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$1,050 - $2,8191 to 2 Bedroom Apartments Available Now
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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$8751 Bedroom Apartments Contact Us For Availability
El Campo Apartments
5800 Central Ave SWAlbuquerque, NM 87105
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$770 - $3,147Studio to 3 Bedroom Apartments Available Now
Tierra Pointe
6901-6901 Los Volcanes Rd NWAlbuquerque, NM 87121
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Rent Specials
$1,004 - $1,4341 to 2 Bedroom Apartments Available Now
Mesa Ridge Apartments
3501 Atrisco Dr NWAlbuquerque, NM 87120
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$730 - $1,3001 to 4 Bedroom Apartments Contact Us For Availability
Bluewater Village
6600 Bluewater Rd NWAlbuquerque, NM 87121
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$902 - $1,2321 to 3 Bedroom Apartments Available Now
Volcanes Commons
6901 Glenrio Rd NWAlbuquerque, NM 87121
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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 to 3 Bedroom Apartments
Marbella-Income Restricted Waitlist
6801 Glenrio Rd NWAlbuquerque, NM 87121
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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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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 Studio Apartments | $825 | $770 | $905 |
| Parkway 1 Bedroom Apartments | $1,059 | $730 | $1,323 |
| Parkway 2 Bedroom Apartments | $1,249 | $895 | $1,636 |
| Parkway 3 Bedroom Apartments | $1,306 | $1,150 | $1,519 |
| Parkway 4 Bedroom Apartments | $1,300 | $1,300 | $1,300 |
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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Parkway, Albuquerque, NM Local Guide
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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 $770. Volcanes Commons has the second lowest priced unit, which is a 1 Bed apartment currently listed from $902. 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 | $770 |
| Volcanes Commons | One Bedroom, One Bath | 1BR,1BA | $902 |
| Crescent Ridge | Juniper | 1BR,1BA | $952 |
| Welcome Home To Rio Volcan! | 1 bedroom 1 bath | 1BR,1BA | $964 |
| Stride West | a10a | 1BR,1BA | $1,050 |
Best Value Apartments for Rent in Parkway, NM
As of November 15, 2025 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 The Pueblo Casita Model at Villa Hermosa starting at $1,163 with a $1.32 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 |
| Villa Hermosa | The Pueblo Casita | 2BR,1BA | $1.32 |
| Stride West | a10ar - Renovated | 1BR,1BA | $1.62 |
| Phoenix Apartments: Rises Above the Rest! | 2 bedroom 1 bath | 2BR,1BA | $1.72 |
| Mesa Ridge Apartments | The Sage | 1BR,1BA | $1.63 |
| Welcome Home To Rio Volcan! | 1 bedroom 1 bath | 1BR,1BA | $1.54 |
| Volcanes Commons | One Bedroom, One Bath | 1BR,1BA | $1.53 |
| Crescent Ridge | Juniper | 1BR,1BA | $1.74 |
| Tierra Pointe | A1 | 1BR,1BA | $2.09 |
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Pet Friendly LifestyleParkway, Albuquerque, NM
Ranked #230
Among cities in New Mexico for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Frequently Asked Questions about Cheap Parkway Apartments
What is the price of a cheap apartment in Parkway?
The cheapest apartment in Parkway is Volcanes Commons which is listed at $902, while the average apartment in Parkway costs $1,319.
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 26 regular apartments in Parkway 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 Parkway?
Cheap apartments in Parkway have an average cost of $487 which is $832 cheaper than the average rent for all rentals in Parkway.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.
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.
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!
The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.