Cheap Apartments for Rent in 87501
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- $1,775 - $3,375/moStudio-1 Bed1-2 BathsRailyard Flats | 701 Camino De La Familia #111,
Santa Fe, NM 87501 Save Search in 87501
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Average Rent Trends in 87501
Rent in 87501 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 May 2025.
| Month | Average rent |
|---|---|
| Jun 2025 | $3,200 |
| Jul 2025 | $2,813 |
| Aug 2025 | $2,965 |
| Sep 2025 | $2,900 |
| Oct 2025 | $2,600 |
| Nov 2025 | $2,500 |
| Dec 2025 | $2,500 |
| Jan 2026 | $2,550 |
| Feb 2026 | $2,600 |
| Mar 2026 | $2,800 |
| Apr 2026 | $2,300 |
| May 2026 | $2,500 |
Average Rent By Bedroom and Home Type
In May 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 | $2,000 | $2,800 | $4,000 | $9,000 | $2,556 |
| Townhomes | $2,700 | $3,100 | $2,995 | — | $3,100 |
| Apartments and Condos | $2,029 | $2,000 | $2,300 | — | $2,000 |
| Houses | $1,675 | $3,222 | $4,950 | $9,000 | $3,600 |
Frequently Asked Questions about Rentals in 87501
- What is the average rent of an apartment in 87501?The average rent of an apartment in 87501 is $1,670 per month. This is about 13% lower than the national average.
- What is the average rent of a house in 87501?The average rent of a house in 87501 is $3,600 per month. This is about 87% higher than the national average.
- What is the average rent of a townhome in 87501?The average rent of a townhome in 87501 is $3,100 per month. This is about 61% higher than the national average.
- When is the average rent cheapest in 87501?In the last year, the average rent in 87501 was lowest in Mar 2025 when it was $2,500 per month.
- When is the average rent most expensive in 87501?In the last year, the average rent in 87501 was highest in May 2025 when it was $3,200 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in 87501?The average rent of a 1 bedroom apartment in 87501 is $2,000 per month. That is about $33 more than the cost of a studio apartment.
- How many available rental listings are in 87501?There are 108 available rental listings in 87501.
- What are some cities near 87501?