Apartments in 87111

31 - 38 of 38 Results
12
$1,700
Albuquerque, NM
3 BR | Available Now
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Dog Friendly
Cat Friendly
Townhome
In Unit Laundry
Balcony/Deck/Patio
30
$1,569 - 1,899
4777 Tramway Blvd Ne Albuquerque, NM
2 BR | Available Now
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Dog Friendly
Cat Friendly
Luxury
Air Conditioning
In Unit Laundry
9
$700 - 1,025
4236 Eubank Blvd. Ne Albuquerque, NM
1 - 3 BR | Available Now
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Dog Friendly
Cat Friendly
Luxury
Balcony/Deck/Patio
Fitness Center
4
$685
12200 Montgomery Blvd., Ne Albuquerque, NM
1 BR | Available Now
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Dog Friendly
Cat Friendly
In Unit Laundry
Balcony/Deck/Patio
Fitness Center
0
$2,500
Albuquerque, NM
4 BR | Available Now
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Dog Friendly
House
Dishwasher
Fireplace
0
$2,000
11500 Atlantic City NE Albuquerque, NM
4 BR | Available Now
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Dog Friendly
Cat Friendly
House
Dishwasher
0
$3,000
13238 Morning Mist Ave Albuquerque, NM
3 BR | Available Now
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Dog Friendly
House
Balcony/Deck/Patio
0
$1,400
3600 Eubank Blvd #3c Albuquerque, NM
2 BR | Available Now
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Dog Friendly
Cat Friendly
House
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31 - 38 of 38 Results
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How much does it cost to rent an apartment in 87111?

87111 apartments
Bed Type Average Rent Range
1BR $1,140 $680 - $1,440
2BR $1,460 $800 - $1,740
3BR $1,860 $1,030 - $2,920
4+BR $2,600 $2,000 - $3,100
Find an Apartment in 87111
Looking for apartments for rent in the 87111 zip code in Albuquerque, NM? Rentable has a total of 157 units available for rent right now. The average rent in 87111 is $1,380, with 1-bedroom units starting at $677.

Located in the northeastern part of Albuquerque, the 87111 zip code offers a variety of nearby points of interest and amenities. Just a short distance away, you'll find the beautiful Elena Gallegos Open Space, perfect for outdoor activities such as hiking and picnicking. Some other notable parks in the area include Heritage Hills Park and John Baker Park.

In addition to the natural beauty, the 87111 zip code is also conveniently located near various shopping centers, restaurants, and entertainment options. From the lively atmosphere of Plaza Paseo del Norte to the delicious food offerings at Sprouts Farmers Market, there's something for everyone in this area.

If you're searching for an apartment near 87111, Rentable has a range of options for you to explore. Take a look at our listings in the 87111 zip code and find the perfect rental that suits your needs and preferences.

Albuquerque:
November Rent Report

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

$1,250
$940
$630
$310
$0
Dec. 2023
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
May. 2024
Jun. 2024
Jul. 2024
Aug. 2024
Sep. 2024
Oct. 2024
Nov. 2024
1 BR       2 BR

Albuquerque Rent Prices Increase From October to November

Albuquerque rent prices increased over the last month. From October to November, the city experienced a 1.22% increase for the price of a one-bedroom apartment. The rent price for a Albuquerque one-bedroom apartments currently stands at $909.0.

When we take a look at the two-bedroom comparison from October to November, Albuquerque experienced a -0.69% decrease for the price of a two-bedroom apartment. The rent price for a Albuquerque two-bedroom apartments currently stands at $1,154.0.

November Prices: Albuquerque vs. Surrounding Areas

Rio Rancho, NM
Albuquerque, NM
$2,024
$898
$0
$700
$1,400
$2,100
$2,800
Median 1 BR Rent

Rent Prices in Albuquerque and Surrounding Areas

Rent prices have increased 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.

November 2024 Pricing Trends: Albuquerque vs. National Comparisons

New York, NY
San Francisco, CA
Los Angeles, CA
Washington, DC
Chicago, IL
Columbus, OH
Minneapolis, MN
Pittsburgh, PA
Albuquerque, NM
$4,211
$3,115
$2,373
$2,354
$1,903
$1,338
$1,246
$1,202
$898
$0
$1,400
$2,800
$4,200
$5,600
Median Rent

Albuquerque Rent Prices More Affordable Than Major Cities

Rent growth in Albuquerque over the past year has been on the rise. 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 November 1 BR M/M % Change 2 BR November 2 BR M/M % Change
Albuquerque, NM $898.0 1.47% $1,162.0 -0.17%
Rio Rancho, NM $2,024.0 -2.22% $1,573.0 6.79%

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.