
Cheap Apartments for Rent in the Parkland Hills Neighborhood of Albuquerque, NM from $400 (47 Rentals)
Search the lowest-cost Apartments available for rent right now in the Parkland Hills area of Albuquerque.


The Loop @950

Cinnamon Tree

White Oak Apartments

FREE UTILITIES!! GREAT VIBES!!

1111 Amherst Dr SE

2129 Coal Ave SE

4211 Mesa Grande Pl SE

La Vida Nueva
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.

333 Dallas St NE

Nova Point Gated Community

Warren Continental

Princeton Hall Apartments

3409 Crest Ave SE

3400 Crest Ave SE

209 Charleston St NE

Warren Park Apartments

7900-7904 Trumbull Ave SE
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.

126 Charleston St NE

217 Pennsylvania St NE

Yucca House

Columbian Apartments

Patios - FREE Utilities+Standard Cable

Casa Del Rey Sur

Sunport Plaza Apartments

Donna Ann Apartments

Hacienda Norte Apartments
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.

Kachina Apartments

Fair Plaza Apartments

328 Tennessee St SE

420 Jefferson St NE

200-206 Pennsylvania St NE

Columbia Apartments

1028 Alvarado Dr

Manzano

Somerset Lofts
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.

Nova Peak

Nova Ridge

Sun Apartments

Alvarado Apartments

Hilltop House

Mesa Hills Senior Living

Espanola Apartments

Uptown Horizon

2121 Gold Ave SE
Parkland Hills - One of the Best Affordable Neighborhoods in Albuquerque
Named as one of the Best Affordable Areas to rent in Albuquerque by our Local Expert Esther Lombardi. See how it ranks!

Casa dos Santos

Skylight Apartments
Parkland Hills, Albuquerque, NM Local Guide

How much does it cost to rent an apartment in Parkland Hills?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Parkland Hills Studio Apartments | $819 | $620 | $1,658 |
| Parkland Hills 1 Bedroom Apartments | $1,027 | $716 | $1,890 |
| Parkland Hills 2 Bedroom Apartments | $1,209 | $805 | $2,407 |
| Parkland Hills 3 Bedroom Apartments | $1,504 | $1,200 | $2,100 |
| Parkland Hills 4 Bedroom Apartments | $1,495 | $1,495 | $1,495 |
Browse Apartments in this Neighborhood
There are currently 47 rentals with your search options within a 2 mile radius of the Parkland Hills Neighborhood of Albuquerque, NM.
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Parkland Hills, Albuquerque, NM Local Guide
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Cheapest Available Parkland Hills Apartments for Rent
 The cheapest available apartment rental in the Parkland Hills area of Albuquerque, NM is a Studio unit found at The Loop @950 priced from $645. Nova Peak has the second lowest priced unit, which is a Studio apartment currently listed from $700. Here are the most affordable Parkland Hills apartments for rent in Albuquerque, NM:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Loop @950 | 0x1 - 280 | Studio,1BA | $645 |
| Nova Peak | 0BR/1.0BA | Studio,1BA | $700 |
| White Oak Apartments | 1x1 | 1BR,1BA | $716 |
| FREE UTILITIES!! GREAT VIBES!! | Sailor Interior Units | Studio,1BA | $720 |
| La Vida Nueva | Studios | Studio,1BA | $800 |
| Nova Point Gated Community | 0BR/1.0BA | Studio,1BA | $800 |
| Las Brisas | 1 Bed, 1 Bath A (60% Income Restricted) | 1BR,1BA | $812 |
| Madeira Court | Studio | Studio,1BA | $815 |
| White Oak Apartments | Casa Del Rey Oeste | 1BR,1BA | $823 |
| El Pueblo - Ultimate Urban Living | Studio | Studio,1BA | $840 |
Best Value Apartments for Rent in Parkland Hills, NM
As of February 19, 2026 the best value apartment in the Parkland Hills area is the $0.98 price per square foot Three Bedroom Two Bath Model at Aspen Ridge in the in the South San Pedro neighborhood starting from $1,073. The second greatest value Parkland Hills apartment is the 2br apartment corner unit Model at Four Seasons starting at $1,100 with a $1.10 price per square foot in the Southeast Quadrant neighborhood. Here is today’s list of the best values for Parkland Hills apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Aspen Ridge | Three Bedroom Two Bath | 3BR,2BA | $0.98 |
| Four Seasons | 2br apartment corner unit | 2BR,1BA | $1.10 |
| 339 Madison St NE | 339 Madison St NE | 2BR,1BA | $1.36 |
| 417 Princeton Dr. SE, Unit "B" | 417 Princeton Dr. SE | 1BR,1BA | $1.33 |
| 328 Rhode Island (New) St NE | 2 bed/ 1 bath | 2BR,1BA | $1.23 |
| Villa Apartments | 1 Bed 1 Bath | 1BR,1BA | $1.37 |
| 535 Texas St NE, Unit A | 535 Texas St NE | 2BR,1BA | $1.19 |
| White Oak Apartments | 1x1 | 1BR,1BA | $1.03 |
| Casa de Sierra Senior Apartments | One Bedroom | 1BR,1BA | $1.30 |
| Plaza Del Sol | 1 Bedroom 1 Bath - 38714 | 1BR,1BA | $1.32 |
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.
Pet Friendly LifestyleParkland Hills, Albuquerque, NM
Ranked #197
Among cities in New Mexico for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Parkland Hills, Albuquerque, NM
School data provided by Great Schools
Frequently Asked Questions about Cheap Parkland Hills Apartments
What is a cheap apartment in Parkland Hills?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Parkland Hills is under $840.
What is the price of a cheap apartment in Parkland Hills?
The cheapest apartment in Parkland Hills is White Oak Apartments which is listed at $716, while the average apartment in Parkland Hills costs $1,495.
What types of apartments are the cheapest in Parkland Hills?
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 33 regular apartments in Parkland Hills 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 Parkland Hills?
Cheap apartments in Parkland Hills have an average cost of $191 which is $1,304 cheaper than the average rent for all rentals in Parkland Hills.
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.

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.

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.