Average Rent in New Mexico by City and ZIP (2026)

Across 42 New Mexico ZIP codes with data, typical asking rent runs from $962 to $2,975, with a statewide median of $1,541. Data as of September 2026.

New Mexico cities with rent data

City	Median rent	Range	ZIP codes
Albuquerque	$1,427	$962 to $2,216	16
Santa Fe	$2,454	$1,877 to $2,975	5
Las Cruces	$1,371	$984 to $1,765	4

Rent is only half the equation. Compare it against local prices to see where the numbers actually work.