Portales, NM Rent History

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

Today (2026-09)
$1,008
1-year change
+6.9%
$65/mo

Monthly rent trend

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Year-by-year rent in Portales

YearMedian rentYoY changevs 2023
2023$864/mo—0.0%
2024$895/mo+3.6%+3.6%
2025$920/mo+2.8%+6.5%
2026$969/mo+5.3%+12.2%

Frequently asked questions

How much has rent in Portales changed since 2023?

Median rent in Portales, NM was $864 in 2023-05 and is $1,008 as of 2026-09 — a change of $144 per month over 3 years.

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

Year over year, median rent in Portales, NM has increased +6.9% ($65/mo). Current median: $1,008.

See full rent data for Portales, 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.