Cheap Apartments for Rent in the West Park Neighborhood of Albuquerque, NM from $400 (49 Rentals)

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

property at 401 14th St NW

$760 - $825

Studio Rentals

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401 14th St NW

AlbuquerqueNM87104

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.

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Nine-O-Nine Apartments
$1,095 - $1,395
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$1,095 - $1,395

Total Monthly Price
$1,095 - $1,395
Studio to 2 Bedroom Apartments Available Now

Nine-O-Nine Apartments

909 Tijeras Ave NWAlbuquerque, NM 87102
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Valley Apartments
Rent Specials
$1,100 - $1,685
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$1,100 - $1,685

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1 to 3 Bedroom Apartments Available Now

Valley Apartments

1812 Indian School Rd NWAlbuquerque, NM 87104
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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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1420 4th St NW
1 to 2 Bedroom Apartments

1420 4th St NW

1420-1422 4th St NWAlbuquerque, NM 87102
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219 Walter St NE
1 Bedroom Apartments

219 Walter St NE

219-223 Walter St SEAlbuquerque, NM 87102
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Arcadia Courtyard
1 Bedroom Apartments

Arcadia Courtyard

1020 Park Ave SWAlbuquerque, NM 87102
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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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El Sol
1 to 2 Bedroom Apartments

El Sol

1201 Iron Ave SWAlbuquerque, NM 87102

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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Studio Apartments

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401 14th StAlbuquerque, NM 87104
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Sawmill Lofts
1 to 3 Bedroom Apartments

Sawmill Lofts

1801 Bellamah Ave NWAlbuquerque, NM 87104
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Downtown @ 700
Studio Apartments

Downtown @ 700

700 2nd St NWAlbuquerque, NM 87102
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Rainbow Apartments
1 Bedroom Apartments

Rainbow Apartments

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

El Campo Apartments

5800 Central Ave SWAlbuquerque, NM 87105
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The Crossroads
Studio Apartments

The Crossroads

315 Central Ave NWAlbuquerque, NM 87102

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Sterling Downtown
Studio to 2 Bedroom Apartments

Sterling Downtown

800 Silver Ave SWAlbuquerque, NM 87102
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Imperial
Studio to 2 Bedroom Apartments

Imperial

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

The Franz

1716 Central Ave NWAlbuquerque, NM 87104
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Casitas de Colores
Studio to 3 Bedroom Apartments

Casitas de Colores

215 Lead 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

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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Cresta North Valley
Studio to 2 Bedroom Apartments

Cresta North Valley

3308 4th St NWAlbuquerque, NM 87107
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Anthea
1 to 3 Bedroom Apartments

Anthea

950 4th St NWAlbuquerque, NM 87102

West Park, Albuquerque, NM Local Guide

Cheapest Available West Park Apartments for Rent

 

The cheapest available apartment rental in the West Park area of Albuquerque, NM is a Studio unit found at Millennium Flats priced from $790. Villa De San Felipe has the second lowest priced unit, which is a Studio apartment currently listed from $799. Here are the most affordable West Park apartments for rent in Albuquerque, NM:

Apartment ListingModel NameBed/BathPriced From
Millennium FlatsUnit Type AStudio,1BA$790
Villa De San Felipe0x1CStudio,1BA$799
Silver Gardens ApartmentsStudio (60%)Studio,1BA$893
Silver Moon LodgeStudioStudio,1BA$897
Zocalo LoftsStudioStudio,1BA$925
Villa HermosaThe Aztec1BR,1BA$964
Alvarado ApartmentsAStudio,1BA$999
Generations at West MesaTwo Bedroom One Bathroom 768 Sq Ft2BR,1BA$1,050
Nine-O-Nine ApartmentsStudioStudio,1BA$1,095

Best Value Apartments for Rent in West Park, NM

As of May 20, 2026 the best value apartment in the West Park area is the $1.41 price per square foot 817 Slate Ave NW Model at 817 Slate Ave NW, Unit 817 in the in the Hunning Highland neighborhood starting from $1,690. The second greatest value West Park apartment is the L 2/2 Model at Poblana Place starting at $1,795 with a $1.80 price per square foot in the Northwest Quadrant neighborhood. Here is today’s list of the best values for West Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
817 Slate Ave NW, Unit 817817 Slate Ave NW2BR,1BA$1.41
Poblana PlaceL 2/22BR,2BA$1.80
Generations at West MesaTwo Bedroom One Bathroom 768 Sq Ft2BR,1BA$1.37
505 Central LoftsStudioStudio ,1BA$1.76
Mehran Lofts - Gold Avenue Realty, LLC0BR/1.0BAStudio ,1BA$1.75
Cresta North ValleyRenovated1BR,1BA$1.75
Villa HermosaThe Aztec1BR,1BA$1.38
Valley ApartmentsAzure Platinum1BR,1BA$1.82
Silver Moon LodgeStudioStudio ,1BA$1.76
508 5th St SW, Unit C508 5th St SW1BR,1BA$1.90

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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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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Lifestyle Ratings

Our team of engineers and researchers is happy to bring you Lifestyle Ratings of rentals in cities across the United States and customized analysis for Albuquerque, New Mexico. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including our Star Ratings to compare for easy access to the parks, luxury amenities, pet-friendly features, places that make kids happy, proximity to transit, and much more. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Frequently Asked Questions about Cheap West Park Apartments

What is a cheap apartment in West Park?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in West Park is under $1,095.

What is the price of a cheap apartment in West Park?

The cheapest apartment in West Park is Villa Hermosa which is listed at $964, while the average apartment in West Park costs $1,685.

What types of apartments are the cheapest in West Park?

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 39 regular apartments in West Park 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 Park?

Cheap apartments in West Park have an average cost of $578 which is $1,107 cheaper than the average rent for all rentals in West Park.

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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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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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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Albuquerque Uncovered: Your Local Experts Guide to the High Desert City

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

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I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

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.