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Rent in Las Vegas, NM

A 2-bedroom in Las Vegas, NM (ZIP 87701) typically rents for about $891 a month, with a range of $891–$1,077. Owner-occupied homes in San Miguel County pay about 0.57% 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

Typical monthly rent in Las Vegas, NM by bedrooms
SizeTypicalRange across ZIPsZIPs
Studio$796$7961
1 bed$474$474–$9251
2 beds$891$891–$1,0771
3 beds$1,135$1,135–$1,4911
4 beds$1,689$1,6891

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).

Las Vegas ZIP codes

2 beds

Frequently asked questions

What is the average rent for a 2-bedroom in Las Vegas, NM?
About $891 a month: the median of the typical rents in 1 ZIP code, which range from $891–$1,077. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a 1-bedroom in Las Vegas, NM?
About $474 a month: the median of the typical rents in 1 ZIP code, which range from $474–$925. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a 3-bedroom in Las Vegas, NM?
About $1,135 a month: the median of the typical rents in 1 ZIP code, which range from $1,135–$1,491. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a studio in Las Vegas, NM?
About $796 a month: the median of the typical rents in 1 ZIP code, which range from $796. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a 4-bedroom in Las Vegas, NM?
About $1,689 a month: the median of the typical rents in 1 ZIP code, which range from $1,689. Figures are gross rent (rent plus tenant-paid utilities).
What is the property tax rate in Las Vegas, NM?
Owner-occupied homes in San Miguel County pay a typical 0.57% 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 Las Vegas rent figures come from?
Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).