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ZIP Code · NM

ZIP 88130

Part of Portales, NM
Pop. 17,842·Roosevelt County·35th most expensive ZIP in New Mexico
Median rent (all units)
$862/mo
Year-over-Year
-4.7%
Month-over-Month
+0.2%
vs US Median
-$1,103
Stable (Monthly)
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Most AffordableMost Expensive
ZIP 88130 · $862
More affordable than 100% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$730
1 BR
$780
2 BR
$980
3 BR
$1,360
4 BR+
$1,640
Research median
$980/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: July 20, 2026

Annual cost
$10,344/yr
At $862/mo median
Location
StateNM
CountyRoosevelt County
Rent Market Meter
Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are softening (down 4.7% YoY), so renters have negotiating leverage.
Based on rent-price momentum (-4.7% YoY, +0.2% MoM), not inventory.
Demographics

Who lives here

ZIP 88130 (Portales, NM) is majority owner-occupied, has a large share of families with children, has a median income below the national average, 21.4% of residents hold a bachelor's degree or higher.

Population
17,842
Median income
$52,434
Median age
30
Renters
40.6%
Age distribution
25.4%
29.3%
21.8%
14.1%
Under 1825.4%
18–3429.3%
35–5421.8%
55–649.4%
65+14.1%
Gender
50.6%
49.4%
Male50.6%
Female49.4%
Race & ethnicity
61.5%
45.9%
White61.5%
Black0.7%
Hispanic45.9%
Asian0.7%
Education (25+)
13.6%
28.4%
36.6%
21.4%
No HS diploma13.6%
HS diploma28.4%
Some college36.6%
Bachelor's+21.4%
Housing tenure
59.4%
40.6%
Owner59.4%
Renter40.6%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How ZIP 88130 in Portales, NM has changed in 5 years

Income
$47,694 → $52,434
up 9.9%
Population
17,795 → 17,842
up 0.3%
Renter share
41.3% → 40.6%
-0.7 pts
Bachelor's+
22% → 21.4%
-0.6 pts

Local incomes tracked alongside that move, going from a median of $47,694 in 2021 to $52,434 more recently.

Community

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Local insights

Tips for renters in ZIP 88130

About renting in ZIP 88130

Last updated: July 20, 2026

ZIP code 88130 covers Portales, NM. The median rent here is $862/mo as of July 2026. A 1-bedroom rents for a median of $780/mo. A 2-bedroom rents for a median of $980/mo.

At 20% of local median household income ($52,434/yr), ZIP 88130 ranks as affordable compared to the national benchmark of 30%. Rents have decreased 4.7% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 88130?

As of July 20, 2026, the median monthly rent in ZIP 88130 (Portales, NM) is $862. This is based on aggregated data from public sources and community submissions.

How does ZIP 88130 rent compare to the US average?

ZIP 88130's median rent of $862/mo is $1,103 (56%) below the US national median of $1,965/mo.

How does ZIP 88130 compare to other ZIPs in New Mexico?

ZIP 88130 is among the more affordable ZIP codes in New Mexico, ranking #35 out of 35 ZIPs at $862/mo.

How much income do you need to rent in ZIP 88130?

To keep rent at or below 30% of gross income, you would need to earn at least $34,000/year (~$16/hour full-time) to afford the median rent of $862/mo in ZIP 88130. The local median household income is $52,434/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 88130?

Rent in ZIP 88130 has decreased 4.7% over the past year as of July 20, 2026, offering some relief compared to 12 months ago.

Is ZIP 88130 an affordable place to rent?

ZIP 88130 is considered very affordable for renters. At $862/mo, rent takes approximately 20% of the local median household income ($52,434/yr). The standard benchmark is 30%. ZIP 88130 falls comfortably within that range.

What percentage of ZIP 88130 residents rent vs. own?

According to Census data, approximately 40.6% of ZIP 88130 households are renters, while 59.4% are owner-occupied. ZIP 88130 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 88130 compare to the rest of Portales?

ZIP 88130 sits right at the Portales citywide median of $862/mo.

When was rent data for ZIP 88130 last updated?

Rent data for ZIP 88130 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
20%
VERY AFFORDABLE

At $862/mo, rent takes ~20% of ZIP 88130's median household income ($52,434/yr). The standard benchmark is 30%.

ZIP 88130 20%Benchmark 30%
State income tax1.7–5.9%
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Schools nearby

Public schools near ZIP 88130 (Portales, NM)

Recent submissions

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