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Rent in New Mexico by city

We have rent figures for 348 cities and 420 ZIP codes in New Mexico. Across those ZIPs, the median typical 2-bedroom rent is $1,070 a month. By city, typical 2-bedroom rent runs from $379 in Vadito to $2,000 in Santa Cruz.

348 New Mexico cities

Typical 2-bedroom rent

Frequently asked questions

What is the average rent for a 2-bedroom in New Mexico?
About $1,070 a month: the median of the typical rents in 420 ZIP codes, which range from $379–$2,000.
What is the average rent for a 1-bedroom in New Mexico?
About $891 a month: the median of the typical rents in 420 ZIP codes, which range from $242–$3,500+.
What is the average rent for a 3-bedroom in New Mexico?
About $1,404 a month: the median of the typical rents in 420 ZIP codes, which range from $381–$2,450.
Which city in New Mexico has the highest rent?
Of the cities we cover, Santa Cruz has the highest typical 2-bedroom rent ($2,000 a month) and Vadito the lowest ($379).
Where do these New Mexico rent figures come from?
Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).