
Cheap Apartments for Rent in the Thomas Village Neighborhood of Albuquerque, NM from $400 (34 Rentals)
Search the lowest-cost Apartments available for rent right now in the Thomas Village area of Albuquerque.


The Beach

Villa Hermosa

820 Apache Ave NW

911 Fruit Ave NW

Mesa Ridge Apartments

Total Monthly Price
Stride West

The Artisan @ Sawmill Village
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300 San Pasquale Ave NW

Total Monthly Price
Valley Apartments

Total Monthly Price
1204 Sawmill Rd NW

Villas @ Rio

1209 Cordova Ave NW

505 Marble Ave NW

Tucson Apartments

Candelaria Gardens
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Carousel

Villa Nueva Senior Apartments

Sawmill Lofts

5315 Yucca Cir NE

Marbella-Income Restricted Waitlist

Tierra Pointe

Volcanes Commons

Phoenix Apartments
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The Franz

Old Town Casitas

522 14th St NW

Anthea

810 13th St NW

706 Fruit Ave NW

702 Fruit Ave NW

3717 Alamogordo Dr NW
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704 La Poblana Rd NW

819 8th St NW
Thomas Village, Albuquerque, NM Local Guide

How much does it cost to rent an apartment in Thomas Village?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Thomas Village Studio Apartments | $951 | $825 | $1,190 |
| Thomas Village 1 Bedroom Apartments | $1,455 | $950 | $2,195 |
| Thomas Village 2 Bedroom Apartments | $1,703 | $1,050 | $3,995 |
| Thomas Village 3 Bedroom Apartments | $2,036 | $1,341 | $3,925 |
Browse Apartments in this Neighborhood
There are currently 34 rentals with your search options within a 2 mile radius of the Thomas Village Neighborhood of Albuquerque, NM.
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Thomas Village, Albuquerque, NM Local Guide
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Cheapest Available Thomas Village Apartments for Rent
 The cheapest available apartment rental in the Thomas Village area of Albuquerque, NM is a Studio unit found at Tierra Pointe priced from $828. Phoenix Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $950. Here are the most affordable Thomas Village apartments for rent in Albuquerque, NM:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Tierra Pointe | S1 | Studio,1BA | $828 |
| Phoenix Apartments | 1 bedroom 1 bath | 1BR,1BA | $950 |
| Villa Hermosa | The Pueblo | 2BR,1BA | $1,050 |
| The Artisan @ Sawmill Village | Retail Space | Studio, | $1,190 |
| Valley Apartments | Azure Platinum | 1BR,1BA | $1,223 |
| Stride West | a10ar - Renovated | 1BR,1BA | $1,276 |
| Mesa Ridge Apartments | The Sandia | 2BR,2BA | $1,299 |
| Q @ Bosque Trail | Sunflower | 1BR,1BA | $1,365 |
| Villas @ Rio | 1BR/1.0BA | 1BR,1BA | $1,395 |
Best Value Apartments for Rent in Thomas Village, NM
As of April 10, 2026 the best value apartment in the Thomas Village area is the $1.98 price per square foot 2BR/2.0BA Model at Villas @ Rio in the in the Northwest Quadrant neighborhood starting from $2,138. The second greatest value Thomas Village apartment is the Lancaster Model at Huning Castle Apartments starting at $2,050 with a $2.06 price per square foot in the Silver Lofts neighborhood. Here is today’s list of the best values for Thomas Village apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Villas @ Rio | 2BR/2.0BA | 2BR,2BA | $1.98 |
| Huning Castle Apartments | Lancaster | 2BR,2BA | $2.06 |
| Mesa Ridge Apartments | The Sandia | 2BR,2BA | $1.36 |
| Andalucia Villas | Antequera | 1BR,1BA | $2.07 |
| Phoenix Apartments | 3 bedroom 2 bath | 3BR,2BA | $2.07 |
| Villa Hermosa | The Pueblo | 2BR,1BA | $1.19 |
| Griegos Farms | Type A | 1BR,1BA | $2.13 |
| Stride West | a10ar - Renovated | 1BR,1BA | $1.60 |
| Valley Apartments | Azure Platinum | 1BR,1BA | $2.02 |
| Tierra Pointe | S1 | Studio ,1BA | $1.96 |
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Read ArticleThe 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.
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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.
Best Local Schools in Thomas Village, Albuquerque, NM
School data provided by Great Schools
Lifestyle Ratings
ApartmentHomeLiving brings you Lifestyle Ratings of rentals and neighborhoods across the USA, including Thomas Village, Albuquerque, and the greater Albuquerque area. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including searching for the best amenities, and outdoor amenities like tennis courts, features that make it easier to raise kids, raising pets, transit options, and much more. Find Lifestyle Search in the filter options (above). Happy Searching!
Frequently Asked Questions about Cheap Thomas Village Apartments
What is the price of a cheap apartment in Thomas Village?
The cheapest apartment in Thomas Village is Tierra Pointe which is listed at $928, while the average apartment in Thomas Village costs $2,155.
What types of apartments are the cheapest in Thomas Village?
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 28 regular apartments in Thomas Village 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 Thomas Village?
Cheap apartments in Thomas Village have an average cost of $344 which is $1,811 cheaper than the average rent for all rentals in Thomas Village.
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.
Articles, How-To's, and Tips

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.

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.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.