Cheap Homes for Rent in Towne Park Neighborhood of Albuquerque, NM from $700 (23 Rentals)

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

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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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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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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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 760 On The Blvd priced from $750. Lomas Gardens has the second lowest priced unit, which is a 1 Bed apartment currently listed from $835. Here are the most affordable Towne Park apartments for rent in Albuquerque, NM:

Apartment ListingModel NameBed/BathPriced From
760 On The BlvdStudio, 1 BathroomStudio,1BA$750
Lomas Gardens1BR/1.0BA1BR,1BA$835
Whispering SandsOne Bedroom One Bath1BR,1BA$875
Sunrise ApartmentsOne Bedroom1BR,1BA$925
The Ridge1 Bedroom 1 Bathroom1BR,1BA$955

Best Value Apartments for Rent in Towne Park, NM

As of July 13, 2025 the best value apartment in the Towne Park area is the $1.39 price per square foot KaloDuo-Premium Model at Monterey Manor Apartments in the in the Quail Ridge neighborhood starting from $1,250. The second greatest value Towne Park apartment is the 12805 Dunes Rd SE Model at 12805 Dunes Rd SE, Unit 2 starting at $1,100 with a $1.29 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Monterey Manor ApartmentsKaloDuo-Premium2BR,1BA$1.39
12805 Dunes Rd SE, Unit 212805 Dunes Rd SE2BR,1BA$1.29
8309 Trumbull Ave SE, Unit B8309 Trumbull Ave SE2BR,1BA$1.06
200 Tennessee St NE, Unit 200 A200 Tennessee St NE2BR,1BA$1.13
116 Dallas St SE, Unit C116 Dallas St SE2BR,1BA$1.20
Panorama HeightsOne Bedroom1BR,1BA$1.47
Lomas Gardens1BR/1.0BA1BR,1BA$1.19
The Ridge1 Bedroom 1 Bathroom1BR,1BA$1.46
528 Charleston St SE, Unit 4528 Charleston St SE1BR,1BA$1.23
Whispering SandsOne Bedroom One Bath1BR,1BA$1.35

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Frequently Asked Questions about Towne Park

What type of rentals are currently available in Towne Park?

There are currently 364 Apartments for Rent in Towne Park, NM with pricing that ranges from $730 to $2,805. There are also 48 Single Family Homes for rent, Condos, and Townhome rentals currently available in Towne Park ranging from $750 to $3,300.

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 $750 to $3,300 with an average monthly rent of $1,394.

How much are larger Three and Four Bedroom Rentals in Towne Park?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Towne Park range from $1,020 to $2,805, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,495 to $3,000. Four Bedroom Single-Family rentals are also available starting from $1,950 and Four Bedroom Apartments start at $2,150.

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.

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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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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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.