
Cheap Homes for Rent in Farmington, NM from $900 (14 Rentals)
Search the lowest-cost Homes available for rent right now in Farmington.


700 N Monterey Ave

2814 Parque De Oeste Dr

2910 Junction St

2803 E 22nd St

2301 1/2 Nathan Ave

5200 Villa View Dr
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

122 Rd 3050

706 Jordan Pl

634 E 7th Ave

314 Tamarron Dr

222.5 N Market St

1417 Camino Sol

117 W Chuska St
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.
Farmington, NM Local Guide

How much does it cost to rent a home in Farmington?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Farmington 2 Bedroom Homes for Rent | $2,098 | $975 | $5,000 |
| Farmington 3 Bedroom Homes for Rent | $2,333 | $1,500 | $3,900 |
| Farmington 4 Bedroom Homes for Rent | $2,510 | $1,600 | $3,800 |
Browse Top Homes for Rent in Farmington
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Farmington, NM Local Guide
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Cheapest Available Farmington Apartments for Rent
 The cheapest available apartment rental in Farmington, NM is a Studio unit found at River Roost in the Downtown Durango neighborhood priced from $998. Residences at Durango has the second lowest priced unit, which is a Studio apartment currently listed from $1,175. Here is today’s list of the most affordable Farmington apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| River Roost | Studio A2 - Unfurnished | Studio,1BA | $998 |
| Residences at Durango | H0.1-60 | Studio,1BA | $1,175 |
| Red Cliff | A1 Loft | 1BR,1BA | $1,353 |
| Gauge | A1 | 1BR,1BA | $1,737 |
| Skyline Apartments | B1 | 2BR,1BA | $2,254 |
Best Value Apartments for Rent in Farmington, NM
As of February 21, 2026 the best value apartment in the Farmington area is the $2.94 price per square foot 736 Main Ave Model at 736 Main Ave, Unit F in the starting from $2,500. The second greatest value Farmington apartment is the B1 Model at Skyline Apartments starting at $2,254 with a $2.88 price per square foot in the Downtown Durango neighborhood. Here is today’s list of the best values for Farmington apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 736 Main Ave, Unit F | 736 Main Ave | 1BR,1BA | $2.94 |
| Skyline Apartments | B1 | 2BR,1BA | $2.88 |
| Gauge | A1 | 1BR,1BA | $2.47 |
| 840 Plymouth Dr, Unit 206 | 840 Plymouth Dr | 1BR,1BA | $2.12 |
| Red Cliff | A1 Renovated | 1BR,1BA | $3.52 |
| Residences at Durango | H0.1-60 | Studio ,1BA | $3.30 |
| River Roost | Studio A2 - Unfurnished | Studio ,1BA | $3.18 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
Read ArticleQuick Rent Budget Calculator
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Best Local Schools in Farmington, NM
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Remember the 3 Rules of Real Estate:Location, Location, Location!
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Frequently Asked Questions about Farmington
What type of rentals are currently available in Farmington?
There are currently 47 Apartments for Rent in Farmington, NM with pricing that ranges from $558 to $10,099. There are also 47 Single Family Homes for rent, Condos, and Townhome rentals currently available in Farmington ranging from $950 to $5,000.
What is the current price range for Rental Homes in Farmington?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Farmington ranges from $950 to $5,000 with an average monthly rent of $1,966.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Articles, How-To's, and Tips

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.