
Cheap Homes for Rent in Parkway Neighborhood of Albuquerque, NM from $1,700 (2 Rentals)
Search the lowest-cost Homes available for rent right now in the Parkway area of Albuquerque.


8023 Vinemont Pl NW
Parkway, Albuquerque, NM Local Guide

How much does it cost to rent a home in Parkway?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Parkway 3 Bedroom Homes for Rent | $2,105 | $1,750 | $2,350 |
| Parkway 4 Bedroom Homes for Rent | $2,295 | $2,295 | $2,295 |
Browse Homes for Rent in this Neighborhood
There are currently 2 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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Best Value Apartments for Rent in Parkway, NM
As of November 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 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 | $1.63 |
| 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 | $2.07 |
Quick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
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 Parkway
What type of rentals are currently available in Parkway?
There are currently 54 Apartments for Rent in Parkway, NM with pricing that ranges from $730 to $1,636. There are also 5 Single Family Homes for rent, Condos, and Townhome rentals currently available in Parkway ranging from $1,750 to $2,350.
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 $1,750 to $2,350 with an average monthly rent of $2,200.
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 $1,519, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,750 to $2,350. Four Bedroom Single-Family rentals are also available starting from $2,295 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.

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.