Portales, NM Rent History

39 months of data, 20232026. Source: ZORI (Zillow Observed Rent Index, smoothed seasonally adjusted).

Today (2026-07)
$975
1-year change
+7.4%
$67/mo

Monthly rent trend

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Year-by-year rent in Portales

YearMedian rentYoY changevs 2023
2023$795/mo0.0%
2024$824/mo+3.6%+3.6%
2025$901/mo+9.3%+13.3%
2026$896/mo-0.6%+12.7%

Frequently asked questions

How much has rent in Portales changed since 2023?

Median rent in Portales, NM was $795 in 2023-05 and is $975 as of 2026-07 — a change of $180 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 +7.4% ($67/mo). Current median: $975.

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.