4+ Bedroom Apartment Rent in Portales, NM
Median asking rent for a 4+ bedroom apartment in Portales, New Mexico as of July 2026. That's +83% higher than the citywide median of $862 and +37% below the national 4+ bedroom median of $2,520.
Income needed for a 4+ 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 4+ 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 4+ bedroom in New Mexico
| # | City | 4+ Bedroom rent |
|---|---|---|
| 1 | Silver City | $1,320 |
| 2 | Carlsbad | $1,490 |
| 3 | Roswell | $1,530 |
| 4 | Alamogordo | $1,580 |
| 5 | Portales (this page) | $1,580 |
| 6 | Hobbs | $1,610 |
| 7 | Clovis | $1,650 |
| 8 | Farmington | $1,670 |
| 9 | Las Cruces | $1,732 |
| 10 | Santa Teresa | $1,740 |
| 11 | Santa Fe | $2,243 |
| 12 | Albuquerque | $2,297 |
| 13 | Los Lunas | $2,340 |
| 14 | Los Alamos | $2,350 |
| 15 | Rio Rancho | $2,815 |
Most expensive cities for a 4+ bedroom in New Mexico
| # | City | 4+ Bedroom rent |
|---|---|---|
| 1 | Rio Rancho | $2,815 |
| 2 | Los Alamos | $2,350 |
| 3 | Los Lunas | $2,340 |
| 4 | Albuquerque | $2,297 |
| 5 | Santa Fe | $2,243 |
| 6 | Santa Teresa | $1,740 |
| 7 | Las Cruces | $1,732 |
| 8 | Farmington | $1,670 |
| 9 | Clovis | $1,650 |
| 10 | Hobbs | $1,610 |
| 11 | Portales (this page) | $1,580 |
| 12 | Alamogordo | $1,580 |
| 13 | Roswell | $1,530 |
| 14 | Carlsbad | $1,490 |
| 15 | Silver City | $1,320 |
Nearby cities — 4+ bedroom rent
Considering nearby alternatives? 2 of these cities have cheaper 4+ bedroom rents than Portales.
| City | Distance | 4+ Bedroom rent | vs Portales |
|---|---|---|---|
| Clovis, NM | 25.6 mi | $1,650 | +$70 (+4%) |
| Roswell, NM | 82.8 mi | $1,530 | $-50 (-3%) |
| Hobbs, NM | 99.2 mi | $1,610 | +$30 (+2%) |
| Wolfforth, TX | 100.1 mi | $2,120 | +$540 (+34%) |
| Lubbock, TX | 104.7 mi | $1,932 | +$352 (+22%) |
| Canyon, TX | 110.6 mi | $1,740 | +$160 (+10%) |
| Amarillo, TX | 121.9 mi | $1,954 | +$374 (+24%) |
| Carlsbad, NM | 147.8 mi | $1,490 | $-90 (-6%) |
4+ Bedroom rent in Portales — common questions
How much is a 4+ bedroom apartment in Portales?
As of July 2026, the median 4+ bedroom apartment rent in Portales, New Mexico is $1,580 per month. This is +83% higher than the citywide median of $862.
What income do you need to afford a 4+ bedroom in Portales?
Using the standard 30% rent-to-income rule, you would need an annual income of about $63,200 ($5,267/month gross), which works out to roughly $30.38/hour at a full-time job.
Is Portales expensive for a 4+ bedroom compared to the rest of the US?
Portales's 4+ bedroom median of $1,580 is +37% below the national 4+ bedroom median of $2,520. It ranks in the 10th percentile of US cities tracked.
How does Portales rank for 4+ bedroom rent in New Mexico?
Among the 15 cities in New Mexico with 4+ bedroom data, Portales ranks #5 from cheapest to most expensive.
Are there cheaper 4+ bedroom options near Portales?
Yes — nearby cities with cheaper 4+ bedroom rents include Roswell ($1,530), Carlsbad ($1,490).