Apartments for Rent in the 87116 ZIP Code of Albuquerque, NM Under $1,500 (55 Rentals)

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The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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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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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Ortiz Place Townhomes
2 Bedroom Apartments

Ortiz Place Townhomes

1233-1257 Ortiz Dr SEAlbuquerque, NM 87108
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Desert Park
Studio to 3 Bedroom Apartments

Desert Park

900 Valencia Dr SEAlbuquerque, NM 87108
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Valencia Park
1 to 2 Bedroom Apartments

Valencia Park

924 Valencia Dr SEAlbuquerque, NM 87108
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Aspen Ridge
2 to 4 Bedroom Apartments

Aspen Ridge

820 Louisiana Blvd SEAlbuquerque, NM 87108
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Roadway Motel
Studio to 1 Bedroom Apartments

Roadway Motel

13211 Central Ave NEAlbuquerque, NM 87123
  • Utilities Included

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Skylight Apartments
2 Bedroom Apartments

Skylight Apartments

3410-3422 Vail Ave SEAlbuquerque, NM 87106
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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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1028 Alvarado Dr
1 Bedroom Apartments

1028 Alvarado Dr

1028 Alvarado DrAlbuquerque, NM 87108
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The Loop @950
Studio to 4 Bedroom Apartments

The Loop @950

950 Louisiana Blvd SEAlbuquerque, NM 87108
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Yucca House
1 Bedroom Apartments

Yucca House

1015 Valencia Dr SEAlbuquerque, NM 87108
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Showing Results 1-50, Page 1 of 2

Frequently Asked Questions about the 87116 ZIP Code

How much are Studio apartments in 87116?

There are currently 126 Studio Apartments in 87116 with rent ranges from $435 to $1,000 with an average price of $779.

What is the current price range for One Bedroom 87116 Apartments for rent?

Today's rental pricing for One Bedroom Apartments in 87116 ranges from $489 to $2,099 with an average monthly rent of $1,043.

What does renting a Two Bedroom Apartment in 87116 cost?

The monthly rent prices of Two Bedroom Apartments currently available in 87116 range from $599 to $1,911. Today's average rental price for Two Bedrooms here is $1,187.

How expensive are 87116 Three Bedroom Apartments?

There are currently 17 Three Bedroom Apartments listings available in 87116 on ApartmentHomeLiving.com. The pricing ranges from $699 to $2,700 - averaging $1,637 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.

Articles, How-To's, and Tips

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 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.