Last updated May 21, 2026
Average Rent in New Mexico (2026)
Average rent across New Mexico is $1,558/mo as of May 2026, based on 873 units tracked daily across 3 cities and 79 apartment communities. Rents are down $334 (18.4%) compared to 30 days ago. Prices range from $709 to $3,060.
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 | $1,571 | -$332 | 782 | $709 |
| Las Cruces | $1,423 | +$45 | 65 | $723 |
| Rio Rancho | $1,505 | -$274 | 26 | $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 | $1,429 | $725 | $2,750 | 324 |
| 2 Bedroom | $1,635 | $709 | $3,060 | 407 |
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.
Explore New Mexico apartments on the map
See apartment locations, neighborhood boundaries, and rent data interactively.
Open Interactive MapNew Mexico Rent FAQ
What is the average rent in New Mexico?
The average rent in New Mexico is $1,558 per month as of May 2026, based on 873 units tracked across 3 cities.
Which New Mexico city has the cheapest rent?
Rio Rancho has the lowest average rent in New Mexico at $1,505 per month, with units starting from $1,056.
Are rents going up or down in New Mexico?
Rents in New Mexico have decreased by $334 (18.4%) 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 $1,429 per month, with 324 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 $1,571 per month.
How many apartments are available in New Mexico?
We track 873 individual units across 79 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.