Rent in Shiprock, NM
A 2-bedroom in Shiprock, NM (ZIP 87420) typically rents for about $564 a month, with a range of $564–$1,116. Owner-occupied homes in San Juan County pay about 0.68% 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
| Size | Typical | Range across ZIPs | ZIPs |
|---|---|---|---|
| Studio | $850 | $850 | 1 |
| 1 bed | $582 | $582–$855 | 1 |
| 2 beds | $564 | $564–$1,116 | 1 |
| 3 beds | $716 | $716–$1,545 | 1 |
| 4 beds | $1,673 | $1,673 | 1 |
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).
Shiprock ZIP codes
2 bedsFrequently asked questions
- What is the average rent for a 2-bedroom in Shiprock, NM?
- About $564 a month: the median of the typical rents in 1 ZIP code, which range from $564–$1,116. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 1-bedroom in Shiprock, NM?
- About $582 a month: the median of the typical rents in 1 ZIP code, which range from $582–$855. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 3-bedroom in Shiprock, NM?
- About $716 a month: the median of the typical rents in 1 ZIP code, which range from $716–$1,545. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a studio in Shiprock, NM?
- About $850 a month: the median of the typical rents in 1 ZIP code, which range from $850. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 4-bedroom in Shiprock, NM?
- About $1,673 a month: the median of the typical rents in 1 ZIP code, which range from $1,673. Figures are gross rent (rent plus tenant-paid utilities).
- What is the property tax rate in Shiprock, NM?
- Owner-occupied homes in San Juan County pay a typical 0.68% 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 Shiprock rent figures come from?
- Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).