Farmington, NM rental market

Choose another area

Last updated August 10, 2025

Rental market summary

The average rent for all bedrooms and all property types in Farmington, NM is $1,485.

Average rent

$1,485

Month-over-month change

-$115

Year-over-year change

-$65

Available rentals

26

Source: Zillow Rentals data

Rental price range

The price range for all bedrooms and all property types is $675 to $2,600.

Rent frequencies
Rent priceNumber of rental properties
$6001
$7004
$8003
$9003
$1,1002
$1,2001
$1,3001
$1,4002
$1,6002
$1,7003
$1,8003
$2,0001
$2,1002
$2,2002
$2,3001
$2,4002
$2,5003
$2,600+1

Average rent price over time

In the last year, rent has decreased by $65 compared to the previous year.

Average rent price over time
Last year (2024)This year (2025)
Jan$1,325$1,695
Feb$1,400$1,200
Mar$1,000$1,495
Apr$1,400$1,400
May$1,200$1,500
Jun$1,275$1,500
Jul$1,450$1,775
Aug$1,495$1,400
Sep$1,550No data
Oct$1,495No data
Nov$1,100No data
Dec$1,000No data

Market temperature

The Farmington, NM rental market temperature is WARM. Market temperature is based on changes in renter demand compared to the national average. For example, a hot market has increasing demand.

warm

Temperature is based on all bedrooms and all property types.

Compare average rent in markets

Rent in Farmington, NM is 29% lower than the national average.

Farmington, NMvs.

$1,485

$2,100

Rent in Farmington, NM

We created a seamless online experience for you - from shopping on the largest rental network, to applying, to paying rent.

Explore Rentals

Frequently asked questions

1. What is the average rent in Farmington, NM?

The average rent in Farmington, NM is $1,485.

2. How much does it cost to rent a house in Farmington, NM?

Houses in Farmington, NM rent between $675 - $2,600 with an average rent of $1,485.

3. How has the rent in Farmington, NM changed in the last year?

In the last year, the rent in Farmington, NM decreased by $65

4. How much has the rent in Farmington, NM increased/decreased in the last month?

In the last month, the rent in Farmington, NM decreased by $115

5. How many available rentals are there in Farmington, NM?

There are currently 26 rentals available in Farmington, NM.

6. How do rent prices in Farmington, NM compare with the national average?

The average rent in Farmington, NM is $1,485 — 29.29% lower the national average of $2,100.

Zip codes in Farmington, NM