
Cheap Apartments for Rent in the Parkland Hills Neighborhood of Albuquerque, NM from $400 (50 Rentals)
Search the lowest-cost Apartments available for rent right now in the Parkland Hills area of Albuquerque.


Cinnamon Tree

Home @ Valencia

FREE UTILITIES!! GREAT VIBES!!

Madeira Court

1111 Amherst Dr SE

2129 Coal Ave SE
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

La Vida Nueva

333 Dallas St NE

Nova Point Gated Community

Princeton Hall Apartments
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.

7900-7904 Trumbull Ave SE

Patios - FREE Utilities+Standard Cable

Sunport Plaza 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.
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.
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

How much does it cost to rent an apartment in Parkland Hills?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Parkland Hills Studio Apartments | $889 | $620 | $1,350 |
| Parkland Hills 1 Bedroom Apartments | $983 | $689 | $1,999 |
| Parkland Hills 2 Bedroom Apartments | $1,238 | $825 | $2,400 |
| Parkland Hills 3 Bedroom Apartments | $1,566 | $1,200 | $2,100 |
Browse Apartments in this Neighborhood
There are currently 50 rentals with your search options within a 2 mile radius of the Parkland Hills Neighborhood of Albuquerque, NM.
See all Apartments in AlbuquerqueExplore Albuquerque
Parkland Hills, Albuquerque, NM Local Guide
- Nearby Albuquerque neighborhoods
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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 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Home @ Valencia | 1bd/1ba | 1BR,1BA | $695 |
| FREE UTILITIES!! GREAT VIBES!! | Sailor Interior Units | Studio,1BA | $699 |
| Nova Peak | 0BR/1.0BA | Studio,1BA | $700 |
| White Oak Apartments | 1x1 | 1BR,1BA | $716 |
| Madeira Court | Studio | Studio,1BA | $749 |
| Nova Point Gated Community | 0BR/1.0BA | Studio,1BA | $800 |
| Casa dos Santos | Studio 520 | Studio,1BA | $800 |
| La Vida Nueva | Studios | Studio,1BA | $800 |
| Continental Arms Apartments: Charming Gated Community | Studio | Studio,1BA | $820 |
| White Oak Apartments | Casa Del Rey Oeste | 1BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Four Seasons | 2br apartment corner unit | 2BR,1BA | $1.10 |
| Aspen Ridge | Two Bedroom Two Bath | 2BR,2BA | $1.09 |
| 328 Rhode Island (New) St NE | 2 bed/ 1 bath | 2BR,1BA | $1.29 |
| Villa Apartments | 1 Bed 1 Bath | 1BR,1BA | $1.37 |
| The Loop @950 | 2x1 - 702 (1000 Building) | 2BR,1BA | $1.32 |
| The Portals Apartments | A1 | 1BR,1BA | $1.21 |
| White Oak Apartments | 1x1 | 1BR,1BA | $1.03 |
| Casa de Sierra Senior Apartments | One Bedroom | 1BR,1BA | $1.30 |
| Spacious 2 Bedroom Apartment with Private Patio | 1 bedroom 1 bathroom | 1BR,1BA | $1.28 |
| Home @ Valencia | 1bd/1ba | 1BR,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.
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 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 #168
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
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
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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

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.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!


































