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

Across 47 New Mexico ZIP codes with data, typical asking rent runs from $933 to $3,100, with a statewide median of $1,536. Data as of July 2026.

New Mexico cities with rent data

City	Median rent	Range	ZIP codes
Albuquerque	$1,456	$970 to $2,156	16
Las Cruces	$1,495	$933 to $1,791	5
Santa Fe	$2,384	$1,794 to $3,100	5

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