Rentometer, Inc. | Data as of 10/23/2025
Truth or Consequences, nestled along the Rio Grande in southern New Mexico, blends small‑town charm with a vibrant outdoor lifestyle. Known for its historic hot springs, scenic riverwalk, and proximity to the spectacular Elephant Butte Reservoir, the city draws weekend visitors and permanent residents alike. The relaxed pace, clear skies, and a strong sense of community make it an appealing destination for families, retirees, and remote professionals seeking a balance of recreation and convenience.
The rental market in Truth or Consequences is primarily driven by well‑maintained apartments, with a strong preference for one‑bedroom units. These apartments typically feature modern kitchens, on‑site laundry, and easy access to downtown shops and cafés. Rental rates generally hover in the $1200 range, reflecting both the affordability of the area and the high quality of the properties. Popular neighborhoods such as Riverside and Downtown Historic offer convenient walking distance to the hot‑spring resorts, local museums, and seasonal festivals.
Residents benefit from a walkable downtown, reliable public transportation, and easy highways that connect to larger hubs like Las Cruces. With steady demand from seasonal workers, students attending nearby CCD campuses, and long‑term renters attracted by the lifestyle, vacancy rates remain low. Whether you’re looking for a quiet retreat or a lively community base, the city’s rental options provide a welcoming gateway to the natural beauty and cultural events that define Truth or Consequences.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | 1 Bedroom | $1,150 | $1,250 | $950 - $1,250 | $950 - $1,250 |
In the current period, the average rent in Truth or Consequences was $1,150 for 1 Bedroom.
Data provided by Rentometer, Inc.