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 →

$1,229/mo+1.6%26.9%

02

Pop. 48KCompare →

$1,326/mo+5.3%30.8%

03

Pop. 46KCompare →

$1,343/mo+3.3%23.4%

04

Pop. 114KCompare →

$1,434/mo+13.0%31.0%

05

Pop. 40KCompare →

$1,475/mo+8.8%27.6%

06

Pop. 562KCompare →

$1,480/mo+1.2%26.0%

07

Pop. 31KCompare →

$1,528/mo+3.7%32.8%

08

Pop. 32KCompare →

$1,550/mo0.0%25.7%

09

Pop. 109KCompare →

$1,726/mo-7.4%23.1%

10

Pop. 89KCompare →

$1,969/mo+2.9%32.2%

11

Pop. 19KCompare →

$2,006/mo+17.5%38.6%