Cheap Apartments for Rent in 87109
56 rentals
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- PET FRIENDLYINCOME RESTRICTED$786 - $1,523/moStudio-3 Beds1-2 BathsVia Apartments | 4321 Montgomery Blvd NE,
Albuquerque, NM 87109 - SPECIAL OFFERPET FRIENDLY
- NEW - 4 HRS AGOPET FRIENDLY
- PET FRIENDLYINCOME RESTRICTED
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- $999 - $1,889/moStudio-3 Beds1-2 BathsVillas de la Terraza | 6401 Academy Rd NE,
Albuquerque, NM 87109 - $1,006 - $2,058/mo1-3 Beds1-3 BathsMont 44 Apartments | 4401 Montgomery Blvd NE,
Albuquerque, NM 87109 - $1,030 - $1,755/mo1-3 Beds1-2 BathsNorte Villas Apartments | 6001 Topke Pl NE,
Albuquerque, NM 87109 - $1,100 - $1,675/mo1-2 Beds1-2 BathsAcademy Heights Apartments | 5555 Wyoming Blvd NE,
Albuquerque, NM 87109 - Total price$1,213 - $1,765/mo1-2 Beds1-2 BathsAYA ABQ | 5324 San Mateo Blvd NE,
Albuquerque, NM 87109 - Total price$1,258 - $2,068/mo1-3 Beds1-2 BathsCalero | 8000 Montgomery Blvd NE,
Albuquerque, NM 87109 - $1,280 - $1,740/mo1-2 Beds1 BathVista Del Sol Apartments | 7100 Louisiana Blvd NE,
Albuquerque, NM 87109 - Total price$1,282 - $1,902/mo1-3 Beds1-2 BathsCasa Tierra | 4949 San Pedro Dr NE,
Albuquerque, NM 87109 - Total price$1,508 - $2,283/moStudio-2 Beds1-2 BathsThe Senary by Allaso | 7501 Jefferson St NE,
Albuquerque, NM 87109 - $1,520 - $2,214/mo1-3 Beds1-2 BathsOlympus Encantada | 6401 Santa Monica Ave NE,
Albuquerque, NM 87109 - Total price$1,549 - $2,128/moStudio-2 Beds1-2 BathsAllaso Journal Center | 7800 Headline Blvd NE,
Albuquerque, NM 87109 - Total price$1,696 - $2,406/mo1-2 Beds1-2 BathsSun Plaza | 4400 Montgomery Blvd NE,
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Average Rent Trends in 87109
Rent in 87109 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent decreased in Sep 2026 compared to the previous month. Rent previously peaked in Jun 2025.
| Month | Average rent |
|---|---|
| Oct 2025 | $1,600 |
| Nov 2025 | $1,808 |
| Dec 2025 | $1,718 |
| Jan 2026 | $1,708 |
| Feb 2026 | $1,707 |
| Mar 2026 | $1,646 |
| Apr 2026 | $1,880 |
| May 2026 | $1,419 |
| Jun 2026 | $1,445 |
| Jul 2026 | $1,402 |
| Aug 2026 | $1,650 |
| Sep 2026 | $1,601 |
Average Rent By Bedroom and Home Type
In October 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 | $1,195 | $1,486 | $1,900 | $2,500 | $1,457 |
| Townhomes | — | — | $2,295 | — | $2,295 |
| Apartments and Condos | $1,195 | $1,850 | $1,450 | — | $1,450 |
| Houses | — | $2,200 | $2,200 | $2,500 | $2,500 |
Frequently Asked Questions about Rentals in 87109
- What is the average rent of an apartment in 87109?The average rent of an apartment in 87109 is $1,386 per month. This is about 29% lower than the national average.
- What are the cheapest months to find an apartment to rent in 87109?Last year, the cheapest month to find an apartment to rent was Jul 2025 when it was $1,466 per month.
- How many cheap apartments are available in 87109?There are 26 apartments to rent that are cheaper than the city’s average rent of $1,457.
- When is the average rent most expensive in 87109?In the last year, the average rent in 87109 was highest in Jun 2025 when it was $1,850 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in 87109?The average rent of a 1 bedroom apartment in 87109 is $1,195 per month. That is about $221 more than the cost of a studio apartment.
- What are some cities near 87109?Some nearby cities include: Los Ranchos de Albuquerque, Albuquerque, Corrales, Carnuel, Cedar Crest, Bernalillo. These cities may have more rental options to explore.
View this page in Spanish: Apartamentos baratos en renta en 87109 - 446 Rentas | Trulia