Cheap Homes for Rent in Parkway Neighborhood of Albuquerque, NM from $1,900 (3 Rentals)

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Search the lowest-cost Homes available for rent right now in the Parkway area of Albuquerque.

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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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

Parkway, Albuquerque, NM Local Guide

Best Value Apartments for Rent in Parkway, NM

As of September 17, 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 3 bedroom 2 bath Model at 1720 Atrisco - Units Available for Pre-lease starting at $1,865 with a $2.07 price per square foot in the Rancho Encantado neighborhood. Here is today’s list of the best values for Parkway apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Canon de Arrowhead2 bedroom 2 bath2BR,2BA$1.25
1720 Atrisco - Units Available for Pre-lease3 bedroom 2 bath3BR,2BA$2.07
Stride Westa10ar - Renovated1BR,1BA$1.56
Villa HermosaThe Aztec1BR,1BA$1.39
Welcome Home To Rio Volcan!1 bedroom 1 bath1BR,1BA$1.54
Volcanes CommonsOne Bedroom, One Bath1BR,1BA$1.53
Crescent RidgeJuniper1BR,1BA$1.74
El Campo Apartments1BR/1.0BA1BR,1BA$1.65
Tierra PointeS1Studio ,1BA$1.80
Route 66 Headquarters2025 StudiosStudio ,1BA$3.78

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Pet Friendly Lifestyle
Parkway, Albuquerque, NM

Ranked #230

Among cities in New Mexico for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Frequently Asked Questions about Parkway

What type of rentals are currently available in Parkway?

There are currently 53 Apartments for Rent in Parkway, NM with pricing that ranges from $730 to $1,805. There are also 4 Single Family Homes for rent, Condos, and Townhome rentals currently available in Parkway ranging from $1,950 to $2,995.

What is the current price range for Rental Homes in Parkway?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Parkway ranges from $1,950 to $2,995 with an average monthly rent of $2,589.

How much are larger Three and Four Bedroom Rentals in Parkway?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Parkway range from $1,150 to $1,805, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,950 to $2,195. Four Bedroom Single-Family rentals are also available starting from $2,700 and Four Bedroom Apartments start at $1,300.

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.

decorative image for A Local Experts Guide To The Best Budget-Friendly Neighborhoods to Rent in Albuquerque article

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.

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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.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.