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$1,310 - $2,586
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1 to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,310 - $2,586
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Stride West
6101 Sequoia Rd NWAlbuquerque, NM 87120
Cheap Apartments for Rent in the Parkway Neighborhood of Albuquerque, NM from $400 (22 Rentals)
Search the lowest-cost Apartments available for rent right now in the Parkway area of Albuquerque.
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$1,054 - $1,3441 to 2 Bedroom Apartments Available Now
Mesa Ridge Apartments
3501 Atrisco Dr NWAlbuquerque, NM 87120
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$785 - $1,3001 to 4 Bedroom Apartments Contact Us For Availability
Bluewater Village
6600 Bluewater Rd NWAlbuquerque, NM 87121
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1 to 3 Bedroom Apartments
Volcanes Commons
6901 Glenrio Rd NWAlbuquerque, NM 87121
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1 Bedroom Apartments
342-350 Estancia Dr NW
342-350 Estancia Dr NWAlbuquerque, NM 87105
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Studio to 2 Bedroom Apartments
West Central RT 66 Apartments
6116 Central Ave SWAlbuquerque, NM 87105
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2 Bedroom Apartments
West Ridge Park
9301 Volcano Rd NWAlbuquerque, NM 87121
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.
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2 to 3 Bedroom Apartments
6005 Fortuna Rd NW
6005 Fortuna Rd NWAlbuquerque, NM 87105
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2 to 3 Bedroom Apartments
Marbella-Income Restricted Waitlist
6801 Glenrio Rd NWAlbuquerque, NM 87121
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Studio to 3 Bedroom Apartments
Tierra Pointe
6901-6901 Los Volcanes Rd NWAlbuquerque, NM 87121
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2 Bedroom Apartments
5315 Yucca Cir NE
5315 Yucca Cir NEAlbuquerque, NM 87120
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1 to 3 Bedroom Apartments
Canon de Arrowhead
1700 Market St NWAlbuquerque, NM 87120
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1 Bedroom Apartments
West Central Apartments
5817 Central Ave NWAlbuquerque, NM 87105
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Studio to 1 Bedroom Apartments
El Campo Apartments
5800 Central Ave SWAlbuquerque, NM 87105
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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1 to 3 Bedroom Apartments
Welcome Home To Rio Volcan!
1919 Ladera Dr NWAlbuquerque, NM 87120
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1 to 3 Bedroom Apartments
Phoenix Apartments: Rises Above the Rest!
1720 Atrisco Dr NWAlbuquerque, NM 87105
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1 Bedroom Apartments
Casa Lynne Apartments
386 57th NWAlbuquerque, NM 87105
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1 Bedroom Apartments
New Life Homes 4
6600 Delia Rd SWAlbuquerque, NM 87121
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2 Bedroom Apartments
Tucson Apartments
5401-5405 Tucson Rd NWAlbuquerque, NM 87120
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1 Bedroom Apartments
AHEPA 501 - I Senior Apartments
6800 Los Volcanes Rd NWAlbuquerque, NM 87121
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Studio to 1 Bedroom Apartments
Central West Apartments
5501 Central Ave NWAlbuquerque, NM 87105
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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1 to 2 Bedroom Apartments
La Serena Senior
457 Coors Blvd NWAlbuquerque, NM 87121
Showing Results 1-22, Page 1 of 1
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 | $1,245 | $785 | $1,527 |
| Parkway 2 Bedroom Apartments | $1,302 | $895 | $1,774 |
| Parkway 3 Bedroom Apartments | $1,187 | $1,150 | $1,224 |
| Parkway 4 Bedroom Apartments | $1,300 | $1,300 | $1,300 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
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 $891. Villa Hermosa has the second lowest priced unit, which is a 1 Bed apartment currently listed from $955. 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 | $891 |
| Villa Hermosa | The Aztec | 1BR,1BA | $955 |
| Welcome Home To Rio Volcan! | 1 bedroom 1 bath | 1BR,1BA | $964 |
| Mesa Ridge Apartments | The Sage | 1BR,1BA | $1,089 |
| Canon de Arrowhead | 2 bedroom 2 bath | 2BR,2BA | $1,154 |
Best Value Apartments for Rent in Parkway, NM
As of June 08, 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 a10ar - Renovated Model at Stride West starting at $1,502 with a $1.88 price per square foot in the Northwest Quadrant 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 |
| Stride West | a10ar - Renovated | 1BR,1BA | $1.88 |
| Generations at West Mesa | Two Bedroom One Bathroom 768 Sq Ft | 2BR,1BA | $1.52 |
| Welcome Home To Rio Volcan! | 1 bedroom 1 bath | 1BR,1BA | $1.38 |
| Phoenix Apartments: Rises Above the Rest! | 2 bedroom 1 bath | 2BR,1BA | $1.90 |
| Villa Hermosa | The Aztec | 1BR,1BA | $1.37 |
| Mesa Ridge Apartments | The Sage | 1BR,1BA | $1.67 |
| Tierra Pointe | S1 | Studio ,1BA | $2.11 |
Frequently Asked Questions about Cheap Parkway Apartments
What is the price of a cheap apartment in Parkway?
The cheapest apartment in Parkway is Villa Hermosa which is listed at $955, while the average apartment in Parkway costs $1,300.
What types of apartments are the cheapest in Parkway?
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 17 regular apartments in Parkway that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
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.
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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.
The Students Guide to Albuquerque: Top Neighborhoods That Put CNM and UNM Life Within Reach
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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.
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Pet-Friendly Renting: Everything You Need to Know Before You Move
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Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.
Neighborhood and Market Insights: How to Choose the Right Area to Rent
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Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.
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.