Cheap Apartments for Rent in 87120
64 rentals
Use arrow keys to navigatePET FRIENDLYINCOME RESTRICTED
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Use arrow keys to navigateNEW - 20 HRS AGOPET FRIENDLY$1,029 - $1,334/mo
1-2 Beds
1-2 BathsMesa Ridge Apartments | 3501 Atrisco Dr NW #809,
Albuquerque, NM 87120
Use arrow keys to navigateSPECIAL OFFERPET FRIENDLYTotal price$1,165 - $1,247/mo1-2 Beds1-2 BathsAydan | 6000 Montano Plaza Dr NW #16B,
Albuquerque, NM 87120
Use arrow keys to navigateSPECIAL OFFERPET FRIENDLYTotal price$1,180 - $1,705/mo1-2 Beds1-2 BathsStride West | 6101 Sequoia Rd NW #K24,
Albuquerque, NM 87120
Use arrow keys to navigateNEW - 1 DAY AGOSPECIAL OFFERPET FRIENDLYTotal price$1,218 - $2,005/mo1-3 Beds1-2 BathsThe Aubry | 9180 Coors Blvd NW #3601,
Albuquerque, NM 87120
Use arrow keys to navigateSPECIAL OFFERPET FRIENDLY$1,239 - $1,779/mo1-3 Beds1-2 BathsDel Rio Apartments | 4601 Montano Rd NW #162,
Albuquerque, NM 87120
NEW - 1 DAY AGOPET FRIENDLY$1,299 - $1,449/mo2-3 Beds2 BathsCanon de Arrowhead | 1700 Market St NW #2312,
Albuquerque, NM 87120
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SPECIAL OFFERPET FRIENDLY$1,319 - $1,478/mo1-2 Beds1-2 BathsLadera Vista Apartments | 3608 Ladera Dr NW #B206,
Albuquerque, NM 87120
NEW - 16 HRS AGOAPPLY INSTANTLYPET FRIENDLY
NEW - 9 HRS AGOPET FRIENDLY$1,715 - $2,355/mo1-3 Beds1-2 BathsAndalucia Villas | 5300 Antequera Rd NW #607,
Albuquerque, NM 87120
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NEW - 1 DAY AGOSPECIAL OFFERPET FRIENDLYTotal price$2,011 - $3,995/mo1-2 Beds1-2 BathsOverture Andalucia 55+ Active Adult Apartment Homes | 5301 Antequera Rd NW #331,
Albuquerque, NM 87120
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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 May 2026 compared to the previous month. Rent previously peaked in Aug 2025.
| Month | Average rent |
|---|---|
| Jun 2025 | $2,095 |
| Jul 2025 | $2,150 |
| Aug 2025 | $2,233 |
| Sep 2025 | $2,000 |
| 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 |
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 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| 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 Rentals 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.
- What is the average rent of a house in 87120?The average rent of a house in 87120 is $2,300 per month. This is about 19% higher than the national average.
- What is the average rent of a townhome in 87120?The average rent of a townhome in 87120 is $1,800 per month. This is about 7% 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 Feb 2025 when it was $2,000 per month.
- 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 many available rental listings are in 87120?There are 57 available rental listings 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.