
Cheap Apartments for Rent in the Parkland Hills Neighborhood of Albuquerque, NM from $400 (56 Rentals)
Search the lowest-cost Apartments available for rent right now in the Parkland Hills area of Albuquerque.


Cinnamon Tree

1111 Amherst Dr SE

536 Alcazar St SE

7600 Central Ave SE

El Pueblo II Apartments

1028 Alvarado Dr SE

Las Brisas

Somerset Park

Home @ Valencia

310 La Veta Dr

4211 Mesa Grande Pl SE

Union 505

Nova Point

Princeton Hall Apartments

Patios - FREE Utilities+Standard Cable
Parkland Hills, Albuquerque, NM Local Guide

How much does it cost to rent an apartment in Parkland Hills?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Parkland Hills Studio Apartments | $1,195 | $645 | $3,159 |
Parkland Hills 1 Bedroom Apartments | $1,185 | $695 | $3,580 |
Parkland Hills 2 Bedroom Apartments | $1,529 | $825 | $4,086 |
Parkland Hills 3 Bedroom Apartments | $1,502 | $1,123 | $2,100 |
Parkland Hills 4 Bedroom Apartments | $1,495 | $1,495 | $1,495 |
Browse Apartments in this Neighborhood
There are currently 56 rentals with your search options within a 2 mile radius of the Parkland Hills Neighborhood of Albuquerque, NM.
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Parkland Hills, Albuquerque, NM Local Guide
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Cheapest Available Parkland Hills Apartments for Rent
 The cheapest available apartment rental in the Parkland Hills area of Albuquerque, NM is a Studio unit found at Cinnamon Tree priced from $650. El Pueblo II Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $716. Here are the most affordable Parkland Hills apartments for rent in Albuquerque, NM:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Cinnamon Tree | Studio | Studio,1BA | $650 |
El Pueblo II Apartments | 1x1 | 1BR,1BA | $716 |
1028 Alvarado Dr | 1 Beds, 1 Baths | 1BR,1BA | $725 |
Somerset Park | Studio | Studio,1BA | $768 |
Home @ Valencia | 1bd/1ba | 1BR,1BA | $775 |
White Oak Apartments | Casa Del Rey Oeste | 1BR,1BA | $781 |
Union 505 | Studio | Studio,1BA | $799 |
Nova Point | S1 - Studio | Studio,1BA | $800 |
121 Terrace St SE | 1BR/1.0BA | 1BR,1BA | $800 |
El Pueblo | Studio | Studio,1BA | $872 |
Best Value Apartments for Rent in Parkland Hills, NM
As of March 23, 2025 the best value apartment in the Parkland Hills area is the $1.29 price per square foot 2718 Hyder Ave SE Model at 2718 Hyder Ave SE in the in the Southeast Quadrant neighborhood starting from $1,995. The second greatest value Parkland Hills apartment is the 2x2_1200 Model at Landmark Apartments starting at $1,615 with a $1.35 price per square foot in the Uptown Albuquerque neighborhood. Here is today’s list of the best values for Parkland Hills apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
2718 Hyder Ave SE | 2718 Hyder Ave SE | 3BR,2BA | $1.29 |
Landmark Apartments | 2x2_1200 | 2BR,2BA | $1.35 |
Aspen Ridge | Three Bedroom Two Bath | 3BR,2BA | $1.02 |
Four Seasons | 2br apartment corner unit | 2BR,1BA | $1.10 |
1033 Alvarado Dr SE, Unit 1033 Alvarado Dr SE | 1033 Alvarado Dr SE | 2BR,1BA | $1.44 |
1200 Madeira | 2 BD 1.5 Bath | 2BR,1.5BA | $1.47 |
El Pueblo II Apartments | 1x1 | 1BR,1BA | $1.03 |
Madeira Flats- Utilities Included! | FREE UTILITIES! | 1BR,1BA | $1.30 |
1028 Alvarado Dr | 1 Beds, 1 Baths | 1BR,1BA | $1.12 |
Home @ Valencia | 1bd/1ba | 1BR,1BA | $1.41 |
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.
Pet Friendly LifestyleParkland Hills, Albuquerque, NM
Ranked #307
Among neighborhoods in Albuquerque, NM for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Parkland Hills, Albuquerque, NM
School data provided by Great Schools
Best Local Schools in Parkland Hills, Albuquerque, NM
School data provided by Great Schools
Getting Around the Parkland Hills Neighborhood in Albuquerque, NM
Walk Score®
71 / 100
Very Walkable
Most errands can be accomplished on foot
Bike Score®
83 / 100
Very Bikeable
Biking is convenient for most trips
Transit Score®
38 / 100
Some Transit
A few nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Parkland Hills Apartments
What is a cheap apartment in Parkland Hills?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Parkland Hills is under $872.
What is the price of a cheap apartment in Parkland Hills?
The cheapest apartment in Parkland Hills is El Pueblo II Apartments which is listed at $716, while the average apartment in Parkland Hills costs $1,495.
What types of apartments are the cheapest in Parkland Hills?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 109 regular apartments in Parkland Hills that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Parkland Hills?
Cheap apartments in Parkland Hills have an average cost of $280 which is $1,215 cheaper than the average rent for all rentals in Parkland Hills.
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.

Understanding Amenity Fees: Know Where You Might Be Able to Save Money
Written by: Amber Kanuckel
With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

What to Know About Fees and Fines When Renting
Written by: Trey Huguley
When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting
Written by: Andrea Lee Negroni, JD
While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

How Your Move-In Inspection Can Protect Your Security Deposit
Written by: Christine Leonard, Esq.
If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.