Last updated on November 2, 2026

Average rent in
Eastern New Mexico University, NM

Median rent

Median rent in Portales

$1,020/mo

increased by32%

vs previous year

The average rent in Portales is $1,020 per month as of October 2026. This is 46% below the national average rent, or $880 less per month.

$0.75

average price per square foot

Total rentals

Available rentals in Portales

31

for rent on Zumper.com as of October 2026

Rent price distribution

Share of Portales 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 Eastern New Mexico University, NM

Average rent prices in Portales have increased by 32% since last year. At this time, we don't have enough information to generate yearly trends. Please see below for more rent price details.

Rent trends

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

Compare rent prices in Eastern New Mexico University, NM

Rent prices in Portales vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Portales is $700, whereas a house costs $1,235. 1-bedroom apartments in Portales run $697 on average, while 2-bedroom apartments are $700.

Listings

1 bedroom

$697

-

12%

2 bedroom

$787

-

13%

3 bedroom

$1,650

-

6%

4 bedroom

$1,225

-

-

1 bedroom

Average rent

$697

Last year

12%

2 bedroom

Average rent

$787

Last year

13%

3 bedroom

Average rent

$1,650

Last year

6%

4 bedroom

Average rent

$1,225

The table above reflects average rent prices in Eastern New Mexico University, 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.

Discover rentals in Eastern New Mexico University, NM

510 E 1st St - Photo 1 of 1

5d+ ago

Apartment for rent in Portales

Remodeled Studio for Lease

510 E 1st St, Portales, NM 88130

1 bed

1 bath

$435

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
818 S Avenue A #818 - Photo 1 of 1

5d+ ago

Apartment for rent in Portales

Recently Remodeled!!! 2 Bedroom 1Bath

818 S Avenue A #818, Portales, NM 88130

2 beds

1 bath

$575

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
111 S Boston Ave #111 - Photo 1 of 1

4d ago

Apartment for rent in Portales

Lovely Remodeled 2 Bedroom Apartment!!!

111 S Boston Ave #111, Portales, NM 88130

2 beds

1 bath

$576

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
SKYLINE - 1400 - Photo 1 of 1

5d+ ago

7.9

Very good

SKYLINE - 1400

1400 S Avenue E, Portales, NM 88130

2 beds

1 bath

$600

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.

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Frequently asked questions for Eastern New Mexico University, NM

Quick answers to common questions about the Portales rental market.

How much is rent in Portales?

The average rent in Portales is $1,020 per month as of October 31, 2026.

Is rent up or down in Portales?

Average rent prices in Portales have increased by 32% since last year.

How does Portales rent compare to the national average?

Rent in Portales is 46% below the national average, which means renters are paying approximately $880 less per month.

What salary do I need to afford rent in Portales?

To comfortably afford rent in Portales, you'd need to earn approximately $41,000/year, based on spending no more than 30% of your income on rent.

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).