Bedroom count
Property type
Last updated on July 2, 2026
Last updated on July 2, 2026
Bedroom count
Property type
Median rent in Portales
$800/mo
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.
average price per square foot
Available rentals in Portales
36
for rent on Zumper.com as of June 2026
Share of Portales rentals at each price point
Average rent prices in Portales have increased by 7% over the last month and have decreased by 6% since last year.
Rent prices on this page are calculated on a rolling 30-day basis and updated daily.
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 $975. 1-bedroom apartments in Portales run $625 on average, while 2-bedroom apartments are $775.
Listings | ||||
|---|---|---|---|---|
Studio | $400 | 1% | No Change | |
1 bedroom | $600 | 3% | 5% | |
2 bedroom | $800 | 1% | 4% | |
3 bedroom | $1,425 | 13% | 17% | |
4 bedroom | $1,900 | No Change | 3% |
At this time, we don't have enough active inventory for all rentals to generate data. Please check back soon to see neighborhood rent prices in Portales, NM.
Listings | ||||
|---|---|---|---|---|
Apartments | $700 | 2% | No Change | |
Condos | $1,300 | 1% | - | |
Houses | $975 | 7% | No Change |
Studio
Average rent
$400
Last 30 days
1%
1 bedroom
Average rent
$600
Last 30 days
3%
Last year
5%
2 bedroom
Average rent
$800
Last 30 days
1%
Last year
4%
3 bedroom
Average rent
$1,425
Last 30 days
13%
Last year
17%
4 bedroom
Average rent
$1,900
Last 30 days
No Change
Last year
3%
At this time, we don't have enough active inventory for all rentals to generate data. Please check back soon to see neighborhood rent prices in Portales, NM.
Apartments
Average rent
$700
Last 30 days
2%
Condos
Average rent
$1,300
Last 30 days
1%
Houses
Average rent
$975
Last 30 days
7%
The table above reflects average rent prices in Portales, 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 median rent prices in Portales and Amarillo by all bedroom counts and property types.
Portales
lower than the national median
lower than the national median
Takeaway
The median rent for all rentals in Portales, NM is 36% lower than the median rent in Amarillo, TX.
Explore rent trends in neighboring markets
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Quick answers to common questions about the Portales rental market.
The average rent in Portales is $800 per month as of June 27, 2026.
Average rent prices in Portales have increased by 7% over the last month and have decreased by 6% since last year.
Rent in Portales is 59% below the national average, which means renters are paying approximately $1,150 less per month.
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.
Portales rental prices in 2025 show one-bedroom apartments averaging around $580 per month, while two-bedroom units average around $830 monthly. These figures represent current market rates across the city's rental inventory.
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).