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Last updated June 3, 2026

Average Rent in New Mexico (2026)

Average rent across New Mexico is $1,551/mo as of June 2026, based on 852 units tracked daily across 3 cities and 78 apartment communities. Rents are up $3 (0.2%) compared to 30 days ago. Prices range from $709 to $3,060.

$1,551
Avg Rent/mo
852
Units Tracked
3
Cities
+$3
30-Day Change

Explore New Mexico Cities

Marker size scales with tracked inventory. Click a city to open its rent trend page.

Marker size scales with tracked inventory. 3 New Mexico cities plotted. Tap or hover a bubble for the city name.

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New Mexico Rent by City

Cities ranked by tracked inventory depth, biggest first. Prices come from our proprietary data sourcing, refreshed daily.

City Avg Rent 30d Change Units From
Albuquerque $1,563 +$3 765 $709
Las Cruces $1,410 +$54 52 $895
Rio Rancho $1,485 -$241 35 $1,056

Which New Mexico Cities Are Getting Cheaper?

30-day percent change in asking rent across New Mexico cities. Green bars dropped, red bars rose. Showing the 3 biggest movers.

Rent by Bedroom Type

Average rent in New Mexico broken down by apartment size. Only bedroom buckets with 100+ tracked units are shown so every row is backed by meaningful sample size.

Type Avg Rent From Up To Units
1 Bedroom $1,424 $794 $2,750 325
2 Bedroom $1,635 $709 $3,060 403

3 bedroom buckets hidden with fewer than 100 tracked units.

New Mexico Rent Trend Over Time

Average rent trend across all tracked New Mexico apartments.

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Explore New Mexico apartments on the map

See apartment locations, neighborhood boundaries, and rent data interactively.

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New Mexico Rent FAQ

What is the average rent in New Mexico?

The average rent in New Mexico is $1,551 per month as of June 2026, based on 852 units tracked across 3 cities.

Which New Mexico city has the cheapest rent?

Rio Rancho has the lowest average rent in New Mexico at $1,485 per month, with units starting from $1,056.

Are rents going up or down in New Mexico?

Rents in New Mexico have increased by $3 (0.2%) over the last 30 days.

How much is a 1-bedroom apartment in New Mexico?

The average rent for a 1-bedroom apartment in New Mexico is $1,424 per month, with 325 units available.

What is the most expensive city in New Mexico?

Albuquerque is the most expensive city in New Mexico with an average rent of $1,563 per month.

How many apartments are available in New Mexico?

We track 852 individual units across 78 apartment communities in 3 New Mexico cities. Prices are updated daily.

What is the average rent for a studio in New Mexico?

Studio data is currently being collected.

How often are New Mexico rent prices updated?

Our proprietary data sourcing refreshes real asking prices every morning. All New Mexico rent data is updated daily, giving you the most current pricing available.

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