Cheap Apartments for Rent in 87508

24 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 Sep 2026 compared to the previous month. Rent previously peaked in Jul 2025.
MonthAverage rent
Oct 2025$2,940
Nov 2025$2,590
Dec 2025$2,500
Jan 2026$3,200
Feb 2026$2,800
Mar 2026$3,194
Apr 2026$2,800
May 2026$3,160
Jun 2026$3,100
Jul 2026$2,585
Aug 2026$2,750
Sep 2026$2,700
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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 bed2 beds3 beds4 bedsAll
All home types$1,600$2,200$2,850$3,750$2,800
Townhomes——$2,750—$2,750
Apartments and Condos$1,600$2,200——$1,600
Houses$2,250$2,783$2,900$3,750$2,900

Frequently Asked Questions about Rentals in 87508

  • What is the average rent of an apartment in 87508?
    The average rent of an apartment in 87508 is $1,668 per month. This is about 14% lower than the national average.
  • What are the cheapest months to find an apartment to rent in 87508?
    Last year, the cheapest month to find an apartment to rent was Feb 2025 when it was $2,300 per month.
  • How many cheap apartments are available in 87508?
    There are 13 apartments to rent that are cheaper than the city’s average rent of $2,800.
  • When is the average rent most expensive in 87508?
    In the last year, the average rent in 87508 was highest in Jul 2025 when it was $3,250 per month.
  • 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.
View this page in Spanish: Apartamentos baratos en renta en los alrededores de 87508 - 392 Rentas | Trulia