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

The average rent of an apartment in Portales, NM is $830 per month. This is about 57% 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 17 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 #12,
Portales, NM 88130
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$900/mo
2 Beds
1 Bath
760 sqft
2028 S Avenue I #C,
Portales, NM 88130
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$800/mo
2 Beds
1 Bath
800 sqft
2001 S Avenue I #2,
Portales, NM 88130
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$675/mo
2 Beds
1 Bath
700 sqft
2028 S Avenue I #5,
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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$1,250/mo
2 Beds
2 Baths
409 W 16th St #B,
Portales, NM 88130
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$800/mo
2 Beds
1 Bath
1540 Arizona Dr #22,
Portales, NM 88130
$800/mo
2 Beds
1 Bath
1550 Arizona Dr #27,
Portales, NM 88130
$1,000/mo
3 Beds
2 Baths
333 E Lime St #A,
Portales, NM 88130
$975/mo
3 Beds
2 Baths
901 W 14th St,
Portales, NM 88130
$700/mo
2 Beds
1 Bath
1549 Arizona Dr #3,
Portales, NM 88130
$600/mo
2 Beds
1 Bath
Skyline - 1400 | 1400 S Ave E,
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 Sep 2026 compared to the previous month. Rent for apartments peaked in Oct 2025.

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

	1 bed	2 beds	3 beds	4 beds	All
All home types	$839	$800	$1,000	$1,245	$925
Apartments and Condos	$550	$800	$1,200	—	$800
Houses	—	$800	$975	$1,245	$975

What is the average rent of an apartment in Portales, NM?
The average rent of an apartment in Portales, NM is $830 per month. This is about 57% 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 17 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.