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Location

703 E 23rd St, Farmington, NM 87401, USA
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Management

SoWesCo Property Management

Leasing office

(505) 325-2100

Floor plans

2BR/1.0BA2 bed1 bath864 sqft$985 /mo1 unit availableNice property in close proximity to Smith's. Two full bedrooms, living room, dining room, fenced yard, off-street parking and more. Call the office today to set up a showing time. Utilities: Gas and electric to be placed into tenants name. *** No Smoking Policy*** *** Pets Upon Approval; Pet Deposit and Pet Rent *** Additional Costs: $15 a month for Renters Legal Liability $15 a month for annual Weed spray $75 a month for Water, Sewer Trash, which will be left in owners name One Time Admin Fee at lease signing of $100 For more information, or to apply: www sowescopropertymanagement com $50 application fee (per person 18 years of age and older). For showings, please call the office at (505) 325-2100. Office located at 2222 E 20th Street, Suite A Farmington, NM 87401

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Building details

Property details

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About 703 East 23rd

HomeApartments in Farmington 703 East 23rd

Nice property in close proximity to Smith's. Two full bedrooms, living room, dining room, fenced yard, off-street parking and more. Call the office today to set up a showing time. Utilities: Gas and electric to be placed into tenants name. *** No Smoking Policy*** *** Pets Upon Approval; Pet Deposit and Pet Rent *** Additional Costs: $15 a month for Renters Legal Liability $15 a month for annual Weed spray $75 a month for Water, Sewer Trash, which will be left in owners name One Time Admin Fee at lease signing of $100 For more information, or to apply: www sowescopropertymanagement com $50 application fee (per person 18 years of age and older). For showings, please call the office at (505) 325-2100. Office located at 2222 E 20th Street, Suite A Farmington, NM 87401


Property highlights

We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.

How 703 East 23rd compares to other nearby properties.

Positives

Elementary school nearby
There is an elementary school 0.4 mile away
High school nearby
There is a high school 1 mile away
Middle school nearby
There is a middle school 0.5 mile away

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Rent trends in Farmington

2-bedroom apartments at 703 East 23rd cost about 18% less than the average rent price for 2-bedroom apartments in Farmington.

Median rents as of Oct 25 2025.
Farmington
A table of studio rental data trends in Farmington
MonthMedian Rent
November 2023$1,428
December 2023$1,017
January 2024$971
February 2024$1,099
March 2024$1,348
April 2024$942
May 2024$666
June 2024$1,200
July 2024$825
August 2024$725
September 2024$700
November 2024$660
December 2024$746
April 2025$690
May 2025$690
October 2025$680

Affordability calculator

Can I afford to live at 703 E 23rd St?

Bedrooms

2 bedrooms

Rent-to-income ratio

30%

Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income

$39,400/yr

With your selected rent-to-income ratio, you'd ideally want to make $39,400 annually to afford this 2-bedrooms monthly rent price of $985.
For more information on rent affordability, visit our rent calculator.

Schools near 703 East 23rd

Northeast Elementary School

1400 east 23rd

farmington, NM, 87401

K-6Public
A-

Farmington Preschool Academy West

301 n court ave

farmington, NM, 87401

PKPublic

Farmington Preschool

5840 fortuna dr

farmington, NM, 87402

PKPublic
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Internet available near 703 East 23rd

Getting around Farmington near 703 E 23rd St

Walking

6/10
Some shops and stores are within a few minutes.

Driving

9/10
Commuting is easy with multiple accessible routes and plenty of parking.

Cycling

4/10
More spots are within biking distance and some roads are cyclist-friendly.

Transit

3/10
There are a few mass transit options within the area.

Points of interest for 703 E 23rd St, Farmington

Groceries

8/10
At least one supermarket within a 10-minute walk

Shopping

4/10
Some shops within walking distance

Cafes

5/10
Some cafés within a few minutes’ walk

Restaurants

5/10
Some restaurants within a few minutes’ walk

Primary schools

7/10
At least one elementary school within a 15-minute walk

High schools

7/10
At least one high school within a 15-minute walk

Nightlife

1/10
Few or no bars within walking distance

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