
Cheap Apartments for Rent in the Alvarado Park Neighborhood of Albuquerque, NM from $400 (42 Rentals)
Search the lowest-cost Apartments available for rent right now in the Alvarado Park area of Albuquerque.


The Villas @ Uptown

536 Alcazar St SE

Cinnamon Tree

305 Wisconsin St NE

8620 Northeastern Blvd NE

310 La Veta Dr

Nova Point

Cedars - Free Cable & Internet*

Princeton Hall Apartments
Alvarado Park, Albuquerque, NM Local Guide

How much does it cost to rent an apartment in Alvarado Park?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Alvarado Park Studio Apartments | $1,055 | $699 | $3,204 |
Alvarado Park 1 Bedroom Apartments | $1,240 | $700 | $3,625 |
Alvarado Park 2 Bedroom Apartments | $1,535 | $825 | $4,166 |
Alvarado Park 3 Bedroom Apartments | $1,618 | $1,167 | $2,300 |
Alvarado Park 4 Bedroom Apartments | $1,852 | $1,504 | $2,200 |
Browse Apartments in this Neighborhood
There are currently 42 rentals with your search options within a 2 mile radius of the Alvarado Park Neighborhood of Albuquerque, NM.
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Alvarado Park, Albuquerque, NM Local Guide
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Cheapest Available Alvarado Park Apartments for Rent
 The cheapest available apartment rental in the Alvarado Park area of Albuquerque, NM is a Studio unit found at The Villas @ Uptown priced from $700. Encanto Lofts Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $719. Here are the most affordable Alvarado Park apartments for rent in Albuquerque, NM:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
The Villas @ Uptown | Studio Upgrade | Studio,1BA | $700 |
Encanto Lofts Apartments | Juniper - Junior One Bedroom One Bath | Studio,1BA | $719 |
Cinnamon Tree | Studio | Studio,1BA | $736 |
White Oak Apartments | Casa Del Rey Oeste | 1BR,1BA | $781 |
Nova Point | S1 - Studio | Studio,1BA | $795 |
Cedars - Free Cable & Internet* | Yucca | 1BR,1BA | $850 |
Rock Creek | Studio | Studio,1BA | $855 |
Pinewood Estates | Studio | Studio,1BA | $865 |
Nova View | S2 | Studio,1BA | $895 |
444 Florida Playa del Sol | 1 Bedroom / 1 Bath | 1BR,1BA | $899 |
Best Value Apartments for Rent in Alvarado Park, NM
As of March 12, 2025 the best value apartment in the Alvarado Park area is the $0.78 price per square foot 615 Valencia Dr SE Model at 615 Valencia Dr SE in the in the South San Pedro neighborhood starting from $2,000. The second greatest value Alvarado Park apartment is the 7000 Dellwood Rd NE Model at 7000 Dellwood Rd NE starting at $2,299 with a $1.26 price per square foot in the Northeast Quadrant neighborhood. Here is today’s list of the best values for Alvarado Park apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
615 Valencia Dr SE | 615 Valencia Dr SE | 4BR,2BA | $0.78 |
7000 Dellwood Rd NE | 7000 Dellwood Rd NE | 3BR,2BA | $1.26 |
Landmark Apartments | 2x2_1200 | 2BR,2BA | $1.36 |
Uptown Square | 2x2_1108 | 2BR,2BA | $1.35 |
Large quiet two bedroom | 2 bedroom 2 bath | 2BR,2BA | $1.42 |
Theta Apartments | KaloSolo-Premium | 1BR,1BA | $1.18 |
1038 Texas St NE, Unit A | 1038 Texas St NE | 2BR,1BA | $1.06 |
Villa Esperanza | Two Bedroom One and a Half Bath | 2BR,1BA | $1.37 |
Pinon Terrace | One Bedroom - Fully Remodeled | 1BR,1BA | $1.37 |
Spacious Townhomes | 2/BED/1 BATH | 2BR,1BA | $1.22 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleAlvarado Park, Albuquerque, NM
Ranked #103
Among neighborhoods in Albuquerque, NM for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Alvarado Park, Albuquerque, NM
School data provided by Great Schools
Best Local Schools in Alvarado Park, Albuquerque, NM
School data provided by Great Schools
Lifestyle Ratings
ApartmentHomeLiving brings you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals in cities across the United States and customized analysis for East Central Albuquerque, NM. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including rankings of the best places for the best outdoor access, luxury amenities, family-friendly amenities, raising pets, transit options, and other valuable search options. Find Lifestyle Search in the filter options (above). Happy Searching!
Getting Around the Alvarado Park Neighborhood in Albuquerque, NM
Walk Score®
72 / 100
Very Walkable
Most errands can be accomplished on foot
Bike Score®
87 / 100
Very Bikeable
Biking is convenient for most trips
Transit Score®
37 / 100
Some Transit
A few nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Alvarado Park Apartments
What is the Cheapest Studio apartment in Alvarado Park?
Currently the most affordable Cheap Studio Apartment in Alvarado Park is at The Villas @ Uptown listed at $700.
How much is rent for a Cheap One Bedroom Alvarado Park Apartment?
The lowest price for a Cheap One Bedroom Alvarado Park Apartment is $774 at Encanto Lofts Apartments.
What is the lowest price for a Cheap Two Bedroom Alvarado Park Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Alvarado Park is starting from $859 at Cinnamon Tree.
What is the most affordable Alvarado Park Three Bedroom Apartment?
The best deal on a cheap Alvarado Park Three Bedroom Apartment rental is at Villa Esperanza and starts from $1,167.
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.

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.

What to Know About Fees and Fines When Renting
Written by: Trey Huguley
When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

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.

How Your Move-In Inspection Can Protect Your Security Deposit
Written by: Christine Leonard, Esq.
If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.