Cheap Apartments for Rent in the Netherwood Park Neighborhood of Albuquerque, NM from $400 (97 Rentals)

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

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Comanche Wells
Rent Specials
$778 - $2,849
Total Monthly Price

Total Monthly Price

Base Rent
$778 - $2,849

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Varies
Studio to 2 Bedroom Apartments Available Now

Comanche Wells

3400 Comanche Rd NEAlbuquerque, NM 87107
Corporate Housing
  • Verified
  • Customer Reviewed
  • Low Income
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Union 505
Rent Specials
$817 - $2,811
Total Monthly Price

Total Monthly Price

Base Rent
$817 - $2,811

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

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.

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Tesota Morningside
Rent Specials
$952 - $1,330
Total Monthly Price

Total Monthly Price

Base Rent
$952 - $1,330

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1 to 2 Bedroom Apartments Available May 8

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.

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Sun Plaza
Rent Specials
$1,065 - $1,882
Total Monthly Price

Total Monthly Price

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$1,065 - $1,882

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1 to 3 Bedroom Apartments Available Now

Sun Plaza

4400 Montgomery Blvd NEAlbuquerque, NM 87109
Affordability
  • Verified
  • Customer Reviewed
  • 3D Tour
property at 1508 Edith Blvd NE

$1,100 - $1,600

Total Monthly Price

Total Monthly Price

Base Rent
$1,100 - $1,600

Total Monthly Price
$1,100 - $1,600

Studio To 2 Bedroom Homes for Rent

Available Now

1508 Edith Blvd NE

AlbuquerqueNM87102

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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Glo Apartments
$1,277 - $1,823
Total Monthly Price

Total Monthly Price

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$1,277 - $1,823

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Studio to 2 Bedroom Apartments Available Now

Glo Apartments

3901 Indian School Rd NEAlbuquerque, NM 87110
Transit Friendly
  • Verified
  • Customer Reviewed
  • 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.

property at 1506 Edith Blvd NE

$1,350

Total Monthly Price

Total Monthly Price

Base Rent
$1,350

Total Monthly Price
$1,350

1 Bedroom, 1 Bath Home for Rent

Available Now

1506 Edith Blvd NE

AlbuquerqueNM87102
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Siegel Select ABQ I
$1,363 - $1,661
Total Monthly Price

Total Monthly Price

Base Rent
$1,363 - $1,661

Total Monthly Price
$1,363 - $1,661
Studio Apartments Available Now

Siegel Select ABQ I

2500 University Blvd NEAlbuquerque, NM 87107
Furnished
  • Verified
  • Utilities Included
  • 3D Tour
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Calle Cuarta
Studio to 3 Bedroom Apartments

Calle Cuarta

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

1420 4th St NW

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

Columbian Apartments

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

1405 Gold Ave SE

1405 Gold Ave SEAlbuquerque, NM 87106
  • Utilities Included

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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 $735. Comanche Wells has the second lowest priced unit, which is a Studio apartment currently listed from $782. 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$735
Comanche WellsS1Studio,1BA$782
Rock CreekStudioStudio,1BA$799
Union 505StudioStudio,1BA$817
Encanto Lofts ApartmentsAspen - One Bedroom One Bath1BR,1BA$835
Via Apartments1 bedroom 1 bathroom TC1BR,1BA$864
Sunchase ApartmentsJr 1x11BR,1BA$905
Desert Creek ApartmentsThe SonoranStudio,1BA$954
Mont 44 Apartments1 Bedroom, 1 Bathroom TC1BR,1BA$964
Arroyo VistaOne Bedroom1BR,1BA$971

Best Value Apartments for Rent in Netherwood Park, NM

As of April 24, 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 Model at Theta Apartments starting at $1,075 with a $1.20 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Four Seasons2br apartment corner unit2BR,1BA$1.10
Theta ApartmentsKaloDuo2BR,2BA$1.20
Marquee Village ApartmentsKaloDuo2BR,1BA$1.47
Villa EsperanzaTwo Bedroom One and a Half Bath2BR,1BA$1.54
Silver Gardens ApartmentsTwo Bedroom, Two Bath (60%) - $200 Special2BR,2BA$1.43
Arroyo VistaTwo Bedroom2BR,1BA$1.48
Villas Del Cielo1 Bedroom1BR,1BA$1.41
505 Central LoftsStudioStudio ,1BA$1.35
Via Apartments1 bedroom 1 bathroom Renovated1BR,1BA$1.53
210 High St NE0 Beds, 1 BathsStudio ,1BA$1.47

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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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.

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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
Netherwood Park, Albuquerque, NM

Ranked #79

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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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 $971.

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 $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 28 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 $469 which is $1,931 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

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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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.