Farmington, NM Rent Report
Apartments & Houses by Size
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Farmington, NM’s rental market offers a balanced mix of apartments and single‑family homes that cater to a variety of lifestyle preferences. Tenants can choose from modern one‑ and two‑bedroom apartments in the vibrant Downtown and South Ranchos districts, or opt for spacious houses nestled in family‑friendly neighborhoods such as Brittany Ranch, Goshen, and the historic River Walk area. The city’s proximity to the San Juan River, Farmington Museum, and numerous outdoor recreation spots makes it an appealing destination for professionals, students, and retirees alike.
Rental pricing reflects the diversity of available units. One‑bedroom apartments typically fall in the $1,000 range, while larger three‑bedroom homes are commonly found around the $1,900 range. This range of options provides flexibility for renters seeking affordable comfort or more premium space without sacrificing access to local amenities. The market’s blend of newer developments and well‑maintained existing properties ensures that residents can find accommodations that match both budget and taste.
Beyond sheer affordability, Farmington’s rental market benefits from a strong sense of community and easy access to essential services. With reputable schools, shopping centers like the Mall of the Southwest, and a growing employment base in healthcare, energy, and education, the city continues to attract new renters each year. Whether you’re looking for a convenient apartment close to downtown nightlife or a quiet house near the river’s scenic trails, Farmington’s rental landscape offers a welcoming environment for all.
Farmington, NM Rent by Property Type & Bedroom Count
Averages, medians, and ranges across recent rental listings
| Property Type | Bedrooms | Average | Median | Min – Max | 25th – 75th |
|---|---|---|---|---|---|
| Apartment | 1 Bedroom | $1,105 | $1,025 | $750 – $1,695 | $950 – $1,400 |
| Apartment | 2 Bedroom | $1,549 | $1,600 | $950 – $2,950 | $1,025 – $1,650 |
| Apartment | 3 Bedroom | $1,584 | $1,675 | $825 – $2,000 | $1,426 – $1,900 |
| House | 1 Bedroom | $1,421 | $1,100 | $850 – $3,000 | $950 – $1,695 |
| House | 2 Bedroom | $1,547 | $1,400 | $875 – $3,500 | $1,100 – $1,750 |
| House | 3 Bedroom | $1,890 | $1,800 | $1,200 – $3,750 | $1,600 – $2,050 |
| House | 4+ Bedroom | $2,366 | $2,195 | $1,700 – $4,500 | $1,900 – $2,500 |
Current rent in Farmington, NM (all property types): 1 Bedroom $1,266, 2 Bedroom $1,548, 3 Bedroom $1,809, 4+ Bedroom $2,156.
Map of Farmington, NM
Outlined area shows the metro area boundary. Shaded regions show where rentals cluster.
About this data
Rent statistics, listings analysis, and visualizations on this page are produced by Rentometer, Inc.
If you cite, share, or republish data from this report, please credit Rentometer.