ZIP Code · NM

ZIP 87105

Part of Albuquerque, NM

Pop. 54,367·Bernalillo County·23rd most expensive ZIP in New Mexico

Median rent (all units)

$1,419/mo

Year-over-Year

Stable

Month-over-Month

+0.8%

vs US Median

-$513

Reported rents

Rising (Monthly)

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Most AffordableMost Expensive

ZIP 87105 · $1,419

More affordable than 79% of US ZIP codes · National median $1,932/mo

Rent check

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Compare your rent to the local median.

Medians by bedroom

Rent by unit size

Studio

$880

1 BR

$1,030

2 BR

$1,270

3 BR

$1,770

4 BR+

$2,080

Research median

$1,270/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: October 17, 2026

From the history

What the numbers show

What a typical income covers

30% of the median household income ($55,644) is $1,391 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($1,270); a 3-bedroom is $1,770.

Rank in Albuquerque

8th cheapest of 16 ZIP codes in Albuquerque.

Cheaper nearby

ZIP 87108, 7 miles away, rents for 32% less ($962/mo), about $5,500 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 87105. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$17,028/yr

At $1,419/mo median

Location

CityAlbuquerque

StateNM

CountyBernalillo County

Rent Market Meter

Balanced Market

Renter's MarketBalancedLandlord's Market

Rents are roughly steady, with neither renters nor landlords holding a strong edge right now.

Based on rent-price momentum (+0.0% YoY, +0.8% MoM), not inventory.

Demographics

Who lives here

ZIP 87105 (Albuquerque, NM) is majority owner-occupied, has a median income below the national average, 16.1% of residents hold a bachelor's degree or higher.

Population

54,367

Median income

$55,644

Median age

39.8

Renters

25.8%

Age distribution

22.1%

22.2%

23.5%

13.9%

18.2%

Under 1822.1%

18–3422.2%

35–5423.5%

55–6413.9%

65+18.2%

Gender

49.4%

50.6%

Male49.4%

Female50.6%

Race & ethnicity

30.1%

80.7%

White30.1%

Black0.9%

Hispanic80.7%

Education (25+)

20.2%

35.6%

28.1%

16.1%

No HS diploma20.2%

HS diploma35.6%

Some college28.1%

Bachelor's+16.1%

Housing tenure

74.2%

25.8%

Owner74.2%

Renter25.8%

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

2021 vs 2026

How ZIP 87105 in Albuquerque, NM has changed in 5 years

Income

$41,358 → $55,644

up 34.5%

Population

54,138 → 54,367

up 0.4%

Renter share

27.9% → 25.8%

-2.1 pts

Bachelor's+

15.4% → 16.1%

+0.7 pts

Median age

38.6 → 39.8

+1.2 yrs

Census figures show median household income at $55,644 today, compared with $41,358 five years earlier. Renters now make up 25.8% of households, compared with 27.9% five years ago.

Community

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Local insights

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About renting in ZIP 87105

Last updated: October 17, 2026

ZIP code 87105 covers Albuquerque, NM. The median rent here is $1,419/mo as of October 2026. A 1-bedroom rents for a median of $1,030/mo. A 2-bedroom rents for a median of $1,270/mo.

At 31% of local median household income ($55,644/yr), ZIP 87105 ranks as moderate compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 87105?

To keep rent at or below 30% of gross income, you would need to earn at least $57,000/year (about $27/hour full-time) to afford the median rent of $1,419/mo in ZIP 87105. The local median household income is $55,644/yr, so the typical household falls short of that bar.