Cheap Apartments for Rent in 87104

39 rentals

Apartments For Rent Near 87104

We found 30 more apartments matching your filters just outside 87104

Average Rent Trends in 87104

Rent in 87104 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 May 2025.
MonthAverage rent
Oct 2025$2,055
Nov 2025$2,198
Dec 2025$2,100
Jan 2026$2,150
Feb 2026$2,000
Mar 2026$2,100
Apr 2026$1,920
May 2026$1,995
Jun 2026$1,800
Jul 2026$1,825
Aug 2026$1,750
Sep 2026$2,000
View as a graph

Average Rent By Bedroom and Home Type

In September 2026, Apartments and Condos were the most affordable home type to rent compared with Houses and Townhomes.
1 bed2 beds3 beds4 bedsAll
All home types$1,550$2,195$2,458$2,232$1,850
Townhomes$1,700$2,475$2,458—$2,458
Apartments and Condos$1,550$1,725—$2,232$1,600
Houses$1,050$2,200$2,800$2,317$2,317

Frequently Asked Questions about Rentals in 87104

  • What is the average rent of an apartment in 87104?
    The average rent of an apartment in 87104 is $1,359 per month. This is about 30% lower than the national average.
  • What are the cheapest months to find an apartment to rent in 87104?
    Last year, the cheapest month to find an apartment to rent was Jan 2025 when it was $1,900 per month.
  • How many cheap apartments are available in 87104?
    There are 19 apartments to rent that are cheaper than the city’s average rent of $1,850.
  • When is the average rent most expensive in 87104?
    In the last year, the average rent in 87104 was highest in May 2025 when it was $2,275 per month.
  • How does the rent of a 1 bedroom apartment compare to a studio apartment in 87104?
    The average rent of a 1 bedroom apartment in 87104 is $1,550 per month. That is about $725 more than the cost of a studio apartment.
  • What are some cities near 87104?
    Some nearby cities include: Albuquerque, Los Ranchos de Albuquerque, Corrales, Carnuel, Isleta, Bosque Farms. These cities may have more rental options to explore.