Last updated on June 23, 2026

Average rent in
Eastern New Mexico University, NM

Median rent

Median rent in Portales

$800/mo

increased by34%

vs previous year

The average rent in Portales is $800 per month as of June 2026. This is 59% below the national average rent, or $1,150 less per month.

$1.09

average price per square foot

Total rentals

Available rentals in Portales

38

for rent on Zumper.com as of June 2026

Rent price distribution

Share of Portales rentals at each price point

55%41%28%14%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 34% 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 $900. 1-bedroom apartments in Portales run $600 on average, while 2-bedroom apartments are $800.

Listings

1 bedroom

$600

-

11%

2 bedroom

$850

-

30%

3 bedroom

$1,000

-

-

1 bedroom

Average rent

$600

Last year

11%

2 bedroom

Average rent

$850

Last year

30%

3 bedroom

Average rent

$1,000

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

Apartment for rent

507 W 1st St - Photo 1 of 1

5d+ ago

Apartment for rent in Portales

Design On A Dime!!! 1 Bedroom Apartment Rental!!!

507 W 1st St, Portales, NM 88130

1 bed

1 bath

$535

Apartment for rent

ra0304 - Photo 1 of 1

3d ago

8.4

Very good

ra0304

304 S Abilene Ave, Portales, NM 88130

1 bed

1 bath

$550

Apartment for rent

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

Apartment for rent

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

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 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 $800 per month as of June 20, 2026.

Is rent up or down in Portales?

Average rent prices in Portales have increased by 34% since last year.

How does Portales rent compare to the national average?

Rent in Portales is 59% below the national average, which means renters are paying approximately $1,150 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 $32,000/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).