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Lowest median rent, New Mexico cities · 2020

New Mexico cities with the lowest median gross rent (2023 ACS). This list covers the 46 cities in New Mexico that qualify, ranked against each other statewide.

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New MexicoAll statesPop > 5KAll rankings

SAME RANKING BYCounties States Metros ZIP codes

RELATEDMost expensive homes Cheapest homes Highest median rent Highest homeownership rate Highest renter share Newest housing stock

YEAR1990 2000 2010 2020 2024

RANKPLACESTATEPOPMEDIAN GROSS RENTVS 2000

01Zuni Pueblo, NMNM5,864$460+99%

02Deming, NMNM14,944$478+48%

03Truth or Consequences, NMNM5,949$505+52%

04Anthony, NMNM8,900$553+58%

05Tucumcari, NMNM5,082$570+94%

06Shiprock, NMNM7,610$573+102%

07Sunland Park, NMNM18,268$573+72%

08Las Vegas, NMNM12,574$609+58%

09Gallup, NMNM19,969$675+51%

10Socorro, NMNM8,261$688+93%

11Española, NMNM10,458$690+77%

12Raton, NMNM5,952$694+76%

13Silver City, NMNM9,284$709+65%

14Grants, NMNM8,933$710+101%

15Ruidoso, NMNM7,580$717+46%

16Chaparral, NMNM18,186$724+78%

17Bloomfield, NMNM7,335$730+59%

18Portales, NMNM11,734$738+87%

19Aztec, NMNM6,091$739+68%

20South Valley, NMNM37,120$743+49%

21North Valley, NMNM10,455$749+22%

22Belen, NMNM7,589$771+81%

23Taos, NMNM6,526$775+63%

24Alamogordo, NMNM31,906$787+73%

25Las Cruces, NMNM116,978$805+71%

26Lovington, NMNM11,620$808+119%

27Bernalillo, NMNM9,159$809+69%

28Roswell, NMNM46,878$819+99%

29Los Ranchos de Albuquerque, NMNM5,790$824+43%

30Artesia, NMNM12,735$844+138%

31Clovis, NMNM37,127$867+103%

32Santa Teresa, NMNM6,041$867+15%

33Albuquerque, NMNM556,588$889+59%

34Farmington, NMNM46,055$892+81%

35Hobbs, NMNM40,863$923+135%

36North Hobbs, NMNM6,034$989–

37Los Lunas, NMNM20,572$1,030+107%

38Los Alamos, NMNM13,317$1,046+61%

39Carlsbad, NMNM32,524$1,050+155%

40Edgewood, NMNM6,157$1,111+113%

41Santa Fe, NMNM89,837$1,125+59%

42Corrales, NMNM8,484$1,146+76%

43Rio Rancho, NMNM114,419$1,157+43%

44El Cerro Mission, NMNM5,323$1,166–

45White Rock, NMNM5,716$1,507+49%

46Eldorado at Santa Fe, NMNM5,619$1,645+30%

SHOWING 1–46 OF 46

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UPDATED 2026-06-02 · DATA: US CENSUS BUREAU ACS 5-YEAR ESTIMATES