Apartments in 87110

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1
$1,385
623 Madison St Albuquerque, NM
2 BR | Available Now
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1
$1,800
Albuquerque, NM
3 BR | Available Now
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How much does it cost to rent an apartment in 87110?

87110 apartments
Bed Type Average Rent Range
Studio $820 $530 - $1,610
1BR $960 $580 - $1,770
2BR $1,480 $710 - $2,300
3BR $2,110 $1,600 - $2,610
Find an Apartment in 87110
Looking for apartments for rent in the 87110 zip code of Albuquerque, NM? Rentable has all the information you need. Currently, there are 82 apartments available for rent in this area. The average rent for apartments in 87110 is approximately $1,190. The minimum rent for a floor plan type is $530.

One of the top neighborhoods in the 87110 area is Downtown Albuquerque, which offers a vibrant and bustling city atmosphere. Nearby, you'll find a variety of restaurants, shops, and entertainment options to enjoy.

If you're looking for outdoor activities, there are several parks and open spaces in the vicinity of 87110. These provide opportunities for hiking, biking, picnicking, and enjoying the beautiful New Mexico weather.

Whether you're searching for a cozy studio or a spacious three-bedroom apartment, Rentable has a wide selection of apartments near 87110 Albuquerque, NM. Take a look at our listings and find your perfect rental today.

Albuquerque:
February Rent Report

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

$1,350
$1,010
$680
$340
$0
Mar. 2025
Apr. 2025
May. 2025
Jun. 2025
Jul. 2025
Aug. 2025
Sep. 2025
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Dec. 2025
Jan. 2026
Feb. 2026
1 BR       2 BR

Albuquerque Rent Prices Decrease From January to February

Albuquerque rent prices decreased over the last month. From January to February, 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 January to February, 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 $.

February 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.

February 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 February 1 BR M/M % Change 2 BR February 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.