Cheap Apartments for Rent in 87116
8 rentals
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Apartments For Rent Near 87116
We found 30 more apartments matching your filters just outside 87116
Use arrow keys to navigateSPECIAL OFFERPET FRIENDLY$645 - $1,395/mo
Studio-3 Beds
1 BathThe Loop at 950 | 950 Louisiana Blvd SE #930-143,
Albuquerque, NM 87108
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Use arrow keys to navigateNEW - 7 HRS AGOPET FRIENDLYTotal price$724 - $1,200/moStudio-2 Beds1 BathCinnamon Tree Apartments | 7220 Central Ave SE #1252,
Albuquerque, NM 87108
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SPECIAL OFFERPET FRIENDLYTotal price$734 - $1,583/mo1-3 Beds1-2 BathsTesota Four Hills | 301 Western Skies Dr SE #511,
Albuquerque, NM 87123
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PET FRIENDLYFURNISHED
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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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NEW - 2 DAYS AGOPET FRIENDLY
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NEW - 19 HRS AGO
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Average Rent Trends in 87116
Rent in 87116 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent decreased in Jun 2026 compared to the previous month. Rent previously peaked in May 2025.
| Month | Average rent |
|---|---|
| Jul 2025 | $1,750 |
| Aug 2025 | $1,750 |
| Sep 2025 | $1,750 |
| Oct 2025 | $1,750 |
| Nov 2025 | $1,750 |
| Dec 2025 | $1,750 |
| Jan 2026 | $1,750 |
| Feb 2026 | $1,650 |
| Mar 2026 | $1,600 |
| Apr 2026 | $1,611 |
| May 2026 | $1,750 |
| Jun 2026 | $1,700 |
Average Rent By Bedroom and Home Type
In July 2026, Houses were the most affordable home type to rent compared with Townhomes.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | — | $1,999 | $1,700 | $1,670 | $1,700 |
| Townhomes | — | — | — | $1,750 | $1,750 |
| Houses | — | $1,999 | $1,700 | $1,670 | $1,700 |
Frequently Asked Questions about Rentals in 87116
- When is the average rent cheapest in 87116?In the last year, the average rent in 87116 was lowest in Jan 2025 when it was $1,700 per month.
- When is the average rent most expensive in 87116?In the last year, the average rent in 87116 was highest in May 2025 when it was $1,750 per month.
- How many available rental listings are in 87116?There are 8 available rental listings in 87116.
- What are some cities near 87116?Some nearby cities include: Albuquerque, Carnuel, Los Ranchos de Albuquerque, Bosque Farms, Cedar Crest, Isleta. These cities may have more rental options to explore.
View this page in Spanish: Apartamentos baratos en renta en los alrededores de 87116 - 214 Rentas | Trulia