Cheap Homes for Rent in Summit Park Neighborhood of Albuquerque, NM from $700 (14 Rentals)

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

property at 720 Truman St NE

$1,300 - $1,900

Total Monthly Price

Total Monthly Price

Base Rent
$1,300 - $1,900

Total Monthly Price
$1,300 - $1,900

1 To 2 Bedroom Homes for Rent

Available Now

720 Truman St NE

AlbuquerqueNM87110

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

property at 219 Girard Blvd SE

$1,500 - $2,400

Total Monthly Price

Total Monthly Price

Base Rent
$1,500 - $2,400

Total Monthly Price
$1,500 - $2,400

1 To 2 Bedroom Homes for Rent

Available Now

219 Girard Blvd SE

AlbuquerqueNM87106

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.

Summit Park, Albuquerque, NM Local Guide

Cheapest Available Summit Park Apartments for Rent

 

The cheapest available apartment rental in the Summit Park area of Albuquerque, NM is a Studio unit found at 210 High St NE priced from $700. Encino Terrace Senior has the second lowest priced unit, which is a Studio apartment currently listed from $720. Here are the most affordable Summit Park apartments for rent in Albuquerque, NM:

Apartment ListingModel NameBed/BathPriced From
210 High St NE0 Beds, 1 BathsStudio,1BA$700
Encino Terrace SeniorStudioStudio,1BA$720
Comanche WellsS1Studio,1BA$765
Union 505StudioStudio,1BA$784
The Villas @ UptownStudio UpgradeStudio,1BA$800

Best Value Apartments for Rent in Summit Park, NM

As of May 20, 2026 the best value apartment in the Summit Park area is the $1.15 price per square foot 2br apartment corner unit Model at Four Seasons in the in the Southeast Quadrant neighborhood starting from $1,150. The second greatest value Summit Park apartment is the 417 Princeton Dr. SE Model at 417 Princeton Dr. SE, Unit "B" starting at $1,200 with a $1.33 price per square foot in the Southeast Quadrant neighborhood. Here is today’s list of the best values for Summit Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Four Seasons2br apartment corner unit2BR,1BA$1.15
417 Princeton Dr. SE, Unit "B"417 Princeton Dr. SE1BR,1BA$1.33
1013 Dickerson Dr SE, Unit B1013 Dickerson Dr SE2BR,1BA$1.50
Marquee Village ApartmentsKaloDuo2BR,1BA$1.47
Villas Del Cielo1 Bedroom1BR,1BA$1.41
Casa de Sierra Senior ApartmentsOne Bedroom1BR,1BA$1.30
Pine St StudiosUnit 081BR,1BA$1.31
Spacious 2 Bedroom Apartment with Private Patio1 bedroom 1 bathroom1BR,1BA$1.28
White Oak ApartmentsCasa Del Rey Oeste1BR,1BA$1.56
210 High St NE0 Beds, 1 BathsStudio ,1BA$1.40

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.

Read Article
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Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Pet Friendly Lifestyle
Summit Park, Albuquerque, NM

Ranked #184

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Frequently Asked Questions about Summit Park

What type of rentals are currently available in Summit Park?

There are currently 404 Apartments for Rent in Summit Park, NM with pricing that ranges from $720 to $2,407. There are also 57 Single Family Homes for rent, Condos, and Townhome rentals currently available in Summit Park ranging from $750 to $7,000.

What is the current price range for Rental Homes in Summit Park?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Summit Park ranges from $750 to $7,000 with an average monthly rent of $2,030.

How much are larger Three and Four Bedroom Rentals in Summit Park?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Summit Park range from $1,250 to $2,300, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,600 to $7,000. Four Bedroom Single-Family rentals are also available starting from $2,100 and Four Bedroom Apartments start at $2,400.

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

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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 Students Guide to Albuquerque: Top Neighborhoods That Put CNM and UNM Life Within Reach

Written by: Esther Lombardi

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.

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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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I still recollect my first morning commute in Albuquerque.

Articles, How-To's, and Tips

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.