Cheap Apartments for Rent in the Alvarado Gardens Neighborhood of Albuquerque, NM from $400 (12 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

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.

close
View Me
Tucson Apartments
2 Bedroom Apartments

Tucson Apartments

5401-5405 Tucson Rd NWAlbuquerque, NM 87120

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

close
View Me
Candelaria Gardens
2 Bedroom Apartments

Candelaria Gardens

820 Candelaria Rd NWAlbuquerque, NM 87107
  • Utilities Included
close
View Me
Sawmill Lofts
1 to 3 Bedroom Apartments

Sawmill Lofts

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

5315 Yucca Cir NE

5315 Yucca Cir NEAlbuquerque, NM 87120

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.

Alvarado Gardens, Albuquerque, NM Local Guide

Cheapest Available Alvarado Gardens Apartments for Rent

 

The cheapest available apartment rental in the Alvarado Gardens area of Albuquerque, NM is a Studio unit found at Union 505 priced from $840. Volcanes Commons has the second lowest priced unit, which is a 1 Bed apartment currently listed from $902. Here are the most affordable Alvarado Gardens apartments for rent in Albuquerque, NM:

Apartment ListingModel NameBed/BathPriced From
Union 505StudioStudio,1BA$840
Volcanes CommonsOne Bedroom, One Bath1BR,1BA$902
Valley ApartmentsAzure Platinum1BR,1BA$1,042
Stride Westa10a1BR,1BA$1,111
The Artisan @ Sawmill VillageRetail SpaceStudio,$1,120

Best Value Apartments for Rent in Alvarado Gardens, NM

As of May 11, 2025 the best value apartment in the Alvarado Gardens area is the $1.59 price per square foot Delray Model at Las Mananitas Apartments in the in the Northwest Quadrant neighborhood starting from $1,725. The second greatest value Alvarado Gardens apartment is the P 2/2 Model at Poblana Place starting at $1,795 with a $1.83 price per square foot in the Northwest Quadrant neighborhood. Here is today’s list of the best values for Alvarado Gardens apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Las Mananitas ApartmentsDelray2BR,2BA$1.59
Poblana PlaceP 2/22BR,2BA$1.83
Villa HermosaThe Pueblo2BR,1BA$1.32
AydanSage Renovated2BR,2BA$1.69
Stride Westa10ar - Renovated1BR,1BA$1.62
1720 Atrisco - Units Available for Pre-lease2 bedroom 1 bath2BR,1BA$1.75
Monterey PlaceOne Bedroom1BR,1BA$2.14
The Artisan @ Sawmill Village1x1 Market 647 sq.ft.1BR,1BA$2.09
Valley ApartmentsAzure Platinum1BR,1BA$1.72
Volcanes CommonsOne Bedroom, One Bath1BR,1BA$1.53

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.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
Alvarado Gardens, Albuquerque, NM

Ranked #97

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

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

decorative image of woman handing cat to small boy

Lifestyle Ratings

This website compares millions of points of data to bring you our detailed rental search system called 'Lifestyle ratings', composed of rentals in areas across the United States, including Albuquerque. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including rankings of the best places for the best outdoor access, luxury amenities, transit availability, pet-friendly communities, family-friendly amenities, and much more. Find Lifestyle Search in the filter options (above). Happy Searching!

Getting Around the Alvarado Gardens Neighborhood in Albuquerque, NM

Walk Score®

13 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

70 / 100

Very Bikeable

Biking is convenient for most trips

Transit Score®

14 / 100

Minimal Transit

It may be possible to get on a bus

Frequently Asked Questions about Cheap Alvarado Gardens Apartments

What is the Cheapest Studio apartment in Alvarado Gardens?

Currently the most affordable Cheap Studio Apartment in Alvarado Gardens is at Union 505 listed at $840.

How much is rent for a Cheap One Bedroom Alvarado Gardens Apartment?

The lowest price for a Cheap One Bedroom Alvarado Gardens Apartment is $902 at Volcanes Commons.

What is the lowest price for a Cheap Two Bedroom Alvarado Gardens Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Alvarado Gardens is starting from $1,073 at Volcanes Commons.

What is the most affordable Alvarado Gardens Three Bedroom Apartment?

The best deal on a cheap Alvarado Gardens Three Bedroom Apartment rental is at Volcanes Commons and starts from $1,232.

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

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.

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

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.

decorative image for Navigating the Rental Market: Tips for First-Time Renters article

Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

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

decorative image for Rise of Digital Nomads: Remote Work Tips for Apartment Renters article

Rise of Digital Nomads: Remote Work Tips for Apartment Renters

Written by: Brandie Parton

As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.