Last updated on September 18, 2026

Average rent in
Eastern New Mexico University, NM

Median rent

Median rent in Portales

$825/mo

increased by9%

vs previous year

The average rent in Portales is $825 per month as of September 2026. This is 57% below the national average rent, or $1,075 less per month.

$0.75

average price per square foot

Total rentals

Available rentals in Portales

22

for rent on Zumper.com as of September 2026

Rent price distribution

Share of Portales 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 Eastern New Mexico University, NM

Average rent prices in Portales have increased by 9% 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 $650, whereas a house costs $1,047. 1-bedroom apartments in Portales run $550 on average, while 2-bedroom apartments are $650.

Listings

1 bedroom

$550

-

22%

2 bedroom

$700

-

3%

3 bedroom

$1,050

-

2%

4 bedroom

$1,537

-

-

1 bedroom

Average rent

$550

Last year

22%

2 bedroom

Average rent

$700

Last year

3%

3 bedroom

Average rent

$1,050

Last year

2%

4 bedroom

Average rent

$1,537

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

109 S Boston Ave - Photo 1 of 1

4d ago

Apartment for rent in Portales

Lovely 1 + Bedroom Apartment for Lease

109 S Boston Ave, Portales, NM 88130

2 beds

1 bath

$525

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

SKYLINE - 1400 - Photo 1 of 1

3d ago

8.5

Very good

SKYLINE - 1400

1400 S Avenue E, Portales, NM 88130

2 beds

1 bath

$600

NEXT GENERATION - 1549 AZ - Photo 1 of 1

1d ago

8.5

Very good

NEXT GENERATION - 1549 AZ

1549 Arizona Dr, Portales, NM 88130

2 beds

1 bath

$700

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

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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 $825 per month as of September 12, 2026.

Is rent up or down in Portales?

Average rent prices in Portales have increased by 9% since last year.

How does Portales rent compare to the national average?

Rent in Portales is 57% below the national average, which means renters are paying approximately $1,075 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 $33,000/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).