What is the average rent of an apartment in 87002?

The average rent of an apartment in 87002 is $983 per month. This is about 50% lower than the national average.

When is the average rent for an apartment cheapest in 87002?

In the last year, the average rent in 87002 was lowest in Jun 2025 when it was $878 per month.

In the last year, the average rent in 87002 was highest in Sep 2025 when it was $1,183 per month.

The average rent of a 1 bedroom apartment in 87002 is $860 per month. That is about $15 less than the cost of a studio apartment.

There are 11 available apartments or condos to rent in 87002.

Some nearby cities include: Belen , Rio Communities , Jarales , Veguita , Tome , Los Lunas . These cities may have more rental options to explore.

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INCOME RESTRICTED
$820 - $935/mo
1-2 Beds
1 Bath
Altura | 200 Garden Ln,
Belen, NM 87002
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APPLY INSTANTLY
$1,275/mo
2 Beds
1 Bath
766 sqft
855 W Castillo Ave #B,
Belen, NM 87002
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APPLY INSTANTLY
PET FRIENDLY
$2,600/mo
3 Beds
2 Baths
2,600 sqft
713 River Rd #B,
Belen, NM 87002
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APPLY INSTANTLY
$1,000/mo
2 Beds
1 Bath
917A Gilbert Ave #A,
Belen, NM 87002
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APPLY INSTANTLY
$1,100/mo
2 Beds
1 Bath
800 sqft
19701 Highway 314 #S,
Belen, NM 87002
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$1,100/mo
2 Beds
1 Bath
775 sqft
815 W Picard Ave,
Belen, NM 87002
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$1,200/mo
Total price
1 Bed
1 Bath
650 sqft
20 Chavez Rd,
Belen, NM 87002
NEW - 2 DAYS AGO
$1,100/mo
2 Beds
1 Bath
111 N 3rd St,
Belen, NM 87002
$1,275/mo
2 Beds
1 Bath
1201 S Main St #B,
Belen, NM 87002
PET FRIENDLY
$974/mo
2 Beds
1 Bath
420 N 2nd St #22,
Belen, NM 87002
$875/mo
Studio
1 Bath
19701 Highway 314 #10885434,
Belen, NM 87002
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Apartments For Rent Near 87002

Rent in 87002 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.

Average rent for a apartment increased in Sep 2026 compared to the previous month. Rent for apartments peaked in Sep 2025.

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In October 2026, Apartments and Condos were the most affordable home type to rent compared with Houses.

	1 bed	2 beds	3 beds	4 beds	All
All home types	$900	$1,275	$1,750	$2,200	$1,475
Apartments and Condos	$900	$1,100	$1,475	—	$1,100
Houses	$1,050	$1,500	$1,750	$2,200	$1,575

What is the average rent of an apartment in 87002?
The average rent of an apartment in 87002 is $983 per month. This is about 50% lower than the national average.
When is the average rent for an apartment cheapest in 87002?
In the last year, the average rent in 87002 was lowest in Jun 2025 when it was $878 per month.
When is the average rent for an apartment most expensive in 87002?
In the last year, the average rent in 87002 was highest in Sep 2025 when it was $1,183 per month.
How does the rent of a 1 bedroom apartment compare to a studio apartment in 87002?
The average rent of a 1 bedroom apartment in 87002 is $860 per month. That is about $15 less than the cost of a studio apartment.
How many apartments or condos are available to rent in 87002?
There are 11 available apartments or condos to rent in 87002.
What are some cities near 87002?
Some nearby cities include: Belen, Rio Communities, Jarales, Veguita, Tome, Los Lunas. These cities may have more rental options to explore.