Cheap Apartments for Rent in the 87116 ZIP Code of Albuquerque, NM from $300 (61 Rentals)

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Search the lowest-cost Apartments available for rent right now in the 87116 ZIP Code area of Albuquerque.

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Tesota Four Hills
Rent Specials
$746 - $2,569
Total Monthly Price

Total Monthly Price

Base Rent
$746 - $2,569
Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Aug 1

Tesota Four Hills

301 Western Skies Dr SEAlbuquerque, NM 87123
Affordability
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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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The French Quarter
Rent Specials
$850 - $995
Total Monthly Price

Total Monthly Price

Base Rent
$850 - $995
Total Monthly Price
$850 - $995
1 Bedroom Apartments Available Now

The French Quarter

1101-1121 Palomas Dr SEAlbuquerque, NM 87108
Corporate Housing
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  • Smoke Free
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The June
Rent Specials
$861 - $1,658
Total Monthly Price

Total Monthly Price

Base Rent
$861 - $1,658
Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Now

The June

13150 Wenonah Ave SEAlbuquerque, NM 87123
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636 San Pablo St SE, Unit A
$900
Total Monthly Price

Total Monthly Price

Base Rent
$900
Total Monthly Price
$900
1 Bedroom Apartment Available Now

636 San Pablo St SE, Unit A

636 San Pablo St SEAlbuquerque, NM 87108
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Studios on Route 66
Rent Specials
$900 - $1,100
Total Monthly Price

Total Monthly Price

Base Rent
$900 - $1,100
Total Monthly Price
$900 - $1,100
Studio to 1 Bedroom Apartments Available Now

Studios on Route 66

13031 Central Ave NEAlbuquerque, NM 87123
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Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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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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Lumen
Rent Specials
$1,421 - $1,767
Total Monthly Price

Total Monthly Price

Base Rent
$1,421 - $1,767
Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Now

Lumen

701 Stephen Moody St SEAlbuquerque, NM 87123
Active Lifestyle
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Warren Continental
Studio to 2 Bedroom Apartments

Warren Continental

1000 Louisiana Blvd SEAlbuquerque, NM 87108
Furnished
  • Utilities Included
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3409 Crest Ave SE
1 Bedroom Apartments

3409 Crest Ave SE

3409 Crest Ave SEAlbuquerque, NM 87106
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3400 Crest Ave SE
1 Bedroom Apartments

3400 Crest Ave SE

3400-3408 Crest Ave SEAlbuquerque, NM 87106
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Warren Park Apartments
Studio to 4 Bedroom Apartments

Warren Park Apartments

900 Continental Loop SEAlbuquerque, NM 87108
  • Utilities Included
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Yucca House
1 Bedroom Apartments

Yucca House

1015 Valencia Dr SEAlbuquerque, NM 87108
  • Utilities Included

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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1028 Alvarado Dr
1 Bedroom Apartments

1028 Alvarado Dr

1028 Alvarado DrAlbuquerque, NM 87108
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3435 Smith Ave SE
2 Bedroom Apartments

3435 Smith Ave SE

3435 Smith Ave SEAlbuquerque, NM 87106
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Whispering Sands
1 to 2 Bedroom Apartments

Whispering Sands

12720 Central Ave SEAlbuquerque, NM 87123
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209 Hanosh Ct SE
1 to 2 Bedroom Apartments

209 Hanosh Ct SE

209 Hanosh Ct SEAlbuquerque, NM 87123
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Skylight Apartments
2 Bedroom Apartments

Skylight Apartments

3410-3422 Vail Ave SEAlbuquerque, NM 87106
  • Utilities Included
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Madeira Court
Studio to 1 Bedroom Apartments

Madeira Court

1001 Madeira Dr SEAlbuquerque, NM 87108

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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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.

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Your Guide to the Best Neighborhoods to Rent Near Albuquerques Top Employers

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I still recollect my first morning commute in Albuquerque.

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Albuquerque Uncovered: Your Local Expert's Guide to the High Desert City

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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

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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

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Albuquerque, New Mexico, offers culture, diversity, and beautiful landscapes. Each neighborhood blends historic charm with nature, education, and entertainment.

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Rent According to Income: A Look at Income-Restricted Rentals

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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.

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

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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.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

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There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

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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.