Townhomes For Rent in 87123

8 rentals

Apartments For Rent Near 87123

We found 30 more apartments matching your filters just outside 87123

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 increased in May 2026 compared to the previous month. Rent previously peaked in Oct 2025.
MonthAverage rent
Jun 2025$1,700
Jul 2025$1,850
Aug 2025$1,900
Sep 2025$1,980
Oct 2025$2,150
Nov 2025$1,951
Dec 2025$1,500
Jan 2026$2,000
Feb 2026$1,950
Mar 2026$1,925
Apr 2026$2,150
May 2026$2,200
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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 bed2 beds3 beds4 bedsAll
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$1,989$2,150$2,600$2,150

Frequently Asked Questions about Townhomes for rent in 87123

  • What is the average rent of a townhome in 87123?
    The average rent of a townhome in 87123 is $2,600 per month. This is about 35% higher than the national average.
  • When is the average rent cheapest in 87123?
    In the last year, the average rent in 87123 was lowest in Dec 2025 when it was $1,500 per month.
  • When is the average rent most expensive in 87123?
    In the last year, the average rent in 87123 was highest in Oct 2025 when it was $2,150 per month.
  • How many townhomes are available to rent in 87123?
    There are 5 available townhomes 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.