What's the average rent in Farmington, NM?

Rental Market Trends in Farmington, NM

SOURCE: TRULIA DATA

Rental market highlights

As of August 2026, the average rent in Farmington, NM is $1,600 per month, which is 18% lower than the national average rent of $1,962 per month.

AVERAGE RENT

$1,600

33.3%$400 increase month-over-month

7.7%$115 increase year-over-year

AVAILABLE RENTALS

APARTMENTS

$972

HOUSES

$1,800

TOWNHOUSES

$1,633

As of August 2026, apartments are the most affordable rental option in Farmington, NM at $972 per month, while houses are the most expensive at $1,800 per month. Townhomes average $1,633 per month, offering a mid-range alternative for renters.

Average rent by number of bedrooms

Floor plan type	Average rent
1 Bedroom	$900
2 Bedrooms	$1,600
3 Bedrooms	$1,800
4 Bedrooms	$2,400
All	$1,600

As of August 2026, the average rent for a 1 bedroom rental in Farmington, NM is $900 per month, followed by $1,600 for a 2 bedroom rental, $1,800 for a 3 bedroom rental, and $2,400 for a 4 bedroom rental.

Floor plan type	Average rent
1 Bedroom	$900
2 Bedrooms	$1,650
3 Bedrooms	$1,900
4 Bedrooms	—
All	$994

As of August 2026, the average rent for a 1 bedroom apartment in Farmington, NM is $900 per month, followed by $1,650 for a 2 bedroom apartment, and $1,900 for a 3 bedroom apartment.

Floor plan type	Average rent
1 Bedroom	—
2 Bedrooms	$2,300
3 Bedrooms	$1,800
4 Bedrooms	$2,400
All	$1,800

As of August 2026, the average rent for a 2 bedroom house in Farmington, NM is $2,300 per month, followed by $1,800 for a 3 bedroom house, and $2,400 for a 4 bedroom house.