Cheap Homes for Rent in Towne Park Neighborhood of Albuquerque, NM from $800 (15 Rentals)

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

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.

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.

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.

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 ABQ Encore priced from $799. Uptown Horizon has the second lowest priced unit, which is a Studio apartment currently listed from $799. Here are the most affordable Towne Park apartments for rent in Albuquerque, NM:

Apartment ListingModel NameBed/BathPriced From
ABQ EncoreStudioStudio,1BA$799
Uptown HorizonStudioStudio,1BA$799
Lomas Gardens1BR/1.0BA1BR,1BA$815
Cloudview Terrace Apartments1BD/1B1BR,1BA$825
Whispering SandsOne Bedroom One Bath1BR,1BA$850

Best Value Apartments for Rent in Towne Park, NM

As of October 15, 2025 the best value apartment in the Towne Park area is the $1.38 price per square foot 2 Bedroom Model at Zia Townhomes in the in the South Los Altos neighborhood starting from $1,695. The second greatest value Towne Park apartment is the 3 Bedroom 2 Bathroom Model at The Ridge starting at $1,490 with a $1.32 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.
Zia Townhomes2 Bedroom2BR,1.5BA$1.38
The Ridge3 Bedroom 2 Bathroom3BR,2BA$1.32
405 Dorado Ct SE, Unit Unit D405 Dorado Ct SE2BR,1BA$1.31
200 Tennessee St NE, Unit 200 A200 Tennessee St NE1BR,1BA$0.94
Lomas Gardens2BR/1.0BA2BR,1BA$1.18
328 Rhode Island (New) St NE2 bed/ 1 bath2BR,1BA$1.19
147 General Arnold St NE, Unit 4147 General Arnold St NE1BR,1BA$1.15
8405 Trumbull Ave SE, Unit D8405 Trumbull Ave SE2BR,1BA$1.03
535 Texas St NE, Unit C535 Texas St NE2BR,1BA$1.19
Panorama HeightsOne Bedroom1BR,1BA$1.33

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Pet Friendly Lifestyle
Towne Park, Albuquerque, NM

Ranked #333

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Frequently Asked Questions about Towne Park

What type of rentals are currently available in Towne Park?

There are currently 367 Apartments for Rent in Towne Park, NM with pricing that ranges from $720 to $2,806. There are also 51 Single Family Homes for rent, Condos, and Townhome rentals currently available in Towne Park ranging from $825 to $2,900.

What is the current price range for Rental Homes in Towne Park?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Towne Park ranges from $825 to $2,900 with an average monthly rent of $1,520.

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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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.