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, 26 counties,
the congressional districts of
District 01, District 02, District 03, 90 zip codes, and 64 cities with places to rent.
The average rent over the last 3 months for places in New Mexico is $1,467 which represents a decrease of -1.02% over the same period.

The most expensive metropolitan area in New Mexico to rent places is Los Alamos, NM MSA with an average rent of $2,550. The least expensive metropolitan area in New Mexico to rent places is Deming, NM MSA with an average rent of $777.

The most expensive county in New Mexico to rent places is Los Alamos County with an average rent of $2,550. The least expensive county in New Mexico to rent places is Luna County with an average rent of $777.

The most expensive zip code in New Mexico to rent places is 87506 with an average rent of $7,380. The least expensive zip code in New Mexico to rent places is 88311 with an average rent of $606.

The most expensive city in New Mexico to rent places is Loving, NM with an average rent of $3,638. The least expensive city in New Mexico to rent places is Hope, NM with an average rent of $675.

Rental Price Comparison

The average rent for places in state New Mexico currently stands at $1,467.
In comparison, places in the largest county, specifically Bernalillo, is less expensive, with an average rent of $1,344. 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 $1,403, showing a less expensive of -4% from our subject location.
On a national scale, the average rent for a similar places across the United States is $1,878. This constitutes a more expensive by +28% when compared to the rent in New Mexico.
$1,467
New Mexico
VS
$1,344
-8%
Bernalillo, county
$1,403
-4%
Albuquerque, NM MSA, msa
$1,878
+28%
USA, us

Average price for rental listings over the last 3 months. Last updated July 19 2026

Metropolitan Areas in New Mexico

Top 10 by Average Rent for places

Los Alamos, NM MSA$2,550
Taos, NM MSA$2,462
Santa Fe, NM MSA$2,165
Alamogordo, NM MSA$1,835
Carlsbad-Artesia, NM MSA$1,775
Espanola, NM MSA$1,550
Hobbs, NM MSA$1,528
Ruidoso, NM MSA$1,501
Farmington, NM MSA$1,456
El Paso, TX MSA$1,406

Cheapest 10 by Average Rent for places

Las Cruces, NM MSA$1,364
Roswell, NM MSA$1,271
Clovis, NM MSA$1,231
Las Vegas, NM MSA$1,180
Gallup, NM MSA$1,165
Silver City, NM MSA$1,119
NM NON MSA$1,006
Portales, NM MSA$886
Grants, NM MSA$840
Deming, NM MSA$777

Counties in New Mexico

Top 10 by Average Rent for places

Los Alamos County$2,550
Taos County$2,462
Torrance County$2,333
Santa Fe County$2,166
Sierra County$2,063
Valencia County$1,945
Sandoval County$1,844
Otero County$1,835
Eddy County$1,775
Rio Arriba County$1,571

Cheapest 10 by Average Rent for places

Chaves County$1,271
Curry County$1,231
McKinley County$1,165
Grant County$1,119
Socorro County$1,000
Union County$892
Roosevelt County$886
Colfax County$868
Cibola County$840
Luna County$777

Zip Codes in New Mexico

Top 10 by Average Rent for places

87506$7,380
88256$3,638
88063$3,600
87048$3,366
87508$3,286
87113$3,112
88337$2,847
87015$2,800
87122$2,774
87547$2,678

Cheapest 10 by Average Rent for places

88047$905
88301$898
88415$892
88130$886
87740$868
87020$807
88231$800
88030$777
88250$675
88311$606

Cities in New Mexico

Top 10 by Average Rent for places

Loving, NM$3,638
Sunland Park, NM$3,600
Corrales, NM$3,366
La Luz, NM$2,847
Edgewood, NM$2,800
White Rock, NM$2,678
Los Alamos, NM$2,543
Williamsburg, NM$2,500
Taos, NM$2,462
Elephant Butte, NM$2,421

Cheapest 10 by Average Rent for places

Truth or Consequences, NM$950
Mesilla Park, NM$905
Carrizozo, NM$898
Clayton, NM$892
Portales, NM$886
Raton, NM$868
Grants, NM$807
Eunice, NM$800
Deming, NM$777
Hope, NM$675

Congressional Districts in New Mexico

District 01, NM
District 02, NM
District 03, NM
Dwellsy
Company
Careers
Newsroom
About Us
Blog
List With Us
Dwellsy Products
IQ
Comp Report
Go Ad-free
Rent Maps
Rental Browser
Support
FAQ
Get Support
Everything Renting
Legal
Privacy Policy
Do Not Sell
Reporting Vulnerabilities
Terms of Service
Equal Housing
Equal Housing OpportunityEqual Housing Opportunity