Cheap Apartments for Rent in 87506

40 rentals

Apartments For Rent Near 87506

We found 30 more apartments matching your filters just outside 87506

Average Rent Trends in 87506

Rent in 87506 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent increased in Sep 2026 compared to the previous month. Rent previously peaked in Jan 2025.
MonthAverage rent
Oct 2025$3,500
Nov 2025$3,500
Dec 2025$2,700
Jan 2026$2,600
Feb 2026$3,099
Mar 2026$3,500
Apr 2026$3,099
May 2026$6,000
Jun 2026$6,000
Jul 2026$3,800
Aug 2026$3,200
Sep 2026$4,700
View as a graph

Average Rent By Bedroom and Home Type

In October 2026, Apartments and Condos were the most affordable home type to rent compared with Houses and Townhomes.
1 bed2 beds3 beds4 bedsAll
All home types$2,250$2,700$5,700$12,500$3,000
Townhomes——$6,950—$6,950
Apartments and Condos$1,800$2,650$3,000$13,000$2,650
Houses$2,295$2,700$5,700$8,250$5,000

Frequently Asked Questions about Rentals in 87506

  • What is the average rent of an apartment in 87506?
    The average rent of an apartment in 87506 is $2,659 per month. This is about 37% higher than the national average.
  • What are the cheapest months to find an apartment to rent in 87506?
    Last year, the cheapest month to find an apartment to rent was Dec 2025 when it was $2,700 per month.
  • How many cheap apartments are available in 87506?
    There are 19 apartments to rent that are cheaper than the city’s average rent of $3,000.
  • When is the average rent most expensive in 87506?
    In the last year, the average rent in 87506 was highest in Jan 2025 when it was $5,000 per month.
  • How does the rent of a 1 bedroom apartment compare to a studio apartment in 87506?
    The average rent of a 1 bedroom apartment in 87506 is $2,250 per month. That is about $450 more than the cost of a studio apartment.
  • What are some cities near 87506?
    Some nearby cities include: Santa Fe, Santa Cruz, Chimayo, Glorieta, Los Alamos, Tererro. These cities may have more rental options to explore.
View this page in Spanish: Apartamentos baratos en renta en los alrededores de 87506 - 388 Rentas | Trulia