87123 rental market

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Last updated August 23, 2025

Rental market summary

The average rent for all bedrooms and all property types in 87123 is $2,500.

Average rent

$2,500

Month-over-month change

+$291

Year-over-year change

+$250

Available rentals

7

Source: Zillow Rentals data

Rental price range

The price range for all bedrooms and all property types is $1,750 to $3,150.

Rent frequencies
Rent priceNumber of rental properties
$1,7001
$2,1002
$2,2001
$2,4001
$2,5003
$3,100+1

Average rent price over time

In the last year, rent has increased by $250 compared to the previous year.

Average rent price over time
Last year (2024)This year (2025)
Jan$2,800$2,100
Feb$2,400$2,300
Mar$2,400$2,200
Apr$2,200$2,004
May$2,350$2,200
Jun$2,595$2,250
Jul$2,250$2,400
Aug$2,500$2,380
Sep$2,325No data
Oct$2,267No data
Nov$2,450No data
Dec$2,250No data

Market temperature

The 87123 rental market temperature is COOL. Market temperature is based on changes in renter demand compared to the national average. For example, a hot market has increasing demand.

cool

Temperature is based on all bedrooms and all property types.

Compare average rent in markets

Rent in 87123 is 7% lower than the national average.

87123vs.

$2,500

$2,700

Rent in 87123

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Frequently asked questions

1. What is the average rent in 87123?

The average rent in 87123 is $1,750.

2. How much does it cost to rent a house in 87123?

Houses in 87123 rent between $679 - $3,700 with an average rent of $1,750.

3. How has the rent in 87123 changed in the last year?

In the last year, the rent in 87123 increased by $275

4. How much has the rent in 87123 increased/decreased in the last month?

In the last month, the rent in 87123 increased by $275

5. How many available rentals are there in 87123?

There are currently 67 rentals available in 87123.

6. How do rent prices in 87123 compare with the national average?

The average rent in 87123 is $1,750 — Infinity% higher the national average of $0.