Cheap Apartments for Rent in 88232

1 rentals

  • 494 Choctaw Rd, Hagerman, NM 88232
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    APPLY INSTANTLY
    PET FRIENDLY
    $885/mo
    2 Beds
    1 Bath
    784 sqft
    494 Choctaw Rd,
    Hagerman, NM 88232

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    88232
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Apartments For Rent Near 88232

We found 30 more apartments matching your filters just outside 88232

Average Rent Trends in 88232

Rent in 88232 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 Sep 2025.
MonthAverage rent
Sep 2025$1,393
May 2026$1,200
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Average Rent By Bedroom and Home Type

1 bed2 beds3 beds4 bedsAll
All home types—$1,165——$1,165
Houses—$1,130——$1,130

Frequently Asked Questions about Rentals in 88232

  • What is the average rent in 88232?
    The average rent in 88232 is $1,165. Rent prices range from $885 to as much as $885, depending on the type of rental.
  • How does the rent in 88232 compare to the national average?
    Average rent in 88232 is about 39% lower than the national average rent of $1,910. That means it is less expensive to rent in 88232 compared to the U.S. average.
  • What is the average rent in 88232, by number of bedrooms?
    The average rent in 88232 is $ for a studio, $ for a 1 bedroom, $1,165 for a 2 bedroom, $ for a 3 bedroom, and $ for a 4 bedroom.
  • How have rent prices in 88232 changed compared to last year?
    In the past year, the average rent price in 88232 has increased by $1,165. That means the average rent is 100% higher than last year.
  • How many available rental listings are in 88232?
    There are 1 available rental listings in 88232.
  • What are some cities near 88232?
    Some nearby cities include: Hagerman, Lake Arthur, Dexter, Artesia, Hope, Roswell. These cities may have more rental options to explore.