Main Logo
city image

Best Places to Rent

New Mexico

Average Rent

$1,384

+0.6% YoY

Rent Comparison

-15.2% Lower

than national average

Population

2.12 Million

in 2022

The state of New Mexico is comprised of 3 metropolitan areas with a total population of 2,118,423. Explore New Mexico’s metro areas and compare key metrics.

Albuquerque Metro Area

Average Rent

$1,293

Population

923,768

# of Rentals

1,283

View Cities

Las Cruces Metro Area

Average Rent

$1,102

Population

226,233

# of Rentals

116

View Cities

Santa Fe Metro Area

Average Rent

$1,767

Population

156,474

# of Rentals

406

View Cities

Average Rent is calculated by averaging the monthly rent of 1 bedroom apartments.

Other States

New YorkMassachusettsDistrict of ColumbiaCaliforniaNew JerseyConnecticutNew HampshireVermontRhode IslandWashingtonHawaiiVirginiaMaineFloridaMarylandIllinoisColoradoPennsylvaniaDelawareOregonGeorgiaMontanaUtahSouth CarolinaIdahoTennesseeNorth CarolinaMinnesotaArizonaNevadaAlaskaTexasWisconsin

New Mexico

WyomingMichiganMissouriIndianaNebraskaOhioKansasKentuckyLouisianaAlabamaMississippiSouth DakotaWest VirginiaNorth DakotaIowaArkansasOklahoma

This information is based on data collected by CoStar Group researchers.