516 E 1st St
516 E 1st St,
Portales, NM 88130
$550
1 Bed
Since opening its doors in 1934, Eastern New Mexico University has established itself as an important contributor to the region’s educational community. In addition to its noteworthy academic programs, the ENMU campus is noteworthy for hosting the Jack Williamson Science Fiction Library, one of the most extensive collections of its kind in the world. The main campus is a longtime fixture in Portales, a small city just minutes away from the Texas state line. The university is only a few blocks away from the city center, making it easy to hop downtown to check out the collective of unique restaurants, shops, and other popular hangouts like the Roosevelt Brewing Company and the Yam Theater.
The campus itself is surrounded by residential neighborhoods, making it fairly easy to find an apartment, condo, or rental house within walking distance of both the university and the broader community’s attractions. Rental rates in town tend to be quite affordable, allowing you to live close to the action without breaking the bank.
As of November 2025, the average apartment rent in Portales, NM is $591 for one bedroom, $1,193 for two bedrooms, and $1,246 for three bedrooms. Apartment rent in Portales has increased by 0.8% in the past year.
1 BR
550 sq ft
Average Sq Ft
$591/month
Average Rent
2 BR
1,292 sq ft
Average Sq Ft
$1,193/month
Average Rent
3 BR
1,827 sq ft
Average Sq Ft
$1,246/month
Average Rent
Car-Dependent
out of 100 WalkScore® Rating
This area is considered a car-dependent area and most errands will require a car.
Bikeable
out of 100 BikeScore® Rating
While there’s some bike infrastructure in this area, you’ll still need a car for many errands.
Public
Grades 3-4
389 Students
Public
Grades 5-6
316 Students
Public
Grades 1-2
379 Students
Public
Grades 7-8
408 Students
Public
Grades 9-12
807 Students
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† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in November 2025.