Luxury Apartments for Rent in 87124
78 rentals
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2-3 Beds
3 BathsThe Eleanor at Rio Rancho | 2301 Westside Blvd SE,
Rio Rancho, NM 87124
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SPECIAL OFFERPET FRIENDLYTotal price$1,444 - $2,016/mo1-2 Beds1-2 BathsMeadowlark | 4201 Meadowlark Ln SE,
Rio Rancho, NM 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 Aug 2026 compared to the previous month. Rent previously peaked in Jan 2025.
| Month | Average rent |
|---|---|
| Sep 2025 | $1,995 |
| Oct 2025 | $2,020 |
| Nov 2025 | $1,900 |
| Dec 2025 | $1,799 |
| Jan 2026 | $1,850 |
| Feb 2026 | $2,165 |
| Mar 2026 | $2,110 |
| Apr 2026 | $2,223 |
| May 2026 | $2,276 |
| Jun 2026 | $2,075 |
| Jul 2026 | $1,965 |
| Aug 2026 | $2,091 |
Average Rent By Bedroom and Home Type
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 | $1,367 | $1,538 | $2,300 | $2,350 | $2,050 |
| Townhomes | — | $2,100 | $1,950 | $2,700 | $2,100 |
| Apartments and Condos | $1,163 | $1,450 | $1,500 | $2,715 | $1,500 |
| Houses | $850 | $1,797 | $2,300 | $2,350 | $2,300 |
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 $1,417 per month. This is about 28% lower 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 $1,367 per month. That is about $194 more than the cost of a studio apartment.
- How many available rental listings are in 87124?There are 76 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.
View this page in Spanish: Apartamentos de lujo en renta en 87124 - 163 Rentas | Trulia