Cheap Apartments for Rent in 88345

36 rentals

Apartments For Rent Near 88345

We found 6 more apartments matching your filters just outside 88345

Average Rent Trends in 88345

Rent in 88345 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent increased in Sep 2026 compared to the previous month. Rent previously peaked in Jan 2025.
MonthAverage rent
Oct 2025$1,600
Nov 2025$1,600
Dec 2025$1,600
Jan 2026$1,700
Feb 2026$1,650
Mar 2026$1,800
Apr 2026$1,700
May 2026$1,700
Jun 2026$1,611
Jul 2026$1,800
Aug 2026$1,575
Sep 2026$1,600
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Average Rent By Bedroom and Home Type

In October 2026, Townhomes were the most affordable home type to rent compared with Houses and Apartments and Condos.
1 bed2 beds3 beds4 bedsAll
All home types$975$1,550$1,900$2,295$1,600
Townhomes$975$1,725$1,925—$1,175
Apartments and Condos—$1,600$1,900$2,295$1,900
Houses—$1,400$1,800$2,500$1,500

Frequently Asked Questions about Rentals in 88345

  • What is the average rent of an apartment in 88345?
    The average rent of an apartment in 88345 is $1,488 per month. This is about 24% lower than the national average.
  • What are the cheapest months to find an apartment to rent in 88345?
    Last year, the cheapest month to find an apartment to rent was Jul 2025 when it was $1,550 per month.
  • How many cheap apartments are available in 88345?
    There are 20 apartments to rent that are cheaper than the city’s average rent of $1,600.
  • When is the average rent most expensive in 88345?
    In the last year, the average rent in 88345 was highest in Jan 2025 when it was $2,300 per month.
  • How does the rent of a 1 bedroom apartment compare to a studio apartment in 88345?
    The average rent of a 1 bedroom apartment in 88345 is $975 per month. That is about $25 more than the cost of a studio apartment.
  • What are some cities near 88345?
    Some nearby cities include: Ruidoso, Alto, Ruidoso Downs, Mescalero, Nogal, Glencoe. These cities may have more rental options to explore.