Cheap Apartments for Rent in the Netherwood Park Neighborhood of Albuquerque, NM from $400 (100 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
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

close
View Me
Desert Creek Apartments
Rent Specials
$723 - $2,342
Total Monthly Price

Total Monthly Price

Base Rent
$723 - $2,342

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
close
View Me
Union 505
Rent Specials
$756 - $2,747
Total Monthly Price

Total Monthly Price

Base Rent
$756 - $2,747

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Union 505

801 Locust Pl NEAlbuquerque, NM 87102
Active Lifestyle
  • Verified
  • Customer Reviewed
  • 3D Tour
close
View Me
Comanche Wells
Rent Specials
$790 - $2,849
Total Monthly Price

Total Monthly Price

Base Rent
$790 - $2,849

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Comanche Wells

3400 Comanche Rd NEAlbuquerque, NM 87107
Corporate Housing
  • 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.

close
View Me
508 5th St SW, Unit C
$950
Total Monthly Price

Total Monthly Price

Base Rent
$950

Total Monthly Price
$950
1 Bedroom Apartment Available Now

508 5th St SW, Unit C

508 5th St SWAlbuquerque, NM 87102
Affordability
close
View Me
Tesota Morningside
Rent Specials
$952 - $1,365
Total Monthly Price

Total Monthly Price

Base Rent
$952 - $1,365

Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Jun 12

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.

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.

close
View Me
Glo Apartments
$1,219 - $1,990
Total Monthly Price

Total Monthly Price

Base Rent
$1,219 - $1,990

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Glo Apartments

3901 Indian School Rd NEAlbuquerque, NM 87110
Transit Friendly
  • Verified
  • Customer Reviewed
  • 3D Tour
close
View Me
Sun Plaza
Rent Specials
$1,237 - $1,825
Total Monthly Price

Total Monthly Price

Base Rent
$1,237 - $1,825

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
property at 720 Truman St NE

$1,300 - $1,900

Total Monthly Price

Total Monthly Price

Base Rent
$1,300 - $1,900

Total Monthly Price
$1,300 - $1,900

1 To 2 Bedroom Homes for Rent

Available Now

720 Truman St NE

AlbuquerqueNM87110
property at 1506 Edith Blvd NE

$1,360

Total Monthly Price

Total Monthly Price

Base Rent
$1,360

Total Monthly Price
$1,360

2 Bedroom, 1 Bath Home for Rent

Available Now

1506 Edith Blvd NE

AlbuquerqueNM87102

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.

close
View Me
Calle Cuarta
Studio to 3 Bedroom Apartments

Calle Cuarta

3525 4th St NWAlbuquerque, NM 87107
  • Utilities Included
close
View Me
1420 4th St NW
1 to 2 Bedroom Apartments

1420 4th St NW

1420-1422 4th St NWAlbuquerque, NM 87102
close
View Me
Columbian Apartments
1 to 2 Bedroom Apartments

Columbian Apartments

208 Columbia Dr SEAlbuquerque, NM 87106
  • Utilities Included
close
View Me
1405 Gold Ave SE
1 to 2 Bedroom Apartments

1405 Gold Ave SE

1405 Gold Ave SEAlbuquerque, NM 87106
  • Utilities Included
close
View Me
219 Walter St NE
1 Bedroom Apartments

219 Walter St NE

219-223 Walter St SEAlbuquerque, NM 87102
close
View Me
Kachina Apartments
1 to 2 Bedroom Apartments

Kachina Apartments

301 Harvard Dr SEAlbuquerque, NM 87106
  • Utilities Included
close
View Me
1516 Tijeras Ave NE
1 Bedroom Apartments

1516 Tijeras Ave NE

1516-1522 Tijeras Ave NEAlbuquerque, NM 87106
  • Utilities Included
close
View Me
Columbia Apartments
1 to 2 Bedroom Apartments

Columbia Apartments

205-209 Columbia Dr SEAlbuquerque, NM 87106
  • Utilities Included

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.

Netherwood Park, Albuquerque, NM Local Guide

Cheapest Available Netherwood Park Apartments for Rent

 

The cheapest available apartment rental in the Netherwood Park area of Albuquerque, NM is a Studio unit found at 210 High St NE priced from $700. Encino Terrace Senior has the second lowest priced unit, which is a Studio apartment currently listed from $720. Here are the most affordable Netherwood Park apartments for rent in Albuquerque, NM:

Apartment ListingModel NameBed/BathPriced From
210 High St NE0 Beds, 1 BathsStudio,1BA$700
Encino Terrace SeniorStudioStudio,1BA$720
Desert Creek ApartmentsSRO-Sleeping room onlyStudio,1BA$723
Encanto Lofts ApartmentsYucca - StudioStudio,1BA$755
Union 505StudioStudio,1BA$756
Comanche WellsS1Studio,1BA$790
Pine St StudiosUnit 081BR,1BA$850
2121 Gold Ave SE2121 Gold Street SE - Unit 131BR,1BA$850
Silver Gardens ApartmentsStudio (60%)Studio,1BA$893
Sunchase ApartmentsJr 1x11BR,1BA$905

Best Value Apartments for Rent in Netherwood Park, NM

As of June 09, 2026 the best value apartment in the Netherwood Park area is the $1.02 price per square foot 3 bedroom 2 bathroom TC Model at Via Apartments in the in the North Valley neighborhood starting from $1,331. The second greatest value Netherwood Park apartment is the 2br apartment corner unit Model at Four Seasons starting at $1,150 with a $1.15 price per square foot in the Southeast Quadrant neighborhood. Here is today’s list of the best values for Netherwood Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Via Apartments3 bedroom 2 bathroom TC3BR,2BA$1.02
Four Seasons2br apartment corner unit2BR,1BA$1.15
Peaks at Sandia View2x2-9002BR,2BA$1.42
Theta ApartmentsKaloDuo2BR,2BA$1.20
Sandia Shadows2 Beds, 2 Baths2BR,2BA$1.37
1/2 OFF FIRST MONTHS RENT1BR/1.0BA1BR,1BA$1.42
Villas Del Cielo1 Bedroom1BR,1BA$1.41
517 Adams St NE517 Adams St NE1BR,1BA$1.22
Pine St StudiosUnit 081BR,1BA$1.31
210 High St NE0 Beds, 1 BathsStudio ,1BA$1.40

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
Netherwood Park, Albuquerque, NM

Ranked #90

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

Lifestyle Ratings

ApartmentHomeLiving brings you our detailed rental search system called 'Lifestyle ratings', composed of rentals in metropolitan areas across the United States including Netherwood Park, Albuquerque, and the greater Albuquerque area. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including searching for the best amenities, and the best proximity to parks and outdoor amenities, multifamily communities for the kids, raising pets, transit options, and other valuable search options. These search options are in the site filters at the top of this page.

Frequently Asked Questions about Cheap Netherwood Park Apartments

What is a cheap apartment in Netherwood Park?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Netherwood Park is under $905.

What is the price of a cheap apartment in Netherwood Park?

The cheapest apartment in Netherwood Park is Encanto Lofts Apartments which is listed at $835, while the average apartment in Netherwood Park costs $1,620.

What types of apartments are the cheapest in Netherwood 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 12 regular apartments in Netherwood 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 Netherwood Park?

Cheap apartments in Netherwood Park have an average cost of $387 which is $1,233 cheaper than the average rent for all rentals in Netherwood 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 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.

decorative image for Creative Ways Developers Reimagine Retail Spaces as Residential Units  article

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.

decorative image for Neighborhood and Market Insights: How to Choose the Right Area to Rent   article

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.

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.