
Cheap Homes for Rent in the 87102 ZIP Code of Albuquerque, NM from $300 (24 Rentals)
Search the lowest-cost Homes available for rent right now in the 87102 ZIP Code area of Albuquerque.


543 Cedar St SE

240 Wheeler Ave SE

1508 John St, Unit A

1216 High St SE

614 11th St SW

300 Tijeras Ave NE

301 Central Ave NE
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.

301 Central Ave NE, Unit 117

1508 Edith Blvd NE

522 14th St NW

100 Broadway Blvd NE, Unit 303

100 Broadway Blvd NE, Unit 102

820 Arno St SE

820 Arno St SE

810 13th St NW
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.

1918 Buena Vista Dr SE

208 13th St NW

819 8th St NW

706 Fruit Ave NW

300 Tijeras Ave NE, Unit 407

2101 Elm St SE

2101 Elm St SE

2001 Gold Ave 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.
Albuquerque, NM Local Guide

How much does it cost to rent an apartment in Albuquerque?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| 87102 2 Bedroom Homes for Rent | $1,484 | $569 | $3,200 |
| 87102 3 Bedroom Homes for Rent | $1,791 | $1,398 | $2,500 |
| 87102 4 Bedroom Homes for Rent | $2,410 | $2,400 | $2,450 |
Browse Homes for Rent in the 87102 Zip Code of Albuquerque
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Frequently Asked Questions about the 87102 ZIP Code
How much are larger Three and Four Bedroom Rentals in 87102?
For those who are looking for larger living arrangements, Three Bedroom Apartments in 87102 range from $987 to $4,270, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,398 to $2,500. Four Bedroom Single-Family rentals are also available starting from $2,400 and Four Bedroom Apartments start at $1,300.
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.
Articles, How-To's, and Tips

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.