
Cheap Homes for Rent in Summit Park Neighborhood of Albuquerque, NM from $700 (14 Rentals)
Search the lowest-cost Homes available for rent right now in the Summit Park area of Albuquerque.


543 Cedar St SE

1216 High St SE

525 Cedar St SE

2xx Bryn Mawr Dr SE

404 Dartmouth Dr SE

720 Truman St NE
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.

410 Harvard Dr SE, Unit 1

410 Harvard Dr SE, Unit C

3301 Monroe St NE

300 Tijeras Ave NE, Unit 409

410 Harvard Dr SE, Unit B

219 Girard Blvd SE

324 Bel Vedere Ln
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

How much does it cost to rent a home in Summit Park?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Summit Park 2 Bedroom Homes for Rent | $2,110 | $1,400 | $4,200 |
| Summit Park 3 Bedroom Homes for Rent | $2,592 | $1,600 | $7,000 |
| Summit Park 4 Bedroom Homes for Rent | $2,362 | $2,100 | $2,500 |
| Summit Park 5 Bedroom Homes for Rent | $2,395 | $2,395 | $2,395 |
Browse Homes for Rent in this Neighborhood
There are currently 14 rentals with your search options within a 2 mile radius of the Summit Park Neighborhood of Albuquerque, NM.
Explore Albuquerque
Summit Park, Albuquerque, NM Local Guide
- Nearby Albuquerque neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 210 High St NE | 0 Beds, 1 Baths | Studio,1BA | $700 |
| Encino Terrace Senior | Studio | Studio,1BA | $720 |
| Comanche Wells | S1 | Studio,1BA | $765 |
| Union 505 | Studio | Studio,1BA | $784 |
| The Villas @ Uptown | Studio Upgrade | Studio,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Four Seasons | 2br apartment corner unit | 2BR,1BA | $1.15 |
| 417 Princeton Dr. SE, Unit "B" | 417 Princeton Dr. SE | 1BR,1BA | $1.33 |
| 1013 Dickerson Dr SE, Unit B | 1013 Dickerson Dr SE | 2BR,1BA | $1.50 |
| Marquee Village Apartments | KaloDuo | 2BR,1BA | $1.47 |
| Villas Del Cielo | 1 Bedroom | 1BR,1BA | $1.41 |
| Casa de Sierra Senior Apartments | One Bedroom | 1BR,1BA | $1.30 |
| Pine St Studios | Unit 08 | 1BR,1BA | $1.31 |
| Spacious 2 Bedroom Apartment with Private Patio | 1 bedroom 1 bathroom | 1BR,1BA | $1.28 |
| White Oak Apartments | Casa Del Rey Oeste | 1BR,1BA | $1.56 |
| 210 High St NE | 0 Beds, 1 Baths | Studio ,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 ArticleDon'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.
Read ArticleReal 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.
Read ArticleQuick 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 LifestyleSummit Park, Albuquerque, NM
Ranked #184
Among cities in New Mexico for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Summit Park, Albuquerque, NM
School data provided by Great Schools
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

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.

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.

Albuquerque Uncovered: Your Local Experts Guide to the High Desert City
Written by: Esther Lombardi
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.

Your Guide to the Best Neighborhoods to Rent Near Albuquerques Top Employers
Written by: Esther Lombardi
I still recollect my first morning commute in Albuquerque.
Articles, How-To's, and Tips

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.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
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.

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.

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.