1402 S Avenue J
PortalesNM88130
Cheap Homes for Rent in Portales, NM from $500 (12 Rentals)
Search the lowest-cost Homes available for rent right now in Portales.
209 Gidding St
ClovisNM88101
519 1/2 Gidding St
ClovisNM88101
1404 S Avenue J
PortalesNM88130
522 S Ave E
PortalesNM88130
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.
120 Navajo Rd
ClovisNM88101
618 S Abilene Ave
PortalesNM88130
1105 Wallace St
ClovisNM88101
506 E 1st St
PortalesNM88130
1707 W 17th Ln
PortalesNM88130
720 S Dallas Ave
PortalesNM88130
509 W 2nd St
PortalesNM88130
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.
Showing Results 1-12, Page 1 of 1
Portales, NM Local Guide
How much does it cost to rent a home in Portales?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Portales 2 Bedroom Homes for Rent | $1,081 | $600 | $2,000 |
| Portales 3 Bedroom Homes for Rent | $1,359 | $725 | $1,850 |
| Portales 4 Bedroom Homes for Rent | $1,600 | $1,300 | $1,900 |
Browse Top Homes for Rent in Portales
Explore Portales
Portales, NM Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
Cheapest Available Portales Apartments for Rent
The cheapest available apartment rental in Portales, NM is a 2 Beds unit found at Townsgate Apartments priced from $949. Gidding Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $950. Here is today’s list of the most affordable Portales apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Townsgate Apartments | 125 Townsgate E | 2BR,1BA | $949 |
| Gidding Apartments | 3401 Gidding | 2BR,1BA | $950 |
| 2100 Fred Daugherty Ave | Fred Daugherty L | 2BR,2BA | $1,000 |
| Raintree Apartments | C1 | 2BR,2BA | $1,299 |
Best Value Apartments for Rent in Portales, NM
As of May 30, 2025 the best value apartment in the Portales area is the $0.67 price per square foot 1618 S Ave G Ave Model at 1618 S Ave G Ave, Unit # A in the starting from $800. The second greatest value Portales apartment is the 2100 Fred Daughtery B Model at 2100 Fred Daugherty Ave starting at $1,000 with a $0.91 price per square foot . Here is today’s list of the best values for Portales apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 1618 S Ave G Ave, Unit # A | 1618 S Ave G Ave | 2BR,2BA | $0.67 |
| 2100 Fred Daugherty Ave | 2100 Fred Daughtery B | 2BR,2BA | $0.91 |
| Raintree Apartments | C1 | 2BR,2BA | $1.32 |
| Townsgate Apartments | 129 Townsgate | 2BR,1BA | $1.06 |
| Gidding Apartments | 3401 Gidding | 2BR,1BA | $1.06 |
| 704 W 13th St, Unit 704 W 13th Street | 704 W 13th St | 2BR,1BA | $1.00 |
| 806 W Plaza Dr, Unit #B | 806 W Plaza Dr | 1BR,1BA | $1.11 |
| 108 Wallace St, Unit #2 | 108 Wallace St | 1BR,1BA | $1.35 |
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.
Let everyone know!
Do you know the Portales area?
If you’re an expert on all things Portales, tell us what you love (and don't) by rating it and writing a review.
Write a Review
Frequently Asked Questions about Portales
What type of rentals are currently available in Portales?
There are currently 48 Apartments for Rent in Portales, NM with pricing that ranges from $495 to $1,350. There are also 33 Single Family Homes for rent, Condos, and Townhome rentals currently available in Portales ranging from $500 to $2,000.
What is the current price range for Rental Homes in Portales?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Portales ranges from $500 to $2,000 with an average monthly rent of $1,145.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.
The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.
Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.
The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.
Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.