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2 Days Ago

Location

124 New Mexico Dr, Portales, NM 88130, USA

Tour 124 New Mexico Dr

Contact

Homespot Property Management, LLC

(575) 356-5639

Policies and fees

Applicants

Applicants

One-time.

Contact Property

REQUIRED FEES

Security Deposit

One-time. Refundable.

Contact Property
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About 124 New Mexico Dr

HomeHouses in Portales 124 New Mexico Dr, Portales, NM 88130, USA

124 New Mexico Dr cost $1,300 per month. Located at 124 New Mexico Dr, Portales, NM 88130, USA, this unit has 3 bedrooms and 2 bathrooms. Based on the average rent price of 3 bedrooms in Portales, renting this apartment is 9% more expensive per month.Other available apartments to lease near Portales around the same price include but are not limited to: 112 Oklahoma Dr #1, 2252 Taos Ct


Address details

Zip code88130
TypeHouse for rent

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Rent trends in Portales

3-bedroom apartments at 124 New Mexico Dr cost about 9% more than the average rent price for 3-bedroom apartments in Portales.

Median rents as of May 30 2026.
Portales
A table of 3-bedroom apartment rental data trends in Portales
MonthMedian Rent
June 2024$1,000
July 2024$997
August 2024$1,140
September 2024$1,156
October 2024$1,128
November 2024$1,097
December 2024$1,100
January 2025$1,043
February 2025$1,006
March 2025$1,015
April 2025$1,181
May 2025$1,289
June 2025$1,137
July 2025$967
August 2025$1,092
September 2025$1,018
October 2025$1,145
November 2025$1,150
December 2025$1,135
January 2026$1,106
February 2026$1,153
March 2026$1,214
April 2026$1,197
May 2026$1,197

Affordability calculator

Can I afford to live at 124 New Mexico Dr?

Bedrooms

3 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

$52,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $52,000 annually to afford this 3-bedrooms monthly rent price of $1,300.
For more information on rent affordability, visit our rent calculator.

Schools near 124 New Mexico Dr

James Elementary School

701 west 18th st

portales, NM, 88130

1-2Public
B+

Brown Early Childhood Center

520 west 5th st

portales, NM, 88130

PK, KPublic
B+

Valencia Elementary School

1415 south globe

portales, NM, 88130

3-4Public
B
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Internet available near 124 New Mexico Dr

Neighborhood

NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.

Getting around Portales near 124 New Mexico Dr

Walking

3/10
Fewer daily needs are within walking distance (unless you’re up for a challenge).

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.

Points of interest for 124 New Mexico Dr, Portales

Groceries

5/10
Variety of groceries within a short drive

Shopping

3/10
Some shops within a short drive

Cafes

2/10
Few or no cafés within a short drive

Restaurants

4/10
Some restaurants within a short drive

Primary schools

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

High schools

1/10
Closest high school further than a 30-minute walk

Nightlife

2/10
Few or no bars within a short drive

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