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 increased in May 2026 compared to the previous month. Rent previously peaked in Aug 2025.
| Month | Average rent |
|---|---|
| Jun 2025 | $1,100 |
| 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 |
Average Rent By Bedroom and Home Type
In May 2026, Houses were the most affordable home type to rent compared with Apartments and Condos.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $850 | $1,225 | $1,300 | — | $1,278 |
| Apartments and Condos | $1,500 | $1,225 | — | — | $1,225 |
| Houses | — | $1,200 | $1,300 | — | $1,200 |
Frequently Asked Questions about Rentals in 87701
- What is the average rent in 87701?The average rent in 87701 is $1,300. Rent prices range from $1,225 to as much as $1,375, depending on the type of rental.
- How does the rent in 87701 compare to the national average?Average rent in 87701 is about 32% lower than the national average rent of $1,910. That means it is less expensive to rent in 87701 compared to the U.S. average.
- What is the average rent in 87701, by number of bedrooms?The average rent in 87701 is $ for a studio, $1,500 for a 1 bedroom, $1,225 for a 2 bedroom, $1,300 for a 3 bedroom, and $ for a 4 bedroom.
- How have rent prices in 87701 changed compared to last year?In the past year, the average rent price in 87701 has increased by $150. That means the average rent is 12% higher than last year.
- 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.