Farmington NM Apartments

39 rentals

Apartments For Rent Near Farmington, NM

We found 4 more apartments matching your filters just outside Farmington

Average Rent Trends in Farmington, NM

Rent in Farmington, NM varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent decreased in May 2026 compared to the previous month. Rent previously peaked in May 2025.
MonthAverage rent
Jun 2025$1,138
Jul 2025$1,085
Aug 2025$1,083
Sep 2025$1,265
Oct 2025$1,115
Nov 2025$1,126
Dec 2025$1,164
Jan 2026$966
Feb 2026$982
Mar 2026$949
Apr 2026$982
May 2026$932
View as a graph

Average Rent By Bedroom and Home Type

In May 2026, Townhomes were the most affordable home type to rent compared with Apartments and Condos and Houses.
1 bed2 beds3 beds4 bedsAll
All home types$950$1,100$1,575$2,200$1,050
Townhomes$2,116—$1,800$750$750
Apartments and Condos$950$1,050$1,550—$950
Houses$1,100$2,200$1,900$2,200$1,900
See more information about local market trends in Farmington, NM

Frequently Asked Questions about Apartments and Condos for rent in Farmington, NM

  • What is the average rent of an apartment in Farmington, NM?
    The average rent of an apartment in Farmington, NM is $932 per month. This is about 52% lower than the national average.
  • When is the average rent cheapest in Farmington, NM?
    In the last year, the average rent in Farmington, NM was lowest in Jan 2025 when it was $895 per month.
  • When is the average rent most expensive in Farmington, NM?
    In the last year, the average rent in Farmington, NM was highest in May 2025 when it was $1,300 per month.
  • How does the rent of a 1 bedroom apartment compare to a studio apartment in Farmington, NM?
    The average rent of a 1 bedroom apartment in Farmington, NM is $925 per month. That is about $219 more than the cost of a studio apartment.
  • How many apartments or condos are available to rent in Farmington, NM?
    There are 36 available apartments or condos to rent in Farmington, NM.
  • What are some zip codes in Farmington, NM?
    Farmington, NM includes zip codes such as: 87401, 87413, 87420, 87402, 87415.
  • What are some cities near Farmington, NM?
    Some nearby cities include: Fruitland, Kirtland, Bloomfield, Flora Vista, Waterflow. These cities may have more rental options to explore.