Apartments in 87124

31 rentals

Apartments For Rent Near 87124

We found 30 more apartments matching your filters just outside 87124

Average Rent Trends in 87124

Rent in 87124 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent for a apartment decreased in Sep 2026 compared to the previous month. Rent for apartments peaked in Apr 2025.
MonthAverage rent
Oct 2025$1,440
Nov 2025$1,398
Dec 2025$1,399
Jan 2026$1,404
Feb 2026$1,447
Mar 2026$1,566
Apr 2026$1,451
May 2026$1,680
Jun 2026$1,415
Jul 2026$1,449
Aug 2026$1,445
Sep 2026$1,414
View as a graph

Average Rent By Bedroom and Home Type

In October 2026, Townhomes were the most affordable home type to rent compared with Apartments and Condos and Houses.
1 bed2 beds3 beds4 bedsAll
All home types$1,330$1,550$2,177$2,322$1,995
Townhomes—$1,500$1,950—$1,500
Apartments and Condos—$1,500$1,900$2,715$1,500
Houses—$1,800$2,200$2,300$2,200

Frequently Asked Questions about Apartments and Condos for rent in 87124

  • What is the average rent of an apartment in 87124?
    The average rent of an apartment in 87124 is $1,668 per month. This is about 14% lower than the national average.
  • When is the average rent for an apartment cheapest in 87124?
    In the last year, the average rent in 87124 was lowest in May 2025 when it was $1,319 per month.
  • When is the average rent for an apartment most expensive in 87124?
    In the last year, the average rent in 87124 was highest in Apr 2025 when it was $1,559 per month.
  • How does the rent of a 1 bedroom apartment compare to a studio apartment in 87124?
    The average rent of a 1 bedroom apartment in 87124 is $1,329 per month. That is about $156 more than the cost of a studio apartment.
  • How many apartments or condos are available to rent in 87124?
    There are 25 available apartments or condos to rent in 87124.
  • What are some cities near 87124?
    Some nearby cities include: Rio Rancho, Corrales, Los Ranchos de Albuquerque, Bernalillo, Albuquerque, Placitas. These cities may have more rental options to explore.