
Cheap Apartments for Rent in the Thomas Village Neighborhood of Albuquerque, NM from $400 (17 Rentals)
Search the lowest-cost Apartments available for rent right now in the Thomas Village area of Albuquerque.


The Beach

Union 505

Volcanes Commons

Tierra Pointe
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Villa Hermosa

560 Estancia Dr NW

Valley Apartments

Mesa Ridge Apartments

917 Headingly Ave NW
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Thomas Village, Albuquerque, NM Local Guide

How much does it cost to rent an apartment in Thomas Village?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Thomas Village Studio Apartments | $1,176 | $840 | $2,124 |
Thomas Village 1 Bedroom Apartments | $1,376 | $902 | $2,239 |
Thomas Village 2 Bedroom Apartments | $1,672 | $697 | $3,500 |
Thomas Village 3 Bedroom Apartments | $1,986 | $799 | $5,589 |
Browse Apartments in this Neighborhood
There are currently 17 rentals with your search options within a 2 mile radius of the Thomas Village Neighborhood of Albuquerque, NM.
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Thomas Village, Albuquerque, NM Local Guide
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Cheapest Available Thomas Village Apartments for Rent
 The cheapest available apartment rental in the Thomas Village area of Albuquerque, NM is a Studio unit found at Union 505 priced from $840. Volcanes Commons has the second lowest priced unit, which is a 1 Bed apartment currently listed from $902. Here are the most affordable Thomas Village apartments for rent in Albuquerque, NM:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Union 505 | Studio | Studio,1BA | $840 |
Volcanes Commons | One Bedroom, One Bath | 1BR,1BA | $902 |
Tierra Pointe | S1 | Studio,1BA | $905 |
Valley Apartments | Azure Platinum | 1BR,1BA | $1,042 |
Stride West | a10a | 1BR,1BA | $1,111 |
Best Value Apartments for Rent in Thomas Village, NM
As of May 12, 2025 the best value apartment in the Thomas Village area is the $1.59 price per square foot Delray Model at Las Mananitas Apartments in the in the Northwest Quadrant neighborhood starting from $1,725. The second greatest value Thomas Village apartment is the P 2/2 Model at Poblana Place starting at $1,795 with a $1.83 price per square foot in the Northwest Quadrant neighborhood. Here is today’s list of the best values for Thomas Village apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Las Mananitas Apartments | Delray | 2BR,2BA | $1.59 |
Poblana Place | P 2/2 | 2BR,2BA | $1.83 |
Villa Hermosa | The Pueblo | 2BR,1BA | $1.32 |
Aydan | Sage Renovated | 2BR,2BA | $1.69 |
Stride West | a10ar - Renovated | 1BR,1BA | $1.62 |
1720 Atrisco - Units Available for Pre-lease | 2 bedroom 1 bath | 2BR,1BA | $1.75 |
The Artisan @ Sawmill Village | 1x1 Market 647 sq.ft. | 1BR,1BA | $2.09 |
Valley Apartments | Azure Platinum | 1BR,1BA | $1.72 |
Volcanes Commons | One Bedroom, One Bath | 1BR,1BA | $1.53 |
Tierra Pointe | S1 | Studio ,1BA | $2.14 |
Quick Rent Budget Calculator
How much rent can you afford?
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Pet Friendly LifestyleThomas Village, Albuquerque, NM
Ranked #127
Among neighborhoods in Albuquerque, NM for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Thomas Village, Albuquerque, NM
School data provided by Great Schools
Lifestyle Ratings
ApartmentHomeLiving brings you Lifestyle Ratings of rentals and neighborhoods across the USA, including Thomas Village, Albuquerque, and the greater Albuquerque area. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including searching for the best amenities, and outdoor amenities like tennis courts, features that make it easier to raise kids, raising pets, transit options, and much more. Find Lifestyle Search in the filter options (above). Happy Searching!
Frequently Asked Questions about Cheap Thomas Village Apartments
What is a cheap apartment in Thomas Village?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Thomas Village is under $1,438.
What is the price of a cheap apartment in Thomas Village?
The cheapest apartment in Thomas Village is Volcanes Commons which is listed at $902, while the average apartment in Thomas Village costs $1,701.
What types of apartments are the cheapest in Thomas Village?
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 27 regular apartments in Thomas Village 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 Thomas Village?
Cheap apartments in Thomas Village have an average cost of $245 which is $1,456 cheaper than the average rent for all rentals in Thomas Village.
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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