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Homes & Apartments for Rent in Portales, NM

1-20 of 26 rentals

Apartment for rent at 304-322 S Abilene Ave, Portales, NM 88130

Updated - today

Managed by First Place Leasing

$500 - $550

Apartment1 Bed1 Bath600 ft²

304-322 S Abilene Ave

Portales, NM 88130

Welcome to Ra0304, presented by First Place Leasing. We have several units available for lease. For more information and to schedule a showing, please contact us. Stove, Refrigerator & None.

Updated - yesterday

Managed by First Place Leasing

$995

House2 Beds1 Bath788 ft²

805 S Ave

Portales, NM 88130

This great home is a large home with many updates soldi surface flooring, large bedrooms, updated bath, central heating and cooling. Large laundry room doubles as an office area. No pets. Storage Shed, Stove, Refrigerator & None.

Updated - this week

Managed by Berkshire Hathaway HomeServices Enchanted Lands, R

$625

Apartment1 Bed1 Bath875 ft²

901 W 14th St

Portales, NM 88130

Welcome to 901 W. 14th, presented by Berkshire Hathaway HomeServices Enchanted Lands, Realtors. We have several units available for lease. For more information and to schedule a showing, please contact us.

Updated - yesterday

Managed by First Place Leasing

$900

House3 Beds1 Bath990 ft²

108 Colorado Dr

Portales, NM 88130

Great home just off 18th street near Enmu and Roosevelt General Hospital, this 3 bedroom home features a tree covered yard, single garage with opener, large rooms, many updates including central heat and cooling. Dishwasher, Refrigerator, Stove, Washer and Dryer connections, Single garage, Central heat and cooling, Electric Garage Door Opener, Tenant Pays Electric/water/trash And Sewer & None.

Managed by Sagebrush Real Estate

$900

House2 Beds1 Bath

1719 W 17th St

Portales, NM 88130

Fully Furnished Modern 2 Bedroom on Quiet Street Close to Enmu. This recently remodeled 2-bedroom, 1-bath home in Portales offers a fully furnished interior with vinyl plank flooring throughout, blinds on the windows and a ceiling fan in one bedroom. The eat-in kitchen is fully stocked and includes an electric stove/oven, refrigerator and countertop microwave; dining table with four chairs is provided. Living room features a Roku TV with remote. One window A/C unit, one dedicated off-street parking space and extra parking available. Lawn care is provided; tenant pays electric. Lease terms are 6-month to 1-year. No pets, please.

Managed by Homespot Property Management

$725

Apartment2 Beds1 Bath744 ft²

1540 Arizona Dr

Portales, NM 88130

Welcome to 1540 Arizona, presented by Homespot Property Management. We have several units available for lease. For more information and to schedule a showing, please contact us. Water Is Paid, Owner Pays Water & Tenants Pay Electric.

Updated - yesterday

Managed by Homespot Property Management

$795

House2 Beds1 Bath876 ft²

1234 N Abilene Ave

Portales, NM 88130

2 bedroom 1 bath house. Window unit, Utilities water and Xcel energy & Tenant Pays Electric & Water.

Managed by First Place Leasing

$600

Apartment1 Bed1 Bath675 ft²

601 603 W

Portales, NM 88130

Welcome to Rf0601, presented by First Place Leasing. We have several units available for lease. For more information and to schedule a showing, please contact us. Washer/dryer hookups, Refrigerator, Stove, Dishwasher, No Pets Allowed, Tenant pays electric gas & water & None.

Featured

Managed by Berkshire Hathaway HomeServices Enchanted Lands, R

$1,550

House2 Beds2 Baths1,062 ft²

144 Chisum Dr

Portales, NM 88130

This brand new 2-bedroom, 2-bath home in Clovis, NM offers a clean, modern layout with hardwood floors and an all-electric design. The open living and kitchen area includes full-size appliances, a large pantry and plenty of cabinet space, great for every cooking occasion. Each bedroom has it's own full bathroom for added privacy and the home includes washer/dryer hookups located near the bedrooms for easy access. Outside, a fenced backyard provides a private space for relaxing or letting kids play and the attached one-car garage offers secure parking as well as room for additional storage.

