Cheap Apartments for Rent in the 87101 ZIP Code of Albuquerque, NM from $300 (85 Rentals)

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Search the lowest-cost Apartments available for rent right now in the 87101 ZIP Code area of Albuquerque.

Your Guide to the Best Neighborhoods to Rent Near Albuquerque’s Top Employers

Moving to Albuquerque? Find the best neighborhoods near Sandia Labs, Presbyterian Healthcare Services, and UNM. Cut your commute, boost your quality of life, and find your perfect apartment or rental home.

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Union 505
Rent Specials
$818 - $2,230
Total Monthly Price

Total Monthly Price

Base Rent
$818 - $2,230
Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Union 505

801 Locust Pl NEAlbuquerque, NM 87102
Active Lifestyle
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  • Customer Reviewed
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Valley Apartments
Rent Specials
$975 - $1,751
Total Monthly Price

Total Monthly Price

Base Rent
$975 - $1,751
Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

Valley Apartments

1812 Indian School Rd NWAlbuquerque, NM 87104
Affordability
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Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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412 Columbia Dr SE, Unit A
$999
Total Monthly Price

Total Monthly Price

Base Rent
$999
Total Monthly Price
$999
1 Bedroom Apartment Available Now

412 Columbia Dr SE, Unit A

412 Columbia Dr SEAlbuquerque, NM 87106
Affordability
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Nine-O-Nine Apartments
Rent Specials
$1,195 - $1,395
Total Monthly Price

Total Monthly Price

Base Rent
$1,195 - $1,395
Total Monthly Price
$1,195 - $1,395
1 to 2 Bedroom Apartments Available Now

Nine-O-Nine Apartments

909 Tijeras Ave NWAlbuquerque, NM 87102
Transit Friendly
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Albuquerque Uncovered: Your Local Expert's Guide to the High Desert City

Find your perfect spot in ABQ. Get a local's breakdown of Albuquerque neighborhoods like Nob Hill and Downtown, plus tips on navigating the city’s unique charm and high-desert lifestyle.

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property at 1521 Gold Ave SE

$1,200 - $1,250

1 Bedroom Rentals

Available Now

1521 Gold Ave SE

AlbuquerqueNM87106

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.

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1420 4th St NW
1 to 2 Bedroom Apartments

1420 4th St NW

1420-1422 4th St NWAlbuquerque, NM 87102
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Columbian Apartments
1 to 2 Bedroom Apartments

Columbian Apartments

208 Columbia Dr SEAlbuquerque, NM 87106
  • Utilities Included
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1405 Gold Ave SE
1 to 2 Bedroom Apartments

1405 Gold Ave SE

1405 Gold Ave SEAlbuquerque, NM 87106
  • Utilities Included
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219 Walter St NE
1 Bedroom Apartments

219 Walter St NE

219-223 Walter St SEAlbuquerque, NM 87102
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Kachina Apartments
1 to 2 Bedroom Apartments

Kachina Apartments

301 Harvard Dr SEAlbuquerque, NM 87106
  • Utilities Included
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1516 Tijeras Ave NE
1 Bedroom Apartments

1516 Tijeras Ave NE

1516-1522 Tijeras Ave NEAlbuquerque, NM 87106
  • Utilities Included
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Arcadia Courtyard
1 Bedroom Apartments

Arcadia Courtyard

1020 Park Ave SWAlbuquerque, NM 87102
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Columbia Apartments
1 to 2 Bedroom Apartments

Columbia Apartments

205-209 Columbia Dr SEAlbuquerque, NM 87106
  • Utilities Included

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Frequently Asked Questions about Cheap the 87101 ZIP Code Apartments

What is the Cheapest Studio apartment in 87101?

Currently the most affordable Cheap Studio Apartment in 87101 is at Marion Apartments listed at $750.

How much is rent for a Cheap One Bedroom 87101 Apartment?

The lowest price for a Cheap One Bedroom 87101 Apartment is $788 at Fitz Gateway.

What is the lowest price for a Cheap Two Bedroom 87101 Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in 87101 is starting from $945 at Fitz Gateway.

What is the most affordable 87101 Three Bedroom Apartment?

The best deal on a cheap 87101 Three Bedroom Apartment rental is at Junction72 and starts from $990.

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

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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.

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Albuquerque Uncovered: Your Local Expert's 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.

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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.

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A Local Expert's Guide To The Best Budget-Friendly Neighborhoods to Rent in Albuquerque

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Albuquerque, New Mexico, offers culture, diversity, and beautiful landscapes. Each neighborhood blends historic charm with nature, education, and entertainment.

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

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Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

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There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

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Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.