Cheap Apartments for Rent in 87507
81 rentals
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SPECIAL OFFERPET FRIENDLY$1,483 - $2,100/mo
1-3 Beds
1-2 BathsCamino Real Apartments | 3480 Todos Santos St,
Santa Fe, NM 87507
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PET FRIENDLYTotal price$1,625 - $2,199/mo2-4 Beds2 BathsThe Bluffs at Tierra Contenta | 6600 Jaguar Dr,
Santa Fe, NM 87507
SPECIAL OFFERPET FRIENDLY$1,629 - $2,783/mo1-3 Beds1-2 BathsCielo Luxury Living Apartments | 5200 Beckner Rd,
Santa Fe, NM 87507
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Average Rent Trends in 87507
Rent in 87507 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent decreased in Sep 2026 compared to the previous month. Rent previously peaked in Jul 2025.
| Month | Average rent |
|---|---|
| Oct 2025 | $2,381 |
| Nov 2025 | $2,595 |
| Dec 2025 | $2,300 |
| Jan 2026 | $2,186 |
| Feb 2026 | $2,500 |
| Mar 2026 | $2,500 |
| Apr 2026 | $2,375 |
| May 2026 | $2,118 |
| Jun 2026 | $2,250 |
| Jul 2026 | $2,181 |
| Aug 2026 | $2,160 |
| Sep 2026 | $2,095 |
Average Rent By Bedroom and Home Type
In October 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 | $1,692 | $1,900 | $2,700 | $3,000 | $2,124 |
| Townhomes | $2,400 | $2,000 | $2,500 | — | $2,400 |
| Apartments and Condos | $1,550 | $1,650 | $800 | $3,000 | $1,695 |
| Houses | $2,400 | $2,000 | $3,100 | $3,000 | $2,950 |
Frequently Asked Questions about Rentals in 87507
- What is the average rent of an apartment in 87507?The average rent of an apartment in 87507 is $2,040 per month. This is about 5% higher than the national average.
- What are the cheapest months to find an apartment to rent in 87507?Last year, the cheapest month to find an apartment to rent was Dec 2025 when it was $2,300 per month.
- How many cheap apartments are available in 87507?There are 40 apartments to rent that are cheaper than the city’s average rent of $2,124.
- When is the average rent most expensive in 87507?In the last year, the average rent in 87507 was highest in Jul 2025 when it was $2,700 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in 87507?The average rent of a 1 bedroom apartment in 87507 is $1,692 per month. That is about $242 more than the cost of a studio apartment.
- What are some cities near 87507?Some nearby cities include: Pena Blanca, Santa Fe, Cochiti Lake, Santo Domingo Pueblo, Cerrillos, Los Alamos. These cities may have more rental options to explore.
View this page in Spanish: Apartamentos baratos en renta en 87507 - 293 Rentas | Trulia