
Apartments for Rent in the 87101 ZIP Code of Albuquerque, NM Under $1,000 (52 Rentals)


Zocalo Lofts

Peaks at Sandia View

Total Monthly Price
508 5th St SW, Unit C

Silver Moon Lodge

Silver Gardens Apartments

Pine St Studios

The Beach

La Vida Nueva

2121 Gold Ave SE
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.

Citadel - Free Utilities

Millennium Flats

Total Monthly Price
Union 505

Villa De San Felipe

Encino Terrace Senior

417 12th St SW

370 Atrisco Dr SW

1622 Coal Ave SE

401 14th St NW

Casitas de Colores
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.

The Franz

Mountain View II Apartments

Imperial

Sterling Downtown

The Crossroads

1606-1612 Coal Ave SE

Don Quixote Apartments

402 Cornell Dr SE

1320 Dr Martin Luther King Jr Ave NE

Omni House
Albuquerque Uncovered: Your Local Expert's Guide to the High Desert City
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Regina & Walter/Silver Apartments

University Village

Downtown @ 700

Villa Nueva Senior Apartments

Sawmill Lofts

University Studio Apartments

El Sol

816 Coal Ave SW

210 High St NE

1611 Gold Ave SE
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Sunshine Apartments

Columbia Apartments

Arcadia Courtyard

1801 Coal Pl SE

1516 Tijeras Ave NE

Kachina Apartments

Lobo Rainforest

219 Walter St NE

1405 Gold Ave SE

Columbian Apartments
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
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 | $927 | $675 | $1,800 |
| 87101 1 Bedroom Apartments | $1,206 | $580 | $2,043 |
| 87101 2 Bedroom Apartments | $1,497 | $569 | $2,747 |
| 87101 3 Bedroom Apartments | $1,732 | $1,398 | $2,200 |
| 87101 4 Bedroom Apartments | $2,036 | $2,036 | $2,036 |
Browse Apartments in the 87101 Zip Code of Albuquerque
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Frequently Asked Questions about the 87101 ZIP Code
How much are Studio apartments in 87101?
There are currently 183 Studio Apartments in 87101 with rent ranges from $675 to $1,800 with an average price of $927.
What is the current price range for One Bedroom 87101 Apartments for rent?
Today's rental pricing for One Bedroom Apartments in 87101 ranges from $580 to $2,043 with an average monthly rent of $1,206.
What does renting a Two Bedroom Apartment in 87101 cost?
The monthly rent prices of Two Bedroom Apartments currently available in 87101 range from $569 to $2,747. Today's average rental price for Two Bedrooms here is $1,497.
How expensive are 87101 Three Bedroom Apartments?
There are currently 26 Three Bedroom Apartments listings available in 87101 on ApartmentHomeLiving.com. The pricing ranges from $1,398 to $2,200 - averaging $1,732 for the location.
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

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.

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.

Albuquerque Uncovered: Your Local Experts 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.

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.
Articles, How-To's, and Tips

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
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.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.