What's the average rent in Portales, NM?

Rental Market Trends in Portales, NM

SOURCE: TRULIA DATA

Rental market highlights

As of June 2026, the average rent in Portales, NM is $850 per month, which is 56% lower than the national average rent of $1,951 per month.

AVERAGE RENT

$850

13.3%$100 increase month-over-month

-2.9%-$25 decrease year-over-year

AVAILABLE RENTALS

APARTMENTS

$825

HOUSES

$1,000

TOWNHOUSES

$1,300

As of June 2026, apartments are the most affordable rental option in Portales, NM at $825 per month, while townhomes are the most expensive at $1,300 per month. Houses average $1,000 per month, offering a mid-range alternative for renters.

Average rent by number of bedrooms

Floor plan type	Average rent
1 Bedroom	$575
2 Bedrooms	$800
3 Bedrooms	$1,075
4 Bedrooms	$1,245
All	$850

As of June 2026, the average rent for a 1 bedroom rental in Portales, NM is $575 per month, followed by $800 for a 2 bedroom rental, $1,075 for a 3 bedroom rental, and $1,245 for a 4 bedroom rental.

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

As of June 2026, the average rent for a 2 bedroom townhome in Portales, NM is $800 per month, followed by $1,300 for a 3 bedroom townhome.

Floor plan type	Average rent
1 Bedroom	$575
2 Bedrooms	$875
3 Bedrooms	$950
4 Bedrooms	—
All	$800

As of June 2026, the average rent for a 1 bedroom apartment in Portales, NM is $575 per month, followed by $875 for a 2 bedroom apartment, and $950 for a 3 bedroom apartment.

Floor plan type	Average rent
1 Bedroom	$595
2 Bedrooms	$995
3 Bedrooms	$1,075
4 Bedrooms	$1,245
All	$1,000

As of June 2026, the average rent for a 1 bedroom house in Portales, NM is $595 per month, followed by $995 for a 2 bedroom house, $1,075 for a 3 bedroom house, and $1,245 for a 4 bedroom house.