
Cheap Apartments for Rent in the 87121 ZIP Code of Albuquerque, NM from $300 (24 Rentals)
Search the lowest-cost Apartments available for rent right now in the 87121 ZIP Code area of Albuquerque.


Bluewater Village

Tierra Linda

Total Monthly Price
Diamond Mesa

New Life Homes 4

Marbella-Income Restricted Waitlist

Adobe Manor Apartments

Route 66 Headquarters
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.

Volcanes Commons

Tierra Pointe

Valle de Atrisco

Ceja Vista Senior 55+

Nuevo Atrisco

Crescent Ridge

233 63rd St NW

2501 Barcelona Rd
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.

123 53rd St NW

Canon de Arrowhead

West Central Apartments

El Campo Apartments

Welcome Home To Rio Volcan!

Generations at West Mesa

212 65th St NW

Phoenix Apartments
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.
Albuquerque, NM Local Guide

How much does it cost to rent an apartment in 87121?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| 87121 1 Bedroom Apartments | $1,461 | $785 | $3,991 |
| 87121 2 Bedroom Apartments | $1,649 | $895 | $5,155 |
| 87121 3 Bedroom Apartments | $1,756 | $1,150 | $4,882 |
| 87121 4 Bedroom Apartments | $2,966 | $1,300 | $9,226 |
Browse Apartments in the 87121 Zip Code of Albuquerque
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Frequently Asked Questions about Cheap the 87121 ZIP Code Apartments
How much is rent for a Cheap One Bedroom 87121 Apartment?
The lowest price for a Cheap One Bedroom 87121 Apartment is $695 at Pinewood Apartments.
What is the lowest price for a Cheap Two Bedroom 87121 Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in 87121 is starting from $588 at Bentley Commons.
What is the most affordable 87121 Three Bedroom Apartment?
The best deal on a cheap 87121 Three Bedroom Apartment rental is at 11 West | Student Housing and starts from $599.
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

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.

Albuquerque Uncovered: Your Local Expert's 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.

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.

A Local Expert's 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.
Articles, How-To's, and Tips

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
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.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
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.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
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.