3-Bedroom Apartment Rent in Farmington, NM
Median asking rent for a 3-bedroom apartment in Farmington, New Mexico as of October 2026. That's the same as the citywide median and +28% below the national 3-bedroom median of $2,130.
Income needed for a 3-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 3-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 3-bedroom in New Mexico
| # | City | 3-Bedroom rent |
|---|---|---|
| 1 | Clovis | $1,250 |
| 2 | Alamogordo | $1,310 |
| 3 | Portales | $1,310 |
| 4 | Roswell | $1,330 |
| 5 | Artesia | $1,380 |
| 6 | Hobbs | $1,410 |
| 7 | Carlsbad | $1,430 |
| 8 | Farmington (this page) | $1,540 |
| 9 | Las Cruces | $1,562 |
| 10 | Santa Teresa | $1,570 |
| 11 | Los Alamos | $1,890 |
| 12 | Albuquerque | $1,939 |
| 13 | Los Lunas | $1,980 |
| 14 | Santa Fe | $2,137 |
| 15 | Rio Rancho | $2,375 |
Most expensive cities for a 3-bedroom in New Mexico
| # | City | 3-Bedroom rent |
|---|---|---|
| 1 | Rio Rancho | $2,375 |
| 2 | Santa Fe | $2,137 |
| 3 | Los Lunas | $1,980 |
| 4 | Albuquerque | $1,939 |
| 5 | Los Alamos | $1,890 |
| 6 | Santa Teresa | $1,570 |
| 7 | Las Cruces | $1,562 |
| 8 | Farmington (this page) | $1,540 |
| 9 | Carlsbad | $1,430 |
| 10 | Hobbs | $1,410 |
| 11 | Artesia | $1,380 |
| 12 | Roswell | $1,330 |
| 13 | Portales | $1,310 |
| 14 | Alamogordo | $1,310 |
| 15 | Clovis | $1,250 |
Nearby cities — 3-bedroom rent
Considering nearby alternatives? 3 of these cities have cheaper 3-bedroom rents than Farmington.
| City | Distance | 3-Bedroom rent | vs Farmington |
|---|---|---|---|
| Durango, CO | 53.3 mi | $2,060 | +$520 (+34%) |
| Cortez, CO | 55.1 mi | $1,470 | $-70 (-5%) |
| Montrose, CO | 123.5 mi | $1,630 | +$90 (+6%) |
| Rio Rancho, NM | 140.4 mi | $2,375 | +$835 (+54%) |
| Los Alamos, NM | 144.5 mi | $1,890 | +$350 (+23%) |
| Albuquerque, NM | 155.8 mi | $1,939 | +$399 (+26%) |
| Alamosa, CO | 169.7 mi | $1,310 | $-230 (-15%) |
| Santa Fe, NM | 171.3 mi | $2,137 | +$597 (+39%) |
| Winslow, AZ | 205.4 mi | $1,399 | $-141 (-9%) |
3-Bedroom rent in Farmington — common questions
How much is a 3-bedroom apartment in Farmington?
As of October 2026, the median 3-bedroom apartment rent in Farmington, New Mexico is $1,540 per month. This is in line with the citywide median of $1,535.
What income do you need to afford a 3-bedroom in Farmington?
Using the standard 30% rent-to-income rule, you would need an annual income of about $61,600 ($5,133/month gross), which works out to roughly $29.62/hour at a full-time job.
Is Farmington expensive for a 3-bedroom compared to the rest of the US?
Farmington's 3-bedroom median of $1,540 is +28% below the national 3-bedroom median of $2,130. It ranks in the 18th percentile of US cities tracked.
How does Farmington rank for 3-bedroom rent in New Mexico?
Among the 15 cities in New Mexico with 3-bedroom data, Farmington ranks #8 from cheapest to most expensive.
Are there cheaper 3-bedroom options near Farmington?
Yes — nearby cities with cheaper 3-bedroom rents include Cortez ($1,470), Alamosa ($1,310), Winslow ($1,399).