
Cheap Apartments for Rent in the Netherwood Park Neighborhood of Albuquerque, NM from $400 (28 Rentals)
Search the lowest-cost Apartments available for rent right now in the Netherwood Park area of Albuquerque.


Encino Terrace Senior

Encanto Lofts Apartments

Silver Gardens Apartments

Comanche Wells

Union 505

Citadel - Free Utilities
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.

4211 Mesa Grande Pl SE

Calle Cuarta

1420 4th St NW

Columbian Apartments

1405 Gold Ave SE

Hacienda Norte Apartments

219 Walter St NE
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.

Kachina Apartments

1516 Tijeras Ave NE

Pine St Studios

Candelaria Gardens

1801 Coal Pl SE

420 Jefferson St NE

Columbia Apartments
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1611 Gold Ave SE

Manzano

Somerset Lofts

3617 Wellesley Dr SE

Aztec Manor

Downtown @ 700

2121 Gold Ave SE
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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

How much does it cost to rent an apartment in Netherwood Park?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Netherwood Park Studio Apartments | $1,062 | $547 | $1,800 |
| Netherwood Park 1 Bedroom Apartments | $1,089 | $725 | $1,882 |
| Netherwood Park 2 Bedroom Apartments | $1,382 | $875 | $2,399 |
| Netherwood Park 3 Bedroom Apartments | $1,542 | $1,331 | $1,800 |
| Netherwood Park 4 Bedroom Apartments | $2,400 | $2,400 | $2,400 |
Browse Apartments in this Neighborhood
There are currently 28 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 $547. Encanto Lofts Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $715. 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 | $547 |
| Encanto Lofts Apartments | Yucca - Studio | Studio,1BA | $715 |
| Silver Gardens Apartments | 1 Bedroom (50%) | 1BR,1BA | $740 |
| Comanche Wells | S1 | Studio,1BA | $774 |
| Union 505 | Studio | Studio,1BA | $785 |
| Via Apartments | Studio TC | Studio,1BA | $801 |
| 210 High St NE | 1 Beds, 1 Baths | 1BR,1BA | $815 |
| Rock Creek | Studio | Studio,1BA | $855 |
| Mehran Lofts | Studio | 1BR,1BA | $900 |
| Imperial | Studio - Call for Availability | Studio,1BA | $900 |
Best Value Apartments for Rent in Netherwood Park, NM
As of January 22, 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 | $1.49 |
| 1/2 OFF FIRST MONTHS RENT | 1BR/1.0BA | 1BR,1BA | $1.25 |
| Marquee Village Apartments | KaloDuo | 2BR,1BA | $1.41 |
| Villas Del Cielo | 1 Bedroom | 1BR,1BA | $1.32 |
| Arroyo Vista | One Bedroom | 1BR,1BA | $1.34 |
| 210 High St NE | 1 Beds, 1 Baths | 1BR,1BA | $1.25 |
| Peaks at Sandia View | 1x1R-640 | 1BR,1BA | $1.56 |
| 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.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
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 $900.
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 29 regular apartments in Netherwood Park that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
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.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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.