Apartments for Rent in the 87116 ZIP Code of Albuquerque, NM (257 Rentals)

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Lumen
Rent Specials
$1,477 - $1,900
Total Monthly Price

Total Monthly Price

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$1,477 - $1,900
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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Tesota Four Hills
Rent Specials
$831 - $2,626
Total Monthly Price

Total Monthly Price

Base Rent
$831 - $2,626
Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Sep 9

Tesota Four Hills

301 Western Skies Dr SEAlbuquerque, NM 87123
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The June
Rent Specials
$1,102 - $1,678
Total Monthly Price

Total Monthly Price

Base Rent
$1,102 - $1,678
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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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
Studio to 1 Bedroom Apartments Available Now

Studios on Route 66

13031 Central Ave NEAlbuquerque, 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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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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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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427 Dallas St SE
1 Bedroom Apartments

427 Dallas St SE

427 Dallas St SEAlbuquerque, NM 87108
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4605 Gibson Blvd SE
2 Bedroom Apartments

4605 Gibson Blvd SE

4605 Gibson Blvd SEAlbuquerque, NM 87108
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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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3409 Crest Ave SE
1 Bedroom Apartments

3409 Crest Ave SE

3409 Crest Ave SEAlbuquerque, NM 87106
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3435 Smith Ave SE
2 Bedroom Apartments

3435 Smith Ave SE

3435 Smith Ave SEAlbuquerque, NM 87106
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413 Dunes Ct SE
Studio Apartments

413 Dunes Ct SE

413 Dunes Ct SEAlbuquerque, NM 87123
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408 Rainbow Ct SE
2 Bedroom Apartments

408 Rainbow Ct SE

408 Rainbow Ct SEAlbuquerque, NM 87123
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415 Dorado Ct
1 Bedroom Apartments

415 Dorado Ct

415 Dorado CtAlbuquerque, NM 87123
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405 Dunes Ct SE
Studio Apartments

405 Dunes Ct SE

405 Dunes Ct SEAlbuquerque, NM 87123
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400 Rainbow Ct SE
1 Bedroom Apartments

400 Rainbow Ct SE

400 Rainbow Ct SEAlbuquerque, NM 87123
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405 Dorado Ct SE
1 Bedroom Apartments

405 Dorado Ct SE

405 Dorado Ct SEAlbuquerque, NM 87123
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409 Dorado Pl SE
1 Bedroom Apartments

409 Dorado Pl SE

409 Dorado Pl SEAlbuquerque, NM 87123

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Showing Results 1-50, Page 1 of 6

Frequently Asked Questions about the 87116 ZIP Code

What is the current pricing and availability for apartments for rent in the 87116 ZIP Code?

As of today, August 27, 2026, there are currently 257 available 87116 apartments priced from $435 to $3,073, with an average monthly rent of $1,109.

How much are Studio apartments in 87116?

There are currently 126 Studio Apartments in 87116 with rent ranges from $435 to $999 with an average price of $796.

What is the current price range for One Bedroom 87116 Apartments for rent?

Today's rental pricing for One Bedroom Apartments in 87116 ranges from $489 to $2,484 with an average monthly rent of $1,064.

What does renting a Two Bedroom Apartment in 87116 cost?

The monthly rent prices of Two Bedroom Apartments currently available in 87116 range from $599 to $3,073. Today's average rental price for Two Bedrooms here is $1,191.

How expensive are 87116 Three Bedroom Apartments?

There are currently 17 Three Bedroom Apartments listings available in 87116 on ApartmentHomeLiving.com. The pricing ranges from $699 to $2,626 - averaging $1,520 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

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.

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

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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

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

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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.

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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.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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

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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.