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Rental Market Trends in Alamogordo, NM

What is the average rent in Alamogordo, NM?

$1,043/month

Average Rent

646 Sq Ft

Average Apartment Size

+2.4%

Increase in the Last Year

As of January 2026, the average rent in Alamogordo, NM is $1,043 per month. This is 36% lower than the national average rent of $1,625/month, making renting in Alamogordo more affordable than most cities in the US. When you rent an apartment in Alamogordo, you can expect to pay about $750 per month for a studio, $1,043 for a one-bedroom apartment, and around $984 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,647 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$750/month
450 Sq Ft
One Bedroom
$1,043/month
646 Sq Ft
Two Bedroom
$984/month
838 Sq Ft
Three Bedroom
$1,647/month
1,219 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Three Bedroom
$1,709/month
1,636 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft

How much has average rent changed in Alamogordo, NM?

In the past year, rent has increased by 2.4%, which averages out to $26 more per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated January 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Alamogordo, NM
Last Updated January 2026
$1,001 - $1,500
Most rental prices fall within this range
Rent Ranges in Alamogordo, NM
Percentage*
Rent Range
30% Below $700/month
30% $700 - $1,000/month
40% $1,001 - $1,500/month
0% $1,501 - $2,000/month
0% Above $2,000/month

What salary do I need to live comfortably in Alamogordo, NM?

Because the average rent in Alamogordo is $1,043, you’ll want to make about $3,476 per month or $41,712 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

City

Alamogordo, NM

58 Available Apartments for Rent

Search for Nearby Apartments

How does Alamogordