Last updated on May 15, 2026

Average rent in
Farmington, NM

Key takeaways for renters

  • The bottom line

    Farmington, NM rent slipped 14.8% year over year, with a current median of $1,150/month. Renters today are paying $49 less per month on average than last year, while month-to-month rent remains essentially flat.

  • Compared to national trends

    Farmington is 41.0% more affordable than the $1,950/month national median. This reflects its position as a smaller market with fewer total rentals but accessible pricing for renters.

  • Rent ranges by bedroom

    Studios in Farmington run around $700/month, 1-bedrooms around $950/month, and 2-bedrooms around $1,050/month, while 3-bedrooms and 4+ bedrooms rise to $1,848/month and $2,200/month respectively, covering a broad price spectrum across bedroom sizes.

Median rent

Median rent in Farmington

$1,150/mo

decreased by15%

vs previous year

The average rent in Farmington is $1,150 per month as of May 2026. This is 41% below the national average rent, or $800 less per month.

$1.26

average price per square foot

Total rentals

Available rentals in Farmington

60

for rent on Zumper.com as of May 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 remained the same over the last month and have decreased by 15% 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 $1,100, whereas a house costs $1,150. 1-bedroom apartments in Farmington run $900 on average, while 2-bedroom apartments are $1,100.

Listings

Studio

$700

22%

6%

1 bedroom

$950

5%

5%

2 bedroom

$1,050

4%

2%

3 bedroom

$1,847

1%

9%

4 bedroom

$2,200

3%

19%

Studio

Average rent

$700

Last 30 days

22%

Last year

6%

1 bedroom

Average rent

$950

Last 30 days

5%

Last year

5%

2 bedroom

Average rent

$1,050

Last 30 days

4%

Last year

2%

3 bedroom

Average rent

$1,847

Last 30 days

1%

Last year

9%

4 bedroom

Average rent

$2,200

Last 30 days

3%

Last year

19%

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$1,150
decreased by41%

lower than the national median

Median rent price$1,300
decreased by33%

lower than the national median

Takeaway

The median rent for all rentals in Farmington, NM is 12% lower than the median rent in Albuquerque, NM.

Average rent in nearby cities

Explore rent trends in neighboring markets

Albuquerque

$1,300

increased by9%
Last year
Aztec

$1,400

increased by13%
Last year
Bernalillo

$1,625

decreased by12%
Last year
Bloomfield

$1,600

increased by24%
Last year
Cortez

$1,275

increased by1%
Last year
Durango

$2,100

decreased by1%
Last year

Discover rentals in Farmington, NM

2609 Southside River Rd #SB38 - Photo 1 of 1

2d ago

Apartment for rent in Farmington

Cozy & Convenient Living in Farmington – Unit SB38 is Ready for You!

2609 Southside River Rd #SB38, Farmington, NM 87401

2 beds

1 bath

$875

Apartment for rent

Available Apr 6

2500 Lee Ave - Four Plex - Photo 1 of 1

3d ago

8.3

Very good

2500 Lee Ave - Four Plex

2500 N Lee Ave, Farmington, NM 87402

2 beds

1 bath

$900

Apartment for rent

2530 Bloomfield Hwy #182 - Photo 1 of 1

5d+ ago

House for rent in Farmington

Four Corner Studios - 182

2530 Bloomfield Hwy #182, Farmington, NM 87401

2 beds

1 bath

$1,050

House for rent

Available May 1

2530 Bloomfield Hwy #183 - Photo 1 of 1

5d+ ago

House for rent in Farmington

Four Corner Studios - 183

2530 Bloomfield Hwy #183, Farmington, NM 87401

2 beds

1 bath

$1,050

House for rent

Available May 1

Stay up to date with rental market insights

View the National Rent Report

National Rent Report

View the Canadian Rent Report

Canadian Rent Report

View the Annual Rent Report

Annual Rent Report

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 $1,150 per month as of May 14, 2026.

Is rent up or down in Farmington?

Average rent prices in Farmington have remained the same over the last month and have decreased by 15% since last year.

How does Farmington rent compare to the national average?

Rent in Farmington is 41% below the national average, which means renters are paying approximately $800 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 $46,000/year, based on spending no more than 30% of your income on rent.

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

Farmington's 2025 rental market shows one-bedroom apartments averaging around $1,200 per month, while two-bedroom units rent for around $1,500 monthly. The overall market averaged around $1,600 across all property types during 2025.

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).

Apartments for rent in Aztec
Apartments for rent in Bloomfield
Apartments for rent in Cortez
Apartments for rent in Durango
Apartments for rent in Farmington
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Apartments for rent in Kirtland
Apartments for rent in Mancos

2203 Heights Dr, Farmington, NM 87401, USA
200 East Navajo Street, Farmington, NM 87401, USA
5210 Hickory Avenue, Farmington, NM 87402, USA
2625 E 22nd St, Farmington, NM 87401, USA
301 W Apache St, Farmington, NM 87401, USA
2115 Tesoro Pl, Farmington, NM 87401, USA
1008 Zuni Dr, Farmington, NM 87401, USA
5901 W Main St, Farmington, NM 87401, USA
3100 Ranch Ct, Farmington, NM 87401, USA
3008 N Sunset Ave, Farmington, NM 87401, USA
1507 Zuni Dr, Farmington, NM 87401, USA
1604 Municipal Dr, Farmington, NM 87401, USA
1066 E Navajo St, Farmington, NM 87401, USA
5542 Cypress St, Farmington, NM 87402, USA
4501 Arctic St, Farmington, NM 87402, USA
1700 E 31st St, Farmington, NM 87401, USA
2001 N Mesa Verde Ave, Farmington, NM 87401, USA
1011 S Monterey Ave, Farmington, NM 87401, USA
115 W Main St, Farmington, NM 87401, USA
1621 E 21st St, Farmington, NM 87401, USA