Rentometer, Inc. | Data as of 10/23/2025
Otero County, nestled in the heart of southern New Mexico, offers a diverse rental landscape that balances small‑town charm with easy access to world‑renowned natural attractions. From the historic streets of Alamogordo to the mountain‑side retreats of Cloudcroft, renters enjoy a mix of modern apartments and spacious single‑family homes close to White Sands National Monument, the Lincoln National Forest, and the vibrant local arts scene. The county’s rental market caters to a variety of lifestyles, whether you’re seeking a convenient two‑bedroom apartment near downtown amenities or a larger house ideal for families exploring the nearby hiking trails, ski slopes, and cultural festivals.
Rental pricing reflects this variety, with two‑bedroom apartments averaging in the $700 range and a median near $660, while two‑bedroom houses sit just above $1,100 on average. Larger family homes command higher rates, with three‑bedroom houses averaging around $1,600 and four‑plus bedroom homes approaching the $2,100 mark. These figures underscore Otero County’s reputation for affordable yet comfortable living, making it an attractive destination for students, military personnel stationed at nearby bases, and retirees alike. Whether you’re drawn by the outdoor recreation opportunities, the rich regional history, or the welcoming community atmosphere, Otero County’s rental options provide a solid foundation for a fulfilling New Mexico lifestyle.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | 2 Bedroom | $767 | $658 | $568 - $1,075 | $568 - $1,075 |
| House | 2 Bedroom | $1,101 | $1,097 | $750 - $1,600 | $875 - $1,300 |
| House | 3 Bedroom | $1,628 | $1,600 | $950 - $2,800 | $1,500 - $1,700 |
| House | 4+ Bedroom | $2,080 | $2,100 | $1,300 - $3,500 | $1,850 - $2,300 |
In the current period, the average rent in Otero was $584 for 1 Bedroom, $1,042 for 2 Bedroom, $1,619 for 3 Bedroom, and $2,055 for 4+ Bedroom.
Data provided by Rentometer, Inc.