RentDataNowRentDataNow
ZIP Code · NM

ZIP 87122

Pop. 18,578·Bernalillo County·4th most expensive ZIP in New Mexico
Median rent (all units)
$2,111/mo
Year-over-Year
Stable
Month-over-Month
+0.8%
vs US Median
+$146
Rising (Monthly)
Be the first to discuss 87122 rents ↓
Most AffordableMost Expensive
ZIP 87122 · $2,111
More expensive than 66% of US ZIP codes · National median $1,965/mo
Rent check

Is your rent fair?

Compare your rent to the local median.

Medians by bedroom

Rent by unit size

Studio
$1,520
1 BR
$1,780
2 BR
$2,200
3 BR
$3,060
4 BR+
$3,600
Research median
$2,200/mo

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

Rent trends

12-month history

Loading…

Last updated: July 20, 2026

Annual cost
$25,332/yr
At $2,111/mo median
Location
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 87122 (Albuquerque, NM) is majority owner-occupied, has a large retiree population, has a median income above the national average, 74.3% of residents hold a bachelor's degree or higher.

Population
18,578
Median income
$169,041
Median age
48.9
Renters
7.4%
Age distribution
22.7%
25.2%
15.8%
25.1%
Under 1822.7%
18–3411.1%
35–5425.2%
55–6415.8%
65+25.1%
Gender
48.7%
51.3%
Male48.7%
Female51.3%
Race & ethnicity
65.5%
24%
White65.5%
Black0.9%
Hispanic24%
Asian10.8%
Education (25+)
15.8%
74.3%
No HS diploma2%
HS diploma7.8%
Some college15.8%
Bachelor's+74.3%
Housing tenure
92.6%
Owner92.6%
Renter7.4%

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

2021 vs 2026

How ZIP 87122 in Albuquerque, NM has changed in 5 years

Income
$139,275 → $169,041
up 21.4%
Population
18,022 → 18,578
up 3.1%
Renter share
9% → 7.4%
-1.6 pts
Bachelor's+
70.4% → 74.3%
+3.9 pts
Median age
46.1 → 48.9
+2.8 yrs

Median household income climbed from $139,275 to $169,041 between 2021 and 2024, a 21.4% shift. Census counts show ZIP 87122 in Albuquerque, NM adding about 556 residents over the five-year window, up 3.1% on net. The renter share has eased from 9% to 7.4%, with owner-occupied housing accounting for the remainder. Bachelor's-degree-or-higher attainment moved from 70.4% to 74.3% across the same window.

Community

Discussions about ZIP 87122

No discussions yet. Start the conversation.

Local insights

Tips for renters in ZIP 87122

About renting in ZIP 87122

Last updated: July 20, 2026

ZIP code 87122 covers Albuquerque, NM. The median rent here is $2,111/mo as of July 2026. A 1-bedroom rents for a median of $1,780/mo. A 2-bedroom rents for a median of $2,200/mo.

At 15% of local median household income ($169,041/yr), ZIP 87122 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 87122?

As of July 20, 2026, the median monthly rent in ZIP 87122 (Albuquerque, NM) is $2,111. This is based on aggregated data from public sources and community submissions.

How does ZIP 87122 rent compare to the US average?

ZIP 87122's median rent of $2,111/mo is $146 (7%) above the US national median of $1,965/mo.

How does ZIP 87122 compare to other ZIPs in New Mexico?

ZIP 87122 is one of the pricier ZIP codes in New Mexico, ranking #4 out of 35 ZIPs tracked at $2,111/mo.

How much income do you need to rent in ZIP 87122?

To keep rent at or below 30% of gross income, you would need to earn at least $84,000/year (~$40/hour full-time) to afford the median rent of $2,111/mo in ZIP 87122. The local median household income is $169,041/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 87122?

Rent in ZIP 87122 has been relatively stable over the past year, with a 0.0% change year over year as of July 20, 2026.

Is ZIP 87122 an affordable place to rent?

ZIP 87122 is considered very affordable for renters. At $2,111/mo, rent takes approximately 15% of the local median household income ($169,041/yr). The standard benchmark is 30%. ZIP 87122 falls comfortably within that range.

What percentage of ZIP 87122 residents rent vs. own?

According to Census data, approximately 7.4% of ZIP 87122 households are renters, while 92.6% are owner-occupied. ZIP 87122 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 87122 compare to the rest of Albuquerque?

ZIP 87122 is pricier than Albuquerque as a whole. At $2,111/mo, it's $625 above the Albuquerque citywide median of $1,486/mo.

When was rent data for ZIP 87122 last updated?

Rent data for ZIP 87122 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
15%
VERY AFFORDABLE

At $2,111/mo, rent takes ~15% of ZIP 87122's median household income ($169,041/yr). The standard benchmark is 30%.

ZIP 87122 15%Benchmark 30%
State income tax1.7–5.9%
Compare

How does this area stack up?

Pick another city or ZIP to compare.

Schools nearby

Public schools near ZIP 87122 (Albuquerque, NM)

Recent submissions

Be the first to submit your rent for this ZIP.

Recent discussions

No discussions yet.