Cheap Apartments for Rent in 87102
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Studio-1 Bed
1 Bath1120 Lead SW and 500-510 12th | 1120 Lead Ave SW,
Albuquerque, NM 87102
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SPECIAL OFFERPET FRIENDLY$900 - $1,299/mo1-2 Beds1-2 BathsPeaks at Sandia View | 1501 Indian School Rd NE,
Albuquerque, NM 87102
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Average Rent Trends in 87102
Rent in 87102 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent increased in Nov 2026 compared to the previous month. Rent previously peaked in Apr 2025.
| Month | Average rent |
|---|---|
| Dec 2025 | $1,395 |
| Jan 2026 | $1,500 |
| Feb 2026 | $1,429 |
| Mar 2026 | $1,400 |
| Apr 2026 | $1,399 |
| May 2026 | $1,325 |
| Jun 2026 | $1,250 |
| Jul 2026 | $1,300 |
| Aug 2026 | $1,340 |
| Sep 2026 | $1,340 |
| Oct 2026 | $1,400 |
| Nov 2026 | $1,483 |
Average Rent By Bedroom and Home Type
In November 2026, Apartments and Condos were the most affordable home type to rent compared with Houses and Townhomes.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $1,200 | $1,595 | $2,195 | $2,080 | $1,425 |
| Townhomes | $1,050 | $858 | $2,400 | — | $2,200 |
| Apartments and Condos | $1,550 | $1,595 | $1,950 | — | $1,550 |
| Houses | $1,125 | $1,700 | $1,900 | $3,250 | $1,850 |
Frequently Asked Questions about Rentals in 87102
- What is the average rent of an apartment in 87102?The average rent of an apartment in 87102 is $1,235 per month. This is about 36% lower than the national average.
- What are the cheapest months to find an apartment to rent in 87102?Last year, the cheapest month to find an apartment to rent was Nov 2025 when it was $1,333 per month.
- How many cheap apartments are available in 87102?There are 57 apartments to rent that are cheaper than the city’s average rent of $1,425.
- When is the average rent most expensive in 87102?In the last year, the average rent in 87102 was highest in Apr 2025 when it was $1,573 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in 87102?The average rent of a 1 bedroom apartment in 87102 is $1,200 per month. That is about $310 more than the cost of a studio apartment.
- What are some cities near 87102?Some nearby cities include: Albuquerque, Los Ranchos de Albuquerque, Corrales, Carnuel, Isleta, Bosque Farms. These cities may have more rental options to explore.
View this page in Spanish: Apartamentos baratos en renta en 87102 - 207 Rentas | Trulia