Apartments in 87108

31 - 60 of 110 Results
54
$850 - 1,660
900 Valencia Dr SE Albuquerque, NM
Studio - 3 BR | Available Now
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Dog Friendly
Cat Friendly
Surface Parking
Storage
Disability Access
6
$800
Albuquerque, NM
1 BR | Available Now
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Heat Included
Dog Friendly
Cat Friendly
Storage
Highland
7
$600 - 840
7600 Central Ave Albuquerque, NM
Studio - 1 BR | Available Now
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Heat Included
Dog Friendly
Cat Friendly
Surface Parking
Storage
11
$1,250
1100 Alvarado Dr SE Albuquerque, NM
1 BR | Available Now
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Dog Friendly
Cat Friendly
Storage
9
$850
300 Texas St SE Albuquerque, NM
2 BR | Available Now
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Surface Parking
Storage
Disability Access
19
$645 - 775
Loop @950 950 Louisiana Blvd SE Albuquerque, NM
Studio - 1 BR | Available Now
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Heat Included
Storage
Disability Access
Pool
6
$850
Albuquerque, NM
1 BR | Available Now
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Surface Parking
Storage
Disability Access
8
$675 - 895
Albuquerque, NM
Studio - 1 BR | Available Now
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Dog Friendly
Cat Friendly
Storage
25
$1,895
Albuquerque, NM
4 BR | Available Now
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Dog Friendly
House
Storage
Fireplace
6
$1,050
1221 San Mateo Blvd SE Albuquerque, NM
1 BR | Available Now
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Dog Friendly
Cat Friendly
Air Conditioning
Storage
Disability Access
21
$2,395
4651 Idlewild Ln SE Albuquerque, NM
3 BR | Available Now
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Dog Friendly
Cat Friendly
House
Storage
6
$940
Albuquerque, NM
2 BR | Available Now
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Storage
22
$650 - 695
Albuquerque, NM
1 BR | Available Now
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Dog Friendly
28
$725
Albuquerque, NM
Studio - 1 BR | Available Now
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Dog Friendly
9
$850
Albuquerque, NM
2 BR | Available Now
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24
$895
301 Valencia Dr SE Albuquerque, NM
2 BR | Ask for Availability
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Air Conditioning
In Unit Laundry
Dishwasher
Highland
8
$715
Albuquerque, NM
1 BR | Available Now
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26
$1,785
414 Truman St NE Albuquerque, NM
3 BR | Ask for Availability
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Dishwasher
12
$850
Albuquerque, NM
2 BR | Available Now
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Dog Friendly
6
$725
Albuquerque, NM
1 BR | Available Now
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Dog Friendly
14
$2,400
Albuquerque, NM
2 BR | Available Now
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Dog Friendly
Dishwasher
10
$725
Albuquerque, NM
1 BR | Available Now
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9
$850
Albuquerque, NM
2 BR | Available Now
Contact
Dog Friendly
10
$1,245
1420 Truman St SE Albuquerque, NM
2 BR | Ask for Availability
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In Unit Laundry
13
$895
Albuquerque, NM
2 BR | Available Now
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Dog Friendly
Highland
8
$785
Albuquerque, NM
1 BR | Available Now
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Dog Friendly
5
$750
Albuquerque, NM
1 BR | Available Now
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Dog Friendly
16
$1,295
4801 Gibson Blvd SE Albuquerque, NM
2 BR | Ask for Availability
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Air Conditioning
In Unit Laundry
Dishwasher
11
$780
201 Manzano NE / 202 Quincy NE Albuquerque, NM
1 BR | Ask for Availability
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Air Conditioning
Dishwasher
Highland
12
$725
Albuquerque, NM
1 BR | Available Now
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Dog Friendly
31 - 60 of 110 Results
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How much does it cost to rent an apartment in 87108?

87108 apartments
Bed Type Average Rent Range
Studio $700 $580 - $910
1BR $830 $710 - $970
2BR $980 $850 - $1,640
3BR $1,660 $460 - $2,700
Find an Apartment in 87108
Looking for apartments for rent in 87108 Albuquerque, NM? Rentable has the information you need to find your perfect rental in this zip code. Currently, there are 294 units available for rent in this area. The average rent in 87108 is $830, with the minimum rent for a 3-bedroom floor plan starting at $461.

One of the top neighborhoods in 87108 is Highland, offering a desirable location with easy access to nearby points of interest and amenities. Residents can enjoy the convenience of living near parks, shopping centers, and dining options.

If you're searching for apartments near 87108, look no further than Rentable. Explore our listings and find the perfect rental that fits your needs and preferences. Whether you're looking for a spacious apartment or a cozy house, Rentable has a wide range of options to choose from in the 87108 zip code. Start your search today and find your dream rental in Albuquerque, NM.

Albuquerque:
May Rent Report

Welcome to the May 2024 Albuquerque Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the May 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

$1,350
$1,010
$680
$340
$0
Jun. 2023
Jul. 2023
Aug. 2023
Sep. 2023
Oct. 2023
Nov. 2023
Dec. 2023
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
May. 2024
1 BR       2 BR

Albuquerque Rent Prices Decrease From April to May

Albuquerque rent prices decreased over the last month. From April to May, the city experienced a -1.13% decrease for the price of a one-bedroom apartment. The rent price for a Albuquerque one-bedroom apartments currently stands at $874.0.

When we take a look at the two-bedroom comparison from April to May, Albuquerque experienced a 0.27% increase for the price of a two-bedroom apartment. The rent price for a Albuquerque two-bedroom apartments currently stands at $1,125.0.

May Prices: Albuquerque vs. Surrounding Areas

Rio Rancho, NM
Albuquerque, NM
$1,656
$884
$0
$550
$1,100
$1,650
$2,200
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.

May 2024 Pricing Trends: Albuquerque vs. National Comparisons

New York, NY
San Francisco, CA
Washington, DC
Los Angeles, CA
Chicago, IL
Columbus, OH
Minneapolis, MN
Pittsburgh, PA
Albuquerque, NM
$4,056
$3,039
$2,377
$2,336
$1,913
$1,300
$1,283
$1,178
$884
$0
$1,350
$2,700
$4,050
$5,400
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 May 1 BR M/M % Change 2 BR May 2 BR M/M % Change
Albuquerque, NM $884.0 -2.32% $1,122.0 -0.71%
Rio Rancho, NM $1,656.0 -4.00% $1,947.0 -1.47%

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.