516 E 1st St
516 E 1st St,
Portales, NM 88130
$550
1 Bed
Portales is a small New Mexican town where residents enjoy a tight-knit community and sprawling desert views in a historic setting. Low-rise apartments shrouded by trees provide a reprieve from the near-constant sun, but the charm of Portales is always on display. Weekly markets and a quaint city center make this the perfect place to get to know your neighbor. Proximity to Cannon Air Force Base makes this a convenient spot for airmen and women and those who work on base. Highway 70 serves as the main artery for Portales.
As of October 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.
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 September 2025.