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Rent in Portales, NM: Prices & Apartments for Rent

As of October 17, 2026, the median asking rent for a 2-bedroom in Portales, NM is $850/month, based on 21 active listings on Redfin, Zillow and ApartmentHomeLiving.

That is 39% below the New Mexico 2-bedroom median of about $1,395.

Updated · 56 listings. Prices are advertised asking rents; check availability on the original listing. How we calculate

Open the Portales rental map

Median rent in Portales

From listings with a single price and a single bedroom count. Fewer than 20 such listings and we leave the figure out.

Studio
—
0 listings
1 bedroom
—
4 listings
2 bedrooms
$850
21 listings
3+ bedrooms
—
18 listings

Rentals in Portales

See all 56 on the map →

Renting in Portales: common questions

How many rentals are available in Portales, NM?
56 rentals are listed in Portales, NM on Redfin, Zillow and ApartmentHomeLiving as of October 17, 2026, after removing listings that appear on more than one site.
How are these rent prices calculated?
We collect active listings from Redfin, Zillow and ApartmentHomeLiving, remove duplicates across sites, and take the median of asking rents for listings with one price and one bedroom count. If fewer than 20 listings qualify for a bedroom size, we leave that figure out. Read the full methodology
How much income do I need to rent in Portales, NM?
Many landlords ask for gross income of at least 3 times the monthly rent. For a median 2-bedroom at $850/month, that is about $2,550 a month, or $30,600 a year.

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All cities in New Mexico · Cheapest places to rent in New Mexico · Embed this data