Apartments in 87120

16 rentals

Apartments For Rent Near 87120

We found 30 more apartments matching your filters just outside 87120

Average Rent Trends in 87120

Rent in 87120 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 Jun 2025.
MonthAverage rent
Jun 2025$1,577
Jul 2025$1,144
Aug 2025$1,524
Sep 2025$1,278
Oct 2025$1,040
Nov 2025$1,296
Dec 2025$1,302
Jan 2026$1,077
Feb 2026$1,136
Mar 2026$1,119
Apr 2026$1,314
May 2026$1,333
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$1,262$1,514$2,185$2,600$2,095
Townhomes—$1,425$1,902—$1,800
Apartments and Condos—$1,300——$1,300
Houses—$1,950$2,195$2,600$2,300

Frequently Asked Questions about Apartments and Condos for rent in 87120

  • What is the average rent of an apartment in 87120?
    The average rent of an apartment in 87120 is $1,339 per month. This is about 31% lower than the national average.
  • When is the average rent cheapest in 87120?
    In the last year, the average rent in 87120 was lowest in Oct 2025 when it was $1,040 per month.
  • When is the average rent most expensive in 87120?
    In the last year, the average rent in 87120 was highest in Jun 2025 when it was $1,577 per month.
  • How many apartments or condos are available to rent in 87120?
    There are 16 available apartments or condos to rent in 87120.
  • What are some cities near 87120?
    Some nearby cities include: Los Ranchos de Albuquerque, Albuquerque, Corrales, Rio Rancho, Bernalillo, Isleta. These cities may have more rental options to explore.