Cheap Homes for Rent in Summit Park Neighborhood of Albuquerque, NM from $700 (10 Rentals)

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

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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 1 Bed unit found at 509 Girard Terrace Apartments priced from $559. Encanto Lofts Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $729. Here are the most affordable Summit Park apartments for rent in Albuquerque, NM:

Apartment ListingModel NameBed/BathPriced From
509 Girard Terrace Apartments509 Girard Blvd SE K1BR,1BA$559
Encanto Lofts ApartmentsYucca - StudioStudio,1BA$729
The Villas @ Uptown– Studio / 1 Bath Apartment in Uptown Location...Studio,1BA$753

Best Value Apartments for Rent in Summit Park, NM

As of September 13, 2025 the best value apartment in the Summit Park area is the $1.10 price per square foot 2br apartment corner unit Model at Four Seasons in the in the Southeast Quadrant neighborhood starting from $1,100. The second greatest value Summit Park apartment is the 2BR/1.0BA Model at Nob Hill Apartments starting at $1,400 with a $1.61 price per square foot in the Netherwood Park 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$1.10
Nob Hill Apartments2BR/1.0BA2BR,1BA$1.61
Gracey's Nation - Palomas Community2 Bed, 1 Bath2BR,1BA$1.60
Villas Del Cielo1 Bedroom1BR,1BA$1.41
Spacious 2 Bedroom Apartment with Fireplace2BD w/Fireplace2BR,1BA$1.47
Casa de Sierra Senior ApartmentsOne Bedroom1BR,1BA$1.33
509 Girard Terrace Apartments509 Girard Blvd SE K1BR,1BA$0.86
210 High St NE1 Beds, 1 Baths1BR,1BA$1.53
Peaks at Sandia View1x1R-6401BR,1BA$1.64
White Oak ApartmentsCasa Del Rey Oeste1BR,1BA$1.48

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Summit Park, Albuquerque, NM

Ranked #170

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

Pet Friendliness Lifestyle Score

3.5
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 389 Apartments for Rent in Summit Park, NM with pricing that ranges from $559 to $2,300. There are also 59 Single Family Homes for rent, Condos, and Townhome rentals currently available in Summit Park ranging from $750 to $16,500.

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 $16,500 with an average monthly rent of $4,767.

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.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

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.

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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.