Average Rent in Lovington, NM and Rent Price Trends

Rent price trends in
Lovington, NM

Rent price trends

Rent prices for all bedroom counts and property types in Lovington, NM have remained the same in the last month and have increased by 28% in the last year.

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

Rent comparables in
Lovington, NM
The monthly rent for an apartment in Lovington, NM is $1,050. A 1-bedroom apartment in Lovington, NM costs about $771 on average, while a 2-bedroom apartment is $950. Houses for rent in Lovington, NM are more expensive, with an average monthly cost of $1,600.


1 bedroom	$950	15%	20%
2 bedroom	$1,200	2%	20%
3 bedroom	$2,200	64%	-
4 bedroom	$2,500	-	-
Studio	$650	-	-

				Comparables
Apartments	$1,050	2%	No Change
Houses	$1,600	18%	No Change

Studio

Average rent

$650

1 bedroom

Average rent

$950

Last 30 days

15%

Last year

20%

2 bedroom

Average rent

$1,200

Last 30 days

Last year

20%

3 bedroom

Average rent

$2,200

Last 30 days

64%

4 bedroom

Average rent

$2,500

The table above reflects average rent prices in Lovington, 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.

Compare rent prices in Lovington, NM to other cities

Median rent prices in Lovington, NM for all bedroom counts and property types compared to Abilene, TX.

Lovington

Median rent price$1,250

35%

lower than the national median

Median rent price$1,495

23%

lower than the national median

Takeaway

The median rent for all rentals in Lovington, NM is 16% lower than the median rent in Abilene, TX.

More data insights and reports

National Rent Report

Canadian Rent Report

Annual Rent Report

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