
Cheap Apartments for Rent in the 87101 ZIP Code of Albuquerque, NM from $300 (101 Rentals)Page 2 of 3
Search the lowest-cost Apartments available for rent right now in the 87101 ZIP Code area of Albuquerque.


Kachina Apartments

Sunshine Apartments

Arcadia Courtyard

Columbia Apartments

1801 Coal Pl SE

1611 Gold Ave SE

2404-2406 1/2 Dora Ave NW

210 High St NE

El Sol
Check Out Albuquerque’s Best Affordable Neighborhoods
Learn about Albuquerque and the best places to live with original content written by our Local Expert Esther Lombardi

University Studio Apartments

1203 Barelas Rd SW

217 Harvard Dr SE

Sunset Apartments

Sawmill Lofts

Villa Nueva Senior Apartments

Downtown @ 700

University Village

Regina & Walter/Silver Apartments

Omni House
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

1320 Dr Martin Luther King Jr Ave NE

Pine St Studios

402 Cornell Dr SE

Don Quixote Apartments

1606-1612 Coal Ave SE

The Crossroads

MLK

Sterling Downtown

521-525 Cedar St SE

Imperial
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

Mountain View II Apartments

1003 4th St NW

Casitas de Colores

The Franz

1900-1910 Gold Ave SE

Bricklight District

Hacienda South

120 10th St NW

Harvard

Old Town Casitas
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.

1119 Edith Blvd SE

Anthea

Marquee Village Apartments

Poblana Place

Chaparral - No Availability

Mehran Lofts - Gold Avenue Realty, LLC

1909 Wilmoore Dr SE

1918 Buena Vista Dr SE

873-895 Silver Ave SW

El Parador
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.
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 | $957 | $575 | $2,701 |
| 87101 1 Bedroom Apartments | $1,167 | $580 | $1,950 |
| 87101 2 Bedroom Apartments | $1,458 | $569 | $2,295 |
| 87101 3 Bedroom Apartments | $1,663 | $600 | $2,200 |
| 87101 4 Bedroom Apartments | $1,665 | $1,500 | $1,995 |
Browse Apartments in the 87101 Zip Code of Albuquerque
Explore Albuquerque
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 Monte Vista 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 $795 at 1695 Clinton St.
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 $1,095 at Monte Vista.
What is the most affordable 87101 Three Bedroom Apartment?
The best deal on a cheap 87101 Three Bedroom Apartment rental is at 9375 E 17th Ave and starts from $1,550.
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

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.

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.

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.

A Local Expert's 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.
Articles, How-To's, and Tips

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.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.