Cheap Apartments for Rent in the West Old Town Neighborhood of Albuquerque, NM from $444 (54 Rentals)

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Search the lowest-cost Apartments available for rent right now in the West Old Town area of Albuquerque.

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.

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Valley Apartments
$1,184 - $1,484

Total Monthly Price

Base Rent$1,184 - $1,484

Total Monthly PriceVaries
1 to 3 Bedroom Apartments Available Now

Valley Apartments

1812 Indian School Rd NWAlbuquerque, NM 87104
Affordability
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Nine-O-Nine Apartments
$1,195 - $1,395

Total Monthly Price

Base Rent$1,195 - $1,395

Total Monthly Price$1,195 - $1,395
1 to 2 Bedroom Apartments Available Now

Nine-O-Nine Apartments

909 Tijeras Ave NWAlbuquerque, NM 87102
Transit Friendly
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  • Utilities Included
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2311 New York Ave SW
$1,200

Total Monthly Price

Base Rent$1,200

Total Monthly Price$1,200
1 Bedroom Apartment Available Now

2311 New York Ave SW

2311 New York Ave SWAlbuquerque, NM 87104
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Stride West
Rent Specials
$1,236 - $2,342

Total Monthly Price

Base Rent$1,236 - $2,342

Total Monthly PriceVaries
1 to 2 Bedroom Apartments Available Now

Stride West

6101 Sequoia Rd NWAlbuquerque, NM 87120
Corporate Housing
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  • Utilities Included
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Tucson Apartments
2 Bedroom Apartments

Tucson Apartments

5401-5405 Tucson Rd NWAlbuquerque, NM 87120
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123 53rd St NW
1 to 3 Bedroom Apartments

123 53rd St NW

123 53rd St NWAlbuquerque, NM 87105

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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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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1207 Barelas Rd SW
3 Bedroom Apartments

1207 Barelas Rd SW

1207 Barelas Rd SWAlbuquerque, 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
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El Sol
1 to 2 Bedroom Apartments

El Sol

1201 Iron Ave SWAlbuquerque, NM 87102
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1203 Barelas Rd SW
Studio to 1 Bedroom Apartments

1203 Barelas Rd SW

1203 Barelas Rd SWAlbuquerque, NM 87102
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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

Albuquerque Uncovered: Your Local Expert's Guide to the High Desert City

Find your perfect spot in ABQ. Get a local's breakdown of Albuquerque neighborhoods like Nob Hill and Downtown, plus tips on navigating the city’s unique charm and high-desert lifestyle.

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Downtown @ 700
Studio Apartments

Downtown @ 700

700 2nd St NWAlbuquerque, NM 87102
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New Life Homes 4
1 Bedroom Apartments

New Life Homes 4

6600 Delia Rd SWAlbuquerque, NM 87121
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Rainbow Apartments
1 Bedroom Apartments

Rainbow Apartments

4600 Central Ave SWAlbuquerque, NM 87105
  • Utilities Included
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El Campo Apartments
Studio to 1 Bedroom Apartments

El Campo Apartments

5800 Central Ave SWAlbuquerque, NM 87105
  • Utilities Included
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The Crossroads
Studio Apartments

The Crossroads

315 Central Ave NWAlbuquerque, NM 87102
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Imperial
Studio to 2 Bedroom Apartments

Imperial

205 Silver Ave SWAlbuquerque, NM 87102
  • Utilities Included
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The Franz
Studio to 1 Bedroom Apartments

The Franz

1716 Central Ave NWAlbuquerque, NM 87104

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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.

