Cheap Apartments for Rent in 87540

2 rentals

Apartments For Rent Near 87540

We found 30 more apartments matching your filters just outside 87540

Average Rent Trends in 87540

Rent in 87540 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 Jun 2025.
MonthAverage rent
May 2025$4,500
Jun 2025$5,975
Aug 2025$3,500
Sep 2025$4,000
Oct 2025$3,500
Nov 2025$5,000
Dec 2025$5,000
Jan 2026$2,000
Feb 2026$2,400
Mar 2026$2,400
Apr 2026$2,400
May 2026$3,600
View as a graph

Average Rent By Bedroom and Home Type

1 bed2 beds3 beds4 bedsAll
All home types—$3,600$4,750—$3,600
Houses—$3,600$4,750—$3,600

Frequently Asked Questions about Rentals in 87540

  • What is the average rent of a house in 87540?
    The average rent of a house in 87540 is $3,489 per month. This is about 81% higher than the national average.
  • When is the average rent cheapest in 87540?
    In the last year, the average rent in 87540 was lowest in Mar 2025 when it was $3,250 per month.
  • When is the average rent most expensive in 87540?
    In the last year, the average rent in 87540 was highest in Jun 2025 when it was $5,975 per month.
  • How many available rental listings are in 87540?
    There are 2 available rental listings in 87540.
  • What are some cities near 87540?
    Some nearby cities include: Lamy, Cerrillos, Rowe, Stanley, Santa Fe, San Jose. These cities may have more rental options to explore.