Apartments for Rent with Specials in the 87123 ZIP Code of Albuquerque, NM (15 Rentals)

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Apartments in the 87123 ZIP Code area of Albuquerque with special offers and discounts available right now - opportunities to save money or get a month or more of free rent.

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Arrowhead Pointe
Rent Specials
$1,013 - $1,552
Total Monthly Price

Total Monthly Price

Base Rent
$1,013 - $1,552

Total Monthly Price
$1,013 - $1,552
Special Offer
Discounts Receive $500 off move-in costs on select homes. Studios start at $699 base rent/month, and Jr. one-bedroom apartments start at $89
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Arrowhead Pointe

12021 Skyline Rd NEAlbuquerque, NM 87123
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Juniper Flats
Rent Specials
$957 - $1,082Special Offer
Specials Enjoy our $299 Move-In Special and a $250 deposit on all floorplans with 12–15 month leases. Terms and conditions apply.
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Juniper Flats

25 Hotel Cir NEAlbuquerque, NM 87123
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Lumen
Rent Specials
$1,499 - $1,808
Total Monthly Price

Total Monthly Price

Base Rent
$1,499 - $1,808

Total Monthly Price
Varies
Special Offer
1 Month Free ONE MONTH FREE (base rent) with a 11-14-month lease! Waived Admin and Application Fee for Preferred Employers *Fees excluded, r
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Lumen

701 Stephen Moody St SEAlbuquerque, NM 87123
Active Lifestyle
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Tesota Midtown
Rent Specials
$857 - $1,607
Total Monthly Price

Total Monthly Price

Base Rent
$857 - $1,607

Total Monthly Price
Varies
Special Offer
1 Month Free Limited Time: One Month Free (off base rent) *On select apartment homes, fees excluded, restrictions apply ; Limited Time: One
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Tesota Midtown

200 Figueroa St NEAlbuquerque, NM 87123
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Tesota Four Hills
Rent Specials
$746 - $2,569
Total Monthly Price

Total Monthly Price

Base Rent
$746 - $2,569

Total Monthly Price
Varies
Special Offer
1 Month Free Limited Time: One Month Free off base rent *On select apartment homes, fees excluded, restrictions apply ; Limited Time: One Mo
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Tesota Four Hills

301 Western Skies Dr SEAlbuquerque, NM 87123
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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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The June
Rent Specials
$1,079 - $1,658
Total Monthly Price

Total Monthly Price

Base Rent
$1,079 - $1,658

Total Monthly Price
Varies
Special Offer
1 Month Free ONE MONTH FREE (base rent) with an 11-14 month lease! *fees excluded, restrictions apply
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The June

13150 Wenonah Ave SEAlbuquerque, NM 87123
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The Ridge
Rent Specials
$900 - $1,520Special Offer
Discounts July Just Got Better — $500 off move in
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The Ridge

557 Tramway Blvd NEAlbuquerque, NM 87123
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  • Utilities Included
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Studios on Route 66
Rent Specials
$900 - $1,100
Total Monthly Price

Total Monthly Price

Base Rent
$900 - $1,100

Total Monthly Price
$900 - $1,100
Special Offer
Specials Free Direct TV, Wifi, and Utilities Included!
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Studios on Route 66

13031 Central Ave NEAlbuquerque, NM 87123
Furnished
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  • Utilities Included
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Zia Townhomes
Rent Specials
$1,715 - $2,145Special Offer
1 Month Free We have fantastic Pricing and Specials today! We are now offering up to one month OFF at move in on select homes!
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Zia Townhomes

12004 Zia Rd NEAlbuquerque, NM 87123
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MOUNTAIN VISTA
Rent Specials
$1,020 - $1,674
Total Monthly Price

Total Monthly Price

Base Rent
$1,020 - $1,674

Total Monthly Price
Varies
Special Offer
Specials Free Rent, Unlocked: Lease by Aug. 5 for a chance to win FREE RENT FOR ONE YEAR. No purchase necessary. See official rules at www.r
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MOUNTAIN VISTA

1501 Tramway Blvd NEAlbuquerque, NM 87112
Corporate Housing
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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.

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Northpointe Village
Rent Specials
$1,100 - $1,733Special Offer
Specials Receive up to $500 off move in costs on select homes. Plus, take advantage of our Look and Lease Special, $99 Admin fee for same da
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Northpointe Village

12801 Indian School Rd NEAlbuquerque, NM 87112
Family Friendly
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Brio Sandia
Rent Specials
$1,795 - $2,295Special Offer
1 Month Free ONE MONTH FREE when you sign a 12 month lease for both furnished and unfurnished units, applicable for both new and existing re
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Brio Sandia

11930 Menaul Blvd NEAlbuquerque, NM 87112
Furnished
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  • Smoke Free
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Arlo Apartments
Rent Specials
$950 - $1,350Special Offer
Specials Limited-Time Move-In Special! Apply today and move into your new home by August 15, 2026, and we'll credit your application fees to
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Arlo Apartments

8911 Northeastern Blvd NEAlbuquerque, NM 87112
Affordability
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  • Smoke Free

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.

Frequently Asked Questions about the 87123 ZIP Code

How much are Studio apartments in 87123?

There are currently 61 Studio Apartments in 87123 with rent ranges from $730 to $1,082 with an average price of $1,000.

What is the current price range for One Bedroom 87123 Apartments for rent?

Today's rental pricing for One Bedroom Apartments in 87123 ranges from $600 to $1,752 with an average monthly rent of $1,128.

What does renting a Two Bedroom Apartment in 87123 cost?

The monthly rent prices of Two Bedroom Apartments currently available in 87123 range from $679 to $2,295. Today's average rental price for Two Bedrooms here is $1,324.

How expensive are 87123 Three Bedroom Apartments?

There are currently 20 Three Bedroom Apartments listings available in 87123 on ApartmentHomeLiving.com. The pricing ranges from $1,099 to $2,569 - averaging $1,621 for the location.

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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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.

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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.

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The Students Guide to Albuquerque: Top Neighborhoods That Put CNM and UNM Life Within Reach

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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.

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A Local Expert's Guide To The Best Budget-Friendly Neighborhoods to Rent in Albuquerque

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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

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First Apartment Regrets: Real Renters Share What They'd Do Differently

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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.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

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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.

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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.

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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.