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Apartments in 87123

1 - 30 of 50 Results
16
$890 - 1,020
Manzano Vista
2.6
300 Dorado Place SE Albuquerque, NM
2 - 3 BR | Available Now
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Dog Friendly
Cat Friendly
Pool
4
$847 - 1,370
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
$1,040
Copper Terrace (VI)
3.8
12801 Copper NE Albuquerque, NM
2 BR | Jan. 10, 2025
Contact
Pool
1
$775 - 1,100
12901 Central Ave NE
Albuquerque, NM
Studio - 1 BR | Available Now
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Dog Friendly
Cat Friendly
Disability Access
9
$1,100 - 1,200
14225 Copper Ave NE
Albuquerque, NM
1 - 2 BR | Available Now
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Dog Friendly
Cat Friendly
Storage
Disability Access
Pool
9
$800 - 950
Cloudview Terrace Apartments
13500 Skyline Dr NE Albuquerque, NM
1 - 2 BR | Available Now
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Dog Friendly
Cat Friendly
Surface Parking
Storage
Dishwasher
9
$850
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
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Dog Friendly
Cat Friendly
Covered Parking
Surface Parking
Dishwasher
1
$850 - 875
130 Altez St Ne
130 Altez St Albuquerque, NM
2 BR | Available Now
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Disability Access
1
$1,900
4br, 2.5ba, 1cg
10923 Jicama Way Albuquerque, NM
4 BR | Available Now
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House
1
$2,200
Four Beds In The Foothills
610 Paseo St Albuquerque, NM
4 BR | Jan. 10, 2025
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Dog Friendly
House
1
$875
143 General Arnold St NE
Albuquerque, NM
1 BR | Dec. 31, 2024
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Storage
Disability Access
1
$2,575
337 Glorieta St NE
Albuquerque, NM
5 BR | Available Now
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Dog Friendly
Cat Friendly
House
Balcony/Deck/Patio
Dishwasher
1
$1,050
308 Whispering Sands Ct SE
Albuquerque, NM
2 BR | Available Now
Contact
Surface Parking
Balcony/Deck/Patio
Storage
Disability Access
Dishwasher
1
$875
Hanosh - 205
205 Hanosh Ct Albuquerque, NM
1 BR | Jan. 3, 2025
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Dog Friendly
Cat Friendly
Storage
Disability Access
Dishwasher
20
$1,135
Updated 2 Bedroom / 1 1/2 Bath Townhome Apartment In The Ne Heights
12616 Copperwood Dr NE Albuquerque, NM
2 BR | Ask for Availability
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Dishwasher
9
$875
205 Hanosh Ct SE
Albuquerque, NM
1 BR | Jan. 3, 2025
Contact
Dog Friendly
Cat Friendly
1
$1,050
320 General Marshall St NE
Albuquerque, NM
2 BR | Available Now
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Cat Friendly
0
$1,975
$500 Off First Months Rent!! Gated Community Near Sandia Labs & Kafb
10935 Jicama Way SE Albuquerque, NM
3 BR | Available Now
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Dog Friendly
House
Dishwasher
1
$2,000
13915 Grant Pl NE
Albuquerque, NM
3 BR | Available Now
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Dog Friendly
Cat Friendly
House
Balcony/Deck/Patio
$1,025
12837 Dorado Drive Se
12837 Dorado Dr Albuquerque, NM
2 BR | Available Now
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1
$879
217-221 General Stilwell St
217-221 General Stilwell St NE Albuquerque, NM
1 BR | Available Now
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0
$995
212 General Marshall NE
Albuquerque, NM
2 BR | Available Now
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Dog Friendly
Cat Friendly
1
$975
408 Western Skies
Albuquerque, NM
2 BR | Available Now
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Dishwasher
Fireplace
1
$850 - 950
200 General Marshall St NE
Albuquerque, NM
1 BR | Available Now
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Dog Friendly
Cat Friendly
0
$1,100
312 General Marshall NE
Albuquerque, NM
2 BR | Available Now
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Dog Friendly
Cat Friendly
1
$950
308 General Marshall
Albuquerque, NM
2 BR | Available Now
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1
$2,800
4 Bed Near Kafb/sandia Labs
1819 Shadow Leader Pl SE Albuquerque, NM
4 BR | Available Now
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Dog Friendly
Cat Friendly
House
1
$975
208 General Marshall NE
Albuquerque, NM
1 BR | Available Now
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Dog Friendly
Cat Friendly
1
$1,995
Call Us Today At (505) 808-6467 To Schedule A Convenient Showing
1659 Domino Dr SE Albuquerque, NM
3 BR | Available Now
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Dog Friendly
House
Dishwasher
1 - 30 of 50 Results
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  2. Albuquerque
  3. 87123

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

87123 apartments
Bed Type Average Rent Range
Studio $900 $780 - $1,040
1BR $880 $590 - $1,100
2BR $920 $710 - $1,200
3BR $1,850 $870 - $2,260
4+BR $2,200 $1,900 - $2,800
Frequently Asked Questions

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

Rentable.co has 50 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 $950 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 $920 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 $875 per month.

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

The average rent for a studio apartment in 87123 is around $902 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 87 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 $582. 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:
December Rent Report

Welcome to the December 2024 Albuquerque Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the December 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
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
May. 2024
Jun. 2024
Jul. 2024
Aug. 2024
Sep. 2024
Oct. 2024
Nov. 2024
Dec. 2024
1 BR       2 BR

Albuquerque Rent Prices Increase From November to December

Albuquerque rent prices increased over the last month. From November to December, the city experienced a 0.55% increase for the price of a one-bedroom apartment. The rent price for a Albuquerque one-bedroom apartments currently stands at $914.0.

When we take a look at the two-bedroom comparison from November to December, Albuquerque experienced a -0.61% decrease for the price of a two-bedroom apartment. The rent price for a Albuquerque two-bedroom apartments currently stands at $1,147.0.

December Prices: Albuquerque vs. Surrounding Areas

Rio Rancho, NM
Albuquerque, NM
$1,970
$909
$0
$650
$1,300
$1,950
$2,600
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.

December 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
$4,134
$3,160
$2,389
$2,353
$1,914
$1,318
$1,255
$1,234
$909
$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 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 December 1 BR M/M % Change 2 BR December 2 BR M/M % Change
Albuquerque, NM $909.0 1.23% $1,154.0 -0.69%
Rio Rancho, NM $1,970.0 -2.67% $1,603.0 1.91%

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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