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Casitas de Colores
Studio to 3 Bedroom Apartments

Casitas de Colores

215 Lead Ave SWAlbuquerque, NM 87102
  • Utilities Included
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1003 4th St NW
1 to 2 Bedroom Apartments

1003 4th St NW

1003 4th St NWAlbuquerque, NM 87102
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Sterling Downtown
Studio to 2 Bedroom Apartments

Sterling Downtown

800 Silver Ave SWAlbuquerque, NM 87102
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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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120 10th St NW
Studio to 3 Bedroom Apartments

120 10th St NW

120 10th St NWAlbuquerque, NM 87102
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Hacienda South
1 to 2 Bedroom Apartments

Hacienda South

816 Coal Ave SWAlbuquerque, NM 87102
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Anthea
1 to 3 Bedroom Apartments

Anthea

950 4th St NWAlbuquerque, NM 87102

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West Old Town, Albuquerque, NM Local Guide

Cheapest Available West Old Town Apartments for Rent

 

The cheapest available apartment rental in the West Old Town area of Albuquerque, NM is a Studio unit found at Millennium Flats priced from $795. Sage at 601 has the second lowest priced unit, which is a Studio apartment currently listed from $799. Here are the most affordable West Old Town apartments for rent in Albuquerque, NM:

Apartment ListingModel NameBed/BathPriced From
Millennium FlatsUnit Type BStudio, 1BA$795
Sage at 6010 x 1 AStudio, 1BA$799
Silver Gardens Apartments1 Bedroom (50%)1BR, 1BA$865
Silver Moon LodgeStudioStudio, 1BA$897
Villa HermosaThe Pueblo2BR, 1BA$1,008
Alvarado ApartmentsAStudio, 1BA$1,025
Generations at West MesaTwo Bedroom One Bathroom 768 Sq Ft2BR, 1BA$1,050
Hacienda South1BR/1.0BA1BR, 1BA$1,150
The Artisan @ Sawmill VillageRetail SpaceStudio, $1,190
Nine-O-Nine ApartmentsOne Bedroom1BR, 1BA$1,195

Best Value Apartments for Rent in West Old Town, NM

As of September 22, 2026 the best value apartment in the West Old Town area is the $1.73 price per square foot 2BR/2.0BA Model at Villas @ Rio in the Northwest Quadrant neighborhood starting from $1,825. The second greatest value West Old Town apartment is the 2311 New York Ave SW Model at 2311 New York Ave SW in the Alamosa neighborhood starting at $1,200 with a $1.41 price per square foot. Here is today’s list of the best values for West Old Town apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Villas @ Rio2BR/2.0BA2BR, 2BA$1.73
2311 New York Ave SW2311 New York Ave SW1BR, 1BA$1.41
Stride Westa10ar - Renovated1BR, 1BA$1.73
Valley ApartmentsRiver Plat2BR, 1BA$1.83
Generations at West MesaTwo Bedroom One Bathroom 768 Sq Ft2BR, 1BA$1.37
Nine-O-Nine ApartmentsOne Bedroom1BR, 1BA$1.68
Villa HermosaThe Aztec1BR, 1BA$1.52
Hacienda South1BR/1.0BA1BR, 1BA$1.77
Silver Gardens Apartments1 Bedroom (50%)1BR, 1BA$1.40
Silver Moon LodgeStudioStudio, 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.

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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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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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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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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
West Old Town, Albuquerque, NM

Ranked #125

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

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving brings you Lifestyle Ratings of neighborhoods, cities and towns, and rental properties across New Mexico and customized analysis for Albuquerque, New Mexico. 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, pet-friendly features, family-friendly amenities, proximity to transit, and how walkable or bikeable each community and area is. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Frequently Asked Questions about Cheap West Old Town Apartments

What is a cheap apartment in West Old Town?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in West Old Town is under $1,195.

What is the price of a cheap apartment in West Old Town?

The cheapest apartment in West Old Town is Silver Gardens Apartments which is listed at $865, while the average apartment in West Old Town costs $1,347.

What types of apartments are the cheapest in West Old Town?

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 15 regular apartments in West Old Town 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 West Old Town?

Cheap apartments in West Old Town have an average cost of $216 which is $1,131 cheaper than the average rent for all rentals in West Old Town.

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

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