Cheap Apartments for Rent in the Baloon Fiesta Park Neighborhood of Albuquerque, NM from $700 (34 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

close
View Me
Desert Creek Apartments
Rent Specials
$725 - $2,435
Total Monthly Price

Total Monthly Price

Base Rent
$725 - $2,435
Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Now

Desert Creek Apartments

4300 Pan American Fwy NEAlbuquerque, NM 87107
Affordability
  • Verified
  • Customer Reviewed
  • 3D Tour

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.

Read Article
close
View Me
AYA ABQ
Rent Specials
$915 - $4,389
Total Monthly Price

Total Monthly Price

Base Rent
$915 - $4,389
Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Now

AYA ABQ

5324 San Mateo Blvd NEAlbuquerque, NM 87109
Corporate Housing
  • Verified
  • Customer Reviewed
  • 3D Tour
close
View Me
Tesota Morningside
Rent Specials
$972 - $1,480
Total Monthly Price

Total Monthly Price

Base Rent
$972 - $1,480
Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Jul 17

Tesota Morningside

3958 Montgomery Blvd NEAlbuquerque, NM 87109
Affordability
  • Verified
  • Customer Reviewed
  • 3D Tour

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
close
View Me
Milo
Rent Specials
$1,026 - $1,386
Total Monthly Price

Total Monthly Price

Base Rent
$1,026 - $1,386
Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Now

Milo

4217 Louisiana Blvd NEAlbuquerque, NM 87109
Pet Friendly
  • Verified
  • Customer Reviewed
  • 3D Tour
close
View Me
Calero
$1,139 - $1,888
Total Monthly Price

Total Monthly Price

Base Rent
$1,139 - $1,888
Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

Calero

8000 Montgomery Blvd NEAlbuquerque, NM 87109
Affordability
  • Verified
  • Customer Reviewed
  • 3D Tour

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.

Read Article
close
View Me
Sun Plaza
Rent Specials
$1,146 - $1,858
Total Monthly Price

Total Monthly Price

Base Rent
$1,146 - $1,858
Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

Sun Plaza

4400 Montgomery Blvd NEAlbuquerque, NM 87109
Pet Friendly
  • Verified
  • Customer Reviewed
  • 3D Tour
close
View Me
San Mateo Suites
Studio Apartments

San Mateo Suites

5001 San Mateo Ln NEAlbuquerque, NM 87109
  • Utilities Included
close
View Me
Lincoln Place
Studio to 2 Bedroom Apartments

Lincoln Place

4401 San Pedro Dr NEAlbuquerque, NM 87109
close
View Me
Paseo Del Sol
1 to 3 Bedroom Apartments

Paseo Del Sol

291 El Pueblo Rd NWAlbuquerque, NM 87114
  • Utilities Included

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.

Read Article
Showing Results 1-34, Page 1 of 1

Baloon Fiesta Park, Albuquerque, NM Local Guide

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 $725. Mont 44 Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $748. Here are the most affordable Baloon Fiesta Park apartments for rent in Albuquerque, NM:

Apartment ListingModel NameBed/BathPriced From
Desert Creek ApartmentsSRO-Sleeping room onlyStudio,1BA$725
Mont 44 Apartments1 Bedroom, 1 Bathroom TC1BR,1BA$748
Via Apartments1 bedroom 1 bathroom MKT1BR,1BA$850
Candlelight SquareSilver Sage1BR,1BA$859
Sunchase ApartmentsJr 1x11BR,1BA$905
Canyon Crest0 Bedroom 1 BathroomStudio,1BA$914
El Paseo ApartmentsOne-Bedroom1BR,1BA$956
North Park ApartmentsBirch1BR,1BA$985
The LakesOne Bedroom Small1BR,1BA$995
Villas de la TerrazaStudioStudio,1BA$999

Best Value Apartments for Rent in Baloon Fiesta Park, NM

As of July 04, 2026 the best value apartment in the Baloon Fiesta Park area is the $1.44 price per square foot 3BR/2.5BA Model at Horizon Village in the in the Baloon Fiesta Park neighborhood starting from $2,950. The second greatest value Baloon Fiesta Park apartment is the Sequoia Renovated Model at Peaks at Los Ranchos starting at $1,399 with a $1.43 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Horizon Village3BR/2.5BA3BR,2.5BA$1.44
Peaks at Los RanchosSequoia Renovated2BR,1BA$1.43
Chelsea Village ApartmentsKaloDuo2BR,1BA$1.34
1/2 OFF FIRST MONTHS RENT1BR/1.0BA1BR,1BA$1.42
Desert WillowSonoma2BR,2BA$1.51
Via Apartments1 bedroom 1 bathroom Renovated1BR,1BA$1.53
Sunset PointeSM1X11BR,1BA$1.45
Academy Heights Apartments1 Bedr / 1 Bath1BR,1BA$1.57
North Park ApartmentsBirch1BR,1BA$1.54
The LakesOne Bedroom Small1BR,1BA$1.59

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
Decorative image

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.

Read Article
Decorative image

Real 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 Article
Decorative image

Quick 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.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
Baloon Fiesta Park, Albuquerque, NM

Ranked #61

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

decorative image of woman handing cat to small boy

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 $999.

What is the price of a cheap apartment in Baloon Fiesta Park?

The cheapest apartment in Baloon Fiesta Park is Mont 44 Apartments which is listed at $748, while the average apartment in Baloon Fiesta Park costs $1,631.

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 41 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 $379 which is $1,252 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.

Helpful Local Expert Guides

decorative image for A Local Experts Guide To The Best Budget-Friendly Neighborhoods to Rent in Albuquerque article

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.

decorative image for The Students Guide to Albuquerque: Top Neighborhoods That Put CNM and UNM Life Within Reach article

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.

decorative image for Albuquerque Uncovered: Your Local Experts Guide to the High Desert City article

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.

decorative image for Your Guide to the Best Neighborhoods to Rent Near Albuquerques Top Employers article

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

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention article

Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

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.

decorative image for Pet-Friendly Renting: Everything You Need to Know Before You Move article

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.