Rent in Carlsbad, NM
Across Carlsbad's 2 ZIP codes, a 2-bedroom typically rents for about $1,262 a month, with figures from $1,252–$1,272. The highest typical rent is in 88220 ($1,272) and the lowest in 88221 ($1,252). 1 ZIP has ZIP-level figures from HUD or Census; the other 1 uses the county Fair Market Rent. Owner-occupied homes in Eddy County pay about 0.52% of their value a year in property tax, and the 30-year fixed mortgage rate averaged 7.32% in the week of Oct 22, 2026.
Rent by bedrooms
| Size | Typical | Range across ZIPs | ZIPs |
|---|---|---|---|
| Studio | $866 | $679–$1,053 | 2 |
| 1 bed | $1,175 | $1,150–$1,199 | 2 |
| 2 beds | $1,262 | $1,252–$1,272 | 2 |
| 3 beds | $1,522 | $1,309–$1,734 | 2 |
| 4 beds | $2,023 | $1,855–$2,190 | 2 |
Typical = median of each ZIP's best guess. Gross rent (rent plus tenant-paid utilities). Sources: Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).
Carlsbad ZIP codes
2 bedsFrequently asked questions
- What is the average rent for a 2-bedroom in Carlsbad, NM?
- About $1,262 a month: the median of the typical rents in 2 ZIP codes, which range from $1,252–$1,272. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 1-bedroom in Carlsbad, NM?
- About $1,175 a month: the median of the typical rents in 2 ZIP codes, which range from $1,150–$1,199. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 3-bedroom in Carlsbad, NM?
- About $1,522 a month: the median of the typical rents in 2 ZIP codes, which range from $1,309–$1,734. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a studio in Carlsbad, NM?
- About $866 a month: the median of the typical rents in 2 ZIP codes, which range from $679–$1,053. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 4-bedroom in Carlsbad, NM?
- About $2,023 a month: the median of the typical rents in 2 ZIP codes, which range from $1,855–$2,190. Figures are gross rent (rent plus tenant-paid utilities).
- Which Carlsbad ZIP code has the highest rent?
- For a 2-bedroom, 88220 has the highest typical rent at $1,272 a month, and 88221 the lowest at $1,252.
- What is the property tax rate in Carlsbad, NM?
- Owner-occupied homes in Eddy County pay a typical 0.52% of their value a year (Census ACS, median taxes paid ÷ median home value, Dec 31, 2024). Investors often pay more after a purchase: the home is reassessed at the sale price and there is no homestead exemption.
- What is the current 30-year mortgage rate?
- The 30-year fixed rate averaged 7.32% in the week of Oct 22, 2026 (Freddie Mac PMMS via FRED). It's a national average for owner-occupied loans; investment property loans usually cost more.
- Where do these Carlsbad rent figures come from?
- Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).