Cheap Apartments for Rent in the Altura Village Neighborhood of Albuquerque, NM from $400 (67 Rentals)

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

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

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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Princeton Hall Apartments
Studio to 1 Bedroom Apartments

Princeton Hall Apartments

318-320 Princeton Dr SEAlbuquerque, NM 87106
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Columbian Apartments
1 Bedroom Apartments

Columbian Apartments

208 Columbia Dr SEAlbuquerque, NM 87106
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Casa Del Rey Sur
1 Bedroom Apartments

Casa Del Rey Sur

112 Cardenas Dr NEAlbuquerque, NM 87108
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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

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1405 Gold Ave SE
1 Bedroom Apartments

1405 Gold Ave SE

1405 Gold Ave SEAlbuquerque, NM 87106
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Kachina Apartments
1 Bedroom Apartments

Kachina Apartments

301 Harvard Dr SEAlbuquerque, NM 87106
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1516 Tijeras Ave NE
1 Bedroom Apartments

1516 Tijeras Ave NE

1516-1522 Tijeras Ave NEAlbuquerque, NM 87106
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Fair Plaza Apartments
1 Bedroom Apartments

Fair Plaza Apartments

5901 Alice Ave NEAlbuquerque, NM 87110
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Columbia Apartments
1 to 2 Bedroom Apartments

Columbia Apartments

205-209 Columbia Dr SEAlbuquerque, NM 87106
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Pine St Studios
2 Bedroom Apartments

Pine St Studios

414 Pine St SEAlbuquerque, NM 87106
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1801 Coal Pl SE
1 Bedroom Apartments

1801 Coal Pl SE

1801 Coal Pl SEAlbuquerque, NM 87106
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1611 Gold Ave SE
Studio Apartments

1611 Gold Ave SE

1611 Gold Ave SEAlbuquerque, NM 87106
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Altura Village, Albuquerque, NM Local Guide

Cheapest Available Altura Village Apartments for Rent

 

The cheapest available apartment rental in the Altura Village area of Albuquerque, NM is a Studio unit found at Desert Creek Apartments priced from $649. The Villas @ Uptown has the second lowest priced unit, which is a Studio apartment currently listed from $700. Here are the most affordable Altura Village apartments for rent in Albuquerque, NM:

Apartment ListingModel NameBed/BathPriced From
Desert Creek ApartmentsSRO-Sleeping room onlyStudio,1BA$649
The Villas @ UptownStudio UpgradeStudio,1BA$700
Nova PointS1 - StudioStudio,1BA$700
Cinnamon TreeStudio RenovatedStudio,1BA$740
Encanto Lofts ApartmentsYucca - StudioStudio,1BA$749
White Oak ApartmentsCasa Del Rey Oeste1BR,1BA$781
Nova ViewA11BR,1BA$800
Cedars - Free Cable & Internet*Yucca1BR,1BA$850
Rock CreekStudioStudio,1BA$855
Canyon Crest0 Bedroom 1 BathroomStudio,1BA$860

Best Value Apartments for Rent in Altura Village, NM

As of May 16, 2025 the best value apartment in the Altura Village area is the $1.41 price per square foot Four Bedroom Two Bath Model at Villa Esperanza in the in the Northwest Quadrant neighborhood starting from $1,586. The second greatest value Altura Village apartment is the 3 Bedroom 2 Bath Model at Sun Pointe Park Apartments starting at $1,275 with a $1.28 price per square foot in the North Valley neighborhood. Here is today’s list of the best values for Altura Village apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Villa EsperanzaFour Bedroom Two Bath4BR,1BA$1.41
Sun Pointe Park Apartments3 Bedroom 2 Bath3BR,2BA$1.28
Four Seasons2br apartment corner unit2BR,1BA$1.10
Arroyo VistaTwo Bedroom, Two Bath (A)2BR,2BA$1.40
Villas Del Cielo1 Bedroom1BR,1BA$1.45
Mont 44 Apartments1 bedroom, 1 bathroom Market1BR,1BA$1.37
North Park ApartmentsBirch1BR,1BA$1.54
Nova ViewA11BR,1BA$1.30
Spacious Townhomes1 bed 1bath1BR,1BA$1.51
White Oak ApartmentsCasa Del Rey Oeste1BR,1BA$1.48

Quick 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.

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Pet Friendly Lifestyle
Altura Village, Albuquerque, NM

Ranked #62

Among neighborhoods in Albuquerque, NM for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving brings you Lifestyle Ratings of neighborhoods, areas, and rental properties across New Mexico including Altura Village, Albuquerque, and the greater Albuquerque area. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including filtering automatically for the best proximity to parks and outdoor amenities, luxury housing options, transit availability, pet-friendly communities, places to raise kids, and more. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap Altura Village Apartments

What is a cheap apartment in Altura Village?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Altura Village is under $860.

What is the price of a cheap apartment in Altura Village?

The cheapest apartment in Altura Village is White Oak Apartments which is listed at $781, while the average apartment in Altura Village costs $1,591.

What types of apartments are the cheapest in Altura Village?

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 46 regular apartments in Altura Village 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 Altura Village?

Cheap apartments in Altura Village have an average cost of $666 which is $925 cheaper than the average rent for all rentals in Altura Village.

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.

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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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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Navigating the Rental Market: Tips for First-Time Renters

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Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.