
Cheap Apartments for Rent in the Towne Park Neighborhood of Albuquerque, NM from $400 (87 Rentals)
Search the lowest-cost Apartments available for rent right now in the Towne Park area of Albuquerque.


Total Monthly Price
Tesota Four Hills

121 General Arnold St NE, Unit B

The Twelve 601

Cloudview Terrace

Manzano Vista

122 Charleston St SE

328 Utah St NE

503 Pennsylvania St SE

304 Texas St NE
Your Guide to the Best Neighborhoods to Rent Near Albuquerque’s Top Employers
Moving to Albuquerque? Find the best neighborhoods near Sandia Labs, Presbyterian Healthcare Services, and UNM. Cut your commute, boost your quality of life, and find your perfect apartment or rental home.

431 Virginia St NE

216 General Marshall St NE

Total Monthly Price
Tesota Midtown

128 General Arnold St NE

Rio Vista Senior Apartments

Pinewood Estates

Total Monthly Price
Studios on Route 66

The Ridge

209 Texas St NE, Unit B

Total Monthly Price
636 San Pablo St SE, Unit A
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Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

216 General Stilwell St NE

505 Pennsylvania St SE

Juniper Flats

127 Tennessee St SE

13205 Mountain Rd NE

Sunrise Apartments

Farolito Senior Apartments

940 Chelwood Park Blvd NE

435 Texas St NE

12124 Indian School Rd NE
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520 Tennessee St NE

121 General Arnold St NE, Unit A

Total Monthly Price
Arrowhead Pointe

Total Monthly Price
MOUNTAIN VISTA

183 Monte Largo Dr NE

420 Vermont St NE

8313 Marquette Ave. NE

11117 Senac Pl NE

Northpointe Village

Glorieta
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Virginia Rose Apartments

209 Charleston St NE

436 Utah St NE

7900-7904 Trumbull Ave SE

126 Charleston St NE

217 Pennsylvania St NE

Donna Ann Apartments

628-636 Morris St NE

328 Tennessee St SE

200-206 Pennsylvania St NE
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Towne Park, Albuquerque, NM Local Guide

How much does it cost to rent an apartment in Towne Park?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Towne Park Studio Apartments | $994 | $730 | $1,077 |
| Towne Park 1 Bedroom Apartments | $1,101 | $765 | $1,825 |
| Towne Park 2 Bedroom Apartments | $1,327 | $746 | $2,056 |
| Towne Park 3 Bedroom Apartments | $1,565 | $1,099 | $2,569 |
Browse Apartments in this Neighborhood
There are currently 87 rentals with your search options within a 2 mile radius of the Towne Park Neighborhood of Albuquerque, NM.
See all Apartments in AlbuquerqueExplore Albuquerque
Towne Park, Albuquerque, NM Local Guide
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Cheapest Available Towne Park Apartments for Rent
 The cheapest available apartment rental in the Towne Park area of Albuquerque, NM is a 1 Bed unit found at 332 Grove St SE priced from $695. Tesota Four Hills has the second lowest priced unit, which is a 2 Beds apartment currently listed from $794. Here are the most affordable Towne Park apartments for rent in Albuquerque, NM:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 332 Grove St SE | 1 Beds, 1 Baths | 1BR,1BA | $695 |
| Tesota Four Hills | B1R | 2BR,1BA | $794 |
| Tennessee Street | 2 Beds, 1 Baths | 2BR,1BA | $800 |
| Whispering Sands | One Bedroom One Bath | 1BR,1BA | $825 |
| Cloudview Terrace | 2Bd/1Bath LOFT | 2BR,1BA | $850 |
| Rio Vista Senior Apartments | Income-Restricted One Bedroom Senior Apartment ... | 1BR,1BA | $890 |
| Pinewood Estates | 1x1A | 1BR,1BA | $892 |
| Studios on Route 66 | Studio | Studio,1BA | $900 |
| Monterey Manor Apartments | KaloSolo-Premium | 1BR,1BA | $929 |
Best Value Apartments for Rent in Towne Park, NM
As of July 24, 2026 the best value apartment in the Towne Park area is the $1.27 price per square foot 3 Bedroom 2 Bathroom Model at The Ridge in the in the South Los Altos neighborhood starting from $1,430. The second greatest value Towne Park apartment is the 3 bed/ 1 bath Model at 328 Rhode Island (New) St NE starting at $1,230 with a $1.29 price per square foot in the Towne Park neighborhood. Here is today’s list of the best values for Towne Park apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Ridge | 3 Bedroom 2 Bathroom | 3BR,2BA | $1.27 |
| 328 Rhode Island (New) St NE | 3 bed/ 1 bath | 3BR,1BA | $1.29 |
| Cloudview Terrace | 2Bd/1Bath LOFT | 2BR,1BA | $1.08 |
| Monterey Manor Apartments | KaloSolo-Premium | 1BR,1BA | $1.33 |
| Tennessee Street | 2 Beds, 1 Baths | 2BR,1BA | $1.19 |
| River Rock Apartments | KaloSolo | 1BR,1BA | $1.38 |
| 636 San Pablo St SE, Unit Unit A | 636 San Pablo St SE | 1BR,1BA | $1.38 |
| Whispering Sands | One Bedroom One Bath | 1BR,1BA | $1.27 |
| Tesota Four Hills | A1A | 1BR,1BA | $1.33 |
| 332 Grove St SE | 1 Beds, 1 Baths | 1BR,1BA | $1.16 |
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
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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 LifestyleTowne Park, Albuquerque, NM
Ranked #164
Among cities in New Mexico for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Towne Park, Albuquerque, NM
School data provided by Great Schools
Lifestyle Ratings
ApartmentHomeLiving brings you comprehensive Lifestyle Ratings of rentals in metropolitan areas across the United States and customized analysis for East Albuquerque. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including our Star Ratings to compare for proximity to parks, luxury amenities, family-friendly amenities, raising pets, transit options, and much more. Find Lifestyle Search in the filter options (above). Happy Searching!
Frequently Asked Questions about Cheap Towne Park Apartments
What is the Cheapest Studio apartment in Towne Park?
Currently the most affordable Cheap Studio Apartment in Towne Park is at Studios on Route 66 listed at $900.
How much is rent for a Cheap One Bedroom Towne Park Apartment?
The lowest price for a Cheap One Bedroom Towne Park Apartment is $695 at 332 Grove St SE.
What is the lowest price for a Cheap Two Bedroom Towne Park Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Towne Park is starting from $794 at Tesota Four Hills.
What is the most affordable Towne Park Three Bedroom Apartment?
The best deal on a cheap Towne Park Three Bedroom Apartment rental is at 328 Rhode Island (New) St NE and starts from $1,230.
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

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.

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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.

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.

A Local Expert's 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.
Articles, How-To's, and Tips

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.