Homes for Rent in 87002

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What to Know About

Life in Belen & Beyond

Belen shares many of the great qualities that make New Mexico a desirable place to live.

New Mexico, known as the "Land of Enchantment," boasts a rich cultural heritage, stunning desert landscapes, and thriving arts and outdoor recreation. Learn about the state's fascinating history by visiting ancient Native American ruins, such as the remarkable Chaco Canyon and Aztec Ruins, or experience modern art museums, including the world-renowned Harwood Museum of Art and the Museum of International Folk Art. The state is also home to several prestigious universities, including New Mexico State University and the University of New Mexico.

Outdoor enthusiasts will find no shortage of opportunities for adventure in New Mexico, with endless options for hiking, camping, and skiing in the Sandia and Sacramento Mountains, as well as fishing and boating in Lake Powell and Elephant Butte Lake. In addition, be sure to explore some of the most iconic landscapes in the country, including the magnificent Carlsbad Caverns National Park and White Sands National Monument, and experience the historic charm of Taos.

New Mexico's unique blend of affordability, job opportunities, cultural heritage, natural beauty, and quality of life make it a great place to live. So whether you're seeking outdoor adventures, artistic inspiration, or a peaceful desert oasis, New Mexico has it all.

Rental Market Trends

Belen, NM

As of August 2025, Belen's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Belen's average rent is 13.3% ($197) lower than the New Mexico average of $1,485 and 28.0% ($502) lower than the U.S. average of $1,790.

Average Rent
$1,288
Monthly ChangeMonth Over Month Change
Decreased21.6% ($355)
Yearly ChangeYear Over Year Change
Decreased21.6% ($355)
Avg. Days on MarketAverage Days on Market
32
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,010 Decreased15.8% ($190) Decreased15.8% ($190)
2 Beds $1,275 Decreased23.7% ($395) Decreased23.7% ($395)
3 Beds $1,498 Decreased26.7% ($545) Decreased26.7% ($545)
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Belen Rental Market FAQs

Explore rental prices, market trends, and availability in Belen, NM.

The average rent in Belen, NM is $1,288 per month.
Homes in Belen typically rent for between $707 and $1,947 per month, with an average of $1,288 per month.
In Belen, the average rent for a 1-bedroom home is $1,010 per month, for a 2-bedroom home, $1,275 per month, and a 3-bedroom home is $1,498 per month.
The average rent in Belen is 28% ($502) lower than the national average of $1,790 per month.
The average rent in Belen has decreased by 21.6% ($355) in the last month and decreased by 21.6% ($355) over the past year.
The rental market in Belen, NM, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In Belen, NM, the average rental stays on the market for approximately 32 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There are currently 5 rental properties available in Belen, NM.
Based on the current averages, a household would need an annual income of $51,000 to comfortably afford a 2-bedroom home in Belen.
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