Cheap Apartments for Rent in 87901
22 rentals
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Apartments For Rent Near 87901
We found 8 more apartments matching your filters just outside 87901
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Average Rent Trends in 87901
Rent in 87901 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 May 2025.
| Month | Average rent |
|---|---|
| Jun 2025 | $950 |
| Jul 2025 | $895 |
| Aug 2025 | $895 |
| Sep 2025 | $1,250 |
| Oct 2025 | $950 |
| Nov 2025 | $1,000 |
| Dec 2025 | $1,150 |
| Jan 2026 | $775 |
| Feb 2026 | $900 |
| Mar 2026 | $900 |
| Apr 2026 | $950 |
| May 2026 | $895 |
Average Rent By Bedroom and Home Type
In May 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 | $950 | $1,250 | $825 | — | $1,000 |
| Apartments and Condos | $950 | $1,595 | — | — | $895 |
| Houses | $1,100 | $1,217 | $825 | — | $1,217 |
Frequently Asked Questions about Rentals in 87901
- What is the average rent in 87901?The average rent in 87901 is $895. Rent prices range from $750 to as much as $1,595, depending on the type of rental.
- How does the rent in 87901 compare to the national average?Average rent in 87901 is about 53% lower than the national average rent of $1,910. That means it is less expensive to rent in 87901 compared to the U.S. average.
- What is the average rent in 87901, by number of bedrooms?The average rent in 87901 is $850 for a studio, $950 for a 1 bedroom, $1,200 for a 2 bedroom, $825 for a 3 bedroom, and $ for a 4 bedroom.
- How have rent prices in 87901 changed compared to last year?In the past year, the average rent price in 87901 has decreased by $405. That means the average rent is 45% lower than last year.
- How many available rental listings are in 87901?There are 17 available rental listings in 87901.
- What are some cities near 87901?Some nearby cities include: Truth or Consequences, Elephant Butte, Williamsburg, Rincon, Caballo, Garfield. These cities may have more rental options to explore.