Cheap Apartments for Rent in 87120
69 rentals
Use arrow keys to navigatePET FRIENDLYINCOME RESTRICTED
Use arrow keys to navigatePET FRIENDLY$1,054 - $1,344/mo
1-2 Beds
1-2 BathsMesa Ridge Apartments | 3501 Atrisco Dr NW,
Albuquerque, NM 87120
Use arrow keys to navigateSPECIAL OFFERPET FRIENDLYTotal price$1,145 - $1,324/mo1-2 Beds1-2 BathsAydan | 6000 Montano Plaza Dr NW,
Albuquerque, NM 87120
Use arrow keys to navigatePET FRIENDLY$1,200 - $1,700/moStudio-2 Beds1-2 BathsNouri Apartments | 5130 Sequoia Rd NW,
Albuquerque, NM 87120
Use arrow keys to navigateSPECIAL OFFERPET FRIENDLY
Use arrow keys to navigateSPECIAL OFFERPET FRIENDLYTotal price$1,237 - $1,649/mo1-2 Beds1-2 BathsStride West | 6101 Sequoia Rd NW,
Albuquerque, NM 87120
Use arrow keys to navigateSPECIAL OFFERPET FRIENDLY
SPECIAL OFFERPET FRIENDLY$1,254 - $1,566/mo1-2 Beds1-2 BathsLadera Vista Apartments | 3608 Ladera Dr NW,
Albuquerque, NM 87120
PET FRIENDLYINCOME RESTRICTED
NEW - 1 HR AGOSPECIAL OFFERPET FRIENDLY$1,389 - $1,995/moStudio-2 Beds1-2 BathsLas Mananitas Apartments | 6200 Montano Plaza Dr NW,
Albuquerque, NM 87120
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SPECIAL OFFERSENIOR HOUSINGPET FRIENDLYTotal price$1,873 - $3,547/mo1-2 Beds1-2 BathsOverture Andalucia 55+ Active Adult Apartment Homes | 5301 Antequera Rd NW,
Albuquerque, NM 87120- PET FRIENDLY
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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 decreased in Sep 2026 compared to the previous month. Rent previously peaked in Aug 2025.
| Month | Average rent |
|---|---|
| Oct 2025 | $2,095 |
| Nov 2025 | $2,150 |
| Dec 2025 | $2,100 |
| Jan 2026 | $2,095 |
| Feb 2026 | $2,100 |
| Mar 2026 | $2,000 |
| Apr 2026 | $2,150 |
| May 2026 | $2,050 |
| Jun 2026 | $2,100 |
| Jul 2026 | $2,200 |
| Aug 2026 | $2,195 |
| Sep 2026 | $2,095 |
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 | $1,289 | $1,500 | $2,199 | $2,600 | $2,040 |
| Townhomes | — | $1,425 | $1,995 | $1,995 | $1,995 |
| Apartments and Condos | — | $1,695 | — | — | $1,695 |
| Houses | — | $2,000 | $2,256 | $2,695 | $2,300 |
Frequently Asked Questions about Rentals in 87120
- What is the average rent of an apartment in 87120?The average rent of an apartment in 87120 is $1,665 per month. This is about 15% lower than the national average.
- What are the cheapest months to find an apartment to rent in 87120?Last year, the cheapest month to find an apartment to rent was Feb 2025 when it was $2,000 per month.
- How many cheap apartments are available in 87120?There are 34 apartments to rent that are cheaper than the city’s average rent of $2,040.
- When is the average rent most expensive in 87120?In the last year, the average rent in 87120 was highest in Aug 2025 when it was $2,233 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in 87120?The average rent of a 1 bedroom apartment in 87120 is $1,289 per month. That is about $89 more than the cost of a studio apartment.
- 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.
View this page in Spanish: Apartamentos baratos en renta en 87120 - 237 Rentas | Trulia