Cheap Apartments for Rent in the Baloon Fiesta Park Neighborhood of Albuquerque, NM from $600 (31 Rentals)

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

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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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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Milo
Rent Specials
$1,072 - $1,3751 to 2 Bedroom Apartments Available Now

Milo

4217 Louisiana Blvd NEAlbuquerque, NM 87109
Pet Friendly
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  • Matterport 3D Tour

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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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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San Mateo Suites
Studio Apartments

San Mateo Suites

5001 San Mateo Ln NEAlbuquerque, NM 87109
  • Utilities Included
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Paseo Del Sol
1 to 3 Bedroom Apartments

Paseo Del Sol

291 El Pueblo Rd NWAlbuquerque, NM 87114
  • Utilities Included
Showing Results 1-31, 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 $720. San Pedro Village has the second lowest priced unit, which is a Studio apartment currently listed from $865. Here are the most affordable Baloon Fiesta Park apartments for rent in Albuquerque, NM:

Apartment ListingModel NameBed/BathPriced From
Desert Creek ApartmentsThe SonoranStudio,1BA$720
San Pedro VillageAcoma StudioStudio,1BA$865
El Paseo ApartmentsOne-Bedroom1BR,1BA$956
Desert WillowMadera1BR,1BA$964
Mont 44 Apartments1 Bedroom, 1 Bathroom TC1BR,1BA$964
North Park ApartmentsBirch1BR,1BA$985
AYA ABQDurango1BR,1BA$988
Candlelight SquareSilver Sage1BR,1BA$991
Tesota MorningsideA1AR1BR,1BA$999
SunchaseJr One Bedroom One Bath1BR,1BA$1,005

Best Value Apartments for Rent in Baloon Fiesta Park, NM

As of October 04, 2025 the best value apartment in the Baloon Fiesta Park area is the $1.37 price per square foot 2 Bedroom 1 Bathroom Model at Canyon Crest in the in the Northeast Quadrant neighborhood starting from $1,234. The second greatest value Baloon Fiesta Park apartment is the Vadara Model at Arterra starting at $1,375 with a $1.56 price per square foot in the Academy Hills 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.
Canyon Crest2 Bedroom 1 Bathroom2BR,1BA$1.37
ArterraVadara1BR,1BA$1.56
1/2 OFF FIRST MONTHS RENT - APPLICATION FE...1BR/1.0BA1BR,1BA$1.45
Sun PlazaTopaz Platinum2BR,1.5BA$1.41
Norte Villas ApartmentsTwo Bedroom One Bath - 787 Sq Ft2BR,1BA$1.50
MiloMadrid Platinum1BR,1BA$1.43
Casa TierraA11BR,1BA$1.58
Sunset PointeSM1X11BR,1BA$1.45
Mont 44 Apartments1 Bedroom, 1 Bathroom TC1BR,1BA$1.35
North Park ApartmentsBirch1BR,1BA$1.54

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Baloon Fiesta Park, Albuquerque, NM

Ranked #55

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Getting Around the Baloon Fiesta Park Neighborhood in Albuquerque, NM

Walk Score®

38 / 100

Car-Dependent

Most errands require a car

Bike Score®

62 / 100

Bikeable

Some bike infrastructure

Transit Score®

28 / 100

Some Transit

A few nearby public transportation options

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

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 $1,005.

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

The cheapest apartment in Baloon Fiesta Park is Desert Creek Apartments which is listed at $797, while the average apartment in Baloon Fiesta Park costs $1,819.

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 23 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 $1,569 cheaper than the average rent for all rentals in Baloon Fiesta Park.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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.

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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! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.