Farmington Homes for Rent
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Our new rental is so nice. The neighbors are friendly, the neighborhood is great for the kids and we have our own pool! - Farmington,NM
Farmington Homes for Rent
Farmington has a number of excellent houses for rent that are absolutely basic to come upon using the home rental search features on MyNewPlace. Home rentals often provide you with extra storage space. Search townhomes, condos, or single family homes that suit your housing rental needs in all the most excellent parts of Farmington.
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Farmington Market Trends
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Household Income
Household Income City State City Compared to State Less than $10,000 10.5% 12.5% -2.0% $10,000 to $14,999 7.7% 8.4% -0.7% $15,000 to $19,999 5.8% 7.9% -2.1% $20,000 to $24,999 8.6% 7.9% +0.7% $25,000 to $29,999 6.6% 7.3% -0.7% $30,000 to $34,999 6.6% 7.1% -0.5% $35,000 to $39,999 7.8% 6.4% +1.4% $40,000 to $44,999 6.3% 5.8% +0.5% $45,000 to $49,999 4.8% 4.8% +0.0% $50,000 to $59,999 7.3% 8.0% -0.7% $60,000 to $74,999 10.2% 8.5% +1.7% $75,000 to $99,999 10.1% 7.8% +2.3% $100,000 to $124,999 3.6% 3.4% +0.2% $125,000 to $149,999 1.9% 1.6% +0.3% $150,000 to $199,999 0.9% 1.3% -0.4% $200,000 or more 1.4% 1.3% +0.1% -
Cost of Living
Share of Household Income Spent on Rent City State City Compared to State Less than 10.0% 8.3% 6.2% +2.1% 10.0% to 14.9% 12.5% 10.4% +2.1% 15.0% to 19.9% 15.1% 13.0% +2.1% 20.0% to 24.9% 13.4% 11.4% +2.0% 25.0% to 29.9% 8.3% 9.7% -1.4% 30.0% to 34.9% 5.4% 7.1% -1.7% 35.0% to 39.9% 3.7% 5.4% -1.7% 40.0% to 49.9% 7.7% 7.1% +0.6% 50.0% or more 20.2% 18.0% +2.2% Not computed 5.5% 11.6% -6.1% -
Age Demographic of Renters
Age Demographic of Renters City State City Compared to State 15 to 24 years 16.9% 15.4% +1.5% 25 to 34 years 27.5% 26.2% +1.3% 35 to 44 years 23.9% 23.1% +0.8% 45 to 54 years 14.9% 16.0% -1.1% 55 to 64 years 6.8% 8.1% -1.3% 65 to 74 years 4.2% 5.3% -1.1% 75 to 84 years 4.1% 4.1% +0.0% 85 years and over 1.7% 1.9% -0.2% -
Travel Time to Work
Travel Time to Work City State City Compared to State Less than 30 minutes 52.3% 43.1% +9.2% 30 to 44 minutes 14.3% 22.5% -8.2% 45 to 59 minutes 6.6% 11.3% -4.7% 60 or more minutes 26.7% 23.1% +3.6%
Source: 2000 Census
Average Price to Lease a Home Property in Farmington, New Mexico
| # Bedrooms | Jan | Dec | Nov | 3 Month % change |
|---|---|---|---|---|
| 1 Bed | $608 | $561 | $565 | 7.6% |
| 2 Bed | $667 | $627 | $688 | -3.1% |
| 3 Bed | $1,232 | $1,179 | $1,392 | -11.5% |
| 4 Bed | N/A | N/A | N/A | 0% |
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Houses for Rent in Cities Near Farmington, NM
MyNewPlace can help you find the Farmington, NM home rental that will work best for you. Using our rental home search, you can view townhomes or condos for rent if you want to live downtown, or check out the rental listings for single family house rentals in the surrounding areas. Try one of these cities below for more rental houses near Farmington, NM.