Cheap Apartments for Rent in 87104
38 rentals
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- SPECIAL OFFERPET FRIENDLYTotal price$1,003 - $1,705/mo1-3 Beds1-2 BathsValley Apartments | 1812 Indian School Rd NW #22,
Albuquerque, NM 87104 - PET FRIENDLY
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- $1,575 - $2,175/mo1-2 Beds1-2 BathsVillas @ Rio | 2211 Rio Grande Blvd NW #202,
Albuquerque, NM 87104 Save Search in 87104
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Apartments For Rent Near 87104
We found 30 more apartments matching your filters just outside 87104
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- $819 - $945/moStudio-1 Bed1 BathSleek, Contemporary Efficiency - Live El Campo on Route 66! | 5800 Central Ave SW #11,
Albuquerque, NM 87105 - $850 - $1,301/moStudio-2 Beds1-2 BathsVilla De San Felipe | 601 Coal Ave #68d859cdc,
Albuquerque, NM 87102 - $875 - $1,350/moStudio-1 Bed1 BathRenovated Apartments in the Historic Broadway Market Building | 421 Broadway Blvd SE #8,
Albuquerque, NM 87102
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 Jun 2026 compared to the previous month. Rent previously peaked in May 2025.
| Month | Average rent |
|---|---|
| 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 |
| May 2026 | $1,995 |
| Jun 2026 | $1,800 |
Average Rent By Bedroom and Home Type
In June 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 | $1,695 | $2,200 | $2,440 | — | $1,900 |
| Townhomes | $1,800 | $2,850 | — | — | $2,500 |
| Apartments and Condos | $1,700 | $1,450 | — | — | $1,500 |
| Houses | $1,600 | $2,250 | $2,440 | — | $2,250 |
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 $1,363 per month. This is about 30% lower than the national average.
- What is the average rent of a house in 87104?The average rent of a house in 87104 is $2,250 per month. This is about 15% higher than the national average.
- What is the average rent of a townhome in 87104?The average rent of a townhome in 87104 is $2,500 per month. This is about 28% higher than the national average.
- When is the average rent cheapest in 87104?In the last year, the average rent in 87104 was lowest in Jan 2025 when it was $1,900 per month.
- 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 $1,695 per month. That is about $595 more than the cost of a studio apartment.
- How many available rental listings are in 87104?There are 40 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.