Rentometer, Inc. | Data as of 10/23/2025
Carlsbad, New Mexico, blends the charm of a historic Western town with the natural allure of nearby attractions such as Carlsbad Caverns National Park, the Pecos River, and the mesas of Lincoln National Forest. The city’s rental market reflects this diversity, offering a balanced mix of apartments and single‑family homes that cater to students, professionals, and growing families alike. Whether you’re seeking a low‑maintenance one‑bedroom apartment in the vibrant downtown corridor or a spacious four‑plus bedroom house on the quieter outskirts, Carlsbad provides options that fit a range of lifestyle needs. Rental rates are competitive, with one‑bedroom apartments averaging in the $1200s and larger homes extending into the $3000 range, while median figures for three‑bedroom houses hover around $2500.
Neighborhoods such as Carlsbad East and Carlsbad West boast convenient access to shopping, dining, and top‑rated schools, making them popular choices for families. The historic downtown district offers walkable streets lined with boutique shops, cafes, and cultural venues, appealing to renters who enjoy an active urban vibe. Proximity to major employers in the oil and gas sector, as well as the regional medical center, further enhances the city’s appeal for working professionals. With a blend of modern apartments, traditional homes, and a welcoming community atmosphere, Carlsbad rentals present a compelling option for anyone looking to settle in southern New Mexico’s thriving housing market.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | 1 Bedroom | $1,202 | $1,212 | $999 - $1,335 | $1,150 - $1,314 |
| Apartment | 2 Bedroom | $1,444 | $1,475 | $1,099 - $1,645 | $1,350 - $1,610 |
| Apartment | 3 Bedroom | $1,868 | $1,800 | $1,500 - $2,300 | $1,776 - $1,965 |
| House | 1 Bedroom | $1,237 | $1,200 | $950 - $1,600 | $1,200 - $1,600 |
| House | 2 Bedroom | $1,663 | $1,500 | $1,100 - $2,950 | $1,300 - $2,000 |
| House | 3 Bedroom | $2,557 | $2,500 | $1,495 - $3,900 | $2,000 - $3,000 |
| House | 4+ Bedroom | $3,150 | $3,250 | $2,300 - $3,900 | $3,000 - $3,500 |
In the current period, the average rent in Carlsbad was $1,214 for 1 Bedroom, $1,562 for 2 Bedroom, $2,479 for 3 Bedroom, and $3,150 for 4+ Bedroom.
Data provided by Rentometer, Inc.