How many apartments are available in 87124 on Rentable.co?

Rentable.co has 32 apartments available for rent in 87124.

What is the average rent for an apartment in 87124?

The average rent for an apartment in 87124 is around $1,650 per month.

What is the average rent for a two-bedroom apartment in 87124?

The average rent for a two-bedroom apartment in 87124 is around $1,560 per month.

What is the average rent for a one-bedroom apartment in 87124?

The average rent for a one-bedroom apartment in 87124 is around $1,270 per month.

What is the average rent for a studio apartment in 87124?

The average rent for a studio apartment in 87124 is around $1,762 per month.

Apartments in 87124

Rio Rancho:
November Rent Report

Welcome to the November 2026 Rio Rancho Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the November 2026 key findings and figures for the Rio Rancho rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Rio Rancho 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 Rio Rancho average rent prices in the chart below.

Monthly Rent Report

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1 BR 2 BR

Rio Rancho Rent Prices Decrease From October to November

Rio Rancho rent prices decreased over the last month. From October to November, the city experienced a 0% decrease for the price of a one-bedroom apartment. The rent price for a Rio Rancho one-bedroom apartments currently stands at $.

When we take a look at the two-bedroom comparison from October to November, Rio Rancho experienced a 0% decrease for the price of a two-bedroom apartment. The rent price for a Rio Rancho two-bedroom apartments currently stands at $.

November Prices: Rio Rancho vs. Surrounding Areas

Rent Prices in Rio Rancho and Surrounding Areas

Rent prices have decreased in Rio Rancho 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 Rio Rancho 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 Rio Rancho suburbs
Rents did not decrease in any of the Rio Rancho suburbs.

November 2026 Pricing Trends: Rio Rancho vs. National Comparisons

Rio Rancho Rent Prices More Affordable Than Major Cities

Rent growth in Rio Rancho over the past year has been declining. When compared to major cities nearby, along with some of the most expensive cities in the country, Rio Rancho average rent prices appear to be relatively affordable for local residents.

The price for a Rio Rancho 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 Rio Rancho and surrounding area rent prices, take a look at the complete data set below.

Data set for Rio Rancho and suburbs

	1 BR November	1 BR M/M % Change	2 BR November	2 BR M/M % Change

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.