Average Rent in Las Cruces, NM

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Current Versus Historical Las Cruces, NM Rents

Las Cruces rentals average $0 for a studio rental to $1,795 for a 4-bedroom rental. The median price of all currently available listings is $1,450, or roughly $1 per square feet.
For the apartment units and housing in April 2024, median rents have fallen substantiallyover the last year. Studio rentals prices have decreased by $66 (-11.96%) year-over-year from $554 to $488. 1-bedroom rentals prices have decreased by $235 (-25.27%) year-over-year from $930 to $695. 2-bedroom rentals prices have increased by $408 (42.78%) year-over-year from $953 to $1,360. 3-bedroom rentals prices have increased by $182 (11.96%) year-over-year from $1,518 to $1,700. 4-bedroom rentals prices have decreased by $41 (-2.22%) year-over-year from $1,836 to $1,795. Note that this figure includes all active and rented listings throughout the month.
Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone down by 2.99% this month. 1-bedroom rents have gone down by 19.65% this month. 2-bedroom rents have gone up by 25.64% this month. 3-bedroom rents have gone up by 4.72% this month. 4-bedroom rents have gone down by 3.10% this month.
Beds
Price / Sqft
Apr 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
1 BR $1.60 $695 $930 (-25.27%) $636 (9.31%)
2 BR $1.19 $1,360 $953 (42.78%) $792 (71.79%)
3 BR $1.10 $1,700 $1,518 (11.96%) $1,203 (41.37%)
4+ BR $0.97 $1,795 $1,836 (-2.22%) $1,487 (20.74%)

Historical Rents in Las Cruces, NM

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Las Cruces



Let's compare Las Cruces, NM's rent against other top cities nearby by bedroom size.
City Studio 1 Bed 2 Bed All

Top Neighborhoods Near Las Cruces



View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All

Top Counties Near Las Cruces

The average rent for rentals in these counties is $1,500. That's roughly around $1 per sqft. The county that is the most affordable is Dona Ana, NM. It's average rent per month is $1,500. Vice versa, with an average rent of $1,500, Dona Ana, NM is the most expensive county by Las Cruces, NM.

In comparison, rent for one bedroom listings in Las Cruces, NM is 6.59% more expensive than other counties nearby. Finally, rent for two bedrooms in Las Cruces, NM is 4.23% more affordable than other counties nearby. We've listed all of these counties in the chart below.
County Studio 1 Bed 2 Bed All
Dona Ana, NM N/A $850 $1,418 $1,500

Top Zipcodes Near Las Cruces



You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All

Frequently Asked Questions - Las Cruces Average Rents

What is the average rent price in Las Cruces, NM?
The average monthly rental price for Las Cruces, NM apartments for rent is approximately $1,450. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do Las Cruces, NM rent prices drop in winter?
Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in Las Cruces, NM.
How much is a studio apartment in Las Cruces, NM?
The average monthly rental price for studio apartments is $0 and an average price per square feet of $0.00. There are a total of 1 studio apartment listings currently available for rent in Las Cruces.
How much is a one bedroom apartment in Las Cruces, NM?
The average monthly rental price for one bedroom apartments is $910 and an average price per square feet of $1.60. There are a total of 12 one bedroom apartment listings currently available for rent in Las Cruces.
How much is a two bedroom apartment in Las Cruces, NM?
The average monthly rental price for two bedroom apartments is $1,360 and an average price per square feet of $1.19. There are a total of 27 two bedroom apartment listings currently available for rent in Las Cruces.
How have rent prices in Las Cruces, NM changed this year?
Rent prices for rentals in Las Cruces, NM can fluctuate yearly. Specifically, studio rental prices have changed by -0.12%, one bedroom rental prices have changed by -0.25%, two bedroom rental prices have changed by 0.43%, and three bedroom rental prices have changed by 0.12% year-over-year.
What is a reasonable rent price in Las Cruces, NM?
A reasonable rent price in Las Cruces, NM is around $1,160/month. You can search for these reasonably priced rental listings on RentHop.
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