Apartments For Rent in Portales, NM

40 rentals

Apartments For Rent Near Portales, NM

We found 30 more apartments matching your filters just outside Portales

What Locals Say about Portales

  • Trulia User
    "Do your research. Never just go by first impressions and always make sure to get to know the people that live there and what they have to say. "
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  • Chloe O.
    "There’s a lot of families and friendly neighbors. It’s pretty safe but cars tend to drive through fast. "
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  • Carlee B.
    "I live in a quiet neighborhood with friendly people. Most places I go when I’m out and about have good customer service and friendly "
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  • Reginagwals
    "There is really no place to walk your dogs or a dog park here. There are no street lights so you cannot walk your dogs safely at night. "
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  • AngelaNlee G.
    "farming comunity, college crowd, awesome wings at AJs and clovis only about 20 miles away. bad: only walmart and farmers country market in portales but, lowes, albertsons and larger walmart in clovis."
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Average Rent Trends in Portales, NM

Rent in Portales, 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 Oct 2025.
MonthAverage rent
Jun 2025$900
Jul 2025$750
Aug 2025$900
Sep 2025$900
Oct 2025$975
Nov 2025$900
Dec 2025$900
Jan 2026$925
Feb 2026$895
Mar 2026$895
Apr 2026$900
May 2026$750
View as a graph

Average Rent By Bedroom and Home Type

In May 2026, Apartments and Condos were the most affordable home type to rent compared with Houses and Townhomes.
1 bed2 beds3 beds4 bedsAll
All home types$575$850$1,195$1,050$750
Townhomes——$1,300—$1,300
Apartments and Condos$550$875——$750
Houses$600$850$1,195$1,050$900
See more information about local market trends in Portales, NM

Frequently Asked Questions about Rentals in Portales, NM

  • What is the average rent of an apartment in Portales, NM?
    The average rent of an apartment in Portales, NM is $650 per month. This is about 66% lower than the national average.
  • What is the average rent of a house in Portales, NM?
    The average rent of a house in Portales, NM is $900 per month. This is about 53% lower than the national average.
  • What is the average rent of a townhome in Portales, NM?
    The average rent of a townhome in Portales, NM is $1,300 per month. This is about 33% lower than the national average.
  • When is the average rent cheapest in Portales, NM?
    In the last year, the average rent in Portales, NM was lowest in Jul 2025 when it was $750 per month.
  • When is the average rent most expensive in Portales, NM?
    In the last year, the average rent in Portales, NM was highest in Oct 2025 when it was $975 per month.
  • How many available rental listings are in Portales, NM?
    There are 39 available rental listings in Portales, NM.
  • What are some zip codes in Portales, NM?
    Portales, NM includes zip codes such as: 88130.
  • What are some cities near Portales, NM?
    Some nearby cities include: Cannon AFB, Saint Vrain, Dora, Floyd, Clovis. These cities may have more rental options to explore.