3-Bedroom Apartment Rent in Portales, NM
Median asking rent for a 3-bedroom apartment in Portales, New Mexico as of July 2026. That's +52% higher than the citywide median of $862 and +38% below the national 3-bedroom median of $2,130.
Income needed for a 3-bedroom in Portales
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 Portales
Compare Portales'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 | Silver City | $1,280 |
| 3 | Alamogordo | $1,310 |
| 4 | Portales (this page) | $1,310 |
| 5 | Roswell | $1,330 |
| 6 | Hobbs | $1,410 |
| 7 | Carlsbad | $1,430 |
| 8 | Farmington | $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 | $1,540 |
| 9 | Carlsbad | $1,430 |
| 10 | Hobbs | $1,410 |
| 11 | Roswell | $1,330 |
| 12 | Portales (this page) | $1,310 |
| 13 | Alamogordo | $1,310 |
| 14 | Silver City | $1,280 |
| 15 | Clovis | $1,250 |
Nearby cities — 3-bedroom rent
Considering nearby alternatives? 1 of these cities have cheaper 3-bedroom rents than Portales.
| City | Distance | 3-Bedroom rent | vs Portales |
|---|---|---|---|
| Clovis, NM | 25.6 mi | $1,250 | $-60 (-5%) |
| Roswell, NM | 82.8 mi | $1,330 | +$20 (+2%) |
| Hobbs, NM | 99.2 mi | $1,410 | +$100 (+8%) |
| Wolfforth, TX | 100.1 mi | $1,810 | +$500 (+38%) |
| Lubbock, TX | 104.7 mi | $1,646 | +$336 (+26%) |
| Canyon, TX | 110.6 mi | $1,500 | +$190 (+15%) |
| Amarillo, TX | 121.9 mi | $1,684 | +$374 (+29%) |
| Carlsbad, NM | 147.8 mi | $1,430 | +$120 (+9%) |
3-Bedroom rent in Portales — common questions
How much is a 3-bedroom apartment in Portales?
As of July 2026, the median 3-bedroom apartment rent in Portales, New Mexico is $1,310 per month. This is +52% higher than the citywide median of $862.
What income do you need to afford a 3-bedroom in Portales?
Using the standard 30% rent-to-income rule, you would need an annual income of about $52,400 ($4,367/month gross), which works out to roughly $25.19/hour at a full-time job.
Is Portales expensive for a 3-bedroom compared to the rest of the US?
Portales's 3-bedroom median of $1,310 is +38% below the national 3-bedroom median of $2,130. It ranks in the 6th percentile of US cities tracked.
How does Portales rank for 3-bedroom rent in New Mexico?
Among the 15 cities in New Mexico with 3-bedroom data, Portales ranks #4 from cheapest to most expensive.
Are there cheaper 3-bedroom options near Portales?
Yes — nearby cities with cheaper 3-bedroom rents include Clovis ($1,250).