Apartments in 87106

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9
$845
Albuquerque, NM
1 BR | Ask for Availability
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2
$650
Albuquerque, NM
1 BR | Available Now
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Student
Balcony/Deck/Patio
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How much does it cost to rent an apartment in 87106?

87106 apartments
Bed Type Average Rent Range
Studio $800 $550 - $1,520
1BR $990 $640 - $1,550
2BR $1,300 $970 - $2,450
3BR $2,300 $890 - $2,690
4+BR $2,250 $1,600 - $2,400
Find an Apartment in 87106
Are you in the market for apartments near 87106 in Albuquerque, NM? Rentable is your go-to resource for finding rentals in this area. Currently, there are 114 units available for rent in the 87106 zip code. The average rent for these apartments is $1,100, and you can find a studio unit starting at just $554.

If you're wondering about the best neighborhoods in 87106, Netherwood Park and Southeast Heights are highly recommended. These neighborhoods offer a variety of amenities and attractions for residents to enjoy.

Don't miss out on the opportunity to find your dream rental! Explore Rentable's listings of apartments 87106 Albuquerque, NM and discover the perfect place to call home.

Albuquerque:
September Rent Report

Welcome to the September 2026 Albuquerque Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the September 2026 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

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1 BR       2 BR

Albuquerque Rent Prices Decrease From August to September

Albuquerque rent prices decreased over the last month. From August to September, the city experienced a 0% decrease for the price of a one-bedroom apartment. The rent price for a Albuquerque one-bedroom apartments currently stands at $.

When we take a look at the two-bedroom comparison from August to September, Albuquerque experienced a 0% decrease for the price of a two-bedroom apartment. The rent price for a Albuquerque two-bedroom apartments currently stands at $.

September Prices: Albuquerque vs. Surrounding Areas

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, 0 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

  • Rents did not decrease in any of the Albuquerque suburbs.

September 2026 Pricing Trends: Albuquerque vs. National Comparisons

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 September 1 BR M/M % Change 2 BR September 2 BR M/M % Change

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.