Managed by Homespot Property Management

$750

House2 Beds1 Bath688 ft²

416 W 6th St

Portales, NM 88130

2bed, 1bath home with a small, fenced back yard and in a great location. Come see. Stove/oven & Refridgerator.

Managed by Berkshire Hathaway HomeServices Enchanted Lands, R

$1,250

Apartment2 Beds1 Bath

213 S Ave E

Portales, NM 88130

Welcome to 213 S Ave E, presented by Berkshire Hathaway HomeServices Enchanted Lands, Realtors. We have several units available for lease. For more information and to schedule a showing, please contact us.

Managed by Homespot Property Management

$750

Apartment2 Beds1 Bath829 ft²

1222 W Date St

Portales, NM 88130

Welcome to 1222 W Date St, presented by Homespot Property Management. We have several units available for lease. For more information and to schedule a showing, please contact us. Owner Pays Water & Tenants Pay Electric.

New - yesterday

Managed by Sagebrush Real Estate

$975

House2 Beds1 Bath

1112 W University Dr

Portales, NM 88130

Welcome to this charming house in Portales, Nm, brimming with historical features that add a unique touch to your living experience. This two-bedroom home boasts refinished wooden floors, an extra room off the kitchen and a spacious fully fenced backyard. The house is bathed in lots of natural light, enhancing the warmth of the wooden floors and the charm of the historical features. The kitchen is equipped with an electric stove/oven, over-range microwave and a refrigerator and is finished with vinyl tiles for easy maintenance. The full bathroom includes an extra vanity for added convenience.

New - yesterday

Managed by Berkshire Hathaway HomeServices Enchanted Lands, R

$850

Apartment2 Beds2 Baths925 ft²

522 S Abilene Ave

Portales, NM 88130

Welcome to 522 S Abilene Ave, presented by Berkshire Hathaway HomeServices Enchanted Lands, Realtors. We have several units available for lease. For more information and to schedule a showing, please contact us. Washer And Dryer In Unit, Stove/oven, Fridge, Dishwasher, Microwave, 2Bed/2Bath, Mandatory renters insurance $15 monthly fee, Pets allowed; $250 non-refundable fee and $25/mo rent per pet, Application fee: $40 One-time charge, Late fee- 5% of rent charged on the 8th of each month, Mandatory Resident's Benefit Package $50 monthly fee, Total Monthly Price includes all mandatory fees, Sewer And Trash Paid & Sewer/trash.

Updated - 2 days ago

Managed by Sagebrush Real Estate

$1,000

House2 Beds2 Baths

1520 Industrial

Portales, NM 88130

Welcome to this charming 2-bedroom, 2-bathroom home located in the vibrant community of Portales, NM. This home boasts a large eat-in kitchen equipped with a dishwasher, refrigerator, microwave and an electric stove/oven. The Lvp flooring throughout the main living areas is both stylish and durable, while the tile in the bathrooms and laundry room adds a touch of elegance. The home also features a flex room, perfect for a home office or hobby room. The large front porch and fully fenced yard provide ample outdoor space for relaxation or entertaining.

New - yesterday

Managed by Sagebrush Real Estate

$1,500

House3 Beds2 Baths1,549 ft²

470 S Roosevelt Rd

Portales, NM 88130

Welcome to this charming 3-bedroom, 2-bathroom home located in the beautiful town of Portales, NM. This beautiful home sits on 5 acres of land. Step into the spacious kitchen equipped with a stove, refrigerator, microwave, dishwasher, garbage disposal and pot filler. Stay cozy all year round with the forced central heat/air and propane heat. Enjoy the convenience of a washer/dryer in the house as well. The mudroom provides a perfect space to store your outdoor gear and keeps your home tidy. Storage space is available in the storage shed as well as all the cabinets through out the house.

