Cheap Apartments for Rent in 87048

14 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 increased in Sep 2026 compared to the previous month. Rent previously peaked in Oct 2025.
MonthAverage rent
Oct 2025$2,700
Nov 2025$2,000
Dec 2025$2,100
Jan 2026$2,100
Feb 2026$1,720
Mar 2026$1,850
Apr 2026$1,900
May 2026$3,000
Jun 2026$2,000
Jul 2026$2,150
Aug 2026$1,850
Sep 2026$2,197
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 Rentals 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.
  • What are the cheapest months to find an apartment to rent in 87048?
    Last year, the cheapest month to find an apartment to rent was Sep 2025 when it was $1,900 per month.
  • How many cheap apartments are available in 87048?
    There are 6 apartments to rent that are cheaper than the city’s average rent of $2,400.
  • When is the average rent most expensive in 87048?
    In the last year, the average rent in 87048 was highest in Oct 2025 when it was $2,700 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 $1,400 per month. That is about $789 less than the cost of a studio apartment.
  • 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 baratos en renta en los alrededores de 87048 - 134 Rentas | Trulia