close
View Me
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 (10 Rentals)
Search the lowest-cost Apartments available for rent right now in the Old Town Albuquerque area of Albuquerque.
1210 Central Ave SW
AlbuquerqueNM87102
close
View Me
from $840Studio to 3 Bedroom Apartments Contact Us For Availability
The Beach
2525 Tingley Dr SWAlbuquerque, NM 87104
1307 Silver Ave SW
AlbuquerqueNM87102
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
Showing Results 1-10, Page 1 of 1
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 | $1,063 | $740 | $1,445 |
| Old Town Albuquerque 1 Bedroom Apartments | $1,361 | $750 | $1,975 |
| Old Town Albuquerque 2 Bedroom Apartments | $1,774 | $1,150 | $2,818 |
| Old Town Albuquerque 3 Bedroom Apartments | $1,695 | $1,500 | $2,300 |
Browse Apartments in this Neighborhood
There are currently 10 rentals with your search options within a 1 mile radius of the Old Town Albuquerque Neighborhood of Albuquerque, NM.
See all Apartments in AlbuquerqueExplore Albuquerque
Old Town Albuquerque, Albuquerque, NM Local Guide
- Nearby Albuquerque neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
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 $1,025. 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 | $1,025 |
| Alvarado Apartments | A | Studio,1BA | $1,025 |
Best Value Apartments for Rent in Old Town Albuquerque, NM
As of April 05, 2025 the best value apartment in the Old Town Albuquerque area is the $1.84 price per square foot E 2/2 Model at Poblana Place in the in the Northwest Quadrant neighborhood starting from $1,750. The second greatest value Old Town Albuquerque apartment is the a10ar - Renovated Model at Stride West starting at $1,273 with a $1.59 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 | E 2/2 | 2BR,2BA | $1.84 |
| Stride West | a10ar - Renovated | 1BR,1BA | $1.59 |
| 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 | $1.69 |
| Huning Castle Apartments | Hamton Building B | 1BR,1BA | $2.66 |
| Alvarado Apartments | A | Studio ,1BA | $2.37 |
| Millennium Flats - Washer-Dryer Included | Studio | Studio ,1BA | $2.40 |
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.
Let everyone know!
Do you know the Old Town Albuquerque area?
If you’re an expert on all things Old Town Albuquerque, tell us what you love (and don't) by rating it and writing a review.
Write a Review
Pet Friendly LifestyleOld Town Albuquerque, Albuquerque, NM
Ranked #223
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 $1,600.
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 $1,025, while the average apartment in Old Town Albuquerque costs $1,600.
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 6 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.
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.
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.