The Music Albums item might have been available (or not) since the launch of ARC Raiders, but its demand has gone up since the beginning of Cold Snap.
The main reason for this change in demand is the Flickering Flames project. Music Albums are among the items required to complete a step of the project. This guide will make it easier for you to find it, but keep in mind that its precise location will always be completely random.
Best locations to find Music Albums in ARC Raiders
You’ll require at least two Music Albums if you want to complete the final step of the Flickering Flames project. Doing so will help you earn an additional 1000 Creds. However, finding this item is easier said than done.
Ideally, you’ll want to be looking into areas marked as Residential on any map. Another spot could be the Commercial zones that are also present on almost all maps. Thankfully, it didn’t take me too long to find Music Albums.

I found one of them in the Ruby Residence on Dam Battlegrounds. The Ruby Residence is a fantastic spot to find unique rewards and items. I found the Music Albums in one of the many containers usually present at this location.
I found the second one in the Departure building of Spaceport. This place, incidentally, is a Commercial area. You can also look in the Arrival Building to try your luck. You’ll be wanting to search the lockers and containers carefully. Both the Arrival and Departure buildings tend to have a lot of ARCs, so be careful on your pursuit.

If you’re on the Blue Gate map, your best spot should be the Village. While I didn’t manage to find any Music Album at this location, it did provide me with an Empty Wine Bottle. This spot is pretty easy to loot, but you can run into other raiders occasionally.
If you want to raise the chances in your favor, you can try out a map that has the Cold Snap modifier active. This modifier typically doubles your base luck, making it easier to find items of Rare or higher rarities.