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Houses for Rent in Farmington, NM

Showing 9 rentals in Farmington, then 5 more within 25 miles, nearest first.
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What to Know About

Life in Farmington & Beyond

Farmington 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

Farmington, NM

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As of October 2026, Farmington's rental market is competitive, with rentals spending about 21 days on the market, faster than in New Mexico (25), and rents down 0.6% over the past year. Farmington's average rent is 4.8% ($78) lower than the New Mexico average of $1,618 and 26.0% ($542) lower than the U.S. average of $2,082.

Average Rent
$1,540
Monthly ChangeMonth Over Month Change
Increased0.22% ($3)
Yearly ChangeYear Over Year Change
Decreased0.6% ($9)
Days on Market
21
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,076 Decreased0.01% Decreased2.0% ($22)
2 Beds $1,369 Decreased0.04% ($1) Decreased1.4% ($19)
3 Beds $1,937 Increased0.42% ($8) Increased1.8% ($35)
Nearby Cities Average Rent Avg. Rent vs. FarmingtonAverage Rent vs. Farmington Days on Market
Flora Vista $1,413 Decreased8.2% ($127) 25 days
Aztec $1,409 Decreased8.5% ($131) 25 days
Based on rentals advertised on RentalSource in and around Farmington.
Frequently Asked Questions
Farmington Rental Market FAQs

Explore rental prices, market conditions, and affordability in Farmington, NM.

The average rent in Farmington, NM is about $1,540 per month.
In Farmington, the average rent is about $1,076 per month for a 1-bedroom house, about $1,369 for a 2-bedroom house and about $1,937 for a 3-bedroom house.
The average rent in Farmington is 26% ($542) lower than the national average of $2,082 per month.
The rental market in Farmington, NM is currently competitive, with rentals spending about 21 days on the market, faster than in New Mexico (25), and rents down 0.6% over the past year.
Based on the current averages, a household would need an annual income of about $54,800 to comfortably afford a 2-bedroom house in Farmington.
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