
Cheap Apartments for Rent in the Thomas Village Neighborhood of Albuquerque, NM from $400 (16 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

5315 10th Ct NW

4419 10th St NW

Valley Apartments

917 Headingly Ave NW
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 | $1,140 | $840 | $2,038 |
Thomas Village 1 Bedroom Apartments | $1,414 | $902 | $2,708 |
Thomas Village 2 Bedroom Apartments | $1,810 | $697 | $3,465 |
Thomas Village 3 Bedroom Apartments | $2,057 | $799 | $4,731 |
Browse Apartments in this Neighborhood
There are currently 16 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 $841. 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 | $841 |
Volcanes Commons | One Bedroom, One Bath | 1BR,1BA | $902 |
Valley Apartments | Azure Platinum | 1BR,1BA | $1,025 |
Tierra Pointe | A1 | 1BR,1BA | $1,036 |
The Artisan @ Sawmill Village | Retail Space | Studio,1BA | $1,120 |
Best Value Apartments for Rent in Thomas Village, NM
As of April 16, 2025 the best value apartment in the Thomas Village area is the $2.29 price per square foot Type C Model at Griegos Farms in the in the Northwest Quadrant neighborhood starting from $2,450. 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. |
---|---|---|---|
Griegos Farms | Type C | 2BR,2BA | $2.29 |
Poblana Place | P 2/2 | 2BR,2BA | $1.83 |
Aydan | Sage Renovated | 2BR,2BA | $1.50 |
Stride West | a10ar - Renovated | 1BR,1BA | $1.58 |
Las Mananitas Apartments | Lennox | 1BR,1BA | $1.72 |
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 |
Volcanes Commons | One Bedroom, One Bath | 1BR,1BA | $1.53 |
Tierra Pointe | A1 | 1BR,1BA | $2.17 |
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Pet Friendly LifestyleThomas Village, Albuquerque, NM
Ranked #119
Among neighborhoods in Albuquerque, NM for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
3.5Pet 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 $1,550.
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 $1,700.
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 10 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 $163 which is $1,537 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.

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.

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.

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.