Cheap Apartments for Rent in the Towne Park Neighborhood of Albuquerque, NM from $400 (20 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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Glorieta
2 Bedroom Apartments

Glorieta

115-131 Glorieta St NEAlbuquerque, NM 87123
  • Utilities Included

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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436 Utah St NE
1 Bedroom Apartments

436 Utah St NE

436 Utah St NEAlbuquerque, NM 87108
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Donna Ann Apartments
2 Bedroom Apartments

Donna Ann Apartments

7905-8021 Marquette Ave NEAlbuquerque, NM 87108
  • Utilities Included

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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628-636 Morris St NE
1 Bedroom Apartments

628-636 Morris St NE

628-636 Morris St NEAlbuquerque, NM 87123
  • Utilities Included
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Los Altos Lofts
Studio Apartments

Los Altos Lofts

10330 Hotel Ave NEAlbuquerque, NM 87123
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760 On The Blvd
Studio to 1 Bedroom Apartments

760 On The Blvd

760 Juan Tabo Blvd NEAlbuquerque, NM 87123

Towne Park - One of the Best Affordable Neighborhoods in Albuquerque

Named as one of the Best Affordable Areas to rent in Albuquerque by our Local Expert Esther Lombardi. See how it ranks!

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Rio Vista Senior
1 Bedroom Apartments

Rio Vista Senior

770 Juan Tabo Blvd NEAlbuquerque, NM 87123
Senior Living
  • Utilities Included

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 1 Bed unit found at Lomas Gardens priced from $845. Arrowhead Pointe has the second lowest priced unit, which is a 1 Bed apartment currently listed from $943. Here are the most affordable Towne Park apartments for rent in Albuquerque, NM:

Apartment ListingModel NameBed/BathPriced From
Lomas Gardens1BR/1.0BA1BR,1BA$845
Arrowhead PointeStudio1BR,1BA$943
Pinewood EstatesStudioStudio,1BA$975
Whispering SandsOne Bedroom One Bath1BR,1BA$999
Northpointe Villageaspen1BR,1BA$999

Best Value Apartments for Rent in Towne Park, NM

As of June 07, 2025 the best value apartment in the Towne Park area is the $1.35 price per square foot 3 Bedroom 2 Bathroom Model at The Ridge in the in the Quail Ridge neighborhood starting from $1,525. The second greatest value Towne Park apartment is the Alki Model at The June starting at $1,512 with a $1.58 price per square foot in the Quail Ridge 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.
The Ridge3 Bedroom 2 Bathroom3BR,2BA$1.35
The JuneAlki2BR,2BA$1.58
12805 Dunes Rd SE, Unit 212805 Dunes Rd SE2BR,1BA$1.29
8309 Trumbull Ave SE, Unit B8309 Trumbull Ave SE2BR,1BA$1.06
Panorama HeightsOne Bedroom1BR,1BA$1.47
The ReserveCheyenne1BR,1BA$1.55
Lomas Gardens1BR/1.0BA1BR,1BA$1.21
River Rock ApartmentsKaloSolo1BR,1BA$1.55
Whispering SandsOne Bedroom One Bath1BR,1BA$1.54
Tesota MidtownA1AR1BR,1BA$1.71

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Towne Park, Albuquerque, NM

Ranked #203

Among neighborhoods in Albuquerque, NM for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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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!

Getting Around the Towne Park Neighborhood in Albuquerque, NM

Walk Score®

55 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

76 / 100

Very Bikeable

Biking is convenient for most trips

Transit Score®

38 / 100

Some Transit

A few nearby public transportation options

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 Pinewood Estates listed at $975.

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

The lowest price for a Cheap One Bedroom Towne Park Apartment is $845 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 $950 at Lomas Gardens.

What is the most affordable Towne Park Three Bedroom Apartment?

The best deal on a cheap Towne Park Three Bedroom Apartment rental is at The Ridge and starts from $1,525.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

decorative image for A Local Experts Guide To The Best Budget-Friendly Neighborhoods to Rent in Albuquerque article

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 Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.