Cheap Apartments for Rent in 87121

40 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 stayed about the same in Aug 2026 compared to the previous month. Rent previously peaked in Jul 2025.
MonthAverage rent
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
Jun 2026$1,895
Jul 2026$1,975
Aug 2026$1,967
View as a graph

Average Rent By Bedroom and Home Type

In August 2026, Townhomes were the most affordable home type to rent compared with Apartments and Condos and Houses.
1 bed2 beds3 beds4 bedsAll
All home types$1,095$1,304$1,900$2,250$1,950
Townhomes——$1,850—$1,850
Apartments and Condos$1,100—$2,300—$2,200
Houses——$1,900$2,300$2,200

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 $1,498 per month. This is about 24% 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 $1,095 per month. That is about $270 more than the cost of a studio apartment.
  • How many available rental listings are in 87121?
    There are 41 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.
View this page in Spanish: Apartamentos baratos en renta en los alrededores de 87121 - 1,051 Rentas | Trulia