How many apartments are available in 88012 on Rentable.co?
Rentable.co has 35 apartments available for rent in 88012.
What is the average rent for an apartment in 88012?
The average rent for an apartment in 88012 is around $1,750 per month.
What is the average rent for a two-bedroom apartment in 88012?
The average rent for a two-bedroom apartment in 88012 is around $995 per month.
Find an Apartment in 88012
Looking for apartments for rent in 88012 Las Cruces, NM? Rentable has a variety of options available in this area. Currently, there are 35 units available for rent in the 88012 zip code. The average rent in this area is $1,750, with 2-bedroom units starting at $995.
If you're looking for apartments near 88012, consider checking out Rentable's listings in this area. Whether you're searching for a studio, one-bedroom, or larger unit, Rentable has options that will fit your needs. Don't miss out on finding your perfect rental in Las Cruces, NM.
Las Cruces: November Rent Report
Welcome to the November 2024 Las Cruces Apartment Report. In this assessment of
the local rental market, Rentable data scientists and rental experts break down the
November 2024 key findings and figures for the Las Cruces rental landscape.
Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in
Las Cruces and surrounding areas and provide comparisons to the entire metro area, nearby cities and
some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of
Las Cruces average rent prices in the chart below.
Monthly Rent Report
$1,550
$1,160
$780
$390
$0
Dec. 2023
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
May. 2024
Jun. 2024
Jul. 2024
Aug. 2024
Sep. 2024
Oct. 2024
Nov. 2024
1 BR2 BR
Las Cruces Rent Prices Increase From October to November
Las Cruces rent prices increased over the last month. From October to November, the city experienced a 5.92% increase for the price of a one-bedroom apartment. The rent price for a Las Cruces one-bedroom apartments currently stands at $1,074.0.
When we take a look at the two-bedroom comparison from October to November, Las Cruces experienced a 10.31% increase for the price of a two-bedroom apartment. The rent price for a Las Cruces two-bedroom apartments currently stands at $1,209.0.
November Prices: Las Cruces vs. Surrounding Areas
Las Cruces, NM
$1,014
$0
$350
$700
$1,050
$1,400
Median 1 BR Rent
Rent Prices in Las Cruces and Surrounding Areas
Rent prices have increased in Las Cruces over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 0 of the Las Cruces suburbs increased last month. On the other hand, 0 local areas experienced a decrease in the price of a one-bedroom apartment.
More key findings include:
Rents did not increase in any of the Las Cruces suburbs
Rents did not decrease in any of the Las Cruces suburbs.
November 2024 Pricing Trends: Las Cruces vs. National Comparisons
New York, NY
San Francisco, CA
Los Angeles, CA
Washington, DC
Chicago, IL
Columbus, OH
Minneapolis, MN
Pittsburgh, PA
Las Cruces, NM
$4,211
$3,115
$2,373
$2,354
$1,903
$1,338
$1,246
$1,202
$1,014
$0
$1,400
$2,800
$4,200
$5,600
Median Rent
Las Cruces Rent Prices More Affordable Than Major Cities
Rent growth in Las Cruces over the past year has been
on the rise. When compared to major cities nearby, along
with some of the most expensive cities in the country, Las Cruces average rent prices appear to be
relatively affordable for local residents.
The price for a Las Cruces one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.
For more information about Las Cruces and surrounding area rent prices, take a look at the complete data set below.
Data set for Las Cruces and suburbs
1 BR November
1 BR M/M % Change
2 BR November
2 BR M/M % Change
Las Cruces, NM
$1,014.0
8.68%
$1,096.0
6.62%
Methodology
Each month, using over 1 million Rentable listings across the United States, we calculate the median
1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To
avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and
property count thresholds.