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Apartments in 87123

1 - 30 of 31 Results
16
$369 - 980
Manzano Vista
2.6
300 Dorado Place SE Albuquerque, NM
1 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Pool
4
$822 - 955
Luminaria Senior Community
4.7
10600 Central Ave SE Albuquerque, NM
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Senior Community
Air Conditioning
In Unit Laundry
$878
Copper Terrace (VI)
3.8
12801 Copper NE Albuquerque, NM
1 BR | May. 29, 2024
Contact
Pool
22
$1,900
10919 Fort Scott Trl NE
Albuquerque, NM
3 BR | Available Now
Contact
House
Air Conditioning
Storage
Dishwasher
14
$850 - 950
201 Figueroa Street N.e.
Albuquerque, NM
2 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Covered Parking
Surface Parking
Dishwasher
35
$2,195
11009 Marina Gate Trl NE
Albuquerque, NM
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
Air Conditioning
Balcony/Deck/Patio
8
$850
13500 Skyline Dr NE
Albuquerque, NM
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Surface Parking
Storage
Dishwasher
9
$775
844 Chelwood Park NE
Albuquerque, NM
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Disability Access
Dishwasher
9
$950
Fruit Ave Ne-13305
13305 Fruit Ave NE Albuquerque, NM
2 BR | Available Now
Contact
Storage
9
$1,100 - 1,305
14225 Copper Ave NE
Albuquerque, NM
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
Disability Access
Pool
19
$1,700
409 Garcia St NE
Albuquerque, NM
3 BR | Available Now
Contact
House
9
$1,095
187 Monte Largo Dr NE
Albuquerque, NM
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
11
$1,900
813 Omaha St NE
Albuquerque, NM
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
Storage
Dishwasher
30
$2,275
Complete Redone - Custom 4 Bed Gem In 4-hills
13108 Calle Azul SE Albuquerque, NM
4 BR | Ask for Availability
Contact
House
Air Conditioning
17
$3,500
2039 Lobo Trot Ct SE
Albuquerque, NM
3 BR | Jul. 5, 2024
Contact
House
Air Conditioning
Storage
Dishwasher
18
$825 - 900
312 Western Skies Dr SE
Albuquerque, NM
2 BR | Available Now
Contact
23
$2,300
11409 Kings Canyon Rd SE
Albuquerque, NM
3 BR | Available Now
Contact
House
Balcony/Deck/Patio
Dishwasher
Fireplace
1
$825 - 900
Western Skies 4Plex
312 Western Skies Dr SE Albuquerque, NM
2 BR | Available Now
Contact
Storage
1
$675
12901 Central Ave NE
Albuquerque, NM
Studio | Available Now
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Dog Friendly
Cat Friendly
Disability Access
1
$1,222
400 Rainbow Ct Se
400 Rainbow Albuquerque, NM
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
$850 - 999
301 Western Skies S.e.
Albuquerque, NM
2 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Surface Parking
12
$1,950
416 De Soto St SE
Albuquerque, NM
3 BR | Available Now
Contact
House
43
$1,900
825 Marcella St NE
Albuquerque, NM
3 BR | Available Now
Contact
Cat Friendly
House
Storage
Dishwasher
9
$1,100
185 Monte Largo Dr NE
Albuquerque, NM
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Surface Parking
Balcony/Deck/Patio
Storage
16
$750
199 Monte Alto Place Northeast
Albuquerque, NM
2 BR | Available Now
Contact
Heat Included
Dog Friendly
Cat Friendly
House
Air Conditioning
14
$548 - 867
Canyon Point Apartments
2.9
301 Western Skies Dr Se Albuquerque, NM
1 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Dishwasher
Pool
13
$614 - 708
Canyon Ridge Apartments
2.7
200 Figueroa Drive Ne Albuquerque, NM
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Covered Parking
Dishwasher
4
$605 - 725
Whispering Sands
4.0
220 Western Skies Drive Se Albuquerque, NM
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Fitness Center
Pool
$2,300
801 Rio Arriba SE
Albuquerque, NM
4 BR | Ask for Availability
Contact
Dog Friendly
Cat Friendly
House
$1,995
3 Bedroom 2 Bathroom
315 Escena Pl SE Albuquerque, NM
3 BR | Available Now
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House
1 - 30 of 31 Results
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  3. 87123

How much does it cost to rent an apartment in 87123?

87123 apartments
Bed Type Average Rent Range
Studio $680 $680 - $680
1BR $830 $390 - $1,180
2BR $850 $700 - $1,440
3BR $1,900 $870 - $3,200
4+BR $2,550 $2,300 - $2,800
Frequently Asked Questions

How many apartments are available in 87123 on Rentable.co?

Rentable.co has 31 apartments available for rent in 87123.

What is the average rent for an apartment in 87123?

The average rent for an apartment in 87123 is around $870 per month.

What is the average rent for a two-bedroom apartment in 87123?

The average rent for a two-bedroom apartment in 87123 is around $850 per month.

What is the average rent for a one-bedroom apartment in 87123?

The average rent for a one-bedroom apartment in 87123 is around $826 per month.

What is the average rent for a studio apartment in 87123?

The average rent for a studio apartment in 87123 is around $675 per month.

Find an Apartment in 87123
Looking for apartments for rent in 87123 Albuquerque, NM? Rentable has a variety of options available in this area. Currently, there are 47 units available for rent in the 87123 zip code. The average rent in this area is $870, making it a competitive market for potential renters.

If you're looking for a specific type of floor plan, the minimum rent for that floor plan type is $548. Whether you're looking for a studio, one-bedroom, or multi-bedroom unit, there are options available to suit your needs.

When it comes to nearby points of interest, the 87123 zip code offers a range of amenities. From local parks and recreational areas to community facilities, there are plenty of opportunities to enjoy the outdoors and engage with the community.

If you're searching for apartments near 87123, Rentable is here to help. Explore our listings in the 87123 Albuquerque area and find your perfect rental today.

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.

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