Rent in Silver City, NM
Across Silver City's 2 ZIP codes, a 2-bedroom typically rents for about $969 a month, with figures from $867–$1,070. The highest typical rent is in 88062 ($1,070) and the lowest in 88061 ($867). 1 ZIP has ZIP-level figures from HUD or Census; the other 1 uses the county Fair Market Rent. Owner-occupied homes in Grant County pay about 0.46% 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 | $820 | $820 | 2 |
| 1 bed | $761 | $697–$825 | 2 |
| 2 beds | $969 | $867–$1,070 | 2 |
| 3 beds | $1,126 | $965–$1,286 | 2 |
| 4 beds | $1,678 | $1,678 | 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).
Silver City ZIP codes
2 bedsFrequently asked questions
- What is the average rent for a 2-bedroom in Silver City, NM?
- About $969 a month: the median of the typical rents in 2 ZIP codes, which range from $867–$1,070. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 1-bedroom in Silver City, NM?
- About $761 a month: the median of the typical rents in 2 ZIP codes, which range from $697–$825. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 3-bedroom in Silver City, NM?
- About $1,126 a month: the median of the typical rents in 2 ZIP codes, which range from $965–$1,286. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a studio in Silver City, NM?
- About $820 a month: the median of the typical rents in 2 ZIP codes, which range from $820. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 4-bedroom in Silver City, NM?
- About $1,678 a month: the median of the typical rents in 2 ZIP codes, which range from $1,678. Figures are gross rent (rent plus tenant-paid utilities).
- Which Silver City ZIP code has the highest rent?
- For a 2-bedroom, 88062 has the highest typical rent at $1,070 a month, and 88061 the lowest at $867.
- What is the property tax rate in Silver City, NM?
- Owner-occupied homes in Grant County pay a typical 0.46% 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 Silver City rent figures come from?
- Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).