Cheap Apartments for Rent in the 87101 ZIP Code of Albuquerque, NM from $300 (74 Rentals)
Search the lowest-cost Apartments available for rent right now in the 87101 ZIP Code area of Albuquerque.

Encino Terrace Senior

208 High St NE

Silver Gardens Apartments

Citadel - Free Utilities

University Village

La Vida Nueva

2129 Coal Ave SE

Union 505
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.

1622 Coal Ave SE

The Beach

915 Walter St SE

1213 Dickerson Dr SE

Villa de San Felipe

Silver Moon Lodge

Imperial

Zocalo Lofts

Peaks at Sandia View

316 Columbia Dr SE
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.

Valley Apartments

1402 3rd St SW

Alvarado Apartments

Nine-O-Nine Apartments

309 Columbia Dr SE, Unit B

1003 4th St SW

Furnished Studio-Albuquerque - Airport

604 Arno St NE
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.

1121 Walter St SE

2009 Lead Ave SE

The Artisan @ Sawmill Village

Olympus Highlands North

Siegel Select ABQ I
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
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.
Albuquerque, NM Local Guide

How much does it cost to rent an apartment in 87101?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| 87101 Studio Apartments | $962 | $675 | $1,661 |
| 87101 1 Bedroom Apartments | $1,133 | $580 | $1,900 |
| 87101 2 Bedroom Apartments | $1,503 | $569 | $2,250 |
| 87101 3 Bedroom Apartments | $1,767 | $1,426 | $2,495 |
| 87101 4 Bedroom Apartments | $2,047 | $1,900 | $2,195 |
Browse Apartments in the 87101 Zip Code of Albuquerque
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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 Tailwind 1 listed at $749.
How much is rent for a Cheap One Bedroom 87101 Apartment?
The lowest price for a Cheap One Bedroom 87101 Apartment is $788 at Caraway Apartments.
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 $995 at The Stapleton Apartments.
What is the most affordable 87101 Three Bedroom Apartment?
The best deal on a cheap 87101 Three Bedroom Apartment rental is at Reserve at Thornton and starts from $1,538.
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.
Articles, How-To's, and Tips

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.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!


















