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

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

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Valley Apartments
$981 - $1,683
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$981 - $1,683

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1 to 3 Bedroom Apartments Available Now

Valley Apartments

1812 Indian School Rd NWAlbuquerque, NM 87104
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Stride West
$1,257 - $2,407
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$1,257 - $2,407

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1 to 2 Bedroom Apartments Available Now

Stride West

6101 Sequoia Rd NWAlbuquerque, NM 87120
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  • Utilities Included

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.

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Tucson Apartments
2 Bedroom Apartments

Tucson Apartments

5401-5405 Tucson Rd NWAlbuquerque, NM 87120
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Candelaria Gardens
2 Bedroom Apartments

Candelaria Gardens

820 Candelaria Rd NWAlbuquerque, NM 87107
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Sawmill Lofts
1 to 3 Bedroom Apartments

Sawmill Lofts

1801 Bellamah Ave NWAlbuquerque, NM 87104
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5315 Yucca Cir NE
2 Bedroom Apartments

5315 Yucca Cir NE

5315 Yucca Cir NEAlbuquerque, NM 87120

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.

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Volcanes Commons
1 to 3 Bedroom Apartments

Volcanes Commons

6901 Glenrio Rd NWAlbuquerque, NM 87121
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Tierra Pointe
Studio to 3 Bedroom Apartments

Tierra Pointe

6901-6901 Los Volcanes Rd NWAlbuquerque, NM 87121
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The Franz
Studio to 1 Bedroom Apartments

The Franz

1716 Central Ave NWAlbuquerque, NM 87104
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Old Town Casitas
1 to 2 Bedroom Apartments

Old Town Casitas

200 Rio Grande Blvd SWAlbuquerque, NM 87104

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Anthea
1 to 3 Bedroom Apartments

Anthea

950 4th St NWAlbuquerque, NM 87102
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Phoenix Apartments
1 to 3 Bedroom Apartments

Phoenix Apartments

1720 Atrisco Dr NWAlbuquerque, NM 87105

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Thomas Village, Albuquerque, NM Local Guide

Cheapest Available Thomas Village Apartments for Rent

 

The cheapest available apartment rental in the Thomas Village area of Albuquerque, NM is a 1 Bed unit found at Tierra Pointe priced from $992. Villa Hermosa has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,065. Here are the most affordable Thomas Village apartments for rent in Albuquerque, NM:

Apartment ListingModel NameBed/BathPriced From
Tierra PointeA11BR,1BA$992
Villa HermosaThe Aztec1BR,1BA$1,065
Valley ApartmentsAzure Platinum1BR,1BA$1,096
Mesa Ridge ApartmentsThe Rose1BR,1BA$1,169
The Artisan @ Sawmill VillageRetail SpaceStudio,$1,190
Villas @ Rio1BR/1.0BA1BR,1BA$1,425
Stride Westa10ar - Renovated1BR,1BA$1,442
Monterey PlaceOne Bedroom1BR,1BA$1,550
Overture Andalucia 55+ Active Adult Apartment HomesS11BR,1BA$1,673
Andalucia VillasAntequera1BR,1BA$1,785

Best Value Apartments for Rent in Thomas Village, NM

As of July 10, 2026 the best value apartment in the Thomas Village 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 Thomas Village apartment is the Dover Building A & B Model at Huning Castle Apartments starting at $2,150 with a $2.12 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Villas @ Rio2BR/2.0BA2BR,2BA$1.76
Huning Castle ApartmentsDover Building A & B2BR,2BA$2.12
Andalucia VillasAntequera1BR,1BA$1.98
Stride Westa10ar - Renovated1BR,1BA$1.80
Mesa Ridge ApartmentsThe Rose1BR,1BA$1.61
Villa HermosaThe Aztec1BR,1BA$1.53
Monterey PlaceOne Bedroom1BR,1BA$2.37
Valley ApartmentsAzure Platinum1BR,1BA$1.81
Tierra PointeA11BR,1BA$2.08
The Artisan @ Sawmill Village1x1 Market 420 sq.ft.1BR,1BA$2.98

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.

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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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Real 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.

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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 $992, while the average apartment in Thomas Village costs $1,900.

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 23 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 $268 which is $1,632 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.

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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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