Cheap Apartments for Rent in 87106
186 rentals
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PET FRIENDLYFURNISHED$800 - $1,075/mo
Studio
1 BathRemodeled, Top End UNM Area Studio Apts. in Great Community | 222 Maple St NE,
Albuquerque, NM 87106
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FURNISHED$900 - $1,050/moStudio-1 Bed1 BathAmber Sky Apartments | 2306 Garfield Ave SE,
Albuquerque, NM 87106
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Average Rent Trends in 87106
Rent in 87106 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 Jul 2025.
| Month | Average rent |
|---|---|
| Oct 2025 | $1,200 |
| Nov 2025 | $1,295 |
| Dec 2025 | $1,243 |
| Jan 2026 | $1,283 |
| Feb 2026 | $1,300 |
| Mar 2026 | $1,300 |
| Apr 2026 | $1,344 |
| May 2026 | $1,250 |
| Jun 2026 | $1,199 |
| Jul 2026 | $1,200 |
| Aug 2026 | $1,200 |
| Sep 2026 | $1,225 |
Average Rent By Bedroom and Home Type
In September 2026, Townhomes were the most affordable home type to rent compared with Apartments and Condos and Houses.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $1,100 | $1,400 | $2,100 | $2,995 | $1,250 |
| Townhomes | $933 | $1,095 | $2,100 | — | $933 |
| Apartments and Condos | $1,100 | $1,400 | $1,800 | $1,985 | $1,300 |
| Houses | $2,200 | $2,000 | $2,100 | $3,500 | $2,100 |
Frequently Asked Questions about Rentals in 87106
- What is the average rent of an apartment in 87106?The average rent of an apartment in 87106 is $1,107 per month. This is about 43% lower than the national average.
- What are the cheapest months to find an apartment to rent in 87106?Last year, the cheapest month to find an apartment to rent was Jan 2025 when it was $1,151 per month.
- How many cheap apartments are available in 87106?There are 90 apartments to rent that are cheaper than the city’s average rent of $1,250.
- When is the average rent most expensive in 87106?In the last year, the average rent in 87106 was highest in Jul 2025 when it was $1,300 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in 87106?The average rent of a 1 bedroom apartment in 87106 is $1,100 per month. That is about $300 more than the cost of a studio apartment.
- What are some cities near 87106?Some nearby cities include: Albuquerque, Los Ranchos de Albuquerque, Carnuel, Bosque Farms, Isleta, Corrales. These cities may have more rental options to explore.
View this page in Spanish: Apartamentos baratos en renta en 87106 - 238 Rentas | Trulia