8612 Casa Vistosa Ct NW
AlbuquerqueNM87120
Cheap Homes for Rent in Parkway Neighborhood of Albuquerque, NM from $1,700 (5 Rentals)
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$1,8003 Bedroom Apartments Available Now
2424 Vista Grande Dr NW
2424 Vista Grande Dr NWAlbuquerque, NM 87120
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.
8023 Vinemont Pl NW
AlbuquerqueNM87120
8415 Cedarcroft Rd NW
AlbuquerqueNM87120
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.
8204 Tangerine Pl NW
AlbuquerqueNM87120
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Parkway, Albuquerque, NM Local Guide
How much does it cost to rent a home in Parkway?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Parkway 2 Bedroom Homes for Rent | $1,937 | $1,900 | $1,975 |
| Parkway 3 Bedroom Homes for Rent | $1,980 | $1,750 | $2,250 |
| Parkway 4 Bedroom Homes for Rent | $2,500 | $2,500 | $2,500 |
Browse Homes for Rent in this Neighborhood
There are currently 5 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 $797. 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 | $797 |
| Volcanes Commons | One Bedroom, One Bath | 1BR,1BA | $902 |
| Welcome Home To Rio Volcan! | 1 bedroom 1 bath | 1BR,1BA | $964 |
Best Value Apartments for Rent in Parkway, NM
As of January 19, 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 3 bedroom 2 bath Model at Phoenix Apartments: Rises Above the Rest! 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Canon de Arrowhead | 2 bedroom 2 bath | 2BR,2BA | $1.25 |
| Phoenix Apartments: Rises Above the Rest! | 3 bedroom 2 bath | 3BR,2BA | $2.07 |
| Crescent Ridge | Acacia | 2BR,2BA | $1.33 |
| Villa Hermosa | The Pueblo Casita | 2BR,1BA | $1.32 |
| Stride West | a10ar - Renovated | 1BR,1BA | $1.66 |
| Generations at West Mesa | Two Bedroom One Bathroom 768 Sq Ft | 2BR,1BA | $1.48 |
| 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 |
| Tierra Pointe | A1 | 1BR,1BA | $1.94 |
Frequently Asked Questions about Parkway
What type of rentals are currently available in Parkway?
There are currently 55 Apartments for Rent in Parkway, NM with pricing that ranges from $730 to $1,800. There are also 10 Single Family Homes for rent, Condos, and Townhome rentals currently available in Parkway ranging from $1,750 to $2,500.
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 $2,500 with an average monthly rent of $2,139.
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 $1,800, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,750 to $2,250. Four Bedroom Single-Family rentals are also available starting from $2,500 and Four Bedroom Apartments start at $1,300.
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.
Articles, How-To's, and Tips
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.
A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.
Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.
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.