Cheap Apartments for Rent in the Parkland Hills Neighborhood of Albuquerque, NM from $400 (50 Rentals)

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

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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Warren Continental
Studio to 2 Bedroom Apartments

Warren Continental

1000 Louisiana Blvd SEAlbuquerque, NM 87108
Furnished
  • Utilities Included
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Princeton Hall Apartments
Studio to 1 Bedroom Apartments

Princeton Hall Apartments

318-320 Princeton Dr SEAlbuquerque, NM 87106
  • Utilities Included
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3409 Crest Ave SE
1 Bedroom Apartments

3409 Crest Ave SE

3409 Crest Ave SEAlbuquerque, NM 87106
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3400 Crest Ave SE
1 Bedroom Apartments

3400 Crest Ave SE

3400-3408 Crest Ave SEAlbuquerque, NM 87106
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Warren Park Apartments
Studio to 4 Bedroom Apartments

Warren Park Apartments

900 Continental Loop SEAlbuquerque, NM 87108
  • Utilities Included

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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126 Charleston St NE
Studio to 1 Bedroom Apartments

126 Charleston St NE

126-130 Charleston St SEAlbuquerque, NM 87108
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Yucca House
1 Bedroom Apartments

Yucca House

1015 Valencia Dr SEAlbuquerque, NM 87108
  • Utilities Included
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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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Casa Del Rey Sur
1 Bedroom Apartments

Casa Del Rey Sur

112 Cardenas Dr NEAlbuquerque, NM 87108
  • Utilities Included
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Donna Ann Apartments
1 to 2 Bedroom Apartments

Donna Ann Apartments

7905-8021 Marquette Ave NEAlbuquerque, NM 87108
  • Utilities Included

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.

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Kachina Apartments
1 to 2 Bedroom Apartments

Kachina Apartments

301 Harvard Dr SEAlbuquerque, NM 87106
  • Utilities Included
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Fair Plaza Apartments
1 Bedroom Apartments

Fair Plaza Apartments

5901 Alice Ave NEAlbuquerque, NM 87110
  • Utilities Included
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The Loop @950
Studio to 4 Bedroom Apartments

The Loop @950

950 Louisiana Blvd SEAlbuquerque, NM 87108
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Columbia Apartments
1 to 2 Bedroom Apartments

Columbia Apartments

205-209 Columbia Dr SEAlbuquerque, NM 87106
  • Utilities Included
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420 Jefferson St NE
1 to 2 Bedroom Apartments

420 Jefferson St NE

420 Jefferson St NEAlbuquerque, NM 87108
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1028 Alvarado Dr
1 Bedroom Apartments

1028 Alvarado Dr

1028 Alvarado DrAlbuquerque, NM 87108
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Manzano
2 Bedroom Apartments

Manzano

129-149 Manzano St NEAlbuquerque, NM 87108
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Somerset Lofts
1 Bedroom Apartments

Somerset Lofts

700 Truman St NEAlbuquerque, NM 87110
  • Utilities Included

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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Nova Peak
Studio to 1 Bedroom Apartments

Nova Peak

1200 Louisiana Blvd NEAlbuquerque, NM 87110
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Sun Apartments
1 Bedroom Apartments

Sun Apartments

433-437 Mesilla St SEAlbuquerque, NM 87108
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Nova Ridge
Studio to 2 Bedroom Apartments

Nova Ridge

1311 Louisiana Blvd NEAlbuquerque, NM 87110
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Hilltop House
Studio to 1 Bedroom Apartments

Hilltop House

5700 Copper Ave NEAlbuquerque, NM 87108
  • Utilities Included
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Espanola Apartments
1 Bedroom Apartments

Espanola Apartments

401 Espanola St SEAlbuquerque, NM 87108
  • Utilities Included
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2121 Gold Ave SE
Studio to 1 Bedroom Apartments

2121 Gold Ave SE

2121 Gold Ave SEAlbuquerque, NM 87106
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Casa dos Santos
Studio to 1 Bedroom Apartments

Casa dos Santos

520 Ortiz Dr SEAlbuquerque, NM 87108
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Skylight Apartments
2 Bedroom Apartments

Skylight Apartments

3410-3422 Vail 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.

Parkland Hills, Albuquerque, NM Local Guide

Cheapest Available Parkland Hills Apartments for Rent

 

The cheapest available apartment rental in the Parkland Hills area of Albuquerque, NM is a 1 Bed unit found at Home @ Valencia priced from $695. FREE UTILITIES!! GREAT VIBES!! has the second lowest priced unit, which is a Studio apartment currently listed from $699. Here are the most affordable Parkland Hills apartments for rent in Albuquerque, NM:

Apartment ListingModel NameBed/BathPriced From
Home @ Valencia1bd/1ba1BR,1BA$695
FREE UTILITIES!! GREAT VIBES!!Sailor Interior UnitsStudio,1BA$699
Nova Peak0BR/1.0BAStudio,1BA$700
White Oak Apartments1x11BR,1BA$716
Madeira CourtStudioStudio,1BA$749
Nova Point Gated Community0BR/1.0BAStudio,1BA$800
Casa dos SantosStudio 520Studio,1BA$800
La Vida NuevaStudiosStudio,1BA$800
Continental Arms Apartments: Charming Gated CommunityStudioStudio,1BA$820
White Oak ApartmentsCasa Del Rey Oeste1BR,1BA$823

Best Value Apartments for Rent in Parkland Hills, NM

As of December 21, 2025 the best value apartment in the Parkland Hills 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 Parkland Hills apartment is the Two Bedroom Two Bath Model at Aspen Ridge starting at $935 with a $1.09 price per square foot in the South San Pedro neighborhood. Here is today’s list of the best values for Parkland Hills apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Four Seasons2br apartment corner unit2BR,1BA$1.10
Aspen RidgeTwo Bedroom Two Bath2BR,2BA$1.09
328 Rhode Island (New) St NE2 bed/ 1 bath2BR,1BA$1.29
Villa Apartments1 Bed 1 Bath1BR,1BA$1.37
The Loop @9502x1 - 702 (1000 Building)2BR,1BA$1.32
The Portals ApartmentsA11BR,1BA$1.21
White Oak Apartments1x11BR,1BA$1.03
Casa de Sierra Senior ApartmentsOne Bedroom1BR,1BA$1.30
Spacious 2 Bedroom Apartment with Private Patio1 bedroom 1 bathroom1BR,1BA$1.28
Home @ Valencia1bd/1ba1BR,1BA$1.26

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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The 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.

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Quick 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.

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Pet Friendly Lifestyle
Parkland Hills, Albuquerque, NM

Ranked #168

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Getting Around the Parkland Hills Neighborhood in Albuquerque, NM

Walk Score®

71 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

83 / 100

Very Bikeable

Biking is convenient for most trips

Transit Score®

38 / 100

Some Transit

A few nearby public transportation options

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 $823.

What is the price of a cheap apartment in Parkland Hills?

The cheapest apartment in Parkland Hills is Home @ Valencia which is listed at $695, while the average apartment in Parkland Hills costs $1,512.

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 34 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 $238 which is $1,274 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

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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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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.

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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!