Cheap Apartments for Rent in the Towne Park Neighborhood of Albuquerque, NM from $400 (93 Rentals)

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

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Tesota Four Hills
Rent Specials
$734 - $2,985
Total Monthly Price

Total Monthly Price

Base Rent
$734 - $2,985
Total Monthly Price
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1 to 3 Bedroom Apartments Available Jun 10

Tesota Four Hills

301 Western Skies Dr SEAlbuquerque, NM 87123
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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.

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Tesota Midtown
Rent Specials
$857 - $1,642
Total Monthly Price

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$857 - $1,642
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1 to 3 Bedroom Apartments Available Now

Tesota Midtown

200 Figueroa St NEAlbuquerque, NM 87123
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Studios on Route 66
Rent Specials
$900 - $1,100
Total Monthly Price

Total Monthly Price

Base Rent
$900 - $1,100
Total Monthly Price
$900 - $1,100
Studio to 1 Bedroom Apartments Available Now

Studios on Route 66

13031 Central Ave NEAlbuquerque, NM 87123
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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.

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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.

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Arrowhead Pointe
$1,013 - $1,592
Total Monthly Price

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$1,013 - $1,592
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1 to 3 Bedroom Apartments Available Now

Arrowhead Pointe

12021 Skyline Rd NEAlbuquerque, NM 87123
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The June
Rent Specials
$1,118 - $1,677
Total Monthly Price

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$1,118 - $1,677
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1 to 2 Bedroom Apartments Available Now

The June

13150 Wenonah Ave SEAlbuquerque, NM 87123
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The Reserve
Rent Specials
$1,143 - $1,620
Total Monthly Price

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$1,143 - $1,620
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1 to 3 Bedroom Apartments Available Now

The Reserve

1001 Tramway Blvd NEAlbuquerque, NM 87112
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Cash 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.

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Glorieta
2 Bedroom Apartments

Glorieta

115-131 Glorieta St NEAlbuquerque, NM 87123
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436 Utah St NE
1 Bedroom Apartments

436 Utah St NE

436 Utah St NEAlbuquerque, NM 87108
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126 Charleston St NE
Studio to 1 Bedroom Apartments

126 Charleston St NE

126-130 Charleston St SEAlbuquerque, NM 87108
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Donna Ann Apartments
1 to 2 Bedroom Apartments

Donna Ann Apartments

7905-8021 Marquette Ave NEAlbuquerque, NM 87108
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628-636 Morris St NE
1 Bedroom Apartments

628-636 Morris St NE

628-636 Morris St NEAlbuquerque, NM 87123
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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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Towne Park, Albuquerque, NM Local Guide

Cheapest Available Towne Park Apartments for Rent

 

The cheapest available apartment rental in the Towne Park area of Albuquerque, NM is a Studio unit found at Juniper Flats priced from $700. The Twelve 601 has the second lowest priced unit, which is a 1 Bed apartment currently listed from $765. Here are the most affordable Towne Park apartments for rent in Albuquerque, NM:

Apartment ListingModel NameBed/BathPriced From
Juniper FlatsArroyoStudio,1BA$700
The Twelve 6011BR/1.0BA1BR,1BA$765
Whispering SandsOne Bedroom One Bath1BR,1BA$799
Tennessee Street2 Beds, 1 Baths2BR,1BA$800
308 Virginia St NE2 Beds, 1 Baths2BR,1BA$850
Cloudview Terrace2Bd/1Bath LOFT2BR,1BA$850
332 Grove St SE1 Beds, 1 Baths1BR,1BA$850
Monterey Manor ApartmentsKaloSolo1BR,1BA$875
Rio Vista Senior ApartmentsIncome-Restricted One Bedroom Senior Apartment ...1BR,1BA$890

Best Value Apartments for Rent in Towne Park, NM

As of June 09, 2026 the best value apartment in the Towne Park area is the $1.29 price per square foot 3 bed/ 1 bath Model at 328 Rhode Island (New) St NE in the in the Towne Park neighborhood starting from $1,230. The second greatest value Towne Park apartment is the One Bedroom One Bath Model at Los Altos Towers starting at $1,148 with a $1.33 price per square foot in the South Los Altos neighborhood. Here is today’s list of the best values for Towne Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
328 Rhode Island (New) St NE3 bed/ 1 bath3BR,1BA$1.29
Los Altos TowersOne Bedroom One Bath1BR,1BA$1.33
200 Tennessee St NE, Unit 200 A200 Tennessee St NE1BR,1BA$0.94
Cloudview Terrace2Bd/1Bath LOFT2BR,1BA$1.08
147 General Arnold St NE, Unit 4147 General Arnold St NE1BR,1BA$1.15
535 Texas St NE, Unit C535 Texas St NE2BR,1BA$1.20
The Twelve 6011BR/1.0BA1BR,1BA$1.09
308 Virginia St NE2 Beds, 1 Baths2BR,1BA$1.21
Tennessee Street2 Beds, 1 Baths2BR,1BA$1.19
Whispering SandsOne Bedroom One Bath1BR,1BA$1.23

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.

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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
Towne Park, Albuquerque, NM

Ranked #220

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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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 Juniper Flats listed at $700.

How much is rent for a Cheap One Bedroom Towne Park Apartment?

The lowest price for a Cheap One Bedroom Towne Park Apartment is $765 at The Twelve 601.

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 $800 at Tennessee Street.

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

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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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Albuquerque Uncovered: Your Local Experts Guide to the High Desert City

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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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Your Guide to the Best Neighborhoods to Rent Near Albuquerques Top Employers

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I still recollect my first morning commute in Albuquerque.

Articles, How-To's, and Tips

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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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.