Luxury Apartments for Rent in 87124
51 rentals
- APPLY INSTANTLYPET FRIENDLYFURNISHED
- APPLY INSTANTLYPET FRIENDLY
- SPECIAL OFFERPET FRIENDLY$1,750 - $2,900/mo1-3 Beds1-3 BathsThe Eleanor at Rio Rancho | 2301 Westside Blvd SE #403,
Rio Rancho, NM 87124 - APPLY INSTANTLYPET FRIENDLY
- $1,390 - $1,880/mo1-3 Beds1-2 BathsLinks at High Resort | 201 Pinnacle Dr SE #314,
Rio Rancho, NM 87124 - $1,600 - $1,650/mo2 Beds1-2 Baths1805 Darlene Road Southeast | 1805 Darlene Rd SE #5576213,
Rio Rancho, NM 87124 - $1,280 - $1,620/mo1-2 Beds1-2 BathsBlue Agave Villas | 4101 Meadowlark Ln SE #106,
Rio Rancho, NM 87124 - Total price$1,284 - $1,567/mo1-2 Beds1-2 BathsEntrada Pointe | 900 Country Club Dr SE #E102,
Rio Rancho, NM 87124 Save Search in 87124
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Average Rent Trends in 87124
Rent in 87124 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent increased in May 2026 compared to the previous month. Rent previously peaked in Jan 2025.
| Month | Average rent |
|---|---|
| Jun 2025 | $1,995 |
| Jul 2025 | $1,995 |
| Aug 2025 | $1,949 |
| Sep 2025 | $1,995 |
| Oct 2025 | $2,020 |
| Nov 2025 | $1,900 |
| Dec 2025 | $1,799 |
| Jan 2026 | $1,850 |
| Feb 2026 | $2,167 |
| Mar 2026 | $2,111 |
| Apr 2026 | $2,223 |
| May 2026 | $2,278 |
Average Rent By Bedroom and Home Type
In May 2026, Apartments and Condos were the most affordable home type to rent compared with Houses and Townhomes.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $1,308 | $1,623 | $2,400 | $2,600 | $2,195 |
| Townhomes | — | $2,600 | $2,295 | $2,800 | $2,495 |
| Apartments and Condos | $975 | $1,295 | $2,400 | — | $1,225 |
| Houses | — | $1,700 | $2,400 | $2,499 | $2,400 |
Frequently Asked Questions about Rentals in 87124
- What is the average rent of an apartment in 87124?The average rent of an apartment in 87124 is $1,347 per month. This is about 30% lower than the national average.
- What is the average rent of a house in 87124?The average rent of a house in 87124 is $2,400 per month. This is about 24% higher than the national average.
- What is the average rent of a townhome in 87124?The average rent of a townhome in 87124 is $2,495 per month. This is about 29% higher than the national average.
- When is the average rent cheapest in 87124?In the last year, the average rent in 87124 was lowest in Dec 2025 when it was $1,799 per month.
- When is the average rent most expensive in 87124?In the last year, the average rent in 87124 was highest in Jan 2025 when it was $2,050 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in 87124?The average rent of a 1 bedroom apartment in 87124 is $1,308 per month. That is about $400 less than the cost of a studio apartment.
- How many available rental listings are in 87124?There are 52 available rental listings in 87124.
- What are some cities near 87124?Some nearby cities include: Rio Rancho, Corrales, Los Ranchos de Albuquerque, Bernalillo, Albuquerque, Placitas. These cities may have more rental options to explore.