Last updated on July 2, 2026

Average rent in
Portales, NM

Median rent

Median rent in Portales

$800/mo

decreased by6%

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.

$0.86

average price per square foot

Total rentals

Available rentals in Portales

36

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 Portales, NM

Average rent prices in Portales have increased by 7% over the last month and have decreased by 6% 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 $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%

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%

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$800
decreased by59%

lower than the national median

Median rent price$1,249
decreased by36%

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.

Discover rentals in Portales, NM

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

109 S Boston Ave - Photo 1 of 1

5d+ ago

Apartment for rent in Portales

Lovely 2 Bedroom Apartment for Lease

109 S Boston Ave, Portales, NM 88130

2 beds

1 bath

$585

Apartment for rent

820 S Avenue A - Photo 1 of 1

5d+ ago

Apartment for rent in Portales

Beautifully Remodeled 2 Bedroom Apartment for Rent

820 S Avenue A, Portales, NM 88130

2 beds

1 bath

$650

Apartment for rent

1020 W 3rd St #A - Photo 1 of 1

5d+ ago

House for rent in Portales

House for rent

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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 $800 per month as of June 27, 2026.

Is rent up or down in Portales?

Average rent prices in Portales have increased by 7% over the last month and have decreased by 6% 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.

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).

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