
Cheap Apartments for Rent in the Netherwood Park Neighborhood of Albuquerque, NM from $400 (91 Rentals)
Search the lowest-cost Apartments available for rent right now in the Netherwood Park area of Albuquerque.


Total Monthly Price
Desert Creek Apartments

Mont 44 Apartments

Encanto Lofts Apartments

513 Candelaria Rd NW

Citadel - Free Utilities

103 Maple St NE

Total Monthly Price
Comanche Wells

Rock Creek

2121 Gold Ave SE
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Silver Gardens Apartments

Total Monthly Price
Union 505

Cedars - Free Cable & Internet*

Via Apartments

Sunchase Apartments

149 Manzano St NE

Sandia Shadows

Total Monthly Price
Tesota Morningside

Peaks at Sandia View

Zocalo Lofts
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3508 Lafayette Dr NE

709 Madison St NE

Total Monthly Price
Sun Plaza

Arroyo Vista

604 Arno St NE

218 Yale Blvd SE

De Anza - Nob Hill Luxury Apartments

Four Seasons

4601 Douglas MacArthur Rd NE

1521 Gold Ave SE
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Nob Hill

209 Cornell Dr SE

720 Truman St NE

3825 Montgomery Blvd NE, Unit 127

621 High St SE

505 Central Lofts

Calle Cuarta

1420 4th St NW

Columbian Apartments

1405 Gold Ave SE
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Hacienda Norte Apartments

219 Walter St NE

Kachina Apartments

1516 Tijeras Ave NE

Candelaria Gardens

Columbia Apartments

1801 Coal Pl SE

420 Jefferson St NE

123 Walter St NE

1611 Gold Ave SE
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Netherwood Park, Albuquerque, NM Local Guide

How much does it cost to rent an apartment in Netherwood Park?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Netherwood Park Studio Apartments | $965 | $720 | $1,800 |
| Netherwood Park 1 Bedroom Apartments | $1,103 | $748 | $1,890 |
| Netherwood Park 2 Bedroom Apartments | $1,433 | $925 | $2,407 |
| Netherwood Park 3 Bedroom Apartments | $1,706 | $915 | $3,612 |
Browse Apartments in this Neighborhood
There are currently 91 rentals with your search options within a 2 mile radius of the Netherwood Park Neighborhood of Albuquerque, NM.
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Netherwood Park, Albuquerque, NM Local Guide
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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 Encino Terrace Senior priced from $720. Desert Creek Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $725. Here are the most affordable Netherwood Park apartments for rent in Albuquerque, NM:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Encino Terrace Senior | Studio | Studio,1BA | $720 |
| Desert Creek Apartments | SRO-Sleeping room only | Studio,1BA | $725 |
| Mont 44 Apartments | 1 Bedroom, 1 Bathroom TC | 1BR,1BA | $748 |
| Encanto Lofts Apartments | Juniper - Studio + Den | Studio,1BA | $764 |
| Rock Creek | Studio | Studio,1BA | $799 |
| Union 505 | Studio | Studio,1BA | $818 |
| Via Apartments | 1 bedroom 1 bathroom MKT | 1BR,1BA | $850 |
| 2121 Gold Ave SE | 2121 Gold Street SE - Unit 13 | 1BR,1BA | $850 |
| Silver Gardens Apartments | 1 Bedroom (50%) | 1BR,1BA | $865 |
| Sunchase Apartments | Jr 1x1 | 1BR,1BA | $905 |
Best Value Apartments for Rent in Netherwood Park, NM
As of July 24, 2026 the best value apartment in the Netherwood Park area is the $1.15 price per square foot 2br apartment corner unit Model at Four Seasons in the in the Southeast Quadrant neighborhood starting from $1,150. The second greatest value Netherwood Park apartment is the Ele Model at Large Quiet Two Bedroom starting at $1,350 with a $1.45 price per square foot in the Netherwood Park neighborhood. Here is today’s list of the best values for Netherwood Park apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Four Seasons | 2br apartment corner unit | 2BR,1BA | $1.15 |
| Large Quiet Two Bedroom | Ele | 2BR,2BA | $1.45 |
| Theta Apartments | KaloDuo-Premium | 2BR,2BA | $1.32 |
| Sandia Shadows | 2bd/2ba | 2BR,2BA | $1.26 |
| Nob Hill | 2.1 | 2BR,1BA | $1.49 |
| Marquee Village Apartments | KaloDuo | 2BR,1BA | $1.51 |
| Villa Esperanza | Two Bedroom One and a Half Bath | 2BR,1BA | $1.54 |
| Arroyo Vista | Two Bedroom | 2BR,1BA | $1.63 |
| Villas Del Cielo | 1 Bedroom | 1BR,1BA | $1.38 |
| Sunchase Apartments | Jr 1x1 | 1BR,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.
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.
Read ArticleReal 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 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 LifestyleNetherwood Park, Albuquerque, NM
Ranked #93
Among cities in New Mexico for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Netherwood Park, Albuquerque, NM
School data provided by Great Schools
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 Mont 44 Apartments which is listed at $748, while the average apartment in Netherwood Park costs $1,592.
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 43 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 $394 which is $1,198 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

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.

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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.

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.

A Local Expert's 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.
Articles, How-To's, and Tips

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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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.

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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.

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.