
Cheap Apartments for Rent in the Academy Park Neighborhood of Albuquerque, NM from $700 (46 Rentals)
Search the lowest-cost Apartments available for rent right now in the Academy Park area of Albuquerque.


Encanto Lofts Apartments

Via Apartments

4747 Spanish Sun Ave NE

Montecito

San Pedro Village

Casa Del Arroyo Apartments

Sedona Ridge

Sunchase Apartments
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Tesota Morningside

Mont 44 Apartments

Acacia Gardens

North Park Apartments

Candlelight Square

Woodberry Heights

The Lakes

Total Monthly Price
Milo

Sunset Pointe
The Student's Guide to Albuquerque: Top Neighborhoods That Put CNM and UNM Life Within Reach
Find your perfect place in ABQ! Explore the best neighborhoods near CNM and UNM that support a vibrant student life, from study spots to family-friendly resources.

Oak Tree Park

Academy Heights Apartments

Villas de la Terraza

Pinon Terrace

Silverado

Telegraph Hill

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Sun Plaza

Indigo Park

4601 Douglas MacArthur Rd NE
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

Total Monthly Price
Calero

Total Monthly Price
AYA ABQ

Total Monthly Price
Casa Tierra

Vista Del Sol Apartments

8301 Comanche Ct NE

Total Monthly Price
Allaso Journal Center

San Mateo Suites

Lincoln Place

Wyoming Place Apartments
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

Norte Villas Apartments

3528 Tyson Pl NE

Sun Pointe Park Apartments

Chelsea Village Apartments

Rancho Verde

Meadowbrook Home Rentals

3301 Monroe St NE

8416 Hilton Ave NE

Siegel Select - No Vacancy
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

7450 Prairie Rd NE
Academy Park, Albuquerque, NM Local Guide

How much does it cost to rent an apartment in Academy Park?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Academy Park Studio Apartments | $1,301 | $874 | $1,890 |
| Academy Park 1 Bedroom Apartments | $1,267 | $838 | $2,296 |
| Academy Park 2 Bedroom Apartments | $1,481 | $936 | $3,011 |
| Academy Park 3 Bedroom Apartments | $1,652 | $1,166 | $2,021 |
Browse Apartments in this Neighborhood
There are currently 46 rentals with your search options within a 2 mile radius of the Academy Park Neighborhood of Albuquerque, NM.
See all Apartments in AlbuquerqueExplore Albuquerque
Academy Park, Albuquerque, NM Local Guide
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Cheapest Available Academy Park Apartments for Rent
 The cheapest available apartment rental in the Academy Park area of Albuquerque, NM is a 1 Bed unit found at Encanto Lofts Apartments priced from $835. Via Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $850. Here are the most affordable Academy Park apartments for rent in Albuquerque, NM:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Encanto Lofts Apartments | Aspen - One Bedroom One Bath | 1BR,1BA | $835 |
| Via Apartments | 1 bedroom 1 bathroom MKT | 1BR,1BA | $850 |
| Montecito | 0BD, 1BTH | Studio,1BA | $874 |
| Casa Del Arroyo Apartments | 1bd/1ba | 1BR,1BA | $895 |
| Sedona Ridge | Zuni | 1BR,1BA | $899 |
| Sunchase Apartments | Jr 1x1 | 1BR,1BA | $905 |
| Canyon Crest | 0 Bedroom 1 Bathroom | Studio,1BA | $960 |
| Mont 44 Apartments | 1 Bedroom, 1 Bathroom TC | 1BR,1BA | $964 |
| Acacia Gardens | Taos Classic | 1BR,1BA | $965 |
| North Park Apartments | Birch | 1BR,1BA | $985 |
Best Value Apartments for Rent in Academy Park, NM
As of April 26, 2026 the best value apartment in the Academy Park area is the $1.13 price per square foot Two Bedroom - Fully Remodeled Model at Pinon Terrace in the in the Northeast Quadrant neighborhood starting from $1,245. The second greatest value Academy Park apartment is the 2 Bed 1 Bath Model at Vista Del Sol Apartments starting at $1,490 with a $1.66 price per square foot in the Academy Hills neighborhood. Here is today’s list of the best values for Academy Park apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Pinon Terrace | Two Bedroom - Fully Remodeled | 2BR,1BA | $1.13 |
| Vista Del Sol Apartments | 2 Bed 1 Bath | 2BR,1BA | $1.66 |
| Milo | Madrid Platinum | 1BR,1BA | $1.59 |
| Sunset Pointe | SM1X1 | 1BR,1BA | $1.45 |
| Woodberry Heights | 1x1C | 1BR,1BA | $1.45 |
| Via Apartments | 1 bedroom 1 bathroom Renovated | 1BR,1BA | $1.53 |
| Mont 44 Apartments | 1 bedroom Renovated MKT | 1BR,1BA | $1.61 |
| Academy Heights Apartments | 1 Bedr / 1 Bath | 1BR,1BA | $1.52 |
| North Park Apartments | Birch | 1BR,1BA | $1.54 |
| Casa Del Arroyo Apartments | 1bd/1ba | 1BR,1BA | $1.43 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleThe Student's Guide to Albuquerque: Top Neighborhoods That Put CNM and UNM Life Within Reach
Find your perfect place in ABQ! Explore the best neighborhoods near CNM and UNM that support a vibrant student life, from study spots to family-friendly resources.
Read ArticleDon't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
Read ArticleQuick 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.
Pet Friendly LifestyleAcademy Park, Albuquerque, NM
Ranked #56
Among cities in New Mexico for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Academy Park, Albuquerque, NM
School data provided by Great Schools
Lifestyle Ratings
ApartmentHomeLiving.com is happy to bring you our detailed rental search system called 'Lifestyle ratings', composed of rentals and neighborhoods across the USA, including Albuquerque. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including filtering automatically for convenient access to the outdoors, luxury housing options, transit availability, pet-friendly communities, places to raise kids, in addition to floorplans, availablity, and pricing. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!
Frequently Asked Questions about Cheap Academy Park Apartments
What is a cheap apartment in Academy Park?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Academy Park is under $985.
What is the price of a cheap apartment in Academy Park?
The cheapest apartment in Academy Park is Encanto Lofts Apartments which is listed at $835, while the average apartment in Academy Park costs $1,592.
What types of apartments are the cheapest in Academy 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 32 regular apartments in Academy 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 Academy Park?
Cheap apartments in Academy Park have an average cost of $357 which is $1,235 cheaper than the average rent for all rentals in Academy Park.
Expert Rental Resources
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.
Articles, How-To's, and Tips

A Local Experts Guide To The Best Budget-Friendly Neighborhoods to Rent in Albuquerque
Written by: Esther Lombardi
Albuquerque, New Mexico, offers culture, diversity, and beautiful landscapes. Each neighborhood blends historic charm with nature, education, and entertainment.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.