Cheap Apartments for Rent in 87701
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Average Rent Trends in 87701
Rent in 87701 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent decreased in Jun 2026 compared to the previous month. Rent previously peaked in Aug 2025.
| Month | Average rent |
|---|---|
| Jul 2025 | $1,025 |
| Aug 2025 | $1,250 |
| Sep 2025 | $1,250 |
| Oct 2025 | $1,156 |
| Nov 2025 | $975 |
| Dec 2025 | $925 |
| Jan 2026 | $975 |
| Feb 2026 | $975 |
| Mar 2026 | $925 |
| Apr 2026 | $1,225 |
| May 2026 | $1,300 |
| Jun 2026 | $850 |
Average Rent By Bedroom and Home Type
In June 2026, Apartments and Condos were the most affordable home type to rent compared with Houses.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $875 | $1,375 | $1,400 | $2,200 | $1,375 |
| Apartments and Condos | $875 | $1,375 | — | — | $1,375 |
| Houses | — | $1,800 | $1,400 | $2,200 | $1,800 |
Frequently Asked Questions about Rentals in 87701
- What is the average rent of an apartment in 87701?The average rent of an apartment in 87701 is $1,375 per month. This is about 30% lower than the national average.
- What is the average rent of a house in 87701?The average rent of a house in 87701 is $1,800 per month. This is about 8% lower than the national average.
- When is the average rent cheapest in 87701?In the last year, the average rent in 87701 was lowest in Dec 2025 when it was $925 per month.
- When is the average rent most expensive in 87701?In the last year, the average rent in 87701 was highest in Aug 2025 when it was $1,250 per month.
- How many available rental listings are in 87701?There are 3 available rental listings in 87701.
- What are some cities near 87701?Some nearby cities include: Las Vegas, Serafina, Watrous, Sapello, Anton Chico, Buena Vista. These cities may have more rental options to explore.