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ZIP Code · NM

ZIP 87105

Pop. 54,367·Bernalillo County·28th most expensive ZIP in New Mexico
Median rent (all units)
$1,252/mo
Year-over-Year
Stable
Month-over-Month
-3.5%
vs US Median
-$713
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 87105 · $1,252
More affordable than 89% of US ZIP codes · National median $1,965/mo
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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: July 20, 2026

Annual cost
$15,024/yr
At $1,252/mo median
Location
StateNM
CountyBernalillo County
Rent Market Meter
Strong Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are down 0.0% year-over-year. Push hard on price, concessions, and lease terms.
Based on rent-price momentum (+0.0% YoY, -3.5% 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: July 20, 2026

ZIP code 87105 covers Albuquerque, NM. The median rent here is $1,252/mo as of July 2026. A 1-bedroom rents for a median of $1,030/mo. A 2-bedroom rents for a median of $1,270/mo.

At 27% of local median household income ($55,644/yr), ZIP 87105 ranks as affordable compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 87105?

As of July 20, 2026, the median monthly rent in ZIP 87105 (Albuquerque, NM) is $1,252. This is based on aggregated data from public sources and community submissions.

How does ZIP 87105 rent compare to the US average?

ZIP 87105's median rent of $1,252/mo is $713 (36%) below the US national median of $1,965/mo.

How does ZIP 87105 compare to other ZIPs in New Mexico?

ZIP 87105 is among the more affordable ZIP codes in New Mexico, ranking #28 out of 35 ZIPs at $1,252/mo.

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 $50,000/year (~$24/hour full-time) to afford the median rent of $1,252/mo in ZIP 87105. The local median household income is $55,644/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 87105?

Rent in ZIP 87105 has been relatively stable over the past year, with a 0.0% change year over year as of July 20, 2026.

Is ZIP 87105 an affordable place to rent?

ZIP 87105 is considered affordable for renters. At $1,252/mo, rent takes approximately 27% of the local median household income ($55,644/yr). The standard benchmark is 30%. ZIP 87105 falls comfortably within that range.

What percentage of ZIP 87105 residents rent vs. own?

According to Census data, approximately 25.8% of ZIP 87105 households are renters, while 74.2% are owner-occupied. ZIP 87105 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 87105 compare to the rest of Albuquerque?

ZIP 87105 is more affordable than Albuquerque overall. At $1,252/mo, it's $234 below the Albuquerque citywide median of $1,486/mo.

When was rent data for ZIP 87105 last updated?

Rent data for ZIP 87105 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
27%
AFFORDABLE

At $1,252/mo, rent takes ~27% of ZIP 87105's median household income ($55,644/yr). The standard benchmark is 30%.

ZIP 87105 27%Benchmark 30%
State income tax1.7–5.9%
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Schools nearby

Public schools near ZIP 87105 (Albuquerque, NM)

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