Cheap Apartments for Rent in 87121

38 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 Oct 2026 compared to the previous month. Rent previously peaked in Jul 2025.
MonthAverage rent
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
Sep 2026$1,897
Oct 2026$1,900
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Average Rent By Bedroom and Home Type

In October 2026, Houses were the most affordable home type to rent compared with Apartments and Condos.
1 bed2 beds3 beds4 bedsAll
All home types$988$1,302$1,875$2,171$2,000
Apartments and Condos——$4,068—$4,068
Houses—$1,945$2,100$2,300$2,170

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 $2,084 per month. This is about 8% higher than the national average.
  • What are the cheapest months to find an apartment to rent in 87121?
    Last year, the cheapest month to find an apartment to rent was Jan 2025 when it was $1,800 per month.
  • How many cheap apartments are available in 87121?
    There are 16 apartments to rent that are cheaper than the city’s average rent of $2,000.
  • 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 $988 per month. That is about $53 more than the cost of a studio apartment.
  • 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 - 1,008 Rentas | Trulia