What's the average rent in Farmington, NM?

Rental Market Trends in Farmington, NM

SOURCE: TRULIA DATA

Rental market highlights

As of July 2026, the average rent in Farmington, NM is $1,200 per month, which is 38% lower than the national average rent of $1,951 per month.

AVERAGE RENT

$1,200

14.3%$150 increase month-over-month

-35.1%-$650 decrease year-over-year

AVAILABLE RENTALS

APARTMENTS

$1,022

HOUSES

$2,000

TOWNHOUSES

$1,950

As of July 2026, apartments are the most affordable rental option in Farmington, NM at $1,022 per month, while houses are the most expensive at $2,000 per month. Townhomes average $1,950 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	$1,495
3 Bedrooms	$2,000
4 Bedrooms	$2,400
All	$1,200

As of July 2026, the average rent for a 1 bedroom rental in Farmington, NM is $950 per month, followed by $1,495 for a 2 bedroom rental, $2,000 for a 3 bedroom rental, and $2,400 for a 4 bedroom rental.

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

Floor plan type	Average rent
1 Bedroom	$900
2 Bedrooms	$1,500
3 Bedrooms	—
4 Bedrooms	—
All	$1,020

As of July 2026, the average rent for a 1 bedroom apartment in Farmington, NM is $900 per month, followed by $1,500 for a 2 bedroom apartment.

Floor plan type	Average rent
1 Bedroom	$1,000
2 Bedrooms	$2,300
3 Bedrooms	$2,000
4 Bedrooms	$2,400
All	$2,000

As of July 2026, the average rent for a 1 bedroom house in Farmington, NM is $1,000 per month, followed by $2,300 for a 2 bedroom house, $2,000 for a 3 bedroom house, and $2,400 for a 4 bedroom house.