Apartments in 87111

40 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 increased in May 2026 compared to the previous month. Rent previously peaked in Aug 2025.
MonthAverage rent
Jun 2025$1,260
Jul 2025$1,340
Aug 2025$1,582
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
View as a graph

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 bed2 beds3 beds4 bedsAll
All home types$1,224$1,605$2,595$3,000$1,900
Townhomes—$1,750$2,300—$1,825
Apartments and Condos$1,095$1,850——$1,750
Houses$900$2,099$2,628$2,700$2,600

Frequently Asked Questions about Apartments and Condos for rent in 87111

  • What is the average rent of an apartment or condo in 87111?
    The average rent of an apartment or condo in 87111 is $1,155. Rent prices range from $850 to as much as $2,740, depending on the type of apartment or condo.
  • How does the rent of an apartment or condo in 87111 compare to the national average?
    Average rent of an apartment or condo in 87111 is about 40% lower than the national average rent of $1,910 for an apartment or condo. That means it is less expensive to rent an apartment or condo in 87111 compared to the U.S. average.
  • What is the average rent of an apartment or condo in 87111, by number of bedrooms?
    The average rent of an apartment or condo in 87111 is $975 for a studio, $1,077 for a 1 bedroom, $1,413 for a 2 bedroom, $2,142 for a 3 bedroom, and $ for a 4 bedroom.
  • How have rent prices of an apartment or condo in 87111 changed compared to last year?
    In the past year, the average rent price of an apartment or condo in 87111 has decreased by $33. That means the average rent of an apartment or condo is 3% lower than last year.
  • How many apartments or condos are available to rent in 87111?
    There are 37 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.