Cheap Homes for Rent in Towne Park Neighborhood of Albuquerque, NM from $800 (8 Rentals)

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

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.

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.

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 The Twelve 601 priced from $745. Cloudview Terrace has the second lowest priced unit, which is a 1 Bed apartment currently listed from $795. Here are the most affordable Towne Park apartments for rent in Albuquerque, NM:

Apartment ListingModel NameBed/BathPriced From
The Twelve 6011BR/1.0BA1BR,1BA$745
Cloudview Terrace1bd/1bath1BR,1BA$795
Tesota Four HillsB1R2BR,1BA$862

Best Value Apartments for Rent in Towne Park, NM

As of April 16, 2026 the best value apartment in the Towne Park area is the $1.39 price per square foot 2bed/1 ba Unfurnished Model at 520 Tennessee St NE in the in the South Los Altos neighborhood starting from $1,200. The second greatest value Towne Park apartment is the 1701 Kirby St NE Model at 1701 Kirby St NE, Unit D starting at $1,075 with a $1.26 price per square foot in the Northeast Quadrant 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.
520 Tennessee St NE2bed/1 ba Unfurnished2BR,1BA$1.39
1701 Kirby St NE, Unit D1701 Kirby St NE2BR,1BA$1.26
405 Dorado Ct SE, Unit D405 Dorado Ct SE2BR,1BA$1.31
The Twelve 6012BR/1.0BA2BR,1BA$1.09
147 General Arnold St NE, Unit 4147 General Arnold St NE1BR,1BA$1.15
Tesota Four HillsB1R2BR,1BA$1.17
Monterey Manor ApartmentsKaloSolo-Premium1BR,1BA$1.36
The Ridge1 Bedroom 1 Bathroom1BR,1BA$1.38
528 Charleston St SE, Unit 3528 Charleston St SE2BR,1BA$1.38
Whispering SandsOne Bedroom One Bath1BR,1BA$1.35

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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.

Read Article
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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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The 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.

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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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Quick Rent Budget Calculator

How much rent can you afford?

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.

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Pet Friendly Lifestyle
Towne Park, Albuquerque, NM

Ranked #231

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 370 Apartments for Rent in Towne Park, NM with pricing that ranges from $720 to $2,279. There are also 32 Single Family Homes for rent, Condos, and Townhome rentals currently available in Towne Park ranging from $800 to $2,800.

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 $800 to $2,800 with an average monthly rent of $1,809.

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

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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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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.