Last updated on September 28, 2026

Average rent in
Farmington, NM

Median rent

Median rent in Farmington

$1,495/mo

increased by9%

vs previous year

The average rent in Farmington is $1,495 per month as of September 2026. This is 21% below the national average rent, or $405 less per month.

$1.30

average price per square foot

Total rentals

Available rentals in Farmington

35

for rent on Zumper.com as of September 2026

Rent price distribution

Share of Farmington rentals at each price point

50%38%25%13%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 increased by 9% 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 $1,025, whereas a house costs $1,750. 1-bedroom apartments in Farmington run $975 on average, while 2-bedroom apartments are $1,050.

Listings

Studio

$1,325

7%

27%

1 bedroom

$950

7%

9%

2 bedroom

$1,100

14%

6%

3 bedroom

$1,025

6%

23%

4 bedroom

$2,000

9%

No Change

Studio

Average rent

$1,325

Last 30 days

7%

Last year

27%

1 bedroom

Average rent

$950

Last 30 days

7%

Last year

9%

2 bedroom

Average rent

$1,100

Last 30 days

14%

Last year

6%

3 bedroom

Average rent

$1,025

Last 30 days

6%

Last year

23%

4 bedroom

Average rent

$2,000

Last 30 days

9%

Last year

No Change

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 by21%

lower than the national median

Median rent price$1,350
decreased by29%

lower than the national median

Takeaway

The median rent for all rentals in Farmington, NM is 11% higher than the median rent in Albuquerque, NM.

Discover rentals in Farmington, NM

Mobile Home Living - Photo 1 of 1

5d+ ago

8.3

Very good

Mobile Home Living

725 W Broadway, Farmington, NM 87401

2 beds

1 bath

$950

612 N Allen Ave - Photo 1 of 1

4d ago

House for rent in Farmington

2510 N Lee Ave - Photo 1 of 1

5d+ ago

Apartment for rent in Farmington

2510 N Lee Ave, Farmington, NM 87402

2 beds

1.5 baths

$1,050

2807 E 22nd St #C - Photo 1 of 1

4d ago

Apartment for rent in Farmington

Centrally Located 2 Bed 1 Bath

2807 E 22nd St #C, Farmington, NM 87402

2 beds

1 bath

$1,100

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 September 26, 2026.

Is rent up or down in Farmington?

Average rent prices in Farmington have remained the same over the last month and have increased by 9% since last year.

How does Farmington rent compare to the national average?

Rent in Farmington is 21% below the national average, which means renters are paying approximately $405 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?

November offers the lowest rents in Farmington, running about 9.5% below May prices, which see the highest rent throughout the year.

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