Last updated on October 2, 2026

Average rent in
Portales, NM

Median rent

Median rent in Portales

$875/mo

increased by1%

vs previous year

The average rent in Portales is $875 per month as of September 2026. This is 54% below the national average rent, or $1,025 less per month.

$0.82

average price per square foot

Total rentals

Available rentals in Portales

26

for rent on Zumper.com as of September 2026

Rent price distribution

Share of Portales rentals at each price point

65%49%33%16%0%
$0 - $750
$751 - $1,500
$1,501 - $2,250
$2,251 - $3,000
$3,001+

Rent trends in Portales, NM

Average rent prices in Portales have increased by 21% over the last month and have increased by 1% since last year.

Rent trends

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

Compare rent prices in Portales, NM

Rent prices in Portales vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Portales is $775, whereas a house costs $1,095. 1-bedroom apartments in Portales run $650 on average, while 2-bedroom apartments are $700.

Listings

Studio

$400

1%

11%

1 bedroom

$850

15%

35%

2 bedroom

$825

2%

6%

3 bedroom

$1,195

9%

17%

4 bedroom

$1,295

1%

16%

Studio

Average rent

$400

Last 30 days

1%

Last year

11%

1 bedroom

Average rent

$850

Last 30 days

15%

Last year

35%

2 bedroom

Average rent

$825

Last 30 days

2%

Last year

6%

3 bedroom

Average rent

$1,195

Last 30 days

9%

Last year

17%

4 bedroom

Average rent

$1,295

Last 30 days

1%

Last year

16%

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.

How does rent in Portales, NM compare to other cities?

Compare median rent prices in Portales and Amarillo by all bedroom counts and property types.

Portales

Median rent price$875
decreased by54%

lower than the national median

Median rent price$1,340
decreased by29%

lower than the national median

Takeaway

The median rent for all rentals in Portales, NM is 35% lower than the median rent in Amarillo, TX.

Average rent in nearby cities

Explore rent trends in neighboring markets

Amarillo

$1,340

increased by11%
Last year
Artesia

$1,700

increased by39%
Last year
Brownfield

$850

N/A
Last year
Canyon

$829

decreased by10%
Last year
Clovis

$1,250

Flat
Last year
Levelland

$775

increased by21%
Last year

Discover rentals in Portales, NM

109 S Boston Ave - Photo 1 of 1

6h ago

Apartment for rent in Portales

Lovely 1 + Bedroom Apartment for Lease

109 S Boston Ave, Portales, NM 88130

2 beds

1 bath

$575

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

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 Portales, NM

Quick answers to common questions about the Portales rental market.

How much is rent in Portales?

The average rent in Portales is $875 per month as of September 26, 2026.

Is rent up or down in Portales?

Average rent prices in Portales have increased by 21% over the last month and have increased by 1% since last year.

How does Portales rent compare to the national average?

Rent in Portales is 54% below the national average, which means renters are paying approximately $1,025 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 $35,000/year, based on spending no more than 30% of your income on rent.

When is the best time of year to rent in Portales?

April offers the best rental deals in Portales, with prices running about 27% lower than October, which sees the highest rents. Searching in spring rather than fall can result in meaningful savings on your monthly 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).

Apartments for rent in Clovis
Apartments for rent in Portales
Apartments for rent in Texico

109 South Boston Avenue, Portales, NM 88130, US
212 N Globe Ave, Portales, NM 88130, USA
409 S Avenue H, Portales, NM 88130, USA
510 E 1st St, Portales, NM 88130, USA
213 W 4th St, Portales, NM 88130, USA
2212 Zia Ct, Portales, NM 88130, USA
818 S Avenue A #Portales Nm, Portales, NM 88130, USA
1000 W University Dr, Portales, NM 88130, USA
1617 S Main Ave, Portales, NM 88130, USA
1837 Quail Wood Dr, Portales, NM 88130, USA
1610 S Globe Ave, Portales, NM 88130, USA
404 Monticello Parkway Dr, Portales, NM 88130, USA
1010 E Amazon St, Portales, NM 88130, USA
1010 N Avenue A, Portales, NM 88130, USA
1011 Sun Ct, Portales, NM 88130, USA
1011 W 16th St, Portales, NM 88130, USA
1014 E Amazon St, Portales, NM 88130, USA
105 N Houston Ave, Portales, NM 88130, USA
106 W 10th St, Portales, NM 88130, USA
108 Oklahoma Dr, Portales, NM 88130, USA