Apartments in 87111

33 rentals

Apartments For Rent Near 87111

We found 30 more apartments matching your filters just outside 87111

Average Rent Trends in 87111

Rent in 87111 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent for a apartment decreased in Aug 2026 compared to the previous month. Rent for apartments peaked in Aug 2025.
MonthAverage rent
Sep 2025$1,401
Oct 2025$1,364
Nov 2025$1,233
Dec 2025$1,423
Jan 2026$1,240
Feb 2026$1,404
Mar 2026$1,492
Apr 2026$1,170
May 2026$1,375
Jun 2026$1,272
Jul 2026$1,282
Aug 2026$1,161
View as a graph

Average Rent By Bedroom and Home Type

In August 2026, Apartments and Condos were the most affordable home type to rent compared with Townhomes and Houses.
1 bed2 beds3 beds4 bedsAll
All home types$1,305$1,605$2,500$2,800$2,150
Townhomes—$1,975$2,344—$2,000
Apartments and Condos—$1,495$1,964$819$1,495
Houses$900$2,199$2,614$2,800$2,695

Frequently Asked Questions about Apartments and Condos for rent in 87111

  • What is the average rent of an apartment in 87111?
    The average rent of an apartment in 87111 is $1,187 per month. This is about 40% lower than the national average.
  • When is the average rent for an apartment cheapest in 87111?
    In the last year, the average rent in 87111 was lowest in May 2025 when it was $1,133 per month.
  • When is the average rent for an apartment most expensive in 87111?
    In the last year, the average rent in 87111 was highest in Aug 2025 when it was $1,582 per month.
  • How does the rent of a 1 bedroom apartment compare to a studio apartment in 87111?
    The average rent of a 1 bedroom apartment in 87111 is $1,111 per month. That is about $118 more than the cost of a studio apartment.
  • How many apartments or condos are available to rent in 87111?
    There are 32 available apartments or condos to rent in 87111.
  • What are some cities near 87111?
    Some nearby cities include: Cedar Crest, Carnuel, Albuquerque, Los Ranchos de Albuquerque, Corrales, Placitas. These cities may have more rental options to explore.