State

Average Rent in New Mexico

New Mexico is a state in United States. It ranks #36 out of 53 for places to rent. Dwellsy has rental data for 21 metropolitan areas in New Mexico, 27 counties,

the congressional districts of

District 01, District 02, District 03, 88 zip codes, and 61 cities with places to rent.

The average rent over the last 3 months for places in New Mexico is $1,475 which represents an increase of 0.21% over the same period.

The most expensive metropolitan area in New Mexico to rent places is Taos, NM MSA with an average rent of $2,750. The least expensive metropolitan area in New Mexico to rent places is Deming, NM MSA with an average rent of $799.

The most expensive county in New Mexico to rent places is Taos County with an average rent of $2,750. The least expensive county in New Mexico to rent places is Quay County with an average rent of $650.

The most expensive zip code in New Mexico to rent places is 87506 with an average rent of $7,864. The least expensive zip code in New Mexico to rent places is 88311 with an average rent of $625.

The most expensive city in New Mexico to rent places is Cedar Crest, NM with an average rent of $6,000. The least expensive city in New Mexico to rent places is Tucumcari, NM with an average rent of $650.

Rental Price Comparison

The average rent for places in state New Mexico currently stands at $1,475.

In comparison, places in the largest county, specifically Bernalillo, is less expensive, with an average rent of $1,350. This represents a difference of -8% when compared to New Mexico.

Meanwhile, in the largest msa of Albuquerque, NM MSA, the average rent for the same type of housing is $1,405, showing a less expensive of -5% from our subject location.

On a national scale, the average rent for a similar places across the United States is $1,870. This constitutes a more expensive by +27% when compared to the rent in New Mexico.

$1,475

New Mexico

VS

$1,350

-8%

Bernalillo, county

$1,405

-5%

Albuquerque, NM MSA, msa

$1,870

+27%

USA, us

Average price for rental listings over the last 3 months. Last updated June 28 2026

Metropolitan Areas in New Mexico

Top 10 by Average Rent for places

Taos, NM MSA$2,750

Los Alamos, NM MSA$2,526

Santa Fe, NM MSA$2,187

Alamogordo, NM MSA$1,937

Carlsbad-Artesia, NM MSA$1,884

Hobbs, NM MSA$1,563

Espanola, NM MSA$1,541

Farmington, NM MSA$1,488

Ruidoso, NM MSA$1,461

Albuquerque, NM MSA$1,405

Cheapest 10 by Average Rent for places

Las Cruces, NM MSA$1,363

Roswell, NM MSA$1,267

Clovis, NM MSA$1,253

Gallup, NM MSA$1,181

Las Vegas, NM MSA$1,144

Silver City, NM MSA$1,033

Portales, NM MSA$892

Grants, NM MSA$841

Deming, NM MSA$799

Counties in New Mexico

Top 10 by Average Rent for places

Taos County$2,750

Los Alamos County$2,526

Torrance County$2,222

Santa Fe County$2,185

Otero County$1,937

Valencia County$1,906

Eddy County$1,884

Sandoval County$1,862

Sierra County$1,654

Rio Arriba County$1,592

Cheapest 10 by Average Rent for places

Curry County$1,253

McKinley County$1,181

Grant County$1,033

Socorro County$1,000

Roosevelt County$892

Colfax County$860

Union County$857

Cibola County$841

Luna County$799

Quay County$650

Zip Codes in New Mexico

Top 10 by Average Rent for places

87506$7,864

87008$6,000

88063$3,600

88337$3,506

87508$3,310

87048$2,949

87113$2,927

88256$2,900

87571$2,750

87122$2,746

Cheapest 10 by Average Rent for places

Cities in New Mexico

Top 10 by Average Rent for places

Cedar Crest, NM$6,000

Sunland Park, NM$3,600

La Luz, NM$3,506

Corrales, NM$2,949

Loving, NM$2,900

White Rock, NM$2,656

Los Alamos, NM$2,519

Bernalillo, NM$2,471

Jemez Springs, NM$2,350

Cheapest 10 by Average Rent for places

Socorro, NM$1,000

Mesilla Park, NM$955

Carrizozo, NM$938

Portales, NM$892

Clayton, NM$857

Tucumcari, NM$650

Congressional Districts in New Mexico

District 01, NM

District 02, NM

District 03, NM

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