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from $649Studio to 2 Bedroom Apartments Available Now
Encanto Lofts Apartments
4501 Shepard Rd NEAlbuquerque, NM 87110
Cheap Apartments for Rent in the Alvarado Park Neighborhood of Albuquerque, NM from $400 (45 Rentals)
Search the lowest-cost Apartments available for rent right now in the Alvarado Park area of Albuquerque.
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Rent Specials
from $650Studio to 2 Bedroom Apartments Available Now
Cinnamon Tree
7220 Central Ave SEAlbuquerque, NM 87108
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from $700Studio to 3 Bedroom Apartments Available Now
The Villas @ Uptown
6230 Indian School Rd NEAlbuquerque, NM 87110
7600 Central Ave SE
AlbuquerqueNM87108
536 Alcazar St SE
AlbuquerqueNM87108
305 Wisconsin St NE
AlbuquerqueNM87108
8620 Northeastern Blvd NE
AlbuquerqueNM87112
310 La Veta Dr
AlbuquerqueNM87108
4211 Mesa Grande Pl SE
AlbuquerqueNM87108
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from $799Studio to 2 Bedroom Apartments Available Now
Cedars - Free Cable & Internet*
1700-1901 Indian Plaza Dr NEAlbuquerque, NM 87106
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from $800Studio to 2 Bedroom Apartments Available Now
Nova Point
1001 Louisiana Blvd NEAlbuquerque, NM 87110
143 General Arnold St NE
AlbuquerqueNM87123
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Studio to 1 Bedroom Apartments
Princeton Hall Apartments
318-320 Princeton Dr SEAlbuquerque, NM 87106
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Showing Results 1-45, Page 1 of 1
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 | $990 | $649 | $3,159 |
| Alvarado Park 1 Bedroom Apartments | $1,255 | $700 | $3,580 |
| Alvarado Park 2 Bedroom Apartments | $1,510 | $825 | $4,086 |
| Alvarado Park 3 Bedroom Apartments | $1,566 | $1,167 | $2,100 |
| Alvarado Park 4 Bedroom Apartments | $1,852 | $1,504 | $2,200 |
Browse Apartments in this Neighborhood
There are currently 45 rentals with your search options within a 2 mile radius of the Alvarado Park Neighborhood of Albuquerque, NM.
See all Apartments in AlbuquerqueExplore Albuquerque
Alvarado Park, Albuquerque, NM Local Guide
- Nearby Albuquerque neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
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 Encanto Lofts Apartments priced from $649. Cinnamon Tree has the second lowest priced unit, which is a Studio apartment currently listed from $650. Here are the most affordable Alvarado Park apartments for rent in Albuquerque, NM:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Encanto Lofts Apartments | Juniper - Junior One Bedroom One Bath | Studio,1BA | $649 |
| Cinnamon Tree | Studio | Studio,1BA | $650 |
| The Villas @ Uptown | Studio Upgrade | Studio,1BA | $700 |
| White Oak Apartments | Casa Del Rey Oeste | 1BR,1BA | $781 |
| Nova Point | S1 - Studio | Studio,1BA | $800 |
| Cedars - Free Cable & Internet* | Yucca | 1BR,1BA | $850 |
| Rock Creek | Studio | Studio,1BA | $855 |
| 444 Florida Playa del Sol | 1 Bedroom / 1 Bath | 1BR,1BA | $899 |
| Nova View | S2 | Studio,1BA | $900 |
Best Value Apartments for Rent in Alvarado Park, NM
As of March 23, 2025 the best value apartment in the Alvarado Park area is the $1.35 price per square foot 2x2_1200 Model at Landmark Apartments in the in the Uptown Albuquerque neighborhood starting from $1,615. The second greatest value Alvarado Park apartment is the 2x2_1108 Model at Uptown Square starting at $1,495 with a $1.35 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. |
|---|---|---|---|
| Landmark Apartments | 2x2_1200 | 2BR,2BA | $1.35 |
| Uptown Square | 2x2_1108 | 2BR,2BA | $1.35 |
| Large quiet two bedroom | 2 bedroom 2 bath | 2BR,2BA | $1.34 |
| Theta Apartments | KaloDuo | 2BR,2BA | $1.14 |
| 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 |
| 412 Columbia Dr SE, Unit A | 412 Columbia Dr SE | 1BR,1BA | $1.50 |
| 444 Florida Playa del Sol | 1 Bed / 1 Bath Remodel | 1BR,1BA | $1.47 |
| White Oak Apartments | Casa Del Rey Oeste | 1BR,1BA | $1.48 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleAlvarado Park, Albuquerque, NM
Ranked #122
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 a cheap apartment in Alvarado Park?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Alvarado Park is under $900.
What is the price of a cheap apartment in Alvarado Park?
The cheapest apartment in Alvarado Park is Cinnamon Tree which is listed at $745, while the average apartment in Alvarado Park costs $1,852.
What types of apartments are the cheapest in Alvarado 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 352 regular apartments in Alvarado 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 Alvarado Park?
Cheap apartments in Alvarado Park have an average cost of $549 which is $1,303 cheaper than the average rent for all rentals in Alvarado Park.
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.