
Cheap Homes for Rent in Parkland Hills Neighborhood of Albuquerque, NM from $700 (20 Rentals)
Search the lowest-cost Homes available for rent right now in the Parkland Hills area of Albuquerque.


233 Tennessee St NE

520 Indiana St SE

332 Grove St SE

312 Grove St NE

4706 Crest Ave SE
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.

310 Charleston St SE

20 Chama St NE

1025 Valencia Dr SE

7614 Domingo Rd NE

1832 Buena Vista Dr SE

2xx Bryn Mawr Dr 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.

420 Rhode Island St SE

404 Dartmouth Dr SE

2800 Vail Ave SE

1326 San Pedro Dr SE, Unit B

Furnished Studio-Albuquerque - Airport

1918 Buena Vista Dr 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.

720 Truman St NE

324 Aliso Dr NE
Parkland Hills, Albuquerque, NM Local Guide

How much does it cost to rent a home in Parkland Hills?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Parkland Hills 2 Bedroom Homes for Rent | $1,997 | $800 | $4,200 |
| Parkland Hills 3 Bedroom Homes for Rent | $2,641 | $1,350 | $7,000 |
| Parkland Hills 4 Bedroom Homes for Rent | $2,269 | $1,900 | $2,500 |
| Parkland Hills 5 Bedroom Homes for Rent | $2,395 | $2,395 | $2,395 |
Browse Homes for Rent in this Neighborhood
There are currently 20 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. Home @ Valencia has the second lowest priced unit, which is a 1 Bed apartment currently listed from $695. 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 |
| Home @ Valencia | 1bd/1ba | 1BR,1BA | $695 |
| White Oak Apartments | 1x1 | 1BR,1BA | $716 |
| Nova Ridge | S1 | Studio,1BA | $725 |
| Madeira Flats- Utilities Included! | STU | Studio,1BA | $775 |
Best Value Apartments for Rent in Parkland Hills, NM
As of May 25, 2026 the best value apartment in the Parkland Hills area is the $1.15 price per square foot 2br apartment corner unit Model at Four Seasons in the in the Southeast Quadrant neighborhood starting from $1,150. 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 | $1.15 |
| Aspen Ridge | Two Bedroom Two Bath | 2BR,2BA | $1.09 |
| Villa Apartments | 1 Bed 1 Bath | 1BR,1BA | $1.37 |
| The Portals Apartments | A1 | 1BR,1BA | $1.14 |
| White Oak Apartments | 1x1 | 1BR,1BA | $1.03 |
| Casa de Sierra Senior Apartments | One Bedroom | 1BR,1BA | $1.15 |
| The Lanai Apartments | 3rd Floor 1be/1bath | 1BR,1BA | $1.38 |
| Updated Studio, one bedroom and two bedroom units | 1BD | 1BR,1BA | $1.38 |
| 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 ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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 #152
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 Parkland Hills
What type of rentals are currently available in Parkland Hills?
There are currently 625 Apartments for Rent in Parkland Hills, NM with pricing that ranges from $500 to $2,407. There are also 54 Single Family Homes for rent, Condos, and Townhome rentals currently available in Parkland Hills ranging from $750 to $7,000.
What is the current price range for Rental Homes in Parkland Hills?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Parkland Hills ranges from $750 to $7,000 with an average monthly rent of $1,960.
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.
Helpful Local Expert Guides

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.

The Students Guide to Albuquerque: Top Neighborhoods That Put CNM and UNM Life Within Reach
Written by: Esther Lombardi
There’s more to Albuquerque than just the breathtaking landscapes and tasty green chilies. As both a student and a parent, I see Albuquerque as a learning hub that nurtures curiosity and encourages growth and enrichment.

Albuquerque Uncovered: Your Local Experts Guide to the High Desert City
Written by: Esther Lombardi
Hello from Albuquerque, New Mexico! I’m Esther, your ApartmentHomeLiving.com Local Expert for Albuquerque, and I’m here to give you the inside scoop on this unique city.

Your Guide to the Best Neighborhoods to Rent Near Albuquerques Top Employers
Written by: Esther Lombardi
I still recollect my first morning commute in Albuquerque.
Articles, How-To's, and Tips

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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.

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.

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.