How much is a 2-bedroom apartment in Portales, NM?

Name: Rent by bedrooms in Portales, NM, 2020–2024
Creator: US Census Bureau
License: https://www.census.gov/data/developers/about/terms-of-service.html

In Portales, NM, the median gross rent for a two-bedroom home is $855 (±$51) a month (2020–2024 American Community Survey, table B25031).

A one-bedroom home rents for a median of $586 (±$106).

A three-bedroom home rents for a median of $1,277 (±$236).

HUD’s fiscal year 2027 Fair Market Rent for a two-bedroom home in the Roosevelt County, NM is $1,014.

Figures last updated on November 12, 2026.

1 bedroom: $586 (±$106)
2 bedrooms: $855 (±$51)
3 bedrooms: $1,277 (±$236)
4 bedrooms: $1,408 (±$180)

Rent by bedroom count in Portales

Median gross rent by number of bedrooms, estimate (90% margin of error)
	Portales	Roosevelt County	New Mexico	United States
1 bedroom	$586 (±$106)	$608 (±$103)	$887 (±$14)	$1,235
2 bedrooms	$855 (±$51)	$842 (±$49)	$1,062 (±$17)	$1,407
3 bedrooms	$1,277 (±$236)	$1,180 (±$155)	$1,281 (±$24)	$1,584
4 bedrooms	$1,408 (±$180)	$1,403 (±$141)	$1,507 (±$78)	$1,957

A median for a bedroom size is published only where enough renting households of that size were surveyed; a dash means the Census Bureau did not publish one.

Census rents against HUD’s Fair Market Rent, fiscal year 2027

Dollars a month; the Fair Market Rent is for the Roosevelt County, NM
	Census median, this place	HUD Fair Market Rent
1 bedroom	$586 (±$106)	$818
2 bedrooms	$855 (±$51)	$1,014
3 bedrooms	$1,277 (±$236)	$1,404

A Fair Market Rent is HUD’s estimate of the gross rent of a modest rental home across the whole HUD area, set for the voucher program; the Census median is what renting households in this place reported paying.

The two answer different questions and are not expected to match.

Median gross rent, 2 bedrooms in places near Portales

Nearest places with a published estimate, compared with Portales
Place	Distance	Median gross rent, 2 bedrooms	Compared with this place
Portales	—	$855 (±$51)	—
Cannon AFB	14 mi	$1,134 (±$16)	Higher
Clovis	20 mi	$996 (±$100)	Higher
Farwell	23 mi	$1,083 (±$148)	Higher
Melrose	23 mi	$523 (±$83)	Lower
Bovina	36 mi	$990 (±$222)	Not measurably different
Muleshoe	36 mi	$827 (±$277)	Not measurably different
Morton	46 mi	$801 (±$446)	Not measurably different
Friona	48 mi	$1,198 (±$492)	Not measurably different

Nearby places with a measurably lower figure: Melrose, NM ($523).

Nearby places with a measurably higher figure: Cannon AFB, NM ($1,134), Clovis, NM ($996), Farwell, TX ($1,083).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Survey years: 2020–2024 (American Community Survey 5-year estimates).

Margins of error are at the 90% confidence level.

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Questions about Portales

How much is a one-bedroom apartment in Portales?

The median gross rent for a one-bedroom home in Portales, NM is $586 (±$106) a month (2020–2024 American Community Survey).

How much is a two-bedroom apartment in Portales?

The median gross rent for a two-bedroom home in Portales, NM is $855 (±$51) a month (2020–2024 American Community Survey).

How much does a three-bedroom rental cost in Portales?

The median gross rent for a three-bedroom home in Portales, NM is $1,277 (±$236) a month (2020–2024 American Community Survey).

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year detailed tables (acs/acs5) for Portales city, New Mexico (place:59260, in state:35).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The API needs a free key.

Request a Census API key.

B25031_002E, B25031_002M, B25031_003E, B25031_003M, B25031_004E, B25031_004M, B25031_005E, B25031_005M, B25031_006E, B25031_006M, B25031_007E, B25031_007M

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.