
Cheap Apartments for Rent in the Plaza Vieja Neighborhood of Albuquerque, NM from $400 (40 Rentals)
Search the lowest-cost Apartments available for rent right now in the Plaza Vieja area of Albuquerque.


Encino Terrace Senior

Villa De San Felipe

Total Monthly Price
Union 505

Millennium Flats

513 Candelaria Rd NW

The Beach

Silver Gardens Apartments
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Silver Moon Lodge

Alvarado Apartments

915 Walter St SE

Zocalo Lofts

Calle Cuarta

Tucson Apartments

1420 4th St NW

1405 Gold Ave SE
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219 Walter St NE

Candelaria Gardens

Arcadia Courtyard

123 Walter St NE

210 High St NE

816 Coal Ave SW

El Sol

543 Cedar St SE
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
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545 Cedar St SE

Sawmill Lofts

Aztec Manor

Villa Nueva Senior Apartments

Downtown @ 700

Regina & Walter/Silver Apartments

1320 Dr Martin Luther King Jr Ave NE

Rainbow Apartments
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116 Maple St SE

The Crossroads

1216 High St SE

426 Headingly Ave NW

Sterling Downtown

Imperial

Casitas de Colores

The Franz
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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 | $927 | $700 | $1,800 |
| Plaza Vieja 1 Bedroom Apartments | $1,309 | $750 | $1,950 |
| Plaza Vieja 2 Bedroom Apartments | $1,711 | $1,150 | $2,550 |
| Plaza Vieja 3 Bedroom Apartments | $1,601 | $1,398 | $1,800 |
Browse Apartments in this Neighborhood
There are currently 40 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 Villa De San Felipe priced from $749. Union 505 has the second lowest priced unit, which is a Studio apartment currently listed from $756. Here are the most affordable Plaza Vieja apartments for rent in Albuquerque, NM:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Villa De San Felipe | 0 x 1 B | Studio,1BA | $749 |
| Union 505 | Studio | Studio,1BA | $756 |
| Millennium Flats | Unit Type A | Studio,1BA | $775 |
| Silver Gardens Apartments | Studio (60%) | Studio,1BA | $893 |
| Silver Moon Lodge | Studio | Studio,1BA | $897 |
| Zocalo Lofts | Large Studio with Balcony | Studio,1BA | $1,025 |
| Valley Apartments | Azure Platinum | 1BR,1BA | $1,096 |
| The Artisan @ Sawmill Village | Retail Space | Studio, | $1,190 |
| Nine-O-Nine Apartments | One Bedroom | 1BR,1BA | $1,195 |
| Cresta North Valley | Renovated | 1BR,1BA | $1,225 |
Best Value Apartments for Rent in Plaza Vieja, NM
As of July 01, 2026 the best value apartment in the Plaza Vieja area is the $1.76 price per square foot 2BR/2.0BA Model at Villas @ Rio in the in the Northwest Quadrant neighborhood starting from $1,900. The second greatest value Plaza Vieja apartment is the Two Bedroom - Two Bath Model at Monterey Place starting at $1,700 with a $1.59 price per square foot in the Alamosa 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. |
|---|---|---|---|
| Villas @ Rio | 2BR/2.0BA | 2BR,2BA | $1.76 |
| Monterey Place | Two Bedroom - Two Bath | 2BR,2BA | $1.59 |
| Poblana Place | D+ 1/1 | 1BR,1BA | $1.67 |
| Marquee Village Apartments | KaloDuo | 2BR,1BA | $1.51 |
| 505 Central Lofts | Studio | Studio ,1BA | $1.76 |
| Mehran Lofts | 0BR/1.0BA | Studio ,1BA | $1.78 |
| Nine-O-Nine Apartments | One Bedroom | 1BR,1BA | $1.68 |
| Cresta North Valley | Renovated | 1BR,1BA | $1.75 |
| Valley Apartments | Azure Platinum | 1BR,1BA | $1.81 |
| Silver Moon Lodge | Studio | Studio ,1BA | $1.76 |
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 #131
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 $1,225.
What is the price of a cheap apartment in Plaza Vieja?
The cheapest apartment in Plaza Vieja is Silver Moon Lodge which is listed at $956, while the average apartment in Plaza Vieja costs $1,695.
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 6 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 $177 which is $1,518 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
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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.

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Articles, How-To's, and Tips

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
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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.

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Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.