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Rental Market Trends

Eddy County, NM

As of July 2025, Eddy County's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Eddy County's average rent is 4.0% ($60) higher than the New Mexico average of $1,515 and 11.3% ($200) lower than the U.S. average of $1,775.

Average Rent

$1,575

Monthly ChangeMonth Over Month Change

3% ($49)

Yearly ChangeYear Over Year Change

7.4% ($126)

Avg. Days on MarketAverage Days on Market

Unit Type	Average Rent	Monthly ChangeMonth Over Month Change	Yearly ChangeYear Over Year Change
1 Bed	$1,200	1.4% ($17)	6.8% ($88)
2 Beds	$1,665	4.9% ($86)	7.1% ($127)
3 Beds	$1,968	7% ($149)	10.3% ($225)

Cities within Eddy County	Average Rent	Avg. Rent vs. EddyAverage Rent vs. Eddy County	Avg. Days on MarketAverage Days on Market
Artesia	$1,595	1.3% ($20)	31 days
Carlsbad	$1,899	20.6% ($324)	29 days

Rental market trends are calculated using listing data from RentalSource.

Frequently Asked Questions

Eddy County Rental Market FAQs

Explore rental prices, market trends, and availability in Eddy County, NM.

What is the average rent in Eddy County, NM?

The average rent in Eddy County, NM is $1,575 per month.

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

Apartments in Eddy County typically rent for between $840 and $2,558 per month, with an average of $1,575 per month.

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

In Eddy County, the average rent for a 1-bedroom apartment is $1,200 per month, for a 2-bedroom apartment, $1,665 per month, and a 3-bedroom apartment is $1,968 per month.

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

The average rent in Eddy County is 11.3% ($200) lower than the national average of $1,775 per month.

How have rent prices in Eddy County, NM changed recently?

The average rent in Eddy County has decreased by 3.0% ($49) in the last month and decreased by 7.4% ($126) over the past year.

How competitive is the rental market in Eddy County, NM?

The rental market in Eddy County, 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 Eddy County, NM?

In Eddy County, 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.

How many rental properties are available in Eddy County, NM?

There are currently 19 rental properties available in Eddy County, NM.

Can I afford to rent an apartment in Eddy County, NM?

Based on the current averages, a household would need an annual income of $66,600 to comfortably afford a 2-bedroom apartment in Eddy County.