BEST PLACES TO RENT

New Mexico

Average Rent

$1,359

3.6% YoY

Rent Comparison

-12.5% Lower

than the national average

Rentals Available

1,709

Population

2.12 Million

New Mexico Metropolitan Areas

The state of New Mexico is comprised of 3 metropolitan areas with a total population of 2,118,423. Explore New Mexico’s metro areas and compare key metrics.

POPULATION

923,768

AVG RENT

$1,342

# RENTALS

1,244

POPULATION

226,233

AVG RENT

$1,136

# RENTALS

115

POPULATION

156,474

AVG RENT

$1,836

# RENTALS

211

New Mexico Rent Ranges

On average, rent in the New Mexico falls anywhere from < $700/mo on the low end to over $2,000/mo at the max. Most rental prices fall within the $1,001 - $1,500/mo range.

Other States

This information is based on data collected by CoStar Group researchers.