Cheap Apartments for Rent in 87104
42 rentals
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1-3 Beds
1-2 BathsValley Apartments | 1812 Indian School Rd NW #130,
Albuquerque, NM 87104
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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 decreased in Apr 2026 compared to the previous month. Rent previously peaked in May 2025.
| Month | Average rent |
|---|---|
| May 2025 | $2,275 |
| Jun 2025 | $1,950 |
| Jul 2025 | $2,000 |
| Aug 2025 | $2,250 |
| Sep 2025 | $2,150 |
| 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 | $1,925 |
Average Rent By Bedroom and Home Type
In May 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 | $1,300 | $2,219 | $2,150 | — | $1,995 |
| Townhomes | $1,800 | $3,800 | $2,100 | — | $3,500 |
| Apartments and Condos | $1,300 | $1,850 | $1,800 | — | $1,608 |
| Houses | $1,995 | $2,700 | $2,250 | — | $2,200 |
Frequently Asked Questions about Rentals in 87104
- What is the average rent in 87104?The average rent in 87104 is $1,924. Rent prices range from $760 to as much as $5,200, depending on the type of rental.
- How does the rent in 87104 compare to the national average?Average rent in 87104 is about 1% higher than the national average rent of $1,910. That means it is about the same price to rent in 87104 as the U.S. average.
- What is the average rent in 87104, by number of bedrooms?The average rent in 87104 is $808 for a studio, $1,600 for a 1 bedroom, $2,200 for a 2 bedroom, $2,270 for a 3 bedroom, and $ for a 4 bedroom.
- How have rent prices in 87104 changed compared to last year?In the past year, the average rent price in 87104 has decreased by $351. That means the average rent is 18% lower than last year.
- How many available rental listings are in 87104?There are 42 available rental listings in 87104.
- 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.