Cheap Apartments for Rent in 87108
176 rentals
- SPECIAL OFFERPET FRIENDLY$645 - $1,395/moStudio-3 Beds1 BathThe Loop at 950 | 950 Louisiana Blvd SE #930-143,
Albuquerque, NM 87108 - APPLY INSTANTLY
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- $699 - $823/mo1 Bed1 BathCasa Del Rey Oeste Apartments | 125 Cardenas Dr NE #5,
Albuquerque, NM 87108 - Total price$724 - $1,200/moStudio-2 Beds1 BathCinnamon Tree Apartments | 7220 Central Ave SE #1252,
Albuquerque, NM 87108 - $775 - $1,075/moStudio-2 Beds1 BathMadeira Flats- Utilities Included! | 1130 Madeira Dr SE #MS-104,
Albuquerque, NM 87108 Save Search in 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 stayed about the same in Jul 2026 compared to the previous month. Rent previously peaked in Jul 2025.
| Month | Average rent |
|---|---|
| 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 |
| Jun 2026 | $975 |
| Jul 2026 | $980 |
Average Rent By Bedroom and Home Type
In July 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 | $900 | $1,100 | $1,975 | $800 | $995 |
| Townhomes | $995 | $1,149 | $2,300 | — | $1,149 |
| Apartments and Condos | $925 | $1,000 | $2,900 | — | $985 |
| Houses | $1,183 | $1,700 | $2,161 | $800 | $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 $1,016 per month. This is about 48% 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 $900 per month. That is about $55 more than the cost of a studio apartment.
- How many available rental listings are in 87108?There are 185 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.
View this page in Spanish: Apartamentos baratos en renta en 87108 - 301 Rentas | Trulia