2-Bedroom Apartment Rent in Farmington, NM
Median asking rent for a 2-bedroom apartment in Farmington, New Mexico as of July 2026. That's +18% lower than the citywide median of $1,341 and +34% below the national 2-bedroom median of $1,655.
Income needed for a 2-bedroom in Farmington
Using the standard 30% rent-to-income guideline (the threshold above which households are considered rent-burdened), here's what you need to earn to comfortably afford a 2-bedroom at the current median rent.
Rent by apartment size in Farmington
Compare Farmington's median rent across every apartment size.
Cheapest cities for a 2-bedroom in New Mexico
| # | City | 2-Bedroom rent |
|---|---|---|
| 1 | Alamogordo | $930 |
| 2 | Portales | $930 |
| 3 | Silver City | $960 |
| 4 | Clovis | $980 |
| 5 | Roswell | $1,030 |
| 6 | Carlsbad | $1,080 |
| 7 | Farmington (this page) | $1,100 |
| 8 | Las Cruces | $1,124 |
| 9 | Santa Teresa | $1,130 |
| 10 | Hobbs | $1,140 |
| 11 | Albuquerque | $1,383 |
| 12 | Los Alamos | $1,400 |
| 13 | Los Lunas | $1,410 |
| 14 | Santa Fe | $1,690 |
| 15 | Rio Rancho | $1,695 |
Most expensive cities for a 2-bedroom in New Mexico
| # | City | 2-Bedroom rent |
|---|---|---|
| 1 | Rio Rancho | $1,695 |
| 2 | Santa Fe | $1,690 |
| 3 | Los Lunas | $1,410 |
| 4 | Los Alamos | $1,400 |
| 5 | Albuquerque | $1,383 |
| 6 | Hobbs | $1,140 |
| 7 | Santa Teresa | $1,130 |
| 8 | Las Cruces | $1,124 |
| 9 | Farmington (this page) | $1,100 |
| 10 | Carlsbad | $1,080 |
| 11 | Roswell | $1,030 |
| 12 | Clovis | $980 |
| 13 | Silver City | $960 |
| 14 | Portales | $930 |
| 15 | Alamogordo | $930 |
Nearby cities — 2-bedroom rent
Considering nearby alternatives? 1 of these cities have cheaper 2-bedroom rents than Farmington.
| City | Distance | 2-Bedroom rent | vs Farmington |
|---|---|---|---|
| Durango, CO | 53.3 mi | $1,670 | +$570 (+52%) |
| Cortez, CO | 55.1 mi | $1,200 | +$100 (+9%) |
| Montrose, CO | 123.5 mi | $1,160 | +$60 (+5%) |
| Rio Rancho, NM | 140.4 mi | $1,695 | +$595 (+54%) |
| Los Alamos, NM | 144.5 mi | $1,400 | +$300 (+27%) |
| Albuquerque, NM | 155.8 mi | $1,383 | +$283 (+26%) |
| Alamosa, CO | 169.7 mi | $970 | $-130 (-12%) |
| Santa Fe, NM | 171.3 mi | $1,690 | +$590 (+54%) |
2-Bedroom rent in Farmington — common questions
How much is a 2-bedroom apartment in Farmington?
As of July 2026, the median 2-bedroom apartment rent in Farmington, New Mexico is $1,100 per month. This is +18% below the citywide median of $1,341.
What income do you need to afford a 2-bedroom in Farmington?
Using the standard 30% rent-to-income rule, you would need an annual income of about $44,000 ($3,667/month gross), which works out to roughly $21.15/hour at a full-time job.
Is Farmington expensive for a 2-bedroom compared to the rest of the US?
Farmington's 2-bedroom median of $1,100 is +34% below the national 2-bedroom median of $1,655. It ranks in the 12th percentile of US cities tracked.
How does Farmington rank for 2-bedroom rent in New Mexico?
Among the 15 cities in New Mexico with 2-bedroom data, Farmington ranks #7 from cheapest to most expensive.
Are there cheaper 2-bedroom options near Farmington?
Yes — nearby cities with cheaper 2-bedroom rents include Alamosa ($970).