
Cheap Apartments for Rent in the Parkway Neighborhood of Albuquerque, NM from $444 (22 Rentals)
Search the lowest-cost Apartments available for rent right now in the Parkway area of Albuquerque.


Mesa Ridge Apartments

Bluewater Village

Volcanes Commons

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West Ridge Park

342-350 Estancia Dr NW
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6005 Fortuna Rd NW

Tierra Pointe

Marbella-Income Restricted Waitlist

Canon de Arrowhead

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Welcome Home To Rio Volcan!
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La Serena Senior
Parkway, Albuquerque, NM Local Guide

How much does it cost to rent an apartment in Parkway?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Parkway 1 Bedroom Apartments | $1,287 | $885 | $1,514 |
| Parkway 2 Bedroom Apartments | $1,318 | $995 | $1,737 |
| Parkway 3 Bedroom Apartments | $1,361 | $1,250 | $1,473 |
| Parkway 4 Bedroom Apartments | $1,400 | $1,400 | $1,400 |
Browse Apartments in this Neighborhood
There are currently 22 rentals with your search options within a 2 mile radius of the Parkway Neighborhood of Albuquerque, NM.
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Cheapest Available Parkway Apartments for Rent
 The cheapest available apartment rental in the Parkway area of Albuquerque, NM is a Studio unit found at Tierra Pointe priced from $828. Welcome Home To Rio Volcan! has the second lowest priced unit, which is a 1 Bed apartment currently listed from $964. Here are the most affordable Parkway apartments for rent in Albuquerque, NM:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Tierra Pointe | S1 | Studio,1BA | $828 |
| Welcome Home To Rio Volcan! | 1 bedroom 1 bath | 1BR,1BA | $964 |
| Villa Hermosa | The Pueblo | 2BR,1BA | $1,003 |
| Mesa Ridge Apartments | The Iris | 1BR,1BA | $1,029 |
| Generations at West Mesa | Two Bedroom One Bathroom 768 Sq Ft | 2BR,1BA | $1,050 |
Best Value Apartments for Rent in Parkway, NM
As of September 07, 2026 the best value apartment in the Parkway area is the $1.25 price per square foot 2 bedroom 2 bath Model at Canon de Arrowhead in the in the Alamosa neighborhood starting from $1,154. The second greatest value Parkway apartment is the Acacia Model at Crescent Ridge starting at $1,273 with a $1.44 price per square foot in the Ironhorse at El Rancho Grande neighborhood. Here is today’s list of the best values for Parkway apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Canon de Arrowhead | 2 bedroom 2 bath | 2BR,2BA | $1.25 |
| Crescent Ridge | Acacia | 2BR,2BA | $1.44 |
| Stride West | a10ar - Renovated | 1BR,1BA | $1.81 |
| Phoenix Apartments | 2 bedroom 1 bath | 2BR,1BA | $1.72 |
| Generations at West Mesa | Two Bedroom One Bathroom 768 Sq Ft | 2BR,1BA | $1.37 |
| Welcome Home To Rio Volcan! | 1 bedroom 1 bath | 1BR,1BA | $1.38 |
| Villa Hermosa | The Aztec | 1BR,1BA | $1.50 |
| Mesa Ridge Apartments | The Iris | 1BR,1BA | $1.79 |
| Tierra Pointe | A1 | 1BR,1BA | $2.12 |
Frequently Asked Questions about Cheap Parkway Apartments
How much is rent for a Cheap One Bedroom Parkway Apartment?
The lowest price for a Cheap One Bedroom Parkway Apartment is $964 at Welcome Home To Rio Volcan!.
What is the lowest price for a Cheap Two Bedroom Parkway Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Parkway is starting from $1,028 at Villa Hermosa.
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

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