
Cheap Apartments for Rent in the Netherwood Park Neighborhood of Albuquerque, NM from $500 (48 Rentals)
Search the lowest-cost Apartments available for rent right now in the Netherwood Park area of Albuquerque.


Encino Terrace Senior

Silver Gardens Apartments

Union 505

Encanto Lofts Apartments

Comanche Wells

Citadel - Free Utilities

4211 Mesa Grande Pl SE

Rock Creek
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.

Via Apartments

1622 Coal Ave SE

208 High St NE

Cedars - Free Cable & Internet*

507-511 Adams St NE

4142 Mesa Verde Ave NE

137 Manzano St NE

Imperial

Zocalo Lofts
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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 | $1,054 | $559 | $1,800 |
| Netherwood Park 1 Bedroom Apartments | $1,098 | $725 | $1,999 |
| Netherwood Park 2 Bedroom Apartments | $1,375 | $895 | $2,400 |
| Netherwood Park 3 Bedroom Apartments | $1,497 | $1,331 | $1,805 |
| Netherwood Park 4 Bedroom Apartments | $2,400 | $2,400 | $2,400 |
Browse Apartments in this Neighborhood
There are currently 48 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 Desert Creek Apartments priced from $559. Silver Gardens Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $740. Here are the most affordable Netherwood Park apartments for rent in Albuquerque, NM:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Desert Creek Apartments | SRO-Sleeping room only | Studio,1BA | $559 |
| Silver Gardens Apartments | 1 Bedroom (50%) | 1BR,1BA | $740 |
| Union 505 | Studio | Studio,1BA | $744 |
| Encanto Lofts Apartments | Juniper - Studio + Den | Studio,1BA | $764 |
| Comanche Wells | S1 | Studio,1BA | $788 |
| Rock Creek | Studio | Studio,1BA | $799 |
| Via Apartments | Studio TC | Studio,1BA | $801 |
| 210 High St NE | 1 Beds, 1 Baths | 1BR,1BA | $825 |
| Imperial | Studio - Call for Availability | Studio,1BA | $900 |
| Sunchase Apartments | Jr 1x1 | 1BR,1BA | $905 |
Best Value Apartments for Rent in Netherwood Park, NM
As of January 04, 2026 the best value apartment in the Netherwood Park area is the $1.10 price per square foot 2br apartment corner unit Model at Four Seasons in the in the Southeast Quadrant neighborhood starting from $1,100. The second greatest value Netherwood Park apartment is the KaloDuo-Premium Model at Theta Apartments starting at $1,050 with a $1.17 price per square foot in the Northwest Quadrant 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 | $1.10 |
| Theta Apartments | KaloDuo-Premium | 2BR,2BA | $1.17 |
| Nob Hill Apartments | 2BR/1.5BA | 2BR,1.5BA | $1.55 |
| Marquee Village Apartments | KaloDuo | 2BR,1BA | $1.41 |
| Villas Del Cielo | 1 Bedroom | 1BR,1BA | $1.41 |
| Cresta North Valley | 1 bed/1 bath | 1BR,1BA | $1.60 |
| 309 Columbia Dr SE, Unit B | 309 Columbia Dr SE | 2BR,1BA | $1.47 |
| Arroyo Vista | One Bedroom | 1BR,1BA | $1.34 |
| 210 High St NE | 1 Beds, 1 Baths | 1BR,1BA | $1.27 |
| Silver Gardens Apartments | 1 Bedroom (60%) | 1BR,1BA | $1.54 |
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.
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Read ArticleCash 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 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.
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 Silver Gardens Apartments which is listed at $740, while the average apartment in Netherwood Park costs $2,400.
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 39 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 $553 which is $1,847 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.
Articles, How-To's, and Tips

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.

How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.





























