What's the average rent in Farmington, NM?

Rental Market Trends in Farmington, NM

SOURCE: TRULIA DATA

Rental market highlights

As of May 2026, the average rent in Farmington, NM is $1,100 per month, which is 43% lower than the national average rent of $1,930 per month.

AVERAGE RENT

$1,100

0.0%No change month over month

-15.4%-$200 decrease year-over-year

AVAILABLE RENTALS

APARTMENTS

$932

HOUSES

$1,695

TOWNHOUSES

$900

As of May 2026, townhomes are the most affordable rental option in Farmington, NM at $900 per month, while houses are the most expensive at $1,695 per month. Apartments average $932 per month, offering a mid-range alternative for renters.

Average rent by number of bedrooms

Floor plan type	Average rent
1 Bedroom	$950
2 Bedrooms	$1,100
3 Bedrooms	$1,711
4 Bedrooms	$2,067
All	$1,100

As of May 2026, the average rent for a 1 bedroom rental in Farmington, NM is $950 per month, followed by $1,100 for a 2 bedroom rental, $1,711 for a 3 bedroom rental, and $2,067 for a 4 bedroom rental.

Floor plan type	Average rent
1 Bedroom	—
2 Bedrooms	—
3 Bedrooms	$1,711
4 Bedrooms	$750
All	$900

As of May 2026, the average rent for a 3 bedroom townhome in Farmington, NM is $1,711 per month, followed by $750 for a 4 bedroom townhome.

Floor plan type	Average rent
1 Bedroom	$950
2 Bedrooms	$1,050
3 Bedrooms	—
4 Bedrooms	—
All	$950

As of May 2026, the average rent for a 1 bedroom apartment in Farmington, NM is $950 per month, followed by $1,050 for a 2 bedroom apartment.

Floor plan type	Average rent
1 Bedroom	$1,100
2 Bedrooms	$1,100
3 Bedrooms	$1,895
4 Bedrooms	$2,100
All	$1,695

As of May 2026, the average rent for a 1 bedroom house in Farmington, NM is $1,100 per month, followed by $1,100 for a 2 bedroom house, $1,895 for a 3 bedroom house, and $2,100 for a 4 bedroom house.