Zip Code

Average Rent in 87031

87031 is a zip code in Albuquerque, NM MSA. It ranks #9 out of 29 for places to rent. 87031 is in
the state of
New Mexico,
the county of
Valencia County,
the congressional districts of
District 01, District 02 and 16 cities. Dwellsy has rental data there are no sections, no neighborhoods and no rental communities in 87031.
The average rent over the last 3 months for places in 87031 is $1,992 which represents an increase of 2.37% over the same period.

Rental Price Comparison

The average rent for places in zip 87031 currently stands at $1,992.
In comparison, places in the average state, specifically New Mexico, is less expensive, with an average rent of $1,487. This represents a difference of -25% when compared to 87031.
Meanwhile, in the average msa of Albuquerque, NM MSA, the average rent for the same type of housing is $1,422, showing a less expensive of -29% from our subject location.
On a national scale, the average rent for a similar places across the United States is $1,859. This constitutes a less expensive by -7% when compared to the rent in 87031.
$1,992
87031
VS
$1,487
-25%
NM, state
$1,422
-29%
Albuquerque, NM MSA, msa
$1,859
-7%
USA, us

Average price for rental listings over the last 3 months. Last updated May 31 2026