Cheap Apartments for Rent in the 87109 ZIP Code of Albuquerque, NM from $300 (46 Rentals)

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Search the lowest-cost Apartments available for rent right now in the 87109 ZIP Code area of Albuquerque.

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Tesota Morningside
Rent Specials
$952 - $1,330
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$952 - $1,330

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1 to 2 Bedroom Apartments Available May 8

Tesota Morningside

3958 Montgomery Blvd NEAlbuquerque, NM 87109
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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.

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Milo
Rent Specials
$1,088 - $1,401
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$1,088 - $1,401

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1 to 2 Bedroom Apartments Available Now

Milo

4217 Louisiana Blvd NEAlbuquerque, NM 87109
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Sun Plaza
Rent Specials
$1,125 - $1,882
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$1,125 - $1,882

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1 to 3 Bedroom Apartments Available Now

Sun Plaza

4400 Montgomery Blvd NEAlbuquerque, NM 87109
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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.

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Calero
$1,269 - $2,021
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Total Monthly Price

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$1,269 - $2,021

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1 to 3 Bedroom Apartments Available Now

Calero

8000 Montgomery Blvd NEAlbuquerque, NM 87109
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AYA ABQ
Rent Specials
$1,301 - $3,824
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$1,301 - $3,824

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1 to 2 Bedroom Apartments Available Now

AYA ABQ

5324 San Mateo Blvd NEAlbuquerque, NM 87109
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Casa Tierra
Rent Specials
$1,335 - $5,555
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$1,335 - $5,555

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1 to 3 Bedroom Apartments Available Now

Casa Tierra

4949 San Pedro Dr NEAlbuquerque, NM 87109
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Allaso Journal Center
Rent Specials
$1,483 - $2,247
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$1,483 - $2,247

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Studio to 2 Bedroom Apartments Available Now

Allaso Journal Center

7800 Headline Blvd NEAlbuquerque, NM 87109
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San Mateo Suites
Studio Apartments

San Mateo Suites

5001 San Mateo Ln NEAlbuquerque, NM 87109
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Lincoln Place
Studio to 2 Bedroom Apartments

Lincoln Place

4401 San Pedro Dr NEAlbuquerque, NM 87109

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.

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Rancho Verde
1 to 2 Bedroom Apartments

Rancho Verde

5800 Truchas Dr NEAlbuquerque, NM 87109
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Canoan Village
$1,017 - $1,682
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$1,017 - $1,682

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Studio to 2 Bedroom Apartments Available Now

Canoan Village

5300 Eubank Blvd NEAlbuquerque, NM 87111
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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.

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Sierra Meadows
Rent Specials
$1,240 - $2,136
Total Monthly Price

Total Monthly Price

Base Rent
$1,240 - $2,136

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1 to 3 Bedroom Apartments Available Now

Sierra Meadows

4224-4246 Eubank BlvdAlbuquerque, NM 87111
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Treehouse Apartments
Studio to 2 Bedroom Apartments

Treehouse Apartments

4610 Eubank Blvd NEAlbuquerque, NM 87111
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Wyoming Place Apartments
1 to 2 Bedroom Apartments

Wyoming Place Apartments

5222 Wyoming Blvd NEAlbuquerque, NM 87112
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Spain Townhomes
2 Bedroom Apartments

Spain Townhomes

5009 El Corte Miramar NEAlbuquerque, NM 87111

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.

Frequently Asked Questions about Cheap the 87109 ZIP Code Apartments

What is the Cheapest Studio apartment in 87109?

Currently the most affordable Cheap Studio Apartment in 87109 is at 326 East Arkansas St. listed at $1,050.

How much is rent for a Cheap One Bedroom 87109 Apartment?

The lowest price for a Cheap One Bedroom 87109 Apartment is $1,650 at 326 East Arkansas St..

What is the lowest price for a Cheap Two Bedroom 87109 Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in 87109 is starting from $1,650 at 326 East Arkansas St..

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

decorative image for A Local Experts Guide To The Best Budget-Friendly Neighborhoods to Rent in Albuquerque article

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.

decorative image for The Students Guide to Albuquerque: Top Neighborhoods That Put CNM and UNM Life Within Reach article

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.

decorative image for Albuquerque Uncovered: Your Local Experts Guide to the High Desert City article

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

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

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.

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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.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.