Apartments in 87104

1 - 11 of 11 Results
9
$1,050
2.2
2525 Tingley Drive SW Albuquerque, NM
2 BR | Available Now
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Dog Friendly
Cat Friendly
In Unit Laundry
Pool
42
$1,695 - 2,895
1500 Central Ave. Sw Albuquerque, NM
1 - 3 BR | Available Now
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Dog Friendly
Cat Friendly
Covered Parking
Fitness Center
Pool
7
$695
Albuquerque, NM
Studio | Available Now
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Heat Included
Dog Friendly
Surface Parking
Storage
Disability Access
15
$1,400
Albuquerque, NM
1 BR | Available Now
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Cat Friendly
Storage
Fireplace
24
$2,000
Albuquerque, NM
2 BR | Available Now
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House
Air Conditioning
Dishwasher
15
$995
2601 Rio Grande Blvd NW Albuquerque, NM
1 BR | Ask for Availability
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8
$1,799
Albuquerque, NM
3 BR | Available Now
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House
Storage
Dishwasher
14
$1,200
Albuquerque, NM
1 BR | Available Now
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Heat Included
House
Air Conditioning
Balcony/Deck/Patio
Storage
$2,190
Raleigh, NC
2 BR | Available Now
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House
Balcony/Deck/Patio
Storage
Dishwasher
Downtown Raleigh
20
$1,295
317 15Th St NW Albuquerque, NM
2 BR | Ask for Availability
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Dishwasher
$1,895
Albuquerque, NM
2 BR | Available Now
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Dog Friendly
Cat Friendly
House
Storage
Dishwasher
1 - 11 of 11 Results
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How much does it cost to rent an apartment in 87104?

87104 apartments
Bed Type Average Rent Range
Studio $700 $700 - $700
1BR $1,400 $1,000 - $1,700
2BR $1,300 $1,050 - $2,190
3BR $2,150 $1,800 - $2,500
Find an Apartment in 87104
Looking for apartments for rent in 87104 Albuquerque, NM? Rentable has 22 units available in this area. The average rent for apartments in 87104 is $1,050, with the lowest rent for a studio unit starting at $695.

If you're searching for apartments near 87104, browse through Rentable's listings and find the perfect place for you. Whether you're looking for a cozy one-bedroom or a spacious multi-bedroom unit, you'll find a wide selection of options to choose from in this area.

Albuquerque:
April Rent Report

Welcome to the April 2024 Albuquerque Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the April 2024 key findings and figures for the Albuquerque rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Albuquerque and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Albuquerque average rent prices in the chart below.

Monthly Rent Report

$1,400
$1,050
$700
$350
$0
May. 2023
Jun. 2023
Jul. 2023
Aug. 2023
Sep. 2023
Oct. 2023
Nov. 2023
Dec. 2023
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
1 BR       2 BR

Albuquerque Rent Prices Decrease From March to April

Albuquerque rent prices decreased over the last month. From March to April, the city experienced a -2.32% decrease for the price of a one-bedroom apartment. The rent price for a Albuquerque one-bedroom apartments currently stands at $884.0.

When we take a look at the two-bedroom comparison from March to April, Albuquerque experienced a -0.71% decrease for the price of a two-bedroom apartment. The rent price for a Albuquerque two-bedroom apartments currently stands at $1,122.0.

April Prices: Albuquerque vs. Surrounding Areas

Rio Rancho, NM
Albuquerque, NM
$1,725
$905
$0
$600
$1,200
$1,800
$2,400
Median 1 BR Rent

Rent Prices in Albuquerque and Surrounding Areas

Rent prices have decreased in Albuquerque over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 0 of the Albuquerque suburbs increased last month. On the other hand, 1 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rents did not increase in any of the Albuquerque suburbs

  • Rent decreased in Rio Rancho, NM.

  • 1 suburb is currently priced higher than the city of Albuquerque.

April 2024 Pricing Trends: Albuquerque vs. National Comparisons

New York, NY
San Francisco, CA
Washington, DC
Los Angeles, CA
Chicago, IL
Minneapolis, MN
Columbus, OH
Pittsburgh, PA
Albuquerque, NM
$3,994
$3,038
$2,355
$2,347
$1,893
$1,300
$1,264
$1,145
$905
$0
$1,300
$2,600
$3,900
$5,200
Median Rent

Albuquerque Rent Prices More Affordable Than Major Cities

Rent growth in Albuquerque over the past year has been declining. When compared to major cities nearby, along with some of the most expensive cities in the country, Albuquerque average rent prices appear to be relatively affordable for local residents.

The price for a Albuquerque one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Albuquerque and surrounding area rent prices, take a look at the complete data set below.

Data set for Albuquerque and suburbs

1 BR April 1 BR M/M % Change 2 BR April 2 BR M/M % Change
Albuquerque, NM $905.0 -2.16% $1,130.0 -1.05%
Rio Rancho, NM $1,725.0 -4.64% $1,976.0 -3.47%

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.