Apartments for Rent in Portales, NM Under $1,500 (62 Rentals)

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The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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property at 2000 Redwine Ave

$775

Total Monthly Price

Total Monthly Price

Base Rent
$775
Total Monthly Price
$775

2 Bedroom, 1 Bath Home for Rent

Available Now

2000 Redwine Ave

PortalesNM88130
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1920 South Avenue G
2 Bedroom Apartments

1920 South Avenue G

1920 S Avenue GPortales, NM 88130
Senior Living

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Alta Terra
2 to 4 Bedroom Apartments

Alta Terra

1302 Cannon BlvdPortales, NM 88130
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Golden Acres Senior
1 to 2 Bedroom Apartments

Golden Acres Senior

718 Wylie Cox CirPortales, NM 88130
Senior Living
  • Utilities Included
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Portales, NM Local Guide

Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Best Local Schools in
Portales, NM

School data provided by Great Schools

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Portales, NM Rentals by Map

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See the most popular apartments and homes in Portales, NM

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Portales, NM Apartments Map
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Portales, NM Rental Homes Map

Frequently Asked Questions about Portales

What is the current price range for One Bedroom Portales Apartments for rent?

Today's rental pricing for One Bedroom Apartments in Portales ranges from $475 to $1,250 with an average monthly rent of $723.

What does renting a Two Bedroom Apartment in Portales cost?

The monthly rent prices of Two Bedroom Apartments currently available in Portales range from $563 to $2,100. Today's average rental price for Two Bedrooms here is $1,137.

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

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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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.