Cheap Homes for Rent in the Baloon Fiesta Park Neighborhood of Albuquerque, NM from $1,600 (3 Rentals)

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

Your Guide to the Best Neighborhoods to Rent Near Albuquerque’s Top Employers

Moving to Albuquerque? Find the best neighborhoods near Sandia Labs, Presbyterian Healthcare Services, and UNM. Cut your commute, boost your quality of life, and find your perfect apartment or rental home.

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Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Baloon Fiesta Park, Albuquerque, NM Local Guide

Best Value Apartments for Rent in Baloon Fiesta Park, NM

As of August 18, 2026 the best value apartment in the Baloon Fiesta Park area is the $1.40 price per square foot 3BR/2.5BA Model at Horizon Village in the in the Baloon Fiesta Park neighborhood starting from $2,850. The second greatest value Baloon Fiesta Park apartment is the Palazzo Model at Arterra starting at $2,090 with a $1.60 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.
Horizon Village3BR/2.5BA3BR,2.5BA$1.40
ArterraPalazzo3BR,2BA$1.60
Cloverleaf Apartments2BR/2.0BA2BR,2BA$1.32
Indigo ParkB1: 2 Bed 1 Bath2BR,1BA$1.65
Vista Del Sol Apartments2 Bed 1 Bath2BR,1BA$1.66
Chelsea Village ApartmentsKaloDuo-Premium2BR,1BA$1.42
MiloMadrid Platinum1BR,1BA$1.46
Sunset PointeSM1X11BR,1BA$1.45
North Park ApartmentsAspen1BR,1BA$1.47
Sunchase ApartmentsJr 1x11BR,1BA$1.66

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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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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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.

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Quick Rent Budget Calculator

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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.

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Pet Friendly Lifestyle
Baloon Fiesta Park, Albuquerque, NM

Ranked #65

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Frequently Asked Questions about Baloon Fiesta Park

What type of rentals are currently available in Baloon Fiesta Park?

There are currently 81 Apartments for Rent in Baloon Fiesta Park, NM with pricing that ranges from $726 to $2,986. There are also 4 Single Family Homes for rent, Condos, and Townhome rentals currently available in Baloon Fiesta Park ranging from $1,650 to $2,850.

What is the current price range for Rental Homes in Baloon Fiesta Park?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Baloon Fiesta Park ranges from $1,650 to $2,850 with an average monthly rent of $2,075.

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

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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.

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