Apartments in 87123
49 rentals
- SPECIAL OFFERPET FRIENDLYTotal price$1,018 - $1,592/mo1-3 Beds1-2 BathsArrowhead Pointe | 12021 Skyline Rd NE #2222,
Albuquerque, NM 87123 - PET FRIENDLY
- SPECIAL OFFERPET FRIENDLYTotal price$775 - $899/moStudio-1 Bed1 BathABQ Encore | 810 Eubank Blvd NE #167,
Albuquerque, NM 87123 - SPECIAL OFFERPET FRIENDLY
- SPECIAL OFFERPET FRIENDLY$699 - $900/moStudio-1 Bed1 BathThe Village at Sandia | 12901 Central Ave NE #791fc9c3b,
Albuquerque, NM 87123 - PET FRIENDLY
- SPECIAL OFFERPET FRIENDLY
- $909 - $1,524/moStudio-2 Beds1-2 BathsLos Altos Towers | 9125 Copper Ave NE #406,
Albuquerque, NM 87123 - Total price$966 - $1,207/mo1-2 Beds1 BathTesota Midtown | 200 Figueroa St NE #106-II,
Albuquerque, NM 87123 - Total price$1,326 - $1,665/mo1-2 Beds1-2 BathsThe June | 13150 Wenonah Ave SE #226,
Albuquerque, NM 87123 - Total price$820 - $1,155/mo1-3 Beds1-2 BathsTesota Four Hills | 301 Western Skies Dr SE #233,
Albuquerque, NM 87123 - Total price$1,337 - $1,760/mo1-2 Beds1-2 BathsLumen | 701 Stephen Moody St SE #715,
Albuquerque, NM 87123 - $775 - $800/mo1 Bed1 Bath143 General Arnold Street NE | 143 General Arnold St NE #D,
Albuquerque, NM 87123 Save Search in 87123
87123ApartmentGet emails when new homes match this search
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 decreased in May 2026 compared to the previous month. Rent previously peaked in Jan 2025.
| Month | Average rent |
|---|---|
| Jun 2025 | $989 |
| Jul 2025 | $1,031 |
| Aug 2025 | $1,028 |
| Sep 2025 | $1,020 |
| Oct 2025 | $1,024 |
| Nov 2025 | $988 |
| Dec 2025 | $927 |
| Jan 2026 | $975 |
| Feb 2026 | $992 |
| Mar 2026 | $1,093 |
| Apr 2026 | $998 |
| May 2026 | $975 |
Average Rent By Bedroom and Home Type
In May 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 | $899 | $1,050 | $1,995 | $2,600 | $1,227 |
| Townhomes | — | $1,544 | $1,850 | $2,700 | $2,600 |
| Apartments and Condos | $850 | $1,050 | $1,600 | — | $999 |
| Houses | $800 | $2,000 | $2,150 | $2,600 | $2,150 |
Frequently Asked Questions about Apartments and Condos for rent in 87123
- What is the average rent of an apartment or condo in 87123?The average rent of an apartment or condo in 87123 is $973. Rent prices range from $699 to as much as $2,299, depending on the type of apartment or condo.
- How does the rent of an apartment or condo in 87123 compare to the national average?Average rent of an apartment or condo in 87123 is about 49% lower than the national average rent of $1,910 for an apartment or condo. That means it is less expensive to rent an apartment or condo in 87123 compared to the U.S. average.
- What is the average rent of an apartment or condo in 87123, by number of bedrooms?The average rent of an apartment or condo in 87123 is $950 for a studio, $885 for a 1 bedroom, $1,022 for a 2 bedroom, $1,512 for a 3 bedroom, and $ for a 4 bedroom.
- How have rent prices of an apartment or condo in 87123 changed compared to last year?In the past year, the average rent price of an apartment or condo in 87123 has increased by $225. That means the average rent of an apartment or condo is 23% higher than last year.
- How many apartments or condos are available to rent in 87123?There are 54 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.