
Cheap Homes for Rent in Towne Park Neighborhood of Albuquerque, NM from $800 (20 Rentals)
Search the lowest-cost Homes available for rent right now in the Towne Park area of Albuquerque.


236 1/2 Vermont St NE

233 Tennessee St NE

308 Virginia St NE

332 Grove St SE

312 Grove St NE
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.

310 Charleston St SE

201 Vermont St NE, Unit B

242 Wisconsin St NE, Unit 242 Wisconsin St NE Apt. A

1212 Chelwood Park Blvd NE

132 General Arnold St NE

13515 Copper Ave 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.

423 Dallas St SE

8200 Copper Ave NE

419 Dallas St SE

420 Rhode Island St SE

11912 Indian School Rd NE, Unit APT 8

12201 Haines Ave 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.

1415 Chelwood Park Blvd NE

1601 Pennsylvania St NE
Towne Park, Albuquerque, NM Local Guide

How much does it cost to rent a home in Towne Park?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Towne Park 2 Bedroom Homes for Rent | $1,253 | $800 | $1,995 |
| Towne Park 3 Bedroom Homes for Rent | $2,195 | $1,895 | $3,000 |
| Towne Park 4 Bedroom Homes for Rent | $3,500 | $3,500 | $3,500 |
| Towne Park 5 Bedroom Homes for Rent | $2,400 | $2,400 | $2,400 |
Browse Homes for Rent in this Neighborhood
There are currently 20 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 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Juniper Flats | Arroyo | Studio,1BA | $700 |
| The Twelve 601 | 1BR/1.0BA | 1BR,1BA | $765 |
| Whispering Sands | One Bedroom One Bath | 1BR,1BA | $799 |
| Tennessee Street | 2 Beds, 1 Baths | 2BR,1BA | $800 |
| 308 Virginia St NE | 2 Beds, 1 Baths | 2BR,1BA | $850 |
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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 328 Rhode Island (New) St NE | 3 bed/ 1 bath | 3BR,1BA | $1.29 |
| Los Altos Towers | One Bedroom One Bath | 1BR,1BA | $1.33 |
| 200 Tennessee St NE, Unit 200 A | 200 Tennessee St NE | 1BR,1BA | $0.94 |
| Cloudview Terrace | 2Bd/1Bath LOFT | 2BR,1BA | $1.08 |
| 147 General Arnold St NE, Unit 4 | 147 General Arnold St NE | 1BR,1BA | $1.15 |
| 535 Texas St NE, Unit C | 535 Texas St NE | 2BR,1BA | $1.20 |
| The Twelve 601 | 1BR/1.0BA | 1BR,1BA | $1.09 |
| 308 Virginia St NE | 2 Beds, 1 Baths | 2BR,1BA | $1.21 |
| Tennessee Street | 2 Beds, 1 Baths | 2BR,1BA | $1.19 |
| Whispering Sands | One Bedroom One Bath | 1BR,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.
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 ArticleReal 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.
Read ArticleQuick 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.
Pet Friendly LifestyleTowne Park, Albuquerque, NM
Ranked #220
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
Frequently Asked Questions about Towne Park
What type of rentals are currently available in Towne Park?
There are currently 374 Apartments for Rent in Towne Park, NM with pricing that ranges from $700 to $2,985. There are also 43 Single Family Homes for rent, Condos, and Townhome rentals currently available in Towne Park ranging from $800 to $3,500.
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 $3,500 with an average monthly rent of $2,060.
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

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.

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.

Albuquerque Uncovered: Your Local Experts Guide to the High Desert City
Written by: Esther Lombardi
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.

Your Guide to the Best Neighborhoods to Rent Near Albuquerques Top Employers
Written by: Esther Lombardi
I still recollect my first morning commute in Albuquerque.
Articles, How-To's, and Tips

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.

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.

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.

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.