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ZIP Code · NM

ZIP 87102

Pop. 20,123·Bernalillo County·31st most expensive ZIP in New Mexico
Median rent (all units)
$1,151/mo
Year-over-Year
+1.7%
Month-over-Month
+2.7%
vs US Median
-$814
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 87102 · $1,151
More affordable than 94% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$940
1 BR
$1,100
2 BR
$1,360
3 BR
$1,890
4 BR+
$2,230
Research median
$1,360/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: July 20, 2026

Annual cost
$13,812/yr
At $1,151/mo median
Location
StateNM
CountyBernalillo County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 1.7% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+1.7% YoY, +2.7% MoM), not inventory.
Demographics

Who lives here

ZIP 87102 (Albuquerque, NM) is majority renter-occupied, skews toward younger working-age adults, has a median income below the national average, 37.1% of residents hold a bachelor's degree or higher.

Population
20,123
Median income
$42,990
Median age
36.7
Renters
64.6%
Age distribution
12.8%
33.6%
27.7%
12.3%
13.6%
Under 1812.8%
18–3433.6%
35–5427.7%
55–6412.3%
65+13.6%
Gender
50.4%
49.6%
Male50.4%
Female49.6%
Race & ethnicity
43.3%
55.8%
White43.3%
Black3.5%
Hispanic55.8%
Asian0.7%
Education (25+)
13.8%
22%
27.1%
37.1%
No HS diploma13.8%
HS diploma22%
Some college27.1%
Bachelor's+37.1%
Housing tenure
35.4%
64.6%
Owner35.4%
Renter64.6%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How ZIP 87102 in Albuquerque, NM has changed in 5 years

Income
$32,575 → $42,990
up 32.0%
Population
19,056 → 20,123
up 5.6%
Renter share
65.6% → 64.6%
-1.0 pts
Bachelor's+
33.4% → 37.1%
+3.7 pts
Median age
35.9 → 36.7
+0.8 yrs

Census figures show median household income at $42,990 today, compared with $32,575 five years earlier. The population has grown by 5.6% since 2021, moving from about 19,056 residents to roughly 20,123. College-educated residents now make up 37.1% of adults here, versus 33.4% in 2021.

Community

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Local insights

Tips for renters in ZIP 87102

About renting in ZIP 87102

Last updated: July 20, 2026

ZIP code 87102 covers Albuquerque, NM. The median rent here is $1,151/mo as of July 2026. A 1-bedroom rents for a median of $1,100/mo. A 2-bedroom rents for a median of $1,360/mo.

At 32% of local median household income ($42,990/yr), ZIP 87102 ranks as moderate compared to the national benchmark of 30%. Rents have increased 1.7% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 87102?

As of July 20, 2026, the median monthly rent in ZIP 87102 (Albuquerque, NM) is $1,151. This is based on aggregated data from public sources and community submissions.

How does ZIP 87102 rent compare to the US average?

ZIP 87102's median rent of $1,151/mo is $814 (41%) below the US national median of $1,965/mo.

How does ZIP 87102 compare to other ZIPs in New Mexico?

ZIP 87102 is among the more affordable ZIP codes in New Mexico, ranking #31 out of 35 ZIPs at $1,151/mo.

How much income do you need to rent in ZIP 87102?

To keep rent at or below 30% of gross income, you would need to earn at least $46,000/year (~$22/hour full-time) to afford the median rent of $1,151/mo in ZIP 87102. The local median household income is $42,990/yr, meaning the typical household falls short of that threshold.

Is rent going up or down in ZIP 87102?

Rent in ZIP 87102 has increased 1.7% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 87102 an affordable place to rent?

ZIP 87102 is considered moderate for renters. At $1,151/mo, rent takes approximately 32% of the local median household income ($42,990/yr). The standard benchmark is 30%. ZIP 87102 slightly exceeds that threshold, so budgeting carefully matters here.

What percentage of ZIP 87102 residents rent vs. own?

According to Census data, approximately 64.6% of ZIP 87102 households are renters, while 35.4% are owner-occupied. With a majority renter population, ZIP 87102 has a strong rental market.

How does ZIP 87102 compare to the rest of Albuquerque?

ZIP 87102 is more affordable than Albuquerque overall. At $1,151/mo, it's $335 below the Albuquerque citywide median of $1,486/mo.

When was rent data for ZIP 87102 last updated?

Rent data for ZIP 87102 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
32%
MODERATE

At $1,151/mo, rent takes ~32% of ZIP 87102's median household income ($42,990/yr). The standard benchmark is 30%.

ZIP 87102 32%Benchmark 30%
State income tax1.7–5.9%
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Schools nearby

Public schools near ZIP 87102 (Albuquerque, NM)

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