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$1,257 - $2,496
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1 to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,257 - $2,496
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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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Rent Specials
$1,029 - $1,3891 to 2 Bedroom Apartments Available Jul 31
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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2 Bedroom Apartments
West Ridge Park
9301 Volcano 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
Your Guide to the Best Neighborhoods to Rent Near Albuquerque’s Top Employers
Moving to Albuquerque? Find the best neighborhoods near Sandia Labs, Presbyterian Healthcare Services, and UNM. Cut your commute, boost your quality of life, and find your perfect apartment or rental home.
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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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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
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1 to 3 Bedroom Apartments
Welcome Home To Rio Volcan!
1919 Ladera Dr NWAlbuquerque, NM 87120
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
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1 to 3 Bedroom Apartments
Phoenix Apartments
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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Studio to 2 Bedroom Apartments
Corona Del Sol Apartments
5180 Sequoia RdAlbuquerque, NM 87120
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2 Bedroom Apartments
Tucson Apartments
5401-5405 Tucson Rd NWAlbuquerque, NM 87120
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1 to 2 Bedroom Apartments
La Serena Senior
457 Coors Blvd NWAlbuquerque, NM 87121
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Studio to 1 Bedroom Apartments
Central West Apartments
5501 Central Ave NWAlbuquerque, NM 87105
Albuquerque Uncovered: Your Local Expert's Guide to the High Desert City
Find your perfect spot in ABQ. Get a local's breakdown of Albuquerque neighborhoods like Nob Hill and Downtown, plus tips on navigating the city’s unique charm and high-desert lifestyle.
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1 Bedroom Apartments
AHEPA 501 - I Senior Apartments
6800 Los Volcanes Rd 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 | $1,233 | $785 | $1,467 |
| Parkway 2 Bedroom Apartments | $1,325 | $895 | $1,700 |
| Parkway 3 Bedroom Apartments | $1,311 | $1,150 | $1,473 |
| 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 $930. 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 | $930 |
| Welcome Home To Rio Volcan! | 1 bedroom 1 bath | 1BR,1BA | $964 |
| Villa Hermosa | The Pueblo | 2BR,1BA | $1,008 |
| Generations at West Mesa | Two Bedroom One Bathroom 768 Sq Ft | 2BR,1BA | $1,031 |
| Canon de Arrowhead | 2 bedroom 2 bath | 2BR,2BA | $1,154 |
Best Value Apartments for Rent in Parkway, NM
As of July 24, 2026 the best value apartment in the Parkway area is the $1.32 price per square foot Sequoia Model at Crescent Ridge in the in the Ironhorse at El Rancho Grande neighborhood starting from $1,450. The second greatest value Parkway apartment is the The Taos Model at Villa Hermosa starting at $1,156 with a $1.25 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. |
|---|---|---|---|
| Crescent Ridge | Sequoia | 4BR,2BA | $1.32 |
| Villa Hermosa | The Taos | 2BR,2BA | $1.25 |
| Canon de Arrowhead | 2 bedroom 2 bath | 2BR,2BA | $1.25 |
| Stride West | a10ar - Renovated | 1BR,1BA | $1.80 |
| Generations at West Mesa | Two Bedroom One Bathroom 768 Sq Ft | 2BR,1BA | $1.34 |
| Welcome Home To Rio Volcan! | 1 bedroom 1 bath | 1BR,1BA | $1.38 |
| Tierra Pointe | S1 | Studio ,1BA | $2.20 |
Frequently Asked Questions about Cheap Parkway Apartments
What is the price of a cheap apartment in Parkway?
The cheapest apartment in Parkway is Welcome Home To Rio Volcan! which is listed at $964, while the average apartment in Parkway costs $1,311.
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 5 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.
Helpful Local Expert Guides
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.
Albuquerque Uncovered: Your Local Expert's Guide to the High Desert City
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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.
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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.
A Local Expert's Guide To The Best Budget-Friendly Neighborhoods to Rent in Albuquerque
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Albuquerque, New Mexico, offers culture, diversity, and beautiful landscapes. Each neighborhood blends historic charm with nature, education, and entertainment.
Articles, How-To's, and Tips
Rent According to Income: A Look at Income-Restricted Rentals
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The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
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Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.
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There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
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Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.