Cheap Apartments for Rent in 87004

4 rentals

Apartments For Rent Near 87004

We found 30 more apartments matching your filters just outside 87004

Average Rent Trends in 87004

Rent in 87004 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent increased in May 2026 compared to the previous month. Rent previously peaked in Apr 2025.
MonthAverage rent
Jun 2025$1,875
Jul 2025$2,143
Aug 2025$1,708
Sep 2025$1,778
Oct 2025$1,850
Nov 2025$1,760
Dec 2025$1,650
Jan 2026$2,250
Feb 2026$1,635
Mar 2026$2,100
Apr 2026$1,638
May 2026$1,704
View as a graph

Average Rent By Bedroom and Home Type

In May 2026, Apartments and Condos were the most affordable home type to rent compared with Houses.
1 bed2 beds3 beds4 bedsAll
All home types—$1,581$1,815—$1,707
Apartments and Condos—$1,300——$1,300
Houses——$6,500—$6,500

Frequently Asked Questions about Rentals in 87004

  • What is the average rent of an apartment in 87004?
    The average rent of an apartment in 87004 is $1,708 per month. This is about 11% lower than the national average.
  • What is the average rent of a house in 87004?
    The average rent of a house in 87004 is $6,500 per month. This is about 237% higher than the national average.
  • When is the average rent cheapest in 87004?
    In the last year, the average rent in 87004 was lowest in Jan 2025 when it was $1,400 per month.
  • When is the average rent most expensive in 87004?
    In the last year, the average rent in 87004 was highest in Apr 2025 when it was $2,600 per month.
  • How many available rental listings are in 87004?
    There are 2 available rental listings in 87004.
  • What are some cities near 87004?
    Some nearby cities include: Bernalillo, Corrales, Placitas, Rio Rancho, Los Ranchos de Albuquerque, Algodones. These cities may have more rental options to explore.