Featured

Managed by Susan Davis

$550

Apartment1 Bed1 Bath750 ft²

516 E 1st St

Portales, NM 88130

PRE-SCREENER Questionnaire Required Before Showing. Recently Remodeled, Clean 1 Bedroom Apartment. Only 11 Miles From Cafb, 5 Minutes to Enmu. Newer Vinyl Plank Flooring. Newer Washer & Dryer. Lots of Closet Space. Refrigerated Air Conditioner in Living Room. Good Security Lighting Surrounds the Property. Renter Pays Utilities. High Speed Internet Available-Renter Pays. 1 Year Lease, No Pets. Laminate, Baseboard, Wall, Dryer, Refrigerator, Washer, Range Oven, Near Parks, Wired For Internet & Designated Space. Deposit: $550.

Updated - this week

Managed by Eastern Sunbelt

$625

Apartment2 Beds1 Bath672 ft²

1400 S Ave E

Portales, NM 88130

Welcome to Skyline - 1400, presented by Eastern Sunbelt. We have several units available for lease. For more information and to schedule a showing, please contact us. Stove, Refrigerator, Dishwasher, Wall Unit A/C & Water.

Featured

Managed by Sagebrush Real Estate

$600

Apartment1 Bed1 Bath

522 S Ave E

Portales, NM 88130

Located in Portales. This cozy 1 bed apartment offers a practical layout and plenty of natural light with one full bathroom. Located in a ground-floor, four-unit complex, this unit features wood and linoleum flooring. The kitchen offers a large walk-in pantry, over-range microwave, refrigerator and gas stove/oven. Comfort is supported by a wall heater and a window A/C unit. The yard is fully fenced with your own gate that leads to your front door. Soundproofed walls between units add privacy as well. Utilities for electric, water and gas are tenant-paid.

Managed by Sagebrush Real Estate

$900

Apartment2 Beds1 Bath

1717 W 17th St

Portales, NM 88130

Discover this fully furnished 2-bed, 1-bath apartment in Portales, Nm, conveniently located close to Enmu campus. Recently updated and part of a three-unit complex, the unit includes a refrigerator, microwave, electric stove, window A/C unit, in-unit washer and dryer and one dedicated off-street parking space with extra parking available. Some cookware, utensils and linens are provided; furnishings can be removed upon request. Utilities: tenant pays electric while owner pays for the water and lawn care. Lease terms offered from 6 months to 1 year. Pets are not allowed.

Viewing 1-20 of 26 rentals in Portales

What to Know About

Life in Portales & Beyond

Portales 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

Portales, NM

As of May 2026, Portales's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Portales's average rent is 21.6% ($306) lower than the New Mexico average of $1,417 and 37.9% ($678) lower than the U.S. average of $1,789.

Average Rent

$1,111

Monthly ChangeMonth Over Month Change

23.9% ($214)

Yearly ChangeYear Over Year Change

35% ($288)

Avg. Days on MarketAverage Days on Market

Unit Type	Average Rent	Monthly ChangeMonth Over Month Change	Yearly ChangeYear Over Year Change
1 Bed	$838	6.2% ($49)	3.6% ($29)
2 Beds	$1,117	20.6% ($191)	4.9% ($52)
3 Beds	$1,273	9.6% ($111)	11.7% ($169)

Rental market trends are calculated using listing data from RentalSource.

Frequently Asked Questions

Portales Rental Market FAQs

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

What is the average rent in Portales, NM?

The average rent in Portales, NM is $1,111 per month.

What is the rental price range for homes in Portales, NM?

Homes in Portales typically rent for between $600 and $1,655 per month, with an average of $1,111 per month.

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

In Portales, the average rent for a 1-bedroom home is $838 per month, for a 2-bedroom home, $1,117 per month, and a 3-bedroom home is $1,273 per month.

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

The average rent in Portales is 37.9% ($678) lower than the national average of $1,789 per month.

How have rent prices in Portales, NM changed recently?

The average rent in Portales has increased by 23.9% ($214) in the last month and increased by 35.0% ($288) over the past year.

How competitive is the rental market in Portales, NM?

The rental market in Portales, 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 Portales, NM?

In Portales, NM, the average rental stays on the market for approximately 30 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 Portales, NM?

There are currently 26 rental properties available in Portales, NM.

Can I afford to rent a home in Portales, NM?

Based on the current averages, a household would need an annual income of $44,680 to comfortably afford a 2-bedroom home in Portales.