Cheap Apartments for Rent in the Academy Park Neighborhood of Albuquerque, NM from $700 (37 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Academy Park area of Albuquerque.

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.

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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.

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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.

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San Mateo Suites
Studio Apartments

San Mateo Suites

5001 San Mateo Ln NEAlbuquerque, NM 87109
  • Utilities Included
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Indigo Park
1 to 3 Bedroom Apartments

Indigo Park

7600 Montgomery Blvd NEAlbuquerque, NM 87109

Cash 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.

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Showing Results 1-37, Page 1 of 1

Academy Park, Albuquerque, NM Local Guide

Cheapest Available Academy Park Apartments for Rent

 

The cheapest available apartment rental in the Academy Park area of Albuquerque, NM is a Studio unit found at Encanto Lofts Apartments priced from $725. Canyon Crest has the second lowest priced unit, which is a Studio apartment currently listed from $850. Here are the most affordable Academy Park apartments for rent in Albuquerque, NM:

Apartment ListingModel NameBed/BathPriced From
Encanto Lofts ApartmentsYucca - StudioStudio,1BA$725
Canyon Crest0 Bedroom 1 BathroomStudio,1BA$850
Candlelight SquareSilver Sage1BR,1BA$899
Chelsea Village ApartmentsKaloSolo1BR,1BA$900
Sunchase ApartmentsJr 1x11BR,1BA$905
Academy Heights Apartments1 Bedr / 1 Bath1BR,1BA$908
Acacia GardensTaos Classic1BR,1BA$910
Calero1X1 Reno1BR,1BA$931
Villas de la TerrazaStudioStudio,1BA$950
Sedona RidgeZuni1BR,1BA$950

Best Value Apartments for Rent in Academy Park, NM

As of December 10, 2025 the best value apartment in the Academy Park area is the $1.02 price per square foot 3 bedroom 2 bathroom TC Model at Via Apartments in the in the North Valley neighborhood starting from $1,331. The second greatest value Academy Park apartment is the One Bedroom - Fully Remodeled Model at Pinon Terrace starting at $1,095 with a $1.37 price per square foot in the Northeast Quadrant neighborhood. Here is today’s list of the best values for Academy Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Via Apartments3 bedroom 2 bathroom TC3BR,2BA$1.02
Pinon TerraceOne Bedroom - Fully Remodeled1BR,1BA$1.37
Wyoming Place Apartments1 Bed B1BR,1BA$1.40
MiloMadrid Platinum1BR,1BA$1.34
Sunset PointeSM1X11BR,1BA$1.45
Academy Heights Apartments1 Bedr / 1 Bath1BR,1BA$1.30
Calero1X1 Reno1BR,1BA$1.39
North Park ApartmentsBirch1BR,1BA$1.54
Chelsea Village ApartmentsKaloSolo1BR,1BA$1.45
Canyon Crest0 Bedroom 1 BathroomStudio ,1BA$1.52

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.

Read Article
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Don'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.

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The 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.

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Pet Friendly Lifestyle
Academy Park, Albuquerque, NM

Ranked #57

Among cities in New Mexico for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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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 $950.

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 $820, while the average apartment in Academy Park costs $1,725.

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 12 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 $166 which is $1,559 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

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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.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!