Cheap Apartments for Rent in 87401
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SPECIAL OFFERPET FRIENDLYFURNISHEDTotal price$850 - $1,245/mo
Studio-2 Beds
1 BathOnyx Apartments | 2530 Bloomfield Hwy,
Farmington, NM 87401
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Apartments For Rent Near 87401
We found 22 more apartments matching your filters just outside 87401
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Average Rent Trends in 87401
Rent in 87401 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 Jul 2025.
| Month | Average rent |
|---|---|
| Sep 2025 | $1,100 |
| Oct 2025 | $1,100 |
| Nov 2025 | $1,400 |
| Dec 2025 | $1,395 |
| Jan 2026 | $1,100 |
| Feb 2026 | $1,100 |
| Mar 2026 | $1,050 |
| Apr 2026 | $1,100 |
| May 2026 | $1,100 |
| Jun 2026 | $1,050 |
| Jul 2026 | $1,183 |
| Aug 2026 | $1,450 |
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 | $900 | $1,600 | $1,750 | $2,400 | $1,600 |
| Townhomes | — | $1,600 | — | — | $1,700 |
| Apartments and Condos | $900 | $1,650 | $1,900 | — | $994 |
| Houses | $1,000 | $2,300 | $1,750 | $2,400 | $1,750 |
Frequently Asked Questions about Rentals in 87401
- What is the average rent of an apartment in 87401?The average rent of an apartment in 87401 is $1,182 per month. This is about 40% lower than the national average.
- When is the average rent cheapest in 87401?In the last year, the average rent in 87401 was lowest in Sep 2025 when it was $1,100 per month.
- When is the average rent most expensive in 87401?In the last year, the average rent in 87401 was highest in Jul 2025 when it was $1,700 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in 87401?The average rent of a 1 bedroom apartment in 87401 is $900 per month. That is about $183 more than the cost of a studio apartment.
- How many available rental listings are in 87401?There are 33 available rental listings in 87401.
- What are some cities near 87401?Some nearby cities include: Flora Vista, Kirtland, La Plata, Waterflow, Farmington, Fruitland. These cities may have more rental options to explore.
View this page in Spanish: Apartamentos baratos en renta en los alrededores de 87401 - 89 Rentas | Trulia