Last updated on August 14, 2026

Average rent in
Farmington, NM

Median rent

Median rent in Farmington

$1,495/mo

increased by11%

vs previous year

The average rent in Farmington is $1,495 per month as of August 2026. This is 22% below the national average rent, or $430 less per month.

$1.33

average price per square foot

Total rentals

Available rentals in Farmington

39

for rent on Zumper.com as of August 2026

Rent price distribution

Share of Farmington rentals at each price point

55%41%28%14%0%
$0 - $750
$751 - $1,500
$1,501 - $2,250
$2,251 - $3,000
$3,001+

Rent trends in Farmington, NM

Average rent prices in Farmington have increased by 3% over the last month and have increased by 11% since last year.

Rent trends

Rent prices on this page are calculated on a rolling 30-day basis and updated daily.

Compare rent prices in Farmington, NM

Rent prices in Farmington vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Farmington is $1,297, whereas a house costs $1,600. 1-bedroom apartments in Farmington run $1,200 on average, while 2-bedroom apartments are $1,350.

Listings

Studio

$1,800

4%

15%

1 bedroom

$950

4%

2%

2 bedroom

$1,497

19%

6%

3 bedroom

$1,650

7%

3%

4 bedroom

$2,400

1%

21%

Studio

Average rent

$1,800

Last 30 days

4%

Last year

15%

1 bedroom

Average rent

$950

Last 30 days

4%

Last year

2%

2 bedroom

Average rent

$1,497

Last 30 days

19%

Last year

6%

3 bedroom

Average rent

$1,650

Last 30 days

7%

Last year

3%

4 bedroom

Average rent

$2,400

Last 30 days

1%

Last year

21%

The table above reflects average rent prices in Farmington, NM, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.

How does rent in Farmington, NM compare to other cities?

Compare median rent prices in Farmington and Albuquerque by all bedroom counts and property types.

Farmington

Median rent price$1,495
decreased by22%

lower than the national median

Median rent price$1,256
decreased by35%

lower than the national median

Takeaway

The median rent for all rentals in Farmington, NM is 19% higher than the median rent in Albuquerque, NM.

Discover rentals in Farmington, NM

951 N Auburn Ave #32 - Photo 1 of 1

5d+ ago

House for rent in Farmington

3 Bed / 1 Bath Unit in Farmington

951 N Auburn Ave #32, Farmington, NM 87401

3 beds

1 bath

$975

$900

Price drop

House for rent

Available Jul 16

951 N Auburn Ave #35 - Photo 1 of 1

1d ago

House for rent in Farmington

3 bedroom / 1 Bathroom New Remodel

951 N Auburn Ave #35, Farmington, NM 87401

3 beds

1 bath

$1,000

$950

Price drop

House for rent

Available Jul 17

1631 Farmington Ave #4 - Photo 1 of 1

1d ago

Apartment for rent in Farmington

2 beds

1.5 baths

$1,200

Apartment for rent

905 N Tucker - Photo 1 of 1

2d ago

8.1

Very good

905 N Tucker

905 N Tucker Ave, Farmington, NM 87401

2 beds

1 bath

$1,200

Apartment for rent

Stay up to date with rental market insights

Are you interested in licensing our current and historical rental real estate data, or do you have custom data requests? Contact datalicensing@zumper.com.

Frequently asked questions for Farmington, NM

Quick answers to common questions about the Farmington rental market.

How much is rent in Farmington?

The average rent in Farmington is $1,495 per month as of August 8, 2026.

Is rent up or down in Farmington?

Average rent prices in Farmington have increased by 3% over the last month and have increased by 11% since last year.

How does Farmington rent compare to the national average?

Rent in Farmington is 22% below the national average, which means renters are paying approximately $430 less per month.

What salary do I need to afford rent in Farmington?

To comfortably afford rent in Farmington, you'd need to earn approximately $60,000/year, based on spending no more than 30% of your income on rent.

When is the best time of year to rent in Farmington?

Based on Zumper's July 2026 data, one-bedroom apartments in Farmington average around $1,060/month and two-bedrooms approximately $1,460/month.

Methodology

Rent prices are based on Zumper's rental listings from the past 30 days. Median rent is calculated across all available listings and property types on the platform. If you filter the page by bedroom count or property type, the pricing throughout the page will update automatically to reflect that segment of the rental market.

Household and population data come from the U.S. Census Bureau. Cost-of-living data is sourced from the Council for Community and Economic Research's Cost of Living Index (COLI).

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