Apartments For Rent By Private Owner in 87123

22 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 Oct 2026 compared to the previous month. Rent previously peaked in Sep 2025.
MonthAverage rent
Nov 2025$1,600
Dec 2025$1,400
Jan 2026$1,600
Feb 2026$1,630
Mar 2026$1,700
Apr 2026$1,495
May 2026$1,200
Jun 2026$1,200
Jul 2026$1,338
Aug 2026$1,200
Sep 2026$1,300
Oct 2026$1,657
View as a graph

Average Rent By Bedroom and Home Type

In October 2026, Apartments and Condos were the most affordable home type to rent compared with Townhomes and Houses.
1 bed2 beds3 beds4 bedsAll
All home types$900$1,175$2,100$2,350$1,400
Townhomes—$1,950$2,150—$2,150
Apartments and Condos$850$1,070$1,600—$1,025
Houses—$1,895$2,195$2,350$2,200

Frequently Asked Questions about Rentals in 87123

  • What is the average rent of an apartment in 87123?
    The average rent of an apartment in 87123 is $1,000 per month. This is about 48% lower than the national average.
  • When is the average rent cheapest in 87123?
    In the last year, the average rent in 87123 was lowest in May 2025 when it was $1,197 per month.
  • When is the average rent most expensive in 87123?
    In the last year, the average rent in 87123 was highest in Sep 2025 when it was $1,869 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 $900 per month. That is about $201 more than the cost of a studio apartment.
  • How many available rental listings are in 87123?
    There are 92 available rental listings 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.
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