Cheap Apartments for Rent in 87108
189 rentals
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Studio-2 Beds
1 BathCinnamon Tree Apartments | 7220 Central Ave SE #1017,
Albuquerque, NM 87108
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SPECIAL OFFERPET FRIENDLY$775 - $1,075/moStudio-2 Beds1 BathMadeira Flats- Utilities Included! | 1130 Madeira Dr SE #MS-104,
Albuquerque, NM 87108
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SPECIAL OFFER$800 - $850/moStudio-1 Bed1 BathHilltop House Apartments | 5700 Copper Ave NE #A23,
Albuquerque, NM 87108
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Average Rent Trends in 87108
Rent in 87108 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent decreased in May 2026 compared to the previous month. Rent previously peaked in Jul 2025.
| Month | Average rent |
|---|---|
| Jun 2025 | $975 |
| Jul 2025 | $1,010 |
| Aug 2025 | $975 |
| Sep 2025 | $975 |
| Oct 2025 | $988 |
| Nov 2025 | $999 |
| Dec 2025 | $985 |
| Jan 2026 | $995 |
| Feb 2026 | $1,032 |
| Mar 2026 | $1,025 |
| Apr 2026 | $977 |
| May 2026 | $965 |
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 | $850 | $1,100 | $1,865 | $1,711 | $955 |
| Townhomes | $3,150 | $1,775 | $2,600 | — | $1,775 |
| Apartments and Condos | $850 | $1,100 | $2,900 | — | $980 |
| Houses | $879 | $1,495 | $2,200 | $1,711 | $1,800 |
Frequently Asked Questions about Rentals in 87108
- What is the average rent of an apartment in 87108?The average rent of an apartment in 87108 is $919 per month. This is about 52% lower than the national average.
- What is the average rent of a house in 87108?The average rent of a house in 87108 is $2,100 per month. This is about 9% higher than the national average.
- What is the average rent of a townhome in 87108?The average rent of a townhome in 87108 is $1,775 per month. This is about 8% lower than the national average.
- When is the average rent cheapest in 87108?In the last year, the average rent in 87108 was lowest in Jan 2025 when it was $950 per month.
- When is the average rent most expensive in 87108?In the last year, the average rent in 87108 was highest in Jul 2025 when it was $1,010 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in 87108?The average rent of a 1 bedroom apartment in 87108 is $888 per month. That is about $88 more than the cost of a studio apartment.
- How many available rental listings are in 87108?There are 187 available rental listings in 87108.
- What are some cities near 87108?Some nearby cities include: Albuquerque, Carnuel, Los Ranchos de Albuquerque, Cedar Crest, Corrales, Bosque Farms. These cities may have more rental options to explore.