Apartments in 87508

5 rentals

Apartments For Rent Near 87508

We found 30 more apartments matching your filters just outside 87508

Average Rent Trends in 87508

Rent in 87508 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent decreased in May 2026 compared to the previous month. Rent previously peaked in Nov 2025.
MonthAverage rent
Jun 2025$1,650
Jul 2025$1,700
Aug 2025$1,400
Sep 2025$1,850
Oct 2025$1,913
Nov 2025$1,930
Dec 2025$1,850
Jan 2026$1,675
Feb 2026$1,600
Mar 2026$1,600
Apr 2026$1,850
May 2026$1,524
View as a graph

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 bed2 beds3 beds4 bedsAll
All home types$1,739$2,750$3,400$3,700$3,122
Townhomes——$2,345$3,533$2,345
Apartments and Condos$1,550—$1,825—$1,550
Houses$2,500$2,706$3,500$4,000$3,511

Frequently Asked Questions about Apartments and Condos for rent in 87508

  • What is the average rent of an apartment in 87508?
    The average rent of an apartment in 87508 is $1,499 per month. This is about 22% lower than the national average.
  • When is the average rent cheapest in 87508?
    In the last year, the average rent in 87508 was lowest in Aug 2025 when it was $1,400 per month.
  • When is the average rent most expensive in 87508?
    In the last year, the average rent in 87508 was highest in Nov 2025 when it was $1,930 per month.
  • How does the rent of a 1 bedroom apartment compare to a studio apartment in 87508?
    The average rent of a 1 bedroom apartment in 87508 is $1,250 per month. That is about $735 less than the cost of a studio apartment.
  • How many apartments or condos are available to rent in 87508?
    There are 5 available apartments or condos to rent in 87508.
  • What are some cities near 87508?
    Some nearby cities include: Lamy, Rowe, Santa Fe, Cerrillos, Glorieta, San Jose. These cities may have more rental options to explore.