Cheap Apartments for Rent in the 87123 ZIP Code of Albuquerque, NM from $300 (59 Rentals)

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Search the lowest-cost Apartments available for rent right now in the 87123 ZIP Code area of Albuquerque.

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Tesota Four Hills
Rent Specials
$740 - $2,546
Total Monthly Price

Total Monthly Price

Base Rent
$706 - $2,512
Required Monthly Fees
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Total Monthly Price
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1 to 3 Bedroom Apartments Available Now

Tesota Four Hills

301 Western Skies Dr SEAlbuquerque, NM 87123
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Tesota Midtown
Rent Specials
$857 - $1,642
Total Monthly Price

Total Monthly Price

Base Rent
$825 - $1,610
Required Monthly Fees
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Total Monthly Price
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1 to 3 Bedroom Apartments Available Now

Tesota Midtown

200 Figueroa St NEAlbuquerque, NM 87123
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Arrowhead Pointe
Rent Specials
$1,013 - $1,592
Total Monthly Price

Total Monthly Price

Base Rent
$938 - $1,517
Required Monthly Fees
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Total Monthly Price
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1 to 3 Bedroom Apartments Available Now

Arrowhead Pointe

12021 Skyline Rd NEAlbuquerque, NM 87123
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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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The June
Rent Specials
$1,083 - $1,585
Total Monthly Price

Total Monthly Price

Base Rent
$1,020 - $1,522
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Total Monthly Price
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1 to 2 Bedroom Apartments Available Now

The June

13150 Wenonah Ave SEAlbuquerque, NM 87123
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Lumen
Rent Specials
$1,401 - $1,692
Total Monthly Price

Total Monthly Price

Base Rent
$1,338 - $1,629
Required Monthly Fees
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Total Monthly Price
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1 to 2 Bedroom Apartments Available Now

Lumen

701 Stephen Moody St SEAlbuquerque, NM 87123
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Glorieta
2 Bedroom Apartments

Glorieta

115-131 Glorieta St NEAlbuquerque, NM 87123
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628-636 Morris St NE
1 Bedroom Apartments

628-636 Morris St NE

628-636 Morris St NEAlbuquerque, NM 87123
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Los Altos Lofts
Studio to 1 Bedroom Apartments

Los Altos Lofts

10330 Hotel Ave NEAlbuquerque, NM 87123
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ABQ Encore
Studio to 1 Bedroom Apartments

ABQ Encore

810 Eubank Blvd NEAlbuquerque, NM 87123

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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760 Juan Tabo Blvd NE
Studio to 2 Bedroom Apartments

760 Juan Tabo Blvd NE

760 Juan Tabo Blvd NEAlbuquerque, NM 87123
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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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134-136 Altez St NE
2 Bedroom Apartments

134-136 Altez St NE

134-136 Altez St NEAlbuquerque, NM 87123
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Whispering Sands
1 to 2 Bedroom Apartments

Whispering Sands

12720 Central Ave SEAlbuquerque, NM 87123
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Roadway Motel
Studio to 1 Bedroom Apartments

Roadway Motel

13211 Central Ave NEAlbuquerque, NM 87123
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Luminaria Senior Community
1 to 2 Bedroom Apartments

Luminaria Senior Community

10600 Central Ave NEAlbuquerque, NM 87123
Senior Living
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Coyote Point
2 Bedroom Apartments

Coyote Point

13500 Skyline Rd NEAlbuquerque, NM 87123
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Palazzo Apartments
1 to 3 Bedroom Apartments

Palazzo Apartments

14124 Copper Ave NEAlbuquerque, NM 87123
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Los Altos Towers
Studio to 2 Bedroom Apartments

Los Altos Towers

9125 Copper Ave NEAlbuquerque, NM 87123

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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Copperfield
1 to 3 Bedroom Apartments

Copperfield

14225 Copper Ave NEAlbuquerque, NM 87123
  • Utilities Included

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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The Reserve
Rent Specials
$1,143 - $1,620
Total Monthly Price

Total Monthly Price

Base Rent
$1,118 - $1,595
Required Monthly Fees
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Total Monthly Price
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1 to 3 Bedroom Apartments Available Now

The Reserve

1001 Tramway Blvd NEAlbuquerque, NM 87112
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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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Frequently Asked Questions about Cheap the 87123 ZIP Code Apartments

What is the lowest price for a Cheap Two Bedroom 87123 Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in 87123 is starting from $1,175 at Country Green Apartments.

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

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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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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.

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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.

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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.