Cheap Apartments for Rent in the West Old Town Neighborhood of Albuquerque, NM from $400 (22 Rentals)

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

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Tucson Apartments
2 Bedroom Apartments

Tucson Apartments

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

Candelaria Gardens

820 Candelaria Rd NWAlbuquerque, NM 87107
  • Utilities Included
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Arcadia Courtyard
1 Bedroom Apartments

Arcadia Courtyard

1020 Park Ave SWAlbuquerque, 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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816 Coal Ave SW
1 to 2 Bedroom Apartments

816 Coal Ave SW

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

Sawmill Lofts

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

5315 Yucca Cir NE

5315 Yucca Cir NEAlbuquerque, NM 87120
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Downtown @ 700
Studio Apartments

Downtown @ 700

700 2nd St NWAlbuquerque, NM 87102
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The Crossroads
Studio Apartments

The Crossroads

315 Central Ave NWAlbuquerque, NM 87102

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 1 Bed unit found at Silver Gardens Apartments priced from $740. Millennium Flats has the second lowest priced unit, which is a Studio apartment currently listed from $795. Here are the most affordable West Old Town apartments for rent in Albuquerque, NM:

Apartment ListingModel NameBed/BathPriced From
Silver Gardens Apartments1 Bedroom (50%)1BR,1BA$740
Millennium FlatsUnit Type BStudio,1BA$795
Villa de San FelipeChelseaStudio,1BA$850
Silver Moon LodgeStudioStudio,1BA$897
ImperialStudio - Call for AvailabilityStudio,1BA$900

Best Value Apartments for Rent in West Old Town, NM

As of November 16, 2025 the best value apartment in the West Old Town area is the $1.92 price per square foot 2BR/2.0BA Model at Villas @ Rio in the in the Northwest Quadrant neighborhood starting from $2,075. The second greatest value West Old Town apartment is the The Pueblo Casita Model at Villa Hermosa starting at $1,163 with a $1.32 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Villas @ Rio2BR/2.0BA2BR,2BA$1.92
Villa HermosaThe Pueblo Casita2BR,1BA$1.32
Stride Westa10ar - Renovated1BR,1BA$1.62
Valley ApartmentsRiver Platinum2BR,1BA$1.48
Phoenix Apartments: Rises Above the Rest!2 bedroom 1 bath2BR,1BA$1.72
Poblana PlaceI 1/11BR,1BA$1.92
Mesa Ridge ApartmentsThe Sage1BR,1BA$1.63
ImperialStudio - Call for AvailabilityStudio ,1BA$1.69
Silver Moon LodgeStudioStudio ,1BA$1.76
Silver Gardens ApartmentsStudio (60%)Studio ,1BA$1.90

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
West Old Town, Albuquerque, NM

Ranked #128

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!

Getting Around the West Old Town Neighborhood in Albuquerque, NM

Walk Score®

85 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

78 / 100

Very Bikeable

Biking is convenient for most trips

Transit Score®

42 / 100

Some Transit

A few nearby public transportation options

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 $1,154.

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 $740, while the average apartment in West Old Town costs $1,747.

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 47 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 $473 which is $1,274 cheaper than the average rent for all rentals in West Old Town.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

decorative image for A Local Experts Guide To The Best Budget-Friendly Neighborhoods to Rent in Albuquerque article

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.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.