Cheap Apartments for Rent in Portales, NM
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NEW - 1 DAY AGO$950 - $1,050/mo
1-2 Beds
1-2 BathsGenesis Apartments - Portales NM | 1025 W 18th St,
Portales, NM 88130
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Apartments For Rent Near Portales, NM
We found 30 more apartments matching your filters just outside Portales
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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 Sep 2026 compared to the previous month. Rent previously peaked in Oct 2025.
| Month | Average rent |
|---|---|
| Oct 2025 | $975 |
| Nov 2025 | $900 |
| Dec 2025 | $900 |
| Jan 2026 | $925 |
| Feb 2026 | $895 |
| Mar 2026 | $895 |
| Apr 2026 | $900 |
| May 2026 | $750 |
| Jun 2026 | $800 |
| Jul 2026 | $850 |
| Aug 2026 | $900 |
| Sep 2026 | $875 |
Average Rent By Bedroom and Home Type
In September 2026, Apartments and Condos were the most affordable home type to rent compared with Houses and Townhomes.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $850 | $700 | $1,161 | $1,100 | $875 |
| Townhomes | — | $1,300 | — | — | $1,300 |
| Apartments and Condos | $550 | $850 | $1,161 | — | $875 |
| Houses | $500 | $788 | $1,156 | $1,100 | $1,100 |
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 $788 per month. This is about 60% 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 27 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.
View this page in Spanish: Apartamentos baratos en renta en Portales, NM - 90 Rentas | Trulia