Apartments for Rent in the 87106 ZIP Code of Albuquerque, NM Under $1,500 (92 Rentals)

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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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property at 1521 Gold Ave SE
$1,200 - $1,250
1 Bedroom Rentals
Available Now
Affordability

1521 Gold Ave SE

AlbuquerqueNM87106

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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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 1111 Amherst Dr SE
$695 - $945
1 To 2 Bedroom Rentals
Available Now
Affordability

1111 Amherst Dr SE

AlbuquerqueNM87106
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El Parador
Studio to 1 Bedroom Apartments

El Parador

201 Yale Blvd SEAlbuquerque, NM 87106

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

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Harvard
1 Bedroom Apartments

Harvard

124 Harvard Dr SEAlbuquerque, NM 87106
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Bricklight District
Studio to 2 Bedroom Apartments

Bricklight District

115 Harvard Dr SEAlbuquerque, NM 87106
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MLK
1 Bedroom Apartments

MLK

1217-1223 Dr Martin Luther King Jr Ave NEAlbuquerque, NM 87106
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Los Arcos
1 Bedroom Apartments

Los Arcos

1813 Girard Blvd NEAlbuquerque, NM 87106
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Del Lago Apartments
1 Bedroom Apartments

Del Lago Apartments

1505 Girard Blvd NEAlbuquerque, NM 87106
Student Housing

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.

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Frequently Asked Questions about the 87106 ZIP Code

How much are Studio apartments in 87106?

There are currently 165 Studio Apartments in 87106 with rent ranges from $575 to $2,614 with an average price of $880.

What is the current price range for One Bedroom 87106 Apartments for rent?

Today's rental pricing for One Bedroom Apartments in 87106 ranges from $489 to $1,775 with an average monthly rent of $1,077.

What does renting a Two Bedroom Apartment in 87106 cost?

The monthly rent prices of Two Bedroom Apartments currently available in 87106 range from $695 to $2,200. Today's average rental price for Two Bedrooms here is $1,308.

How expensive are 87106 Three Bedroom Apartments?

There are currently 22 Three Bedroom Apartments listings available in 87106 on ApartmentHomeLiving.com. The pricing ranges from $1,426 to $5,494 - averaging $2,778 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

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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.

decorative image for Albuquerque Uncovered: Your Local Expert's Guide to the High Desert City article

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

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

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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.

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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.

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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.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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

Written by: Robin Stewart

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.