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from $740Studio Apartments Available Now
Millennium Flats - Washer-Dryer Included
1020 Central Ave SWAlbuquerque, NM 87102
Cheap Apartments for Rent in the Old Town Albuquerque Neighborhood of Albuquerque, NM from $600 (9 Rentals)
Search the lowest-cost Apartments available for rent right now in the Old Town Albuquerque area of Albuquerque.
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from $840Studio to 3 Bedroom Apartments Contact Us For Availability
The Beach
2525 Tingley Dr SWAlbuquerque, NM 87104
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from $9971 to 3 Bedroom Apartments Available Now
Valley Apartments
1800-1812 Indian School Rd NWAlbuquerque, NM 87104
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from $999Studio to 2 Bedroom Apartments Available Now
Alvarado Apartments
611 Lead Ave SWAlbuquerque, NM 87102
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406 15th St NW
AlbuquerqueNM87104
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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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Old Town Albuquerque, Albuquerque, NM Local Guide
How much does it cost to rent an apartment in Old Town Albuquerque?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Old Town Albuquerque Studio Apartments | $987 | $740 | $1,221 |
| Old Town Albuquerque 1 Bedroom Apartments | $1,381 | $950 | $1,850 |
| Old Town Albuquerque 2 Bedroom Apartments | $1,670 | $1,099 | $2,703 |
| Old Town Albuquerque 3 Bedroom Apartments | $1,569 | $1,500 | $1,700 |
Browse Apartments in this Neighborhood
There are currently 9 rentals with your search options within a 1 mile radius of the Old Town Albuquerque Neighborhood of Albuquerque, NM.
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Old Town Albuquerque, Albuquerque, NM Local Guide
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Cheapest Available Old Town Albuquerque Apartments for Rent
The cheapest available apartment rental in the Old Town Albuquerque area of Albuquerque, NM is a Studio unit found at Millennium Flats - Washer-Dryer Included priced from $740. Valley Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $997. Here are the most affordable Old Town Albuquerque apartments for rent in Albuquerque, NM:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Millennium Flats - Washer-Dryer Included | Studio | Studio,1BA | $740 |
| Valley Apartments | Azure Platinum | 1BR,1BA | $997 |
| Alvarado Apartments | A | Studio,1BA | $999 |
Best Value Apartments for Rent in Old Town Albuquerque, NM
As of April 26, 2025 the best value apartment in the Old Town Albuquerque area is the $1.83 price per square foot P 2/2 Model at Poblana Place in the in the Northwest Quadrant neighborhood starting from $1,795. The second greatest value Old Town Albuquerque apartment is the a10ar - Renovated Model at Stride West starting at $1,285 with a $1.61 price per square foot in the Northwest Quadrant neighborhood. Here is today’s list of the best values for Old Town Albuquerque apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Poblana Place | P 2/2 | 2BR,2BA | $1.83 |
| Stride West | a10ar - Renovated | 1BR,1BA | $1.61 |
| One Central | 1x1 BB | 1BR,1BA | $2.66 |
| Monterey Place | One Bedroom | 1BR,1BA | $2.14 |
| The Artisan @ Sawmill Village | 1x1 Market 647 sq.ft. | 1BR,1BA | $2.09 |
| Valley Apartments | Azure Platinum | 1BR,1BA | $1.65 |
| Alvarado Apartments | A1 | 1BR,1BA | $2.46 |
| Millennium Flats - Washer-Dryer Included | Studio | Studio ,1BA | $2.40 |
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Pet Friendly LifestyleOld Town Albuquerque, Albuquerque, NM
Ranked #207
Among neighborhoods in Albuquerque, NM for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Frequently Asked Questions about Cheap Old Town Albuquerque Apartments
What is a cheap apartment in Old Town Albuquerque?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Old Town Albuquerque is under $1,795.
What is the price of a cheap apartment in Old Town Albuquerque?
The cheapest apartment in Old Town Albuquerque is Valley Apartments which is listed at $997, while the average apartment in Old Town Albuquerque costs $1,589.
What types of apartments are the cheapest in Old Town Albuquerque?
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 7 regular apartments in Old Town Albuquerque that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
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.
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.
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.
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.