Farmington, NM Rent History
40 months of data, 2023–2026. Source: ZORI (Zillow Observed Rent Index, smoothed seasonally adjusted).
Today (2026-07)
$1,304
1-year change
-1.2%
$-16/mo
Monthly rent trend
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Year-by-year rent in Farmington
| Year | Median rent | YoY change | vs 2023 |
|---|---|---|---|
| 2023 | $1,041/mo | — | 0.0% |
| 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 $1,304 as of 2026-07 — a change of $263 per month over 3 years.
Is rent in Farmington going up or down year over year?
Year over year, median rent in Farmington, NM has decreased -1.2% ($-16/mo). Current median: $1,304.