Cheap Apartments for Rent in the Towne Park Neighborhood of Albuquerque, NM from $400 (25 Rentals)

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

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Glorieta
2 Bedroom Apartments

Glorieta

115-131 Glorieta St NEAlbuquerque, NM 87123
  • Utilities Included
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436 Utah St NE
1 Bedroom Apartments

436 Utah St NE

436 Utah St NEAlbuquerque, NM 87108
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Donna Ann Apartments
2 Bedroom Apartments

Donna Ann Apartments

7905-8021 Marquette Ave NEAlbuquerque, NM 87108
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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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628-636 Morris St NE
1 Bedroom Apartments

628-636 Morris St NE

628-636 Morris St NEAlbuquerque, NM 87123
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Los Altos Lofts
Studio Apartments

Los Altos Lofts

10330 Hotel Ave NEAlbuquerque, NM 87123
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760 On The Blvd
Studio to 1 Bedroom Apartments

760 On The Blvd

760 Juan Tabo Blvd NEAlbuquerque, NM 87123

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

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Rio Vista Senior
1 Bedroom Apartments

Rio Vista Senior

770 Juan Tabo Blvd NEAlbuquerque, NM 87123
Senior Living
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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 Pinewood Estates priced from $868. Tesota Four Hills has the second lowest priced unit, which is a 2 Beds apartment currently listed from $925. Here are the most affordable Towne Park apartments for rent in Albuquerque, NM:

Apartment ListingModel NameBed/BathPriced From
Pinewood EstatesStudioStudio,1BA$868
Tesota Four HillsB1R2BR,1BA$925
209 Hanosh Ct SE2BR/1.0BA2BR,1BA$925
Arrowhead PointeStudio1BR,1BA$943
Lomas Gardens2BR/1.0BA2BR,1BA$995

Best Value Apartments for Rent in Towne Park, NM

As of May 11, 2025 the best value apartment in the Towne Park area is the $1.42 price per square foot One Bedroom One Bath Model at Los Altos Towers in the in the South Los Altos neighborhood starting from $1,225. 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.
Los Altos TowersOne Bedroom One Bath1BR,1BA$1.42
12805 Dunes Rd SE, Unit 212805 Dunes Rd SE2BR,1BA$1.29
200 Tennessee St NE, Unit 200 A200 Tennessee St NE2BR,1BA$1.13
Lomas Gardens2BR/1.0BA2BR,1BA$1.24
328 Rhode Island (New) St NE2 bed/ 1 bath2BR,1BA$1.24
8309 Trumbull Ave SE, Unit B8309 Trumbull Ave SE2BR,1BA$1.09
1028 Chelwood Park Blvd NE, Unit D1028 Chelwood Park Blvd NE2BR,1BA$1.40
Tesota Four HillsB1R2BR,1BA$1.26
225 Vermont St NE, Unit 4225 Vermont St NE1BR,1BA$1.07
528 Charleston St SE, Unit 4528 Charleston St SE1BR,1BA$1.23

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Pet Friendly Lifestyle
Towne Park, Albuquerque, NM

Ranked #196

Among neighborhoods in Albuquerque, NM for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving brings you comprehensive Lifestyle Ratings of rentals in metropolitan areas across the United States and customized analysis for East Albuquerque. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including our Star Ratings to compare for proximity to parks, luxury amenities, family-friendly amenities, raising pets, transit options, and much more. Find Lifestyle Search in the filter options (above). Happy Searching!

Getting Around the Towne Park Neighborhood in Albuquerque, NM

Walk Score®

55 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

76 / 100

Very Bikeable

Biking is convenient for most trips

Transit Score®

38 / 100

Some Transit

A few nearby public transportation options

Frequently Asked Questions about Cheap Towne Park Apartments

How much is rent for a Cheap One Bedroom Towne Park Apartment?

The lowest price for a Cheap One Bedroom Towne Park Apartment is $943 at Arrowhead Pointe.

What is the lowest price for a Cheap Two Bedroom Towne Park Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Towne Park is starting from $925 at Tesota Four Hills.

What is the most affordable Towne Park Three Bedroom Apartment?

The best deal on a cheap Towne Park Three Bedroom Apartment rental is at MOUNTAIN VISTA and starts from $1,599.

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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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.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

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Rise of Digital Nomads: Remote Work Tips for Apartment Renters

Written by: Brandie Parton

As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.