What is the average rent of an apartment in 87031?

The average rent of an apartment in 87031 is $1,154 per month. This is about 41% lower than the national average.

When is the average rent for an apartment cheapest in 87031?

In the last year, the average rent in 87031 was lowest in Mar 2025 when it was $1,150 per month.

In the last year, the average rent in 87031 was highest in Jan 2025 when it was $1,445 per month.

There are 6 available apartments or condos to rent in 87031.

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

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INCOME RESTRICTED
$1,030 - $1,070/mo
1-2 Beds
1 Bath
Mondel | 1011 Main St SW,
Los Lunas, NM 87031
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APPLY INSTANTLY
FURNISHED
$1,500/mo
Total price
1 Bed
1 Bath
436 sqft
271 Calle Don Demetrio NE,
Los Lunas, NM 87031
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PET FRIENDLY
$1,175/mo
2 Beds
1 Bath
800 sqft
675 Highway 314 SW,
Los Lunas, NM 87031
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PET FRIENDLY
$950/mo
1 Bed
1 Bath
720 sqft
6751 Highway 314 SW,
Los Lunas, NM 87031
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PET FRIENDLY
$1,280/mo
3 Beds
1 Bath
1,000 sqft
1453 Adela Ln SW,
Los Lunas, NM 87031
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$1,225 - $1,250/mo
2 Beds
1 Bath
Sun Terrace Los Lunas | 250 Village Dr,
Los Lunas, NM 87031
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Apartments For Rent Near 87031

Rent in 87031 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.

Average rent for a apartment decreased in Aug 2026 compared to the previous month. Rent for apartments peaked in Jan 2025.

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

	1 bed	2 beds	3 beds	4 beds	All
All home types	$1,030	$1,175	$1,995	$2,200	$1,995
Townhomes	—	$1,850	$1,800	—	$1,850
Apartments and Condos	$950	$1,175	$1,280	—	$1,280
Houses	—	—	$2,050	$2,200	$2,075

What is the average rent of an apartment in 87031?
The average rent of an apartment in 87031 is $1,154 per month. This is about 41% lower than the national average.
When is the average rent for an apartment cheapest in 87031?
In the last year, the average rent in 87031 was lowest in Mar 2025 when it was $1,150 per month.
When is the average rent for an apartment most expensive in 87031?
In the last year, the average rent in 87031 was highest in Jan 2025 when it was $1,445 per month.
How many apartments or condos are available to rent in 87031?
There are 6 available apartments or condos to rent in 87031.
What are some cities near 87031?
Some nearby cities include: Tome, Rio Communities, Los Lunas, Jarales, Peralta, Isleta. These cities may have more rental options to explore.