
Cheap Apartments for Rent in the 87101 ZIP Code of Albuquerque, NM from $300 (79 Rentals)
Search the lowest-cost Apartments available for rent right now in the 87101 ZIP Code area of Albuquerque.


Encino Terrace Senior

Silver Gardens Apartments

Union 505

2129 Coal Ave SE

Citadel - Free Utilities

University Village

La Vida Nueva

208 High St NE
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.

1622 Coal Ave SE

1101-1103 Wilmoore Dr SE

The Beach

427 Stanford Dr SE

Villa de San Felipe

Silver Moon Lodge

Imperial

Zocalo Lofts

Alvarado Apartments

Peaks at Sandia View
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.

505 Central Lofts

1402 3rd St SW

Nine-O-Nine Apartments

309 Columbia Dr SE, Unit B

223 Cornell Dr SE, Unit B

2425 Mountain Rd NW

Valley Apartments

1207 Barelas St SW, Unit C
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.

1409-1409 Hazeldine Ave SE

1013 Dickerson Dr SE, Unit C

Furnished Studio-Albuquerque - Airport

1203 Barelas St SW, Unit B

1204 Sawmill Rd NW, Unit 1

604 Arno St NE

1121 Walter St SE

The Artisan @ Sawmill Village

Siegel Select ABQ I

424 Stanford Dr SE
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.
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
Albuquerque, NM Local Guide

How much does it cost to rent an apartment in 87101?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| 87101 Studio Apartments | $1,116 | $675 | $1,800 |
| 87101 1 Bedroom Apartments | $1,136 | $580 | $1,900 |
| 87101 2 Bedroom Apartments | $1,517 | $569 | $2,392 |
| 87101 3 Bedroom Apartments | $1,921 | $1,426 | $3,195 |
| 87101 4 Bedroom Apartments | $1,900 | $1,900 | $1,900 |
Browse Apartments in the 87101 Zip Code of Albuquerque
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Frequently Asked Questions about Cheap the 87101 ZIP Code Apartments
What is the Cheapest Studio apartment in 87101?
Currently the most affordable Cheap Studio Apartment in 87101 is at Tailwind 1 listed at $749.
How much is rent for a Cheap One Bedroom 87101 Apartment?
The lowest price for a Cheap One Bedroom 87101 Apartment is $788 at Caraway Apartments.
What is the lowest price for a Cheap Two Bedroom 87101 Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in 87101 is starting from $999 at Terrace Gardens.
What is the most affordable 87101 Three Bedroom Apartment?
The best deal on a cheap 87101 Three Bedroom Apartment rental is at Mural Apartments and starts from $1,048.
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

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.

How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.












