
Cheap Homes for Rent in West Old Town Neighborhood of Albuquerque, NM from $900 (5 Rentals)
Search the lowest-cost Homes available for rent right now in the West Old Town area of Albuquerque.


2440 Rose Ave NW
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.

907 Stover Ave SW

816 13th St NW
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.

706 Fruit Ave NW
West Old Town, Albuquerque, NM Local Guide

How much does it cost to rent a home in West Old Town?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| West Old Town 2 Bedroom Homes for Rent | $2,109 | $1,399 | $5,200 |
| West Old Town 3 Bedroom Homes for Rent | $1,963 | $1,800 | $2,150 |
Browse Homes for Rent in this Neighborhood
There are currently 5 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 Villa De San Felipe priced from $749. Millennium Flats has the second lowest priced unit, which is a Studio apartment currently listed from $775. 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 | 0 x 1 C | Studio,1BA | $749 |
| Millennium Flats | Unit Type A | Studio,1BA | $775 |
| Silver Gardens Apartments | Studio (60%) | Studio,1BA | $893 |
Best Value Apartments for Rent in West Old Town, NM
As of June 12, 2026 the best value apartment in the West Old Town area is the $1.58 price per square foot Two Bed Two Bath Loft Model at Monterey Place in the in the Alamosa neighborhood starting from $2,325. The second greatest value West Old Town apartment is the 2BR/2.0BA Model at Villas @ Rio starting at $1,900 with a $1.76 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. |
|---|---|---|---|
| Monterey Place | Two Bed Two Bath Loft | 2BR,2BA | $1.58 |
| Villas @ Rio | 2BR/2.0BA | 2BR,2BA | $1.76 |
| Poblana Place | D+ 1/1 | 1BR,1BA | $1.67 |
| Villa Hermosa | The Pueblo Casita | 2BR,1BA | $1.24 |
| Generations at West Mesa | Two Bedroom One Bathroom 768 Sq Ft | 2BR,1BA | $1.52 |
| 505 Central Lofts | Studio | Studio ,1BA | $1.76 |
| Mehran Lofts | 0BR/1.0BA | Studio ,1BA | $1.75 |
| Valley Apartments | Azure Platinum | 1BR,1BA | $1.81 |
| Mesa Ridge Apartments | The Iris | 1BR,1BA | $1.83 |
| 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 #99
Among cities in New Mexico for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in West Old Town, Albuquerque, NM
School data provided by Great Schools
Frequently Asked Questions about West Old Town
What type of rentals are currently available in West Old Town?
There are currently 217 Apartments for Rent in West Old Town, NM with pricing that ranges from $700 to $2,325. There are also 37 Single Family Homes for rent, Condos, and Townhome rentals currently available in West Old Town ranging from $900 to $5,200.
What is the current price range for Rental Homes in West Old Town?
Today's rental pricing for Homes for Rent, Condos and Townhomes in West Old Town ranges from $900 to $5,200 with an average monthly rent of $1,767.
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

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.

The Students Guide to Albuquerque: Top Neighborhoods That Put CNM and UNM Life Within Reach
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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.

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I still recollect my first morning commute in Albuquerque.
Articles, How-To's, and Tips

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
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For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
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Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.