Cheap Apartments for Rent in 87107
70 rentals
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Use arrow keys to navigateSPECIAL OFFERPET FRIENDLYTotal price$739 - $1,745/mo
Studio-3 Beds
1-2 BathsDesert Creek Apartments | 4300 Pan American Fwy NE #301,
Albuquerque, NM 87107
Use arrow keys to navigateNEW - 16 HRS AGOSPECIAL OFFERPET FRIENDLYTotal price$765 - $1,218/moStudio-2 Beds1 BathComanche Wells | 3400 Comanche Rd NE #E344,
Albuquerque, NM 87107
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Total price$1,020 - $1,520/moStudio-2 Beds1-2 BathsCloverleaf Apartments | 4300 Bryn Mawr Dr NE #11,
Albuquerque, NM 87107
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SPECIAL OFFERPET FRIENDLY$1,130 - $1,525/moStudio-2 Beds1-2 BathsPeaks at Los Ranchos | 6134 4th St NW #82,
Albuquerque, NM 87107
SPECIAL OFFERPET FRIENDLYINCOME RESTRICTED$1,134 - $1,420/mo1-2 Beds1-2 BathsLifestyles at Renaissance | 4920 Union Way NE #8-203,
Albuquerque, NM 87107
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Average Rent Trends in 87107
Rent in 87107 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent stayed about the same in May 2026 compared to the previous month. Rent previously peaked in Jul 2025.
| Month | Average rent |
|---|---|
| Jun 2025 | $1,372 |
| Jul 2025 | $1,466 |
| Aug 2025 | $1,444 |
| Sep 2025 | $1,315 |
| Oct 2025 | $1,350 |
| Nov 2025 | $1,450 |
| Dec 2025 | $1,440 |
| Jan 2026 | $1,395 |
| Feb 2026 | $1,495 |
| Mar 2026 | $1,500 |
| Apr 2026 | $1,350 |
| May 2026 | $1,363 |
Average Rent By Bedroom and Home Type
In May 2026, Apartments and Condos were the most affordable home type to rent compared with Townhomes and Houses.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $1,211 | $1,250 | $1,850 | $2,100 | $1,363 |
| Townhomes | $1,545 | $1,100 | $1,600 | $1,725 | $1,600 |
| Apartments and Condos | $1,161 | $1,250 | $1,550 | — | $1,250 |
| Houses | $1,278 | $1,695 | $2,300 | $2,550 | $1,850 |
Frequently Asked Questions about Rentals in 87107
- What is the average rent of an apartment in 87107?The average rent of an apartment in 87107 is $1,189 per month. This is about 38% lower than the national average.
- What is the average rent of a house in 87107?The average rent of a house in 87107 is $1,850 per month. This is about 4% lower than the national average.
- What is the average rent of a townhome in 87107?The average rent of a townhome in 87107 is $1,600 per month. This is about 17% lower than the national average.
- When is the average rent cheapest in 87107?In the last year, the average rent in 87107 was lowest in Jan 2025 when it was $1,300 per month.
- When is the average rent most expensive in 87107?In the last year, the average rent in 87107 was highest in Jul 2025 when it was $1,466 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in 87107?The average rent of a 1 bedroom apartment in 87107 is $1,211 per month. That is about $317 more than the cost of a studio apartment.
- How many available rental listings are in 87107?There are 76 available rental listings in 87107.
- What are some cities near 87107?Some nearby cities include: Los Ranchos de Albuquerque, Albuquerque, Corrales, Carnuel, Bernalillo, Cedar Crest. These cities may have more rental options to explore.