Cheap Apartments for Rent in 88242

1 rentals

Apartments For Rent Near 88242

We found 21 more apartments matching your filters just outside 88242

Average Rent Trends in 88242

Rent in 88242 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent stayed about the same in May 2026 compared to the previous month. Rent previously peaked in Sep 2025.
MonthAverage rent
Jun 2025$1,733
Jul 2025$2,342
Aug 2025$2,385
Sep 2025$2,500
Oct 2025$2,190
Nov 2025$2,084
Dec 2025$1,992
Jan 2026$2,500
Feb 2026$2,500
Mar 2026$2,500
Apr 2026$1,828
May 2026$1,820
View as a graph

Average Rent By Bedroom and Home Type

1 bed2 beds3 beds4 bedsAll
All home types—$1,937$2,200—$2,200
Houses——$2,200—$2,500

Frequently Asked Questions about Rentals in 88242

  • What is the average rent in 88242?
    The average rent in 88242 is $1,865. Rent prices range from $1,799 to as much as $3,355, depending on the type of rental.
  • How does the rent in 88242 compare to the national average?
    Average rent in 88242 is about 2% lower than the national average rent of $1,910. That means it is less expensive to rent in 88242 compared to the U.S. average.
  • What is the average rent in 88242, by number of bedrooms?
    The average rent in 88242 is $2,500 for a studio, $ for a 1 bedroom, $1,815 for a 2 bedroom, $2,090 for a 3 bedroom, and $ for a 4 bedroom.
  • How have rent prices in 88242 changed compared to last year?
    In the past year, the average rent price in 88242 has decreased by $459. That means the average rent is 25% lower than last year.
  • How many available rental listings are in 88242?
    There are 2 available rental listings in 88242.
  • What are some cities near 88242?
    Some nearby cities include: Hobbs, Denver City, Lovington, Monument, McDonald, Seminole. These cities may have more rental options to explore.