
Cheap Apartments for Rent in the Towne Park Neighborhood of Albuquerque, NM from $400 (23 Rentals)
Search the lowest-cost Apartments available for rent right now in the Towne Park area of Albuquerque.


Tesota Four Hills

333 Dallas St NE

Glorieta

Virginia Rose Apartments

209 Charleston St NE

436 Utah St NE
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.

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
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.

Morris Townhome Apartments

Tesota Four Hills South

308 Whispering Sands Ct SE

Los Altos Lofts

760 Juan Tabo Blvd NE

1300 Pennsylvania St NE

Rio Vista Senior
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.

ABQ Encore

209 Hanosh Ct SE
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 | $1,002 | $1,002 | $1,002 |
| Towne Park 1 Bedroom Apartments | $1,140 | $730 | $2,524 |
| Towne Park 2 Bedroom Apartments | $1,286 | $776 | $1,980 |
| Towne Park 3 Bedroom Apartments | $1,535 | $1,020 | $2,809 |
Browse Apartments in this Neighborhood
There are currently 23 rentals with your search options within a 2 mile radius of the Towne Park Neighborhood of Albuquerque, NM.
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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 Studio unit found at ABQ Encore priced from $799. Lomas Gardens has the second lowest priced unit, which is a 1 Bed apartment currently listed from $815. Here are the most affordable Towne Park apartments for rent in Albuquerque, NM:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| ABQ Encore | Studio | Studio,1BA | $799 |
| Lomas Gardens | 1BR/1.0BA | 1BR,1BA | $815 |
| Los Altos Towers | Studio | Studio,1BA | $825 |
| River Rock Apartments | KaloSolo | 1BR,1BA | $850 |
| The June | Rainier | 1BR,1BA | $852 |
Best Value Apartments for Rent in Towne Park, NM
As of January 15, 2026 the best value apartment in the Towne Park area is the $1.18 price per square foot 3 Bedroom 2 Bathroom Model at The Ridge in the in the South Los Altos neighborhood starting from $1,330. The second greatest value Towne Park apartment is the 2bed/1 ba Unfurnished Model at 520 Tennessee St NE starting at $1,200 with a $1.39 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 | $1.18 |
| 520 Tennessee St NE | 2bed/1 ba Unfurnished | 2BR,1BA | $1.39 |
| River Rock Apartments | KaloDuo-Premium | 2BR,1BA | $1.37 |
| 328 Rhode Island (New) St NE | 2 bed/ 1 bath | 2BR,1BA | $1.23 |
| 147 General Arnold St NE, Unit 4 | 147 General Arnold St NE | 1BR,1BA | $1.15 |
| Panorama Heights | One Bedroom | 1BR,1BA | $1.33 |
| Lomas Gardens | 1BR/1.0BA | 1BR,1BA | $1.16 |
| Monterey Manor Apartments | KaloSolo-Premium | 1BR,1BA | $1.29 |
| 528 Charleston St SE, Unit 3 | 528 Charleston St SE | 2BR,1BA | $1.38 |
| Tesota Four Hills | A1AR | 1BR,1BA | $1.41 |
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 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 LifestyleTowne Park, Albuquerque, NM
Ranked #229
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
How much is rent for a Cheap One Bedroom Towne Park Apartment?
The lowest price for a Cheap One Bedroom Towne Park Apartment is $815 at Lomas Gardens.
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 $852 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 Tesota Four Hills and starts from $1,139.
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.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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.