Rent in Gallup, NM
Across Gallup's 3 ZIP codes, a 2-bedroom typically rents for about $1,140 a month, with figures from $942–$1,140. The highest typical rent is in 87305 ($1,140) and the lowest in 87301 ($942). 1 ZIP has ZIP-level figures from HUD or Census; the other 2 use the county Fair Market Rent. Owner-occupied homes in McKinley County pay about 2.00% 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 | $794 | $611–$794 | 3 |
| 1 bed | $911 | $735–$911 | 3 |
| 2 beds | $1,140 | $942–$1,140 | 3 |
| 3 beds | $1,358 | $1,347–$1,358 | 3 |
| 4 beds | $1,498 | $1,498 | 3 |
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).
Gallup ZIP codes
2 bedsFrequently asked questions
- What is the average rent for a 2-bedroom in Gallup, NM?
- About $1,140 a month: the median of the typical rents in 3 ZIP codes, which range from $942–$1,140. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 1-bedroom in Gallup, NM?
- About $911 a month: the median of the typical rents in 3 ZIP codes, which range from $735–$911. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 3-bedroom in Gallup, NM?
- About $1,358 a month: the median of the typical rents in 3 ZIP codes, which range from $1,347–$1,358. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a studio in Gallup, NM?
- About $794 a month: the median of the typical rents in 3 ZIP codes, which range from $611–$794. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 4-bedroom in Gallup, NM?
- About $1,498 a month: the median of the typical rents in 3 ZIP codes, which range from $1,498. Figures are gross rent (rent plus tenant-paid utilities).
- Which Gallup ZIP code has the highest rent?
- For a 2-bedroom, 87305 has the highest typical rent at $1,140 a month, and 87301 the lowest at $942.
- What is the property tax rate in Gallup, NM?
- Owner-occupied homes in McKinley County pay a typical 2.00% 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 Gallup rent figures come from?
- Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).