Apartments in 87048

4 rentals

Apartments For Rent Near 87048

We found 30 more apartments matching your filters just outside 87048

Average Rent Trends in 87048

Rent in 87048 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent for a apartment increased in Sep 2026 compared to the previous month. Rent for apartments peaked in Jan 2025.
MonthAverage rent
Oct 2025$1,563
Nov 2025$1,136
Dec 2025$1,391
Jan 2026$1,564
Feb 2026$1,524
Mar 2026$1,385
Apr 2026$1,326
May 2026$1,530
Jun 2026$1,406
Jul 2026$1,330
Aug 2026$1,436
Sep 2026$1,698
View as a graph

Average Rent By Bedroom and Home Type

In October 2026, Apartments and Condos were the most affordable home type to rent compared with Houses.
1 bed2 beds3 beds4 bedsAll
All home types$1,400$1,570$2,950$3,050$2,400
Apartments and Condos$1,300—$2,600—$2,089
Houses$1,400$2,075$2,950$3,050$2,950

Frequently Asked Questions about Apartments and Condos for rent in 87048

  • What is the average rent of an apartment in 87048?
    The average rent of an apartment in 87048 is $1,949 per month. This is about 0% higher than the national average.
  • When is the average rent for an apartment cheapest in 87048?
    In the last year, the average rent in 87048 was lowest in Nov 2025 when it was $1,136 per month.
  • When is the average rent for an apartment most expensive in 87048?
    In the last year, the average rent in 87048 was highest in Jan 2025 when it was $1,950 per month.
  • How does the rent of a 1 bedroom apartment compare to a studio apartment in 87048?
    The average rent of a 1 bedroom apartment in 87048 is $1,300 per month. That is about $627 less than the cost of a studio apartment.
  • How many apartments or condos are available to rent in 87048?
    There are 5 available apartments or condos to rent in 87048.
  • What are some cities near 87048?
    Some nearby cities include: Corrales, Los Ranchos de Albuquerque, Bernalillo, Rio Rancho, Albuquerque, Placitas. These cities may have more rental options to explore.
View this page in Spanish: Apartamentos en 87048 - 53 Apartamentos | Trulia