Rental market trends for
New Mexico
The average rent price in New Mexico was $1,246 last month, up $63 month over month.
Median rent
Month-over-month change
Average rent in New Mexico
In March 2024, New Mexico rental prices increased $63 compared to last month.
Median rent of cities in New Mexico
| City | Median rent | MoM (% change) |
|---|---|---|
| Albuquerque | $1,324 | +2.48% |
| Santa Fe | $2,377 | -3.64% |
| Las Cruces | $1,315 | +0.32% |
| Taos | $2,823 | -13.06% |
| Rio Rancho | $2,091 | +1.70% |
| Los Alamos | $2,391 | -11.96% |
| Roswell | $1,233 | +1.37% |
| Alamogordo | $1,600 | +0.00% |
| Farmington | $1,416 | +3.66% |
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