
Cheap Apartments for Rent in the Academy Park Neighborhood of Albuquerque, NM from $700 (52 Rentals)
Search the lowest-cost Apartments available for rent right now in the Academy Park area of Albuquerque.


Encanto Lofts Apartments

Canyon Crest

Casa Del Arroyo Apartments

San Pedro Village

Via Apartments

Candlelight Square

Sunchase Apartments

Mont 44 Apartments

Montecito
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.

Acacia Gardens

Total Monthly Price
Tesota Morningside

North Park Apartments

Sedona Ridge

The Lakes

Villas de la Terraza

Wyoming Place Apartments

Woodberry Heights

Sunset Pointe

Silverado
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.

Pinon Terrace

Total Monthly Price
AYA ABQ

Total Monthly Price
Milo

Academy Heights Apartments

Total Monthly Price
Calero

Telegraph Hill

Oak Tree Park

4601 Douglas MacArthur Rd NE

Total Monthly Price
Casa Tierra

Total Monthly Price
Sun Plaza
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.

Vista Del Sol Apartments

Indigo Park

8801 Natalie Ave NE

8301 Comanche Ct NE

Total Monthly Price
Allaso Journal Center

Total Monthly Price
The Senary by Allaso

5020 San Pedro Ct NE

San Mateo Suites

4601 Carlisle Blvd NE

Lincoln Place
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
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Chelsea Village Apartments

Norte Villas Apartments

Sun Pointe Park Apartments

3301 Monroe St NE

3908 Ortiz Ct NE

Meadowbrook Home Rentals

Siegel Select - No Vacancy

Rancho Verde

8432 Chambers Ct NE

8445 Chambers Ct NE
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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 | $1,169 | $700 | $1,815 |
| Academy Park 1 Bedroom Apartments | $1,264 | $799 | $2,211 |
| Academy Park 2 Bedroom Apartments | $1,513 | $945 | $3,031 |
| Academy Park 3 Bedroom Apartments | $1,608 | $1,166 | $2,033 |
Browse Apartments in this Neighborhood
There are currently 52 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 Studio unit found at Encanto Lofts Apartments priced from $755. Casa Del Arroyo 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 | Yucca - Studio | Studio,1BA | $755 |
| Casa Del Arroyo Apartments | 1bd/1ba | 1BR,1BA | $850 |
| San Pedro Village | Acoma Studio | Studio,1BA | $855 |
| Candlelight Square | Silver Sage | 1BR,1BA | $899 |
| Sunchase Apartments | Jr 1x1 | 1BR,1BA | $905 |
| Mont 44 Apartments | 1 Bedroom, 1 Bathroom TC | 1BR,1BA | $914 |
| Montecito | 1BD, 1BTH A | 1BR,1BA | $919 |
| Canyon Crest | 0 Bedroom 1 Bathroom | Studio,1BA | $959 |
| Acacia Gardens | Taos Deluxe 1 | 1BR,1BA | $960 |
| North Park Apartments | Birch | 1BR,1BA | $985 |
Best Value Apartments for Rent in Academy Park, NM
As of June 11, 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 2x1 Model at Woodberry Heights starting at $1,240 with a $1.35 price per square foot in the Baloon Fiesta Park 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 |
| Woodberry Heights | 2x1 | 2BR,1BA | $1.35 |
| Chelsea Village Apartments | KaloDuo | 2BR,1BA | $1.39 |
| Wyoming Place Apartments | 1 Bed B | 1BR,1BA | $1.43 |
| Sunset Pointe | SM1X1 | 1BR,1BA | $1.45 |
| Via Apartments | 1 bedroom 1 bathroom MKT | 1BR,1BA | $1.32 |
| Academy Heights Apartments | 1 Bedr / 1 Bath | 1BR,1BA | $1.57 |
| The Lakes | One Bedroom Medium | 1BR,1BA | $1.52 |
| North Park Apartments | Birch | 1BR,1BA | $1.54 |
| Casa Del Arroyo Apartments | 1bd/1ba | 1BR,1BA | $1.36 |
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 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 ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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 #52
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 $799, while the average apartment in Academy Park costs $1,574.
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 29 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 $397 which is $1,177 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.
Helpful Local Expert Guides

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.

The Students Guide to Albuquerque: Top Neighborhoods That Put CNM and UNM Life Within Reach
Written by: Esther Lombardi
There’s more to Albuquerque than just the breathtaking landscapes and tasty green chilies. As both a student and a parent, I see Albuquerque as a learning hub that nurtures curiosity and encourages growth and enrichment.

Albuquerque Uncovered: Your Local Experts Guide to the High Desert City
Written by: Esther Lombardi
Hello from Albuquerque, New Mexico! I’m Esther, your ApartmentHomeLiving.com Local Expert for Albuquerque, and I’m here to give you the inside scoop on this unique city.

Your Guide to the Best Neighborhoods to Rent Near Albuquerques Top Employers
Written by: Esther Lombardi
I still recollect my first morning commute in Albuquerque.
Articles, How-To's, and Tips

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.