Most Affordable Rent Neighborhoods in New Mexico (2026 Rankings)

Renting doesn't have to break the bank. We ranked 25 neighborhoods in New Mexico by median monthly rent to help you find the most affordable places to live.

Crownpoint CDPCrownpoint CDP, NM

Kurby Score: 70

Median Rent: $398/mo

Median Income: $35,362

Home Value: $60,900

Population: 2,823

Santa RosaNM

Kurby Score: 62

Median Rent: $408/mo

Median Income: $41,250

Home Value: $109,500

Population: 2,741

Vado CDPVado CDP, NM

Kurby Score: 84

Median Rent: $471/mo

Median Income: $46,380

Home Value: $121,000

Population: 3,386

Zuni Pueblo CDPZuni Pueblo CDP, NM

Kurby Score: 57

Median Rent: $550/mo

Median Income: $43,594

Home Value: $72,500

Population: 6,789

ClaytonNM

Kurby Score: 80

Median Rent: $552/mo

Median Income: $33,239

Home Value: $109,900

Population: 2,825

Shiprock CDPShiprock CDP, NM

Kurby Score: 50

Median Rent: $642/mo

Median Income: $38,393

Home Value: $86,100

Population: 8,275

RatonNM

Kurby Score: 86

Median Rent: $666/mo

Median Income: $40,899

Home Value: $119,100

Population: 6,046

AnthonyNM

Kurby Score: 58

Median Rent: $668/mo

Median Income: $27,406

Home Value: $100,000

Population: 8,708

RoswellNM

Kurby Score: 61

Median Rent: $668/mo

Median Income: $48,298

Home Value: $130,200

Population: 48,035

TucumcariNM

Kurby Score: 78

Median Rent: $672/mo

Median Income: $34,424

Home Value: $54,000

Population: 5,206

Truth or ConsequencesNM

Kurby Score: 79

Median Rent: $686/mo

Median Income: $28,685

Home Value: $101,300

Population: 6,030

SocorroNM

Kurby Score: 58

Median Rent: $708/mo

Median Income: $42,622

Home Value: $149,200

Population: 8,605

South Valley CDPSouth Valley CDP, NM

Kurby Score: 61

Median Rent: $714/mo

Median Income: $44,670

Home Value: $184,400

Population: 37,601

BernalilloNM

Kurby Score: 62

Median Rent: $714/mo

Median Income: $57,905

Home Value: $213,000

Population: 9,286

GallupNM

Kurby Score: 61

Median Rent: $714/mo

Median Income: $58,358

Home Value: $143,500

Population: 21,672

DemingNM

Kurby Score: 60

Median Rent: $714/mo

Median Income: $33,548

Home Value: $101,900

Population: 14,756

LovingtonNM

Kurby Score: 60

Median Rent: $714/mo

Median Income: $70,029

Home Value: $151,000

Population: 11,495

Sunland ParkNM

Kurby Score: 62

Median Rent: $714/mo

Median Income: $45,545

Home Value: $175,200

Population: 16,773

Las VegasNM

Kurby Score: 59

Median Rent: $714/mo

Median Income: $39,558

Home Value: $131,500

Population: 13,194

Los Lunas villageNM

Kurby Score: 63

Median Rent: $714/mo

Median Income: $68,934

Home Value: $212,600

Population: 17,452

HobbsNM

Kurby Score: 61

Median Rent: $714/mo

Median Income: $63,804

Home Value: $165,000

Population: 39,782

North Valley CDPNorth Valley CDP, NM

Kurby Score: 61

Median Rent: $714/mo

Median Income: $59,421

Home Value: $278,200

Population: 11,256

PortalesNM

Kurby Score: 60

Median Rent: $714/mo

Median Income: $49,313

Home Value: $124,000

Population: 12,085

Rio RanchoNM

Kurby Score: 64

Median Rent: $714/mo

Median Income: $78,978

Home Value: $246,700

Population: 104,351

GrantsNM

Kurby Score: 60

Median Rent: $714/mo

Median Income: $55,631

Home Value: $137,100

Population: 9,177

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