Apartments in 87123
46 rentals
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Use arrow keys to navigateNEW - 1 DAY AGOSPECIAL OFFERPET FRIENDLYTotal price$1,018 - $1,552/mo
1-3 Beds
1-2 BathsArrowhead Pointe | 12021 Skyline Rd NE,
Albuquerque, NM 87123
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Use arrow keys to navigateSPECIAL OFFERPET FRIENDLYTotal price$1,605 - $1,909/mo1-2 Beds1-2 BathsLumen | 701 Stephen Moody St SE,
Albuquerque, NM 87123
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NEW - 8 HRS AGOSPECIAL OFFERPET FRIENDLYTotal price$1,107 - $1,527/mo1-3 Beds1-2 BathsTesota Midtown | 200 Figueroa St NE,
Albuquerque, NM 87123
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NEW - 1 DAY AGOSPECIAL OFFERPET FRIENDLYTotal price$804 - $1,333/mo1-3 Beds1-2 BathsTesota Four Hills | 301 Western Skies Dr SE,
Albuquerque, NM 87123
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Average Rent Trends in 87123
Rent in 87123 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent for a apartment stayed about the same in Sep 2026 compared to the previous month. Rent for apartments peaked in Jan 2025.
| Month | Average rent |
|---|---|
| Oct 2025 | $1,024 |
| Nov 2025 | $988 |
| Dec 2025 | $927 |
| Jan 2026 | $975 |
| Feb 2026 | $992 |
| Mar 2026 | $1,093 |
| Apr 2026 | $997 |
| May 2026 | $975 |
| Jun 2026 | $1,037 |
| Jul 2026 | $991 |
| Aug 2026 | $994 |
| Sep 2026 | $995 |
Average Rent By Bedroom and Home Type
In October 2026, Apartments and Condos were the most affordable home type to rent compared with Houses and Townhomes.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $900 | $1,146 | $2,075 | $2,350 | $1,600 |
| Townhomes | — | $2,200 | $2,250 | — | $2,200 |
| Apartments and Condos | $795 | $975 | $1,422 | — | $975 |
| Houses | — | $2,095 | $2,156 | $2,350 | $2,195 |
Frequently Asked Questions about Apartments and Condos for rent in 87123
- What is the average rent of an apartment in 87123?The average rent of an apartment in 87123 is $966 per month. This is about 50% lower than the national average.
- When is the average rent for an apartment cheapest in 87123?In the last year, the average rent in 87123 was lowest in Dec 2025 when it was $927 per month.
- When is the average rent for an apartment most expensive in 87123?In the last year, the average rent in 87123 was highest in Jan 2025 when it was $1,097 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in 87123?The average rent of a 1 bedroom apartment in 87123 is $861 per month. That is about $5 less than the cost of a studio apartment.
- How many apartments or condos are available to rent in 87123?There are 48 available apartments or condos to rent in 87123.
- What are some cities near 87123?Some nearby cities include: Carnuel, Cedar Crest, Tijeras, Albuquerque, Bosque Farms, Los Ranchos de Albuquerque. These cities may have more rental options to explore.
View this page in Spanish: Apartamentos en 87123 - 178 Apartamentos | Trulia