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ZIP code 87123: Albuquerque, NM

87123 is a ZIP code in Albuquerque, New Mexico, mainly in Bernalillo County, part of the Albuquerque, NM metro area. About 42,252 people live here.

Population
42,252
Median household income
$64,359
Typical home value
$341,900+1.8% in 12 months
Median rent
$1,086gross, per month
Median age
39.9
Homeowners
67%of occupied homes
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Shaded: ZIP code 87123's area. Click anywhere on the map to see which ZIP code it's in.

ZIP codes within 10 milesWithin 25 miles

ZIP code 87123 details

CityAlbuquerque
StateNew Mexico
CountyBernalillo County
Metro areaAlbuquerque, NM
Time zoneMountain Time (UTC−7), observes daylight saving time
TypeStandard (delivery area)
Land area28.9 sq mi, plus 0.2 sq mi of water
Population density1,464 people per sq mi
Bachelor's degree or higher33.4% of adults 25+
Average commute22.7 minutes
Center coordinates35.06136, -106.47123

Median rent in 87123 by bedrooms

SizeMedian gross rent
Studio$984/mo
1 bedroom$975/mo
2 bedrooms$1,125/mo
3 bedrooms$1,430/mo
4 bedrooms$1,725/mo
5+ bedrooms$774/mo

Gross rent includes utilities paid by the tenant. ACS 2020–2024; sizes with too few rentals to estimate are left out.

ZIP codes near 87123

ZIP codeCityDistancePopulation
87112Albuquerque, NM3.7 mi44,250
87115Albuquerque, NM4.3 mi—
87116Albuquerque, NM5.2 mi3,865
87117Kirtland Afb, NM5.2 mi26
87111Albuquerque, NM6.0 mi57,085
87108Albuquerque, NM6.1 mi36,331
87110Albuquerque, NM6.9 mi39,685
87008Cedar Crest, NM7.2 mi2,520

Population and median household income: ACS 2020–2024 5-year estimates. Typical home value: Zillow Home Value Index (September 2026) where available, otherwise the ACS median owner-reported value. "PO Box" marks ZIP codes with no delivery area of their own. Methodology

Buying a home in 87123?

A typical home in ZIP code 87123 is worth about $341,900 (Zillow Home Value Index). The median household here earns $64,359 a year. See what buying here would cost per month, with New Mexico average taxes and insurance filled in.

Monthly payment for a $341,900 homeWhat can a $64,359 income afford?Rental property numbers

About ZIP code 87123

What city is ZIP code 87123?

ZIP code 87123 is in Albuquerque, NM, in Bernalillo County.

What county is ZIP code 87123 in?

87123 is mainly in Bernalillo County, New Mexico.

What is the population of ZIP code 87123?

About 42,252 people live in ZIP code 87123, according to the American Community Survey 2020–2024 5-year estimates.

What time zone is ZIP code 87123 in?

87123 is in Mountain Time (UTC−7). It observes daylight saving time.

What other ZIP codes does Albuquerque have?

Albuquerque, NM also uses 87101, 87102, 87103, 87104, 87105, 87106, 87107, 87108, 87109, 87110, 87111, 87112, 87113, 87114, 87115, 87116, 87119, 87120, 87121, 87122, 87125, 87131, 87151, 87153, 87154, 87158, 87176, 87181, 87184, 87185, 87187, 87190, 87191, 87192, 87193, 87194, 87195, 87196, 87197, 87198 and 87199.