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Rent in Hagerman, NM

A 2-bedroom in Hagerman, NM (ZIP 88232) typically rents for about $707 a month, with a range of $707–$1,091. Owner-occupied homes in Chaves County pay about 0.60% of their value a year in property tax, and the 30-year fixed mortgage rate averaged 7.24% in the week of Oct 29, 2026.

Rent by bedrooms

Typical monthly rent in Hagerman, NM by bedrooms
SizeTypicalRange across ZIPsZIPs
Studio$868$8681
1 bed$892$8921
2 beds$707$707–$1,0911
3 beds$704$704–$1,4761
4 beds$1,624$1,6241

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).

Hagerman ZIP codes

2 beds

Frequently asked questions

What is the average rent for a 2-bedroom in Hagerman, NM?
About $707 a month: the median of the typical rents in 1 ZIP code, which range from $707–$1,091. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a 1-bedroom in Hagerman, NM?
About $892 a month: the median of the typical rents in 1 ZIP code, which range from $892. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a 3-bedroom in Hagerman, NM?
About $704 a month: the median of the typical rents in 1 ZIP code, which range from $704–$1,476. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a studio in Hagerman, NM?
About $868 a month: the median of the typical rents in 1 ZIP code, which range from $868. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a 4-bedroom in Hagerman, NM?
About $1,624 a month: the median of the typical rents in 1 ZIP code, which range from $1,624. Figures are gross rent (rent plus tenant-paid utilities).
What is the property tax rate in Hagerman, NM?
Owner-occupied homes in Chaves County pay a typical 0.60% 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 7.24% in the week of Oct 29, 2026 (Freddie Mac PMMS via FRED). It's a national average for owner-occupied loans; investment property loans usually cost more.
Where do these Hagerman rent figures come from?
Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).