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RANKING · 2024 ACS · 44 SHOWN OF 44

Lowest median rent, New Mexico cities

New Mexico cities with the lowest median gross rent (2023 ACS). This list covers the 44 cities in New Mexico that qualify, ranked against each other statewide.

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New MexicoAll statesPop > 5KAll rankings
SAME RANKING BYCountiesStatesMetrosZIP codes
RELATEDMost expensive homesCheapest homesHighest median rentHighest homeownership rateHighest renter shareNewest housing stock
YEAR19902000201020202024
Lowest median rent by state
RANKPLACESTATEPOPMEDIAN GROSS RENTVS 2000
01Anthony, NMNM8,900$561+60%
02Deming, NMNM14,944$586+82%
03Zuni Pueblo, NMNM5,864$588+155%
04Aztec, NMNM6,091$629+43%
05Shiprock, NMNM7,610$694+144%
06Tucumcari, NMNM5,082$704+139%
07Socorro, NMNM8,261$711+99%
08Truth or Consequences, NMNM5,949$714+115%
09Raton, NMNM5,952$741+88%
10Grants, NMNM8,933$783+121%
11Las Vegas, NMNM12,574$792+106%
12Española, NMNM10,458$829+113%
13Chaparral, NMNM18,186$853+110%
14Silver City, NMNM9,284$866+101%
15Roswell, NMNM46,878$876+113%
16Taos, NMNM6,526$883+86%
17North Valley, NMNM10,455$893+45%
18Alamogordo, NMNM31,906$902+98%
19Bernalillo, NMNM9,159$902+89%
20Portales, NMNM11,734$903+129%
21Belen, NMNM7,589$916+115%
22Sunland Park, NMNM18,268$920+175%
23Gallup, NMNM19,969$927+107%
24Ruidoso, NMNM7,580$944+92%
25South Valley, NMNM37,120$954+92%
26Las Cruces, NMNM116,978$974+107%
27Bloomfield, NMNM7,335$984+114%
28Clovis, NMNM37,127$988+131%
29Lovington, NMNM11,620$1,014+175%
30Farmington, NMNM46,055$1,037+110%
32Los Lunas, NMNM20,572$1,110+123%
33Hobbs, NMNM40,863$1,112+183%
34Edgewood, NMNM6,157$1,114+114%
35Corrales, NMNM8,484$1,143+76%
36Albuquerque, NMNM556,588$1,145+104%
37Carlsbad, NMNM32,524$1,236+201%
38Artesia, NMNM12,735$1,288+264%
39North Hobbs, NMNM6,034$1,319
40Santa Teresa, NMNM6,041$1,356+80%
41Los Alamos, NMNM13,317$1,359+109%
42Santa Fe, NMNM89,837$1,463+107%
43Rio Rancho, NMNM114,419$1,514+88%
44Eldorado at Santa Fe, NMNM5,619$2,526+99%
SHOWING 1–44 OF 44
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UPDATED 2026-06-02 · DATA: US CENSUS BUREAU ACS 5-YEAR ESTIMATES