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Apartments in 87123

1 - 30 of 37 Results
16
$369 - 850
Manzano Vista
2.6
300 Dorado Place SE Albuquerque, NM
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Pool
4
$822 - 1,114
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 - 1,242
Copper Terrace (VI)
3.8
12801 Copper NE Albuquerque, NM
1 - 3 BR | Available Now
Contact
Pool
16
$1,775
Bright Kitchen , Freshly Painted , New Carpet
12720 Chico St Albuquerque, NM
3 BR | Available Now
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Dog Friendly
House
11
$1,025
183 Monte Largo Dr NE
Albuquerque, NM
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Surface Parking
Storage
30
$1,800
Ne 1050/sf 3 Bedroom 2 Bath 1/cg Townhome
12925 Carrie Pl Albuquerque, NM
3 BR | Available Now
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Dog Friendly
Cat Friendly
House
9
$1,000 - 1,200
14225 Copper Ave NE
Albuquerque, NM
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
Disability Access
Pool
11
$1,900
813 Omaha St NE
Albuquerque, NM
3 BR | Available Now
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Dog Friendly
Cat Friendly
House
Storage
Dishwasher
9
$950
Fruit Ave Ne-13305
13305 Fruit Ave NE Albuquerque, NM
2 BR | Available Now
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Storage
9
$775
844 Chelwood Park NE
Albuquerque, NM
1 BR | Available Now
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Dog Friendly
Cat Friendly
Disability Access
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
9
$1,095
187 Monte Largo Dr NE
Albuquerque, NM
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
8
$850
13500 Skyline Dr NE
Albuquerque, NM
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Surface Parking
Storage
Dishwasher
11
$1,025
183 Monte Largo NE
Albuquerque, NM
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
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
1
$675
12901 Central Ave NE
Albuquerque, NM
Studio | Available Now
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Dog Friendly
Cat Friendly
Disability Access
15
$1,500
818 Knox Ct NE
Albuquerque, NM
2 BR | Available Now
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House
Storage
Dishwasher
1
$1,222
400 Rainbow Ct Se
400 Rainbow Albuquerque, NM
2 BR | Available Now
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Dog Friendly
Cat Friendly
22
$1,900
10919 Fort Scott Trl NE
Albuquerque, NM
3 BR | Available Now
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House
Air Conditioning
Storage
Dishwasher
$850 - 999
301 Western Skies S.e.
Albuquerque, NM
2 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Surface Parking
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
1
$800
Western Skies 4Plex
312 Western Skies Dr SE Albuquerque, NM
2 BR | Available Now
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Storage
19
$1,700
409 Garcia St NE
Albuquerque, NM
3 BR | Available Now
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House
$950
221 General Stilwell St NE
Albuquerque, NM
1 BR | Available Now
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Dog Friendly
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
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
43
$1,900
825 Marcella St NE
Albuquerque, NM
3 BR | Available Now
Contact
Cat Friendly
House
Storage
Dishwasher
10
$975
Chelwood Park Blvd Ne-536
536 Chelwood Park Blvd Albuquerque, NM
2 BR | Available Now
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Dog Friendly
Cat Friendly
Storage
1 - 30 of 37 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 $780 $380 - $1,170
2BR $850 $710 - $1,440
3BR $1,790 $870 - $3,030
4+BR $2,300 $2,280 - $2,800
Frequently Asked Questions

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

Rentable.co has 37 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 $960 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 $775 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 70 units available for rent in the 87123 zip code. The average rent in this area is $950, 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 $387. 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:
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.

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