Cheap Apartments for Rent in Farmington, NM
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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 Jul 2025.
| Month | Average rent |
|---|---|
| Jun 2025 | $1,500 |
| Jul 2025 | $1,775 |
| Aug 2025 | $1,400 |
| Sep 2025 | $1,100 |
| Oct 2025 | $1,100 |
| Nov 2025 | $1,550 |
| Dec 2025 | $1,595 |
| Jan 2026 | $1,100 |
| Feb 2026 | $1,100 |
| Mar 2026 | $1,100 |
| Apr 2026 | $1,200 |
| May 2026 | $1,100 |
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 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $950 | $1,100 | $1,711 | $2,067 | $1,100 |
| Townhomes | — | — | $1,711 | $750 | $900 |
| Apartments and Condos | $950 | $1,050 | — | — | $950 |
| Houses | $1,100 | $1,100 | $1,895 | $2,100 | $1,695 |
Frequently Asked Questions about Rentals 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.
- What is the average rent of a house in Farmington, NM?The average rent of a house in Farmington, NM is $1,695 per month. This is about 12% lower than the national average.
- What is the average rent of a townhome in Farmington, NM?The average rent of a townhome in Farmington, NM is $900 per month. This is about 53% 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 Sep 2025 when it was $1,100 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 Jul 2025 when it was $1,775 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 $950 per month. That is about $200 more than the cost of a studio apartment.
- How many available rental listings are in Farmington, NM?There are 67 available rental listings in Farmington, NM.
- What are some zip codes in Farmington, NM?
- 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.