Cheap Apartments for Rent in 87121

29 rentals

Apartments For Rent Near 87121

We found 30 more apartments matching your filters just outside 87121

Average Rent Trends in 87121

Rent in 87121 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 Jul 2025.
MonthAverage rent
Jun 2025$1,900
Jul 2025$2,000
Aug 2025$1,950
Sep 2025$1,975
Oct 2025$1,975
Nov 2025$1,980
Dec 2025$1,986
Jan 2026$1,930
Feb 2026$1,950
Mar 2026$1,895
Apr 2026$2,000
May 2026$2,150
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$980$1,141$2,075$2,350$1,932
Townhomes——$1,650—$1,650
Apartments and Condos$1,400—$2,200—$1,400
Houses——$2,100$2,175$2,150

Frequently Asked Questions about Rentals in 87121

  • What is the average rent of an apartment in 87121?
    The average rent of an apartment in 87121 is $1,181 per month. This is about 39% lower than the national average.
  • What is the average rent of a house in 87121?
    The average rent of a house in 87121 is $2,150 per month. This is about 11% higher than the national average.
  • What is the average rent of a townhome in 87121?
    The average rent of a townhome in 87121 is $1,650 per month. This is about 14% lower than the national average.
  • When is the average rent cheapest in 87121?
    In the last year, the average rent in 87121 was lowest in Jan 2025 when it was $1,800 per month.
  • When is the average rent most expensive in 87121?
    In the last year, the average rent in 87121 was highest in Jul 2025 when it was $2,000 per month.
  • How does the rent of a 1 bedroom apartment compare to a studio apartment in 87121?
    The average rent of a 1 bedroom apartment in 87121 is $980 per month. That is about $60 more than the cost of a studio apartment.
  • How many available rental listings are in 87121?
    There are 29 available rental listings in 87121.
  • What are some cities near 87121?
    Some nearby cities include: Los Ranchos de Albuquerque, Albuquerque, Isleta, Corrales, Rio Rancho, Bosque Farms. These cities may have more rental options to explore.