What is the average rent of an apartment in Portales, NM?

The average rent of an apartment in Portales, NM is $800 per month. This is about 59% lower than the national average.

When is the average rent for an apartment cheapest in Portales, NM?

In the last year, the average rent in Portales, NM was lowest in Jul 2025 when it was $684 per month.

In the last year, the average rent in Portales, NM was highest in Oct 2025 when it was $796 per month.

There are 12 available apartments or condos to rent in Portales, NM.

Portales, NM includes zip codes such as: 88130 .

Some nearby cities include: Cannon AFB , Saint Vrain , Dora , Floyd , Clovis . These cities may have more rental options to explore.

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$950/mo
1 Bed
1 Bath
1025 W 18th St #5,
Portales, NM 88130
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NEW - 4 HRS AGO
$1,200/mo
2 Beds
2 Baths
1500 S Avenue G #D,
Portales, NM 88130
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APPLY INSTANTLY
$875/mo
2 Beds
2 Baths
950 sqft
704 W 17th Ln #3,
Portales, NM 88130
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$550/mo
1 Bed
1 Bath
650 sqft
1109 W 14th Ln #B,
Portales, NM 88130
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$700/mo
2 Beds
1 Bath
1549 Arizona Dr #3,
Portales, NM 88130
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$850/mo
2 Beds
1 Bath
936 sqft
17 New Mexico Dr #467,
Portales, NM 88130
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PET FRIENDLY
$1,200/mo
3 Beds
1 Bath
1,292 sqft
1404 S Avenue I #1119,
Portales, NM 88130
PET FRIENDLY
$700/mo
2 Beds
1 Bath
1020 W 3rd St #A,
Portales, NM 88130
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Rent in Portales, NM varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.

Average rent for a apartment decreased in Aug 2026 compared to the previous month. Rent for apartments peaked in Oct 2025.

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In August 2026, Houses were the most affordable home type to rent compared with Apartments and Condos and Townhomes.

	1 bed	2 beds	3 beds	4 beds	All
All home types	$550	$900	$1,200	—	$900
Townhomes	—	$1,300	—	—	$1,300
Apartments and Condos	$550	$875	$1,200	—	$875
Houses	$550	$750	$1,200	—	$750

What is the average rent of an apartment in Portales, NM?
The average rent of an apartment in Portales, NM is $800 per month. This is about 59% lower than the national average.
When is the average rent for an apartment cheapest in Portales, NM?
In the last year, the average rent in Portales, NM was lowest in Jul 2025 when it was $684 per month.
When is the average rent for an apartment most expensive in Portales, NM?
In the last year, the average rent in Portales, NM was highest in Oct 2025 when it was $796 per month.
How many apartments or condos are available to rent in Portales, NM?
There are 12 available apartments or condos to rent 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.