Plaza Vieja 1 Bedroom Apartments | $1,249 | $619 | $1,875 |
| Plaza Vieja 2 Bedroom Apartments | $1,605 | $995 | $2,295 |
| Plaza Vieja 3 Bedroom Apartments | $1,628 | $1,398 | $1,800 |
| Plaza Vieja 4 Bedroom Apartments | $1,995 | $1,995 | $1,995 |
Browse Apartments in this Neighborhood
There are currently 70 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 Union 505 priced from $807. Silver Gardens Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $811. Here are the most affordable Plaza Vieja apartments for rent in Albuquerque, NM:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Union 505 | Studio | Studio,1BA | $807 |
| Silver Gardens Apartments | Studio (50%) | Studio,1BA | $811 |
| Silver Moon Lodge | Studio | Studio,1BA | $897 |
| Zocalo Lofts | Studio | Studio,1BA | $925 |
| 521-525 Cedar St SE | 1 Beds, 1 Baths | 1BR,1BA | $945 |
| Sage at 601 | 1 x 1 B | 1BR,1BA | $956 |
| Hacienda South | 1BR/1.0BA | 1BR,1BA | $995 |
| Aztec Manor | Spring into your new home! Beautiful 2 bed 1 bath | 2BR,1BA | $1,050 |
| Valley Apartments | Azure Platinum | 1BR,1BA | $1,059 |
| Alvarado Apartments | A3 | 1BR,1BA | $1,175 |
Best Value Apartments for Rent in Plaza Vieja, NM
As of August 15, 2026 the best value apartment in the Plaza Vieja area is the $0.88 price per square foot 1 Beds, 1 Baths Model at 521-525 Cedar St SE in the in the Southeast Quadrant neighborhood starting from $945. The second greatest value Plaza Vieja apartment is the 2BR/2.0BA Model at Villas @ Rio starting at $1,825 with a $1.69 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. |
|---|---|---|---|
| 521-525 Cedar St SE | 1 Beds, 1 Baths | 1BR,1BA | $0.88 |
| Villas @ Rio | 2BR/2.0BA | 2BR,2BA | $1.69 |
| Marquee Village Apartments | KaloDuo | 2BR,1BA | $1.51 |
| Aztec Manor | Spring into your new home! Beautiful 2 bed 1 bath | 2BR,1BA | $1.31 |
| Phoenix Apartments | 2 bedroom 1 bath | 2BR,1BA | $1.72 |
| Nine-O-Nine Apartments | One Bedroom | 1BR,1BA | $1.68 |
| Cresta North Valley | Renovated | 1BR,1BA | $1.75 |
| Hacienda South | 1BR/1.0BA | 1BR,1BA | $1.53 |
| Valley Apartments | Azure Platinum | 1BR,1BA | $1.75 |
| Sage at 601 | 1 x 1 B | 1BR,1BA | $1.74 |
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 #129
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 $1,175.
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 $865, while the average apartment in Plaza Vieja costs $1,299.
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 1 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 $133 which is $1,166 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

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.

Albuquerque Uncovered: Your Local Expert's 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.

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.

A Local Expert's 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.
Articles, How-To's, and Tips

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.