Cheap Apartments for Rent in the 87120 ZIP Code of Albuquerque, NM from $300 (66 Rentals)

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Search the lowest-cost Apartments available for rent right now in the 87120 ZIP Code area of Albuquerque.

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Stride West
$1,179 - $2,621
Total Monthly Price

Total Monthly Price

Base Rent
$1,179 - $2,621
Total Monthly Price
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1 to 2 Bedroom Apartments Available Now

Stride West

6101 Sequoia Rd NWAlbuquerque, NM 87120
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  • Utilities Included
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Aydan
Rent Specials
$1,197 - $1,501
Total Monthly Price

Total Monthly Price

Base Rent
$1,197 - $1,501
Total Monthly Price
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1 to 2 Bedroom Apartments Available Now

Aydan

6000 Montano Plaza Dr NWAlbuquerque, NM 87120
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The Aubry
$1,384 - $3,294
Total Monthly Price

Total Monthly Price

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$1,384 - $3,294
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1 to 3 Bedroom Apartments Available Now

The Aubry

9180 Coors Rd NWAlbuquerque, NM 87120
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Tucson Apartments
2 Bedroom Apartments

Tucson Apartments

5401-5405 Tucson Rd NWAlbuquerque, NM 87120
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5315 Yucca Cir NE
2 Bedroom Apartments

5315 Yucca Cir NE

5315 Yucca Cir NEAlbuquerque, NM 87120

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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Canon de Arrowhead
1 to 3 Bedroom Apartments

Canon de Arrowhead

1700 Market St NWAlbuquerque, NM 87120
  • Utilities Included
property at 401 14th St NW

$760 - $825

Studio Rentals

Available Now

401 14th St NW

AlbuquerqueNM87104

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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property at 225 63rd St NW

$900 - $925

2 Bedroom Rentals

Available Now

225 63rd St NW

AlbuquerqueNM87105
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Nine-O-Nine Apartments
$1,095 - $1,395
Total Monthly Price

Total Monthly Price

Base Rent
$1,095 - $1,395
Total Monthly Price
$1,095 - $1,395
Studio to 2 Bedroom Apartments Available Now

Nine-O-Nine Apartments

909 Tijeras Ave NWAlbuquerque, NM 87102
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Valley Apartments
Rent Specials
$1,116 - $1,685
Total Monthly Price

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$1,116 - $1,685
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1 to 3 Bedroom Apartments Available Now

Valley Apartments

1812 Indian School Rd NWAlbuquerque, NM 87104
Affordability
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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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Cantata at the Trails
Rent Specials
$1,419 - $3,349
Total Monthly Price

Total Monthly Price

Base Rent
$1,419 - $3,349
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1 to 3 Bedroom Apartments Available Now

Cantata at the Trails

6700 Cantata St NWAlbuquerque, NM 87114
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1420 4th St NW
1 to 2 Bedroom Apartments

1420 4th St NW

1420-1422 4th St NWAlbuquerque, NM 87102
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Candelaria Gardens
2 Bedroom Apartments

Candelaria Gardens

820 Candelaria Rd NWAlbuquerque, NM 87107
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Arcadia Courtyard
1 Bedroom Apartments

Arcadia Courtyard

1020 Park Ave SWAlbuquerque, NM 87102
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816 Coal Ave SW
1 to 2 Bedroom Apartments

816 Coal Ave SW

816 Coal Ave SWAlbuquerque, NM 87102

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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El Sol
1 to 2 Bedroom Apartments

El Sol

1201 Iron Ave SWAlbuquerque, NM 87102
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Carousel
Studio Apartments

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401 14th StAlbuquerque, NM 87104
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Sawmill Lofts
1 to 3 Bedroom Apartments

Sawmill Lofts

1801 Bellamah Ave NWAlbuquerque, NM 87104
  • Utilities Included
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Downtown @ 700
Studio Apartments

Downtown @ 700

700 2nd St NWAlbuquerque, NM 87102
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New Life Homes 4
1 Bedroom Apartments

New Life Homes 4

6600 Delia Rd SWAlbuquerque, NM 87121
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Adobe Manor Apartments
Studio Apartments

Adobe Manor Apartments

7412 Central Ave SWAlbuquerque, NM 87121
  • Utilities Included
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Route 66 Headquarters
Studio to 1 Bedroom Apartments

Route 66 Headquarters

9317 Central Ave NWAlbuquerque, NM 87121
  • Utilities Included

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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Frequently Asked Questions about Cheap the 87120 ZIP Code Apartments

What is the Cheapest Studio apartment in 87120?

Currently the most affordable Cheap Studio Apartment in 87120 is at The House Apartments listed at $1,699.

How much is rent for a Cheap One Bedroom 87120 Apartment?

The lowest price for a Cheap One Bedroom 87120 Apartment is $2,150 at Flats on 2nd Apartments.

What is the lowest price for a Cheap Two Bedroom 87120 Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in 87120 is starting from $2,925 at Red Table Apartments.

What is the most affordable 87120 Three Bedroom Apartment?

The best deal on a cheap 87120 Three Bedroom Apartment rental is at River Run and starts from $4,208.

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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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.

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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.

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

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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.

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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.