Apartments & Homes for Rent in Lea County, NM

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What to Know About

Life in Lea County & Beyond

Lea County shares many of the great qualities that make New Mexico a desirable place to live.

New Mexico, known as the "Land of Enchantment," boasts a rich cultural heritage, stunning desert landscapes, and thriving arts and outdoor recreation. Learn about the state's fascinating history by visiting ancient Native American ruins, such as the remarkable Chaco Canyon and Aztec Ruins, or experience modern art museums, including the world-renowned Harwood Museum of Art and the Museum of International Folk Art. The state is also home to several prestigious universities, including New Mexico State University and the University of New Mexico.

Outdoor enthusiasts will find no shortage of opportunities for adventure in New Mexico, with endless options for hiking, camping, and skiing in the Sandia and Sacramento Mountains, as well as fishing and boating in Lake Powell and Elephant Butte Lake. In addition, be sure to explore some of the most iconic landscapes in the country, including the magnificent Carlsbad Caverns National Park and White Sands National Monument, and experience the historic charm of Taos.

New Mexico's unique blend of affordability, job opportunities, cultural heritage, natural beauty, and quality of life make it a great place to live. So whether you're seeking outdoor adventures, artistic inspiration, or a peaceful desert oasis, New Mexico has it all.

Rental Market Trends

Lea County, NM

As of April 2025, Lea County's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Lea County's average rent is 1.8% ($27) higher than the New Mexico average of $1,466 and 17.0% ($306) lower than the U.S. average of $1,799.

Average Rent
$1,493
Monthly ChangeMonth Over Month Change
Increased3% ($44)
Yearly ChangeYear Over Year Change
Increased7.5% ($104)
Avg. Days on MarketAverage Days on Market
32
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,338 Increased25.4% ($271) Increased47.2% ($429)
2 Beds $1,745 Increased20.7% ($299) Increased23.1% ($328)
3 Beds $2,327 Increased26.7% ($490) Increased37% ($628)
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Lea County Rental Market FAQs

Explore rental prices, market trends, and availability in Lea County, NM.

The average rent in Lea County, NM is $1,493 per month.
Homes in Lea County typically rent for between $937 and $3,025 per month, with an average of $1,493 per month.
In Lea County, the average rent for a 1-bedroom home is $1,338 per month, for a 2-bedroom home, $1,745 per month, and a 3-bedroom home is $2,327 per month.
The average rent in Lea County is 17% ($306) lower than the national average of $1,799 per month.
The average rent in Lea County has increased by 3.0% ($44) in the last month and increased by 7.5% ($104) over the past year.
The rental market in Lea County, NM, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In Lea County, NM, the average rental stays on the market for approximately 32 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There are currently 7 rental properties available in Lea County, NM.
Based on the current averages, a household would need an annual income of $69,800 to comfortably afford a 2-bedroom home in Lea County.
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