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$650 - $709Studio to 1 Bedroom Apartments Available Now
Juniper Flats
25 Hotel Cir NEAlbuquerque, NM 87123
Cheap Apartments for Rent in the 87123 ZIP Code of Albuquerque, NM from $300 (83 Rentals)
Search the lowest-cost Apartments available for rent right now in the 87123 ZIP Code area of Albuquerque.
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$775 - $9051 to 2 Bedroom Apartments Available Soon
Cloudview Terrace
13500 Skyline RdAlbuquerque, NM 87123
13309 Fruit Ave NE
AlbuquerqueNM87123
128 General Arnold St NE
AlbuquerqueNM87123
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Rent Specials
$826 - $2,892
Total Monthly Price
Base Rent$826 - $2,892
Total Monthly PriceVaries
Tesota Four Hills
301 Western Skies Dr SEAlbuquerque, NM 87123
216 General Marshall St NE
AlbuquerqueNM87123
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Rent Specials
$857 - $1,607
Total Monthly Price
Base Rent$857 - $1,607
Total Monthly PriceVaries
Tesota Midtown
200 Figueroa St NEAlbuquerque, NM 87123
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$8901 Bedroom Apartments Available Soon
Rio Vista Senior Apartments
770 Juan Tabo Blvd NEAlbuquerque, NM 87123
132 Erbbe St NE
AlbuquerqueNM87123
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Rent Specials
$900 - $1,250
Total Monthly Price
Base Rent$900 - $1,250
Total Monthly Price$900 - $1,250
Studios on Route 66
13031 Central Ave NEAlbuquerque, NM 87123
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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Rent Specials
$900 - $1,5051 to 3 Bedroom Apartments Available Now
The Ridge
557 Tramway Blvd NEAlbuquerque, NM 87123
300 General Marshall St NE
AlbuquerqueNM87123
216 General Stilwell St NE
AlbuquerqueNM87123
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$910 - $1,2201 to 3 Bedroom Apartments Available Soon
Manzano Vista
300 Dorado Pl SEAlbuquerque, NM 87123
187 Monte Largo Dr NE
AlbuquerqueNM87123
308 General Marshall St NE
AlbuquerqueNM87123
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$1,013 - $1,433
Total Monthly Price
Base Rent$1,013 - $1,433
Total Monthly PriceVaries
Arrowhead Pointe
12021 Skyline Rd NEAlbuquerque, NM 87123
11117 Senac Pl NE
AlbuquerqueNM87123
12729 Dunes Rd SE
AlbuquerqueNM87123
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Rent Specials
$1,106 - $1,708
Total Monthly Price
Base Rent$1,106 - $1,708
Total Monthly PriceVaries
The June
13150 Wenonah Ave SEAlbuquerque, NM 87123
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.
13401 Fruit Ave NE
AlbuquerqueNM87123
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2 Bedroom Apartments
Glorieta
115-131 Glorieta St NEAlbuquerque, NM 87123
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1 Bedroom Apartments
628-636 Morris St NE
628-636 Morris St NEAlbuquerque, NM 87123
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1 to 2 Bedroom Apartments
Morris Townhome Apartments
600-620 Morris St NEAlbuquerque, NM 87123
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1 to 3 Bedroom Apartments
Tesota Four Hills South
425 Western Skies Dr SEAlbuquerque, NM 87123
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1 Bedroom Apartments
8915 Central NE
8915 Central Ave NEAlbuquerque, NM 87123
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2 Bedroom Apartments
308 Whispering Sands Ct SE
308 Whispering Sands Ct SEAlbuquerque, NM 87123
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Studio to 1 Bedroom Apartments
Los Altos Lofts
10330 Hotel Ave NEAlbuquerque, NM 87123
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Studio to 2 Bedroom Apartments
760 Juan Tabo Blvd NE
760 Juan Tabo Blvd NEAlbuquerque, NM 87123
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1 to 2 Bedroom Apartments
209 Hanosh Ct SE
209 Hanosh Ct SEAlbuquerque, NM 87123
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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1 Bedroom Apartments
General Marshall St (204)
204-208 General Marshall St NEAlbuquerque, NM 87123
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2 Bedroom Apartments
134-136 Altez St NE
134-136 Altez St NEAlbuquerque, NM 87123
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1 to 2 Bedroom Apartments
Whispering Sands
12720 Central Ave SEAlbuquerque, NM 87123
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2 Bedroom Apartments
General Stilwell
216 General Stilwell St NEAlbuquerque, NM 87123
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1 to 2 Bedroom Apartments
Luminaria Senior Community
10600 Central Ave NEAlbuquerque, NM 87123
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2 Bedroom Apartments
Monte Largo
187 Monte Largo Dr NEAlbuquerque, NM 87123
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1 to 2 Bedroom Apartments
Farolito Senior Apartments
10501 Central Ave NEAlbuquerque, NM 87123
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2 Bedroom Apartments
Coyote Point
13500 Skyline Rd NEAlbuquerque, NM 87123
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1 to 3 Bedroom Apartments
Palazzo Apartments
14124 Copper Ave NEAlbuquerque, NM 87123
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Studio to 2 Bedroom Apartments
Los Altos Towers
9125 Copper Ave NEAlbuquerque, NM 87123
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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1 to 3 Bedroom Apartments
Copperfield
14225 Copper Ave NEAlbuquerque, NM 87123
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1 to 4 Bedroom Apartments
Copper Terrace Apartments
12801 Copper Ave NEAlbuquerque, NM 87123
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Rent Specials
$765 - $1,0501 to 2 Bedroom Apartments Available Soon
The Twelve 601
12601 Lomas Blvd NEAlbuquerque, NM 87112
431 Virginia St NE
AlbuquerqueNM87108
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$8751 Bedroom Apartments Available Soon
Executive East Apartments
2112 Moon St NEAlbuquerque, NM 87112
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$895 - $1,635Studio to 3 Bedroom Apartments Available Soon
Executive West - Senior Community
2215 Ambassador Rd NEAlbuquerque, NM 87112
8401 Marquette Ave. NE
AlbuquerqueNM87108
940 Chelwood Park Blvd NE
AlbuquerqueNM87112
324 Vermont St NE
AlbuquerqueNM87108
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$950 - $1,350Studio to 2 Bedroom Apartments Available Now
Arlo Apartments
8911 Northeastern Blvd NEAlbuquerque, NM 87112
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.
Showing Results 1-50, Page 1 of 2
Albuquerque, NM Local Guide
How much does it cost to rent an apartment in 87123?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| 87123 Studio Apartments | $728 | $650 | $1,200 |
| 87123 1 Bedroom Apartments | $1,134 | $600 | $2,408 |
| 87123 2 Bedroom Apartments | $1,293 | $679 | $2,213 |
| 87123 3 Bedroom Apartments | $1,618 | $1,076 | $2,864 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
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Frequently Asked Questions about Cheap the 87123 ZIP Code Apartments
What is the Cheapest Studio apartment in 87123?
Currently the most affordable Cheap Studio Apartment in 87123 is at 835 Bridge listed at $1,200.
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.
Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.
Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.
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.