
Cheap Apartments for Rent in the West Old Town Neighborhood of Albuquerque, NM from $400 (65 Rentals)
Search the lowest-cost Apartments available for rent right now in the West Old Town area of Albuquerque.


Villa De San Felipe

Millennium Flats

513 Candelaria Rd NW

401 14th St NW

The Beach

Silver Moon Lodge

Zocalo Lofts

225 63rd St NW

Alvarado Apartments
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.

Imperial

505 Headingly Ave NW

Villa Hermosa

820 Apache Ave NW

911 Fruit Ave NW

505 Central Lofts

Mehran Lofts

Mesa Ridge Apartments

Total Monthly Price
Nine-O-Nine Apartments

Total Monthly Price
Stride West
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Generations at West Mesa

704 Pacific Ave SW

The Artisan @ Sawmill Village

300 San Pasquale Ave NW

Total Monthly Price
Valley Apartments

Total Monthly Price
1204 Sawmill Rd NW

Q @ Bosque Trail

Villas @ Rio

One Central

1209 Cordova Ave NW
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505 Marble Ave NW

Tucson Apartments

1420 4th St NW

Arcadia Courtyard

Candelaria Gardens

New Life Homes 4

816 Coal Ave SW

El Sol

Carousel

Villa Nueva Senior Apartments
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Sawmill Lofts

5315 Yucca Cir NE

Downtown @ 700

Marbella-Income Restricted Waitlist

West Central Apartments

Rainbow Apartments

El Campo Apartments

The Crossroads

Sterling Downtown

Phoenix Apartments
Check Out Albuquerque’s Best Affordable Neighborhoods
Learn about Albuquerque and the best places to live with original content written by our Local Expert Esther Lombardi
West Old Town, Albuquerque, NM Local Guide

How much does it cost to rent an apartment in West Old Town?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| West Old Town Studio Apartments | $1,093 | $790 | $1,800 |
| West Old Town 1 Bedroom Apartments | $1,293 | $730 | $2,195 |
| West Old Town 2 Bedroom Apartments | $1,417 | $895 | $2,547 |
| West Old Town 3 Bedroom Apartments | $1,549 | $1,150 | $1,800 |
| West Old Town 4 Bedroom Apartments | $1,300 | $1,300 | $1,300 |
Browse Apartments in this Neighborhood
There are currently 65 rentals with your search options within a 2 mile radius of the West Old Town Neighborhood of Albuquerque, NM.
See all Apartments in AlbuquerqueExplore Albuquerque
West Old Town, Albuquerque, NM Local Guide
- Nearby Albuquerque neighborhoods
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Cheapest Available West Old Town Apartments for Rent
 The cheapest available apartment rental in the West Old Town area of Albuquerque, NM is a 1 Bed unit found at Villa De San Felipe priced from $784. Silver Moon Lodge has the second lowest priced unit, which is a Studio apartment currently listed from $897. Here are the most affordable West Old Town apartments for rent in Albuquerque, NM:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Villa De San Felipe | 1x1D | 1BR,1BA | $784 |
| Silver Moon Lodge | Studio | Studio,1BA | $897 |
| Alvarado Apartments | A | Studio,1BA | $949 |
| 505 Central Lofts | Studio | Studio,1BA | $1,000 |
| Mehran Lofts | 1BR/1.0BA | 1BR,1BA | $1,025 |
| Villa Hermosa | The Pueblo | 2BR,1BA | $1,050 |
| Phoenix Apartments | 1 bedroom 1 bath | 1BR,1BA | $1,084 |
| Nine-O-Nine Apartments | Studio | Studio,1BA | $1,095 |
| Generations at West Mesa | Two Bedroom One Bathroom 768 Sq Ft | 2BR,1BA | $1,139 |
| Silver Gardens Apartments | Two Bedroom, Two Bath (60%) - $200 Special | 2BR,2BA | $1,141 |
Best Value Apartments for Rent in West Old Town, NM
As of April 09, 2026 the best value apartment in the West Old Town 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 West Old Town apartment is the The Sandia Model at Mesa Ridge Apartments starting at $1,299 with a $1.36 price per square foot in the Northwest Quadrant neighborhood. Here is today’s list of the best values for West Old Town 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 |
| Mesa Ridge Apartments | The Sandia | 2BR,2BA | $1.36 |
| Villa Hermosa | The Pueblo | 2BR,1BA | $1.19 |
| Stride West | a10ar - Renovated | 1BR,1BA | $1.60 |
| Silver Gardens Apartments | Two Bedroom, Two Bath (60%) - $200 Special | 2BR,2BA | $1.44 |
| Poblana Place | D 1/1 | 1BR,1BA | $1.80 |
| Generations at West Mesa | Two Bedroom One Bathroom 768 Sq Ft | 2BR,1BA | $1.48 |
| Zocalo Lofts | Large One Bedroom | 1BR,1BA | $1.71 |
| Mehran Lofts | 1BR/1.0BA | 1BR,1BA | $1.76 |
| Silver Moon Lodge | Studio | Studio ,1BA | $1.76 |
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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
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Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
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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.
Pet Friendly LifestyleWest Old Town, Albuquerque, NM
Ranked #101
Among cities in New Mexico for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Best Local Schools in West Old Town, Albuquerque, NM
School data provided by Great Schools
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 $1,141.
What is the price of a cheap apartment in West Old Town?
The cheapest apartment in West Old Town is Villa De San Felipe which is listed at $784, while the average apartment in West Old Town costs $1,592.
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 42 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 $454 which is $1,138 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.
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.

Maximizing Your Refund: Essential Tax Tips for Renters
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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.

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Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.