Home/Rankings/Most affordable/New Mexico

Most affordable cities for renters in New Mexico

Cities in New Mexico ranked by lowest median rent. Includes cities with 15,000+ residents. Updated monthly.

Best value (RRS)Overheated (RRS)Most affordable Most expensive Rent falling Rent rising Best rent/income Most rent-burdened

11 cities

RankCity, StateMedian rentYoYRent/income

01

Pop. 38KCompare →

$1,272/mo+4.7%27.8%

02

Pop. 48KCompare →

$1,273/mo+1.2%29.6%

03

Pop. 46KCompare →

$1,304/mo-1.2%22.7%

04

Pop. 114KCompare →

$1,435/mo+12.9%31.1%

05

Pop. 40KCompare →

$1,439/mo+3.5%27.0%

06

Pop. 562KCompare →

$1,473/mo+0.4%25.9%

07

Pop. 31KCompare →

$1,562/mo+6.8%33.5%

08

Pop. 32KCompare →

$1,654/mo0.0%27.5%

09

Pop. 109KCompare →

$1,875/mo+0.5%25.1%

10

Pop. 89KCompare →

$1,882/mo-1.1%30.7%

11

Pop. 19KCompare →

$2,015/mo+15.5%38.8%

Most Affordable Cities to Rent in New Mexico | RentDataNow