Last updated on June 29, 2026

Average rent in
Farmington, NM

Median rent

Median rent in Farmington

$1,125/mo

decreased by25%

vs previous year

The average rent in Farmington is $1,125 per month as of June 2026. This is 42% below the national average rent, or $825 less per month.

$1.22

average price per square foot

Total rentals

Available rentals in Farmington

41

for rent on Zumper.com as of June 2026

Rent price distribution

Share of Farmington rentals at each price point

60%45%30%15%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 50% over the last month and have decreased by 25% 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 $1,075, whereas a house costs $1,100. 1-bedroom apartments in Farmington run $950 on average, while 2-bedroom apartments are $1,050.

Listings

Studio

$850

21%

25%

1 bedroom

$950

9%

14%

2 bedroom

$1,050

14%

14%

3 bedroom

$1,795

8%

2%

4 bedroom

$2,500

1%

24%

Studio

Average rent

$850

Last 30 days

21%

Last year

25%

1 bedroom

Average rent

$950

Last 30 days

9%

Last year

14%

2 bedroom

Average rent

$1,050

Last 30 days

14%

Last year

14%

3 bedroom

Average rent

$1,795

Last 30 days

8%

Last year

2%

4 bedroom

Average rent

$2,500

Last 30 days

1%

Last year

24%

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$1,125
decreased by42%

lower than the national median

Median rent price$1,282
decreased by34%

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.

Discover rentals in Farmington, NM

2012 N Tucker Ave - Photo 1 of 1

5d+ ago

8.4

Very good

2012 N Tucker Ave

2012 N Tucker Ave, Farmington, NM 87401

2 beds

1 bath

$950

Apartment for rent

824 N Vine Ave #D - Photo 1 of 1

5d+ ago

House for rent in Farmington

House for rent

Court N. 320 - Photo 1 of 1

18h ago

8.1

Very good

Court N. 320

320 N Court Ave, Farmington, NM 87401

2 beds

1 bath

$1,050

Apartment for rent

302 E 18th Street - Photo 1 of 1

4d ago

8

Very good

302 E 18th Street

302 E 18th St, Farmington, NM 87401

2 beds

1 bath

$1,100

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 $1,125 per month as of June 27, 2026.

Is rent up or down in Farmington?

Average rent prices in Farmington have increased by 50% over the last month and have decreased by 25% since last year.

How does Farmington rent compare to the national average?

Rent in Farmington is 42% below the national average, which means renters are paying approximately $825 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 $45,000/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).

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