Last updated on May 18, 2026

Average rent in
Portales, NM

Median rent

Median rent in Portales

$872/mo

increased by13%

vs previous year

The average rent in Portales is $872 per month as of May 2026. This is 55% below the national average rent, or $1,076 less per month.

$0.80

average price per square foot

Total rentals

Available rentals in Portales

33

for rent on Zumper.com as of May 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 Portales, NM

Average rent prices in Portales have decreased by 3% over the last month and have increased by 13% 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 $700, whereas a house costs $1,112. 1-bedroom apartments in Portales run $600 on average, while 2-bedroom apartments are $750.

Listings

Studio

$400

1%

No Change

1 bedroom

$595

1%

1%

2 bedroom

$825

4%

5%

3 bedroom

$1,600

7%

20%

4 bedroom

$1,420

18%

7%

Studio

Average rent

$400

Last 30 days

1%

1 bedroom

Average rent

$595

Last 30 days

1%

Last year

1%

2 bedroom

Average rent

$825

Last 30 days

4%

Last year

5%

3 bedroom

Average rent

$1,600

Last 30 days

7%

Last year

20%

4 bedroom

Average rent

$1,420

Last 30 days

18%

Last year

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.

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$872
decreased by55%

lower than the national median

Median rent price$1,295
decreased by34%

lower than the national median

Takeaway

The median rent for all rentals in Portales, NM is 33% lower than the median rent in Amarillo, TX.

Average rent in nearby cities

Explore rent trends in neighboring markets

Amarillo

$1,295

Flat
Last year
Artesia

$675

decreased by24%
Last year
Brownfield

$1,500

N/A
Last year
Canyon

$822

decreased by8%
Last year
Clovis

$1,300

increased by19%
Last year
Levelland

$1,399

increased by91%
Last year

Discover rentals in Portales, NM

1752 Nm Highway 236 - Photo 1 of 1

5d+ ago

House for rent in Portales

House for rent

111 S Boston Ave #111 - Photo 1 of 1

5d+ ago

Apartment for rent in Portales

Lovely Remodeled 2 Bedroom Apartment!!!

111 S Boston Ave #111, Portales, NM 88130

2 beds

1 bath

$585

Apartment for rent

Available Mar 19

SKYLINE - 1400 - Photo 1 of 1

3d ago

7.9

Very good

SKYLINE - 1400

1400 S Avenue E, Portales, NM 88130

2 beds

1 bath

$625

Apartment for rent

1508 Arizona - Photo 1 of 1

2d ago

8.1

Very good

1508 Arizona

1508 Arizona Dr, Portales, NM 88130

2 beds

1 bath

$725

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 Portales, NM

Quick answers to common questions about the Portales rental market.

How much is rent in Portales?

The average rent in Portales is $872 per month as of May 16, 2026.

Is rent up or down in Portales?

Average rent prices in Portales have decreased by 3% over the last month and have increased by 13% since last year.

How does Portales rent compare to the national average?

Rent in Portales is 55% below the national average, which means renters are paying approximately $1,076 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?

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.

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

503 W 1st St, Portales, NM 88130, USA
1103 N Boston Ave, Portales, NM 88130, USA
1112 W University Dr, Portales, NM 88130, USA
1700 S Avenue B, Portales, NM 88130, USA
1520 S Industrial Dr, Portales, NM 88130, USA
1719 W 17th St, Portales, NM 88130, USA
516 E 1st St, Portales, NM 88130, USA
907 W 15th St, Portales, NM 88130, USA
2324 Santo Domingo Ct, Portales, NM 88130, USA
470 S Roosevelt Road X, Portales, NM 88130, USA
228 Oklahoma Dr, Portales, NM 88130, USA
1234 N Abilene Ave, Portales, NM 88130, USA
522 S Avenue E, Portales, NM 88130, USA
2263 Taos Ct, Portales, NM 88130, USA
805 S Avenue C, Portales, NM 88130, USA
108 Colorado Dr, Portales, NM 88130, USA
1752 Nm Highway 236, Portales, NM 88130, USA
111 S Boston Ave, Portales, NM 88130, USA
142 S Indio Ave, Portales, NM 88130, USA
412 W 6th St, Portales, NM 88130, USA