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

Carlsbad, NM

As of July 2025, Carlsbad's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Carlsbad's average rent is 25.3% ($384) higher than the New Mexico average of $1,515 and 7.0% ($124) higher than the U.S. average of $1,775.

Average Rent

$1,899

Monthly ChangeMonth Over Month Change

17.7% ($408)

Yearly ChangeYear Over Year Change

6.6% ($117)

Avg. Days on MarketAverage Days on Market

Unit Type	Average Rent	Monthly ChangeMonth Over Month Change	Yearly ChangeYear Over Year Change
1 Bed	$1,356	0.1% ($1)	27.7% ($294)
2 Beds	$1,592	17.7% ($343)	7.8% ($115)
3 Beds	$2,516	11.8% ($336)	39.2% ($708)

Rental market trends are calculated using listing data from RentalSource.

Frequently Asked Questions

Carlsbad Rental Market FAQs

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

What is the average rent in Carlsbad, NM?

The average rent in Carlsbad, NM is $1,899 per month.

What is the rental price range for apartments in Carlsbad, NM?

Apartments in Carlsbad typically rent for between $949 and $3,271 per month, with an average of $1,899 per month.

What is the average rent for different bedroom sizes in Carlsbad, NM?

In Carlsbad, the average rent for a 1-bedroom apartment is $1,356 per month, for a 2-bedroom apartment, $1,592 per month, and a 3-bedroom apartment is $2,516 per month.

How do rent prices in Carlsbad, NM compare with the national average?

The average rent in Carlsbad is 7% ($124) higher than the national average of $1,775 per month.

How have rent prices in Carlsbad, NM changed recently?

The average rent in Carlsbad has decreased by 17.7% ($408) in the last month and increased by 6.6% ($117) over the past year.

How competitive is the rental market in Carlsbad, NM?

The rental market in Carlsbad, NM, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.

How long do rentals stay on the market in Carlsbad, NM?

In Carlsbad, NM, the average rental stays on the market for approximately 29 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.

How many rental properties are available in Carlsbad, NM?

There are currently 12 rental properties available in Carlsbad, NM.

Can I afford to rent an apartment in Carlsbad, NM?

Based on the current averages, a household would need an annual income of $63,680 to comfortably afford a 2-bedroom apartment in Carlsbad.