Farmington, NM Rent History

39 months of data, 20232026. Source: ZORI (Zillow Observed Rent Index, smoothed seasonally adjusted).

Today (2026-06)
$1,341
1-year change
+1.5%
$20/mo

Monthly rent trend

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Year-by-year rent in Farmington

YearMedian rentYoY changevs 2023
2023$1,041/mo0.0%
2024$1,125/mo+8.1%+8.1%
2025$1,301/mo+15.6%+25.0%
2026$1,258/mo-3.3%+20.8%

Frequently asked questions

How much has rent in Farmington changed since 2023?

Median rent in Farmington, NM was $1,041 in 2023-04 and is $1,341 as of 2026-06 — a change of $300 per month over 3 years.

Is rent in Farmington going up or down year over year?

Year over year, median rent in Farmington, NM has increased +1.5% ($20/mo). Current median: $1,341.

See full rent data for Farmington, NM
Methodology: Rent figures use ZORI (Zillow Observed Rent Index) monthly smoothed seasonally-adjusted values for all properties (single family + condo + multifamily). Year-by-year table uses April readings (or nearest available month) for consistency across years. 1-/5-/10-year change uses the same month 2026 as the anchor.