Farmington, NM Rent History

42 months of data, 2023–2026. Source: ZORI (Zillow Observed Rent Index, smoothed seasonally adjusted).

Today (2026-09)
$1,535
1-year change
+3.5%
$52/mo

Monthly rent trend

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Year-by-year rent in Farmington

YearMedian rentYoY changevs 2023
2023$1,270/mo—0.0%
2024$1,371/mo+8.0%+8.0%
2025$1,465/mo+6.9%+15.4%
2026$1,524/mo+4.0%+20.0%

Frequently asked questions

How much has rent in Farmington changed since 2023?

Median rent in Farmington, NM was $1,270 in 2023-04 and is $1,535 as of 2026-09 — a change of $265 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 +3.5% ($52/mo). Current median: $1,535.

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.