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

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Search the lowest-cost Apartments available for rent right now in the Alvarado Gardens 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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Candelaria Gardens
2 Bedroom Apartments

Candelaria Gardens

820 Candelaria Rd NWAlbuquerque, NM 87107
  • Utilities Included

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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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

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 $841. 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$841
Volcanes CommonsOne Bedroom, One Bath1BR,1BA$902
Valley ApartmentsAzure Platinum1BR,1BA$997
The Artisan @ Sawmill VillageRetail SpaceStudio,1BA$1,120
Stride Westa10ar - Renovated1BR,1BA$1,265

Best Value Apartments for Rent in Alvarado Gardens, NM

As of April 22, 2025 the best value apartment in the Alvarado Gardens area is the $2.49 price per square foot Corporate Suite UV Model at Andalucia Villas in the in the Northwest Quadrant neighborhood starting from $4,050. The second greatest value Alvarado Gardens apartment is the Type C Model at Griegos Farms starting at $2,450 with a $2.29 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.
Andalucia VillasCorporate Suite UV3BR,2BA$2.49
Griegos FarmsType C2BR,2BA$2.29
Poblana PlaceP 2/22BR,2BA$1.83
AydanSage Renovated2BR,2BA$1.50
Stride Westa10ar - Renovated1BR,1BA$1.58
Las Mananitas ApartmentsLennox1BR,1BA$1.72
Monterey PlaceOne Bedroom1BR,1BA$2.14
The Artisan @ Sawmill Village1x1 Market 647 sq.ft.1BR,1BA$2.09
Valley ApartmentsAzure Platinum1BR,1BA$1.65
Volcanes CommonsOne Bedroom, One Bath1BR,1BA$1.53

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Pet Friendly Lifestyle
Alvarado Gardens, Albuquerque, NM

Ranked #108

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

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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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 a cheap apartment in Alvarado Gardens?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Alvarado Gardens is under $1,750.

What is the price of a cheap apartment in Alvarado Gardens?

The cheapest apartment in Alvarado Gardens is Volcanes Commons which is listed at $902, while the average apartment in Alvarado Gardens costs $1,800.

What types of apartments are the cheapest in Alvarado Gardens?

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 11 regular apartments in Alvarado Gardens 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 Alvarado Gardens?

Cheap apartments in Alvarado Gardens have an average cost of $219 which is $1,581 cheaper than the average rent for all rentals in Alvarado Gardens.

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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Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

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Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

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Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.