
Cheap Apartments for Rent in the Baloon Fiesta Park Neighborhood of Albuquerque, NM from $700 (37 Rentals)
Search the lowest-cost Apartments available for rent right now in the Baloon Fiesta Park area of Albuquerque.


Via Apartments

San Pedro Village

Villas de la Terraza

Candlelight Square

Canyon Crest

Sunchase Apartments

Mont 44 Apartments

Total Monthly Price
Tesota Morningside
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.

El Paseo Apartments

Desert Willow

Total Monthly Price
Lifestyles at Renaissance

Montecito

Total Monthly Price
North Park Apartments

The Lakes

Woodberry Heights

Academy Heights Apartments

Sunset Pointe
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Silverado

Oak Tree Park

Telegraph Hill

Total Monthly Price
AYA ABQ

Peaks at Los Ranchos

1/2 OFF FIRST MONTHS RENT

Total Monthly Price
Casa Tierra

Total Monthly Price
Milo

Total Monthly Price
Calero
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Total Monthly Price
Indigo Park

Total Monthly Price
Sun Plaza

San Mateo Suites

Chelsea Village Apartments

Paseo Del Sol

Norte Villas Apartments

Sun Pointe Park Apartments

Rancho Verde

Lincoln Place
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Trailhead at Chamizal - NOW LEASING
Baloon Fiesta Park, Albuquerque, NM Local Guide

How much does it cost to rent an apartment in Baloon Fiesta Park?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Baloon Fiesta Park Studio Apartments | $1,447 | $766 | $1,943 |
| Baloon Fiesta Park 1 Bedroom Apartments | $1,399 | $899 | $2,204 |
| Baloon Fiesta Park 2 Bedroom Apartments | $1,600 | $950 | $2,936 |
| Baloon Fiesta Park 3 Bedroom Apartments | $1,732 | $1,331 | $2,890 |
Browse Apartments in this Neighborhood
There are currently 37 rentals with your search options within a 2 mile radius of the Baloon Fiesta Park Neighborhood of Albuquerque, NM.
See all Apartments in AlbuquerqueExplore Albuquerque
Baloon Fiesta Park, Albuquerque, NM Local Guide
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Cheapest Available Baloon Fiesta Park Apartments for Rent
 The cheapest available apartment rental in the Baloon Fiesta Park area of Albuquerque, NM is a Studio unit found at Desert Creek Apartments priced from $766. Via Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $801. Here are the most affordable Baloon Fiesta Park apartments for rent in Albuquerque, NM:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Desert Creek Apartments | SRO-Sleeping room only | Studio,1BA | $766 |
| Via Apartments | Studio TC | Studio,1BA | $801 |
| Candlelight Square | Silver Sage | 1BR,1BA | $899 |
| Canyon Crest | 0 Bedroom 1 Bathroom | Studio,1BA | $905 |
| Sunchase Apartments | Jr 1x1 | 1BR,1BA | $905 |
| Chelsea Village Apartments | KaloSolo | 1BR,1BA | $910 |
| Mont 44 Apartments | 1 Bedroom, 1 Bathroom TC | 1BR,1BA | $914 |
| El Paseo Apartments | One-Bedroom | 1BR,1BA | $956 |
| Montecito | 0BD, 1BTH | Studio,1BA | $973 |
| Norte Villas Apartments | One Bedroom One Bath - 457 Sq Ft | 1BR,1BA | $979 |
Best Value Apartments for Rent in Baloon Fiesta Park, NM
As of February 18, 2026 the best value apartment in the Baloon Fiesta Park area is the $1.38 price per square foot Sequoia Renovated Model at Peaks at Los Ranchos in the in the Northwest Quadrant neighborhood starting from $1,350. The second greatest value Baloon Fiesta Park apartment is the 1BR/1.0BA Model at 1/2 OFF FIRST MONTHS RENT starting at $1,150 with a $1.34 price per square foot in the Northwest Quadrant neighborhood. Here is today’s list of the best values for Baloon Fiesta Park apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Peaks at Los Ranchos | Sequoia Renovated | 2BR,1BA | $1.38 |
| 1/2 OFF FIRST MONTHS RENT | 1BR/1.0BA | 1BR,1BA | $1.34 |
| Desert Willow | Sonoma | 2BR,2BA | $1.37 |
| Sun Plaza | Topaz Platinum | 2BR,1.5BA | $1.59 |
| Milo | Madrid Platinum | 1BR,1BA | $1.56 |
| Casa Tierra | A1 | 1BR,1BA | $1.56 |
| Sunset Pointe | SM1X1 | 1BR,1BA | $1.45 |
| Mont 44 Apartments | 1 bedroom Renovated MKT | 1BR,1BA | $1.57 |
| Academy Heights Apartments | 1 Bedr / 1 Bath | 1BR,1BA | $1.45 |
| North Park Apartments | Birch | 1BR,1BA | $1.54 |
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.
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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 LifestyleBaloon Fiesta Park, Albuquerque, NM
Ranked #57
Among cities in New Mexico for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Frequently Asked Questions about Cheap Baloon Fiesta Park Apartments
What is a cheap apartment in Baloon Fiesta Park?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Baloon Fiesta Park is under $979.
What is the price of a cheap apartment in Baloon Fiesta Park?
The cheapest apartment in Baloon Fiesta Park is Candlelight Square which is listed at $899, while the average apartment in Baloon Fiesta Park costs $1,800.
What types of apartments are the cheapest in Baloon Fiesta 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 66 regular apartments in Baloon Fiesta 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 Baloon Fiesta Park?
Cheap apartments in Baloon Fiesta Park have an average cost of $250 which is $1,550 cheaper than the average rent for all rentals in Baloon Fiesta 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.

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.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.