Cheap Apartments for Rent in the 87120 ZIP Code of Albuquerque, NM from $300 (62 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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Aydan
Rent Specials
$1,121 - $1,559
Total Monthly Price

Total Monthly Price

Base Rent
$1,121 - $1,559
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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Taylor Ranch
$1,189 - $1,585
Total Monthly Price

Total Monthly Price

Base Rent
$1,189 - $1,585
Total Monthly Price
$1,189 - $1,585
1 to 2 Bedroom Apartments Available Now

Taylor Ranch

5601 Taylor Ranch Rd NWAlbuquerque, NM 87120
Family Friendly
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The Aubry
$1,301 - $3,410
Total Monthly Price

Total Monthly Price

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$1,301 - $3,410
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1 to 3 Bedroom Apartments Available Now

The Aubry

9180 Coors Rd NWAlbuquerque, NM 87120
Corporate Housing
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Stride West
$1,310 - $2,586
Total Monthly Price

Total Monthly Price

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$1,310 - $2,586
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1 to 2 Bedroom Apartments Available Now

Stride West

6101 Sequoia 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
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Canon de Arrowhead
1 to 3 Bedroom Apartments

Canon de Arrowhead

1700 Market St NWAlbuquerque, NM 87120
  • Utilities Included

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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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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Valley Apartments
Rent Specials
$1,028 - $1,705
Total Monthly Price

Total Monthly Price

Base Rent
$1,028 - $1,705
Total Monthly Price
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1 to 3 Bedroom Apartments Available Now

Valley Apartments

1812 Indian School Rd NWAlbuquerque, NM 87104
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Nine-O-Nine Apartments
Rent Specials
$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 Jul 1

Nine-O-Nine Apartments

909 Tijeras Ave NWAlbuquerque, NM 87102
Transit Friendly
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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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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
  • Utilities Included
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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
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El Sol
1 to 2 Bedroom Apartments

El Sol

1201 Iron Ave SWAlbuquerque, NM 87102
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Sawmill Lofts
1 to 3 Bedroom Apartments

Sawmill Lofts

1801 Bellamah Ave NWAlbuquerque, NM 87104
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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

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Adobe Manor Apartments
Studio Apartments

Adobe Manor Apartments

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

Route 66 Headquarters

9317 Central Ave NWAlbuquerque, NM 87121
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Rainbow Apartments
1 Bedroom Apartments

Rainbow Apartments

4600 Central Ave SWAlbuquerque, NM 87105
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El Campo Apartments
Studio to 1 Bedroom Apartments

El Campo Apartments

5800 Central Ave SWAlbuquerque, NM 87105
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Tierra Pointe
Studio to 3 Bedroom Apartments

Tierra Pointe

6901-6901 Los Volcanes Rd NWAlbuquerque, NM 87121
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The Crossroads
Studio Apartments

The Crossroads

315 Central Ave NWAlbuquerque, NM 87102
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Volcanes Commons
1 to 3 Bedroom Apartments

Volcanes Commons

6901 Glenrio Rd NWAlbuquerque, NM 87121
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Sterling Downtown
Studio to 2 Bedroom Apartments

Sterling Downtown

800 Silver Ave SWAlbuquerque, NM 87102
  • Utilities Included

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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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 $1,999 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 $2,595 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 $3,545.

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.

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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.

decorative image for Your Guide to the Best Neighborhoods to Rent Near Albuquerques Top Employers article

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.

Articles, How-To's, and Tips

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

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

Written by: Robin Stewart

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.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

decorative image for Neighborhood and Market Insights: How to Choose the Right Area to Rent article

Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.