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Cheap Homes for Rent in Summit Park Neighborhood of Albuquerque, NM from $700 (13 Rentals)
Search the lowest-cost Homes available for rent right now in the Summit Park area of Albuquerque.
4908 Burton Ave SE
AlbuquerqueNM87108
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545 Cedar St SE
AlbuquerqueNM87106
310 La Veta Dr
AlbuquerqueNM87108
805 Ortiz Dr SE
AlbuquerqueNM87108
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.
228 Hermosa Dr NE
AlbuquerqueNM87108
912 Cagua Dr NE
AlbuquerqueNM87108
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542 Alvarado Dr SE
AlbuquerqueNM87108
2635 Monroe St NE
AlbuquerqueNM87110
100 Broadway Blvd NE
AlbuquerqueNM87102
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.
720 Truman St NE, Unit 1
720 Truman St NE
AlbuquerqueNM87110
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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 | $2,055 | $1,150 | $4,200 |
| Summit Park 3 Bedroom Homes for Rent | $2,468 | $1,700 | $5,300 |
| Summit Park 4 Bedroom Homes for Rent | $3,091 | $1,600 | $7,500 |
| Summit Park 5 Bedroom Homes for Rent | $3,100 | $3,100 | $3,100 |
Browse Homes for Rent in this Neighborhood
There are currently 13 rentals with your search options within a 2 mile radius of the Summit Park Neighborhood of Albuquerque, NM.
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Summit Park, Albuquerque, NM Local Guide
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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 Encanto Lofts Apartments priced from $715. Union 505 has the second lowest priced unit, which is a Studio apartment currently listed from $744. Here are the most affordable Summit Park apartments for rent in Albuquerque, NM:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Encanto Lofts Apartments | Yucca - Studio | Studio,1BA | $715 |
| Union 505 | Studio | Studio,1BA | $744 |
| Comanche Wells | S1 | Studio,1BA | $788 |
| Casa dos Santos | Studio 520 | Studio,1BA | $800 |
| Modern Apartments with Great Amenities | 1 bed 1bath | 1BR,1BA | $800 |
Best Value Apartments for Rent in Summit Park, NM
As of December 26, 2025 the best value apartment in the Summit Park area is the $1.39 price per square foot Renovated 2-Bedroom B Model at Glo Apartments in the in the Netherwood Park neighborhood starting from $1,508. The second greatest value Summit Park apartment is the 2br apartment corner unit Model at Four Seasons starting at $1,100 with a $1.10 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. |
|---|---|---|---|
| Glo Apartments | Renovated 2-Bedroom B | 2BR,2BA | $1.39 |
| Four Seasons | 2br apartment corner unit | 2BR,1BA | $1.10 |
| Peaks at Sandia View | 2x2R-900 | 2BR,2BA | $1.47 |
| Marquee Village Apartments | KaloDuo-Premium | 2BR,1BA | $1.47 |
| Villas Del Cielo | 1 Bedroom | 1BR,1BA | $1.41 |
| 309 Columbia Dr SE, Unit B | 309 Columbia Dr SE | 2BR,1BA | $1.47 |
| Casa de Sierra Senior Apartments | One Bedroom | 1BR,1BA | $1.30 |
| 210 High St NE | 1 Beds, 1 Baths | 1BR,1BA | $1.27 |
| Spacious 2 Bedroom Apartment with Private Patio | 1 bedroom 1 bathroom | 1BR,1BA | $1.28 |
| Modern Apartments with Great Amenities | 1 bed 1bath | 1BR,1BA | $1.31 |
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
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.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
Read ArticleQuick Rent Budget Calculator
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Pet Friendly LifestyleSummit Park, Albuquerque, NM
Ranked #164
Among cities in New Mexico for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Frequently Asked Questions about Summit Park
What type of rentals are currently available in Summit Park?
There are currently 403 Apartments for Rent in Summit Park, NM with pricing that ranges from $689 to $2,400. There are also 64 Single Family Homes for rent, Condos, and Townhome rentals currently available in Summit Park ranging from $720 to $7,500.
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 $720 to $7,500 with an average monthly rent of $2,126.
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 $1,426 to $2,100, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,700 to $5,300. Four Bedroom Single-Family rentals are also available starting from $1,600 and Four Bedroom Apartments start at $1,900.
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.
How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.
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.