Portales, NM Rent History

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

Today (2026-06)
$862
1-year change
-5.1%
$-46/mo

Monthly rent trend

Loading…

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 $862 as of 2026-06 — a change of $67 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 decreased -5.1% ($-46/mo). Current median: $862.

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.