
Cheap Apartments for Rent in the West Old Town Neighborhood of Albuquerque, NM from $400 (60 Rentals)
Search the lowest-cost Apartments available for rent right now in the West Old Town area of Albuquerque.


401 14th St NW

Bluewater Village

513 Candelaria Rd NW

Millennium Flats

Sage at 601

The Beach

Silver Moon Lodge

Total Monthly Price
Valley Apartments

Zocalo Lofts
Your Guide to the Best Neighborhoods to Rent Near Albuquerque’s Top Employers
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233 63rd St NW

1237 Menaul Blvd NW

370 Atrisco Dr SW

Alvarado Apartments

516 Candelaria Rd NW

Villa Hermosa

Mesa Ridge Apartments

300 San Pasquale Ave NW

The Artisan @ Sawmill Village

Total Monthly Price
Nine-O-Nine Apartments
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Total Monthly Price
1207 Barelas St SW

Total Monthly Price
Stride West

Total Monthly Price
1204 Sawmill Rd NW

505 Central Lofts

Tucson Apartments

123 53rd St NW

1420 4th St NW

1207 Barelas Rd SW

Arcadia Courtyard

Candelaria Gardens
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2404-2406 1/2 Dora Ave NW

816 Coal Ave SW

El Sol

1203 Barelas Rd SW

Sawmill Lofts

5315 Yucca Cir NE

Villa Nueva Senior Apartments

Downtown @ 700

New Life Homes 4

Marbella-Income Restricted Waitlist
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West Central Apartments

Rainbow Apartments

El Campo Apartments

426 Headingly Ave NW

The Crossroads

Sterling Downtown

Imperial

117 40th St NW

The Franz

Casitas de Colores
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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 | $942 | $750 | $1,800 |
| West Old Town 1 Bedroom Apartments | $1,299 | $619 | $1,875 |
| West Old Town 2 Bedroom Apartments | $1,480 | $895 | $2,295 |
| West Old Town 3 Bedroom Apartments | $1,558 | $1,150 | $1,800 |
| West Old Town 4 Bedroom Apartments | $1,647 | $1,300 | $1,995 |
Browse Apartments in this Neighborhood
There are currently 60 rentals with your search options within a 2 mile radius of the West Old Town Neighborhood of Albuquerque, NM.
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West Old Town, Albuquerque, NM Local Guide
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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 Studio unit found at Sage at 601 priced from $799. Silver Gardens Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $811. Here are the most affordable West Old Town apartments for rent in Albuquerque, NM:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Sage at 601 | 0 x 1 B | Studio,1BA | $799 |
| Silver Gardens Apartments | Studio (50%) | Studio,1BA | $811 |
| Silver Moon Lodge | Studio | Studio,1BA | $897 |
| Alvarado Apartments | A | Studio,1BA | $999 |
| Generations at West Mesa | Two Bedroom One Bathroom 768 Sq Ft | 2BR,1BA | $1,031 |
| Valley Apartments | River | 2BR,1BA | $1,044 |
| Villa Hermosa | The Aztec | 1BR,1BA | $1,065 |
| Mesa Ridge Apartments | The Sage | 1BR,1BA | $1,089 |
| The Artisan @ Sawmill Village | Retail Space | Studio, | $1,190 |
| Nine-O-Nine Apartments | One Bedroom | 1BR,1BA | $1,195 |
Best Value Apartments for Rent in West Old Town, NM
As of August 08, 2026 the best value apartment in the West Old Town area is the $1.69 price per square foot 2BR/2.0BA Model at Villas @ Rio in the in the Northwest Quadrant neighborhood starting from $1,825. The second greatest value West Old Town apartment is the 2 bedroom 1 bath Model at Phoenix Apartments starting at $1,331 with a $1.72 price per square foot in the Rancho Encantado 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 | $1.69 |
| Phoenix Apartments | 2 bedroom 1 bath | 2BR,1BA | $1.72 |
| Generations at West Mesa | Two Bedroom One Bathroom 768 Sq Ft | 2BR,1BA | $1.34 |
| 505 Central Lofts | Studio | Studio ,1BA | $1.76 |
| Mehran Lofts - Gold Avenue Realty, LLC | 0BR/1.0BA | Studio ,1BA | $1.78 |
| Nine-O-Nine Apartments | One Bedroom | 1BR,1BA | $1.68 |
| Villa Hermosa | The Aztec | 1BR,1BA | $1.53 |
| Mesa Ridge Apartments | The Sage | 1BR,1BA | $1.67 |
| Valley Apartments | Azure Platinum | 1BR,1BA | $1.79 |
| 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 LifestyleWest Old Town, Albuquerque, NM
Ranked #125
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 $1,195.
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 $1,319.
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 16 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 $212 which is $1,107 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

Your Guide to the Best Neighborhoods to Rent Near Albuquerques Top Employers
Written by: Esther Lombardi
I still recollect my first morning commute in Albuquerque.

Albuquerque Uncovered: Your Local Expert's Guide to the High Desert City
Written by: Esther Lombardi
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.

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.

A Local Expert's 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.
Articles, How-To's, and Tips

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
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Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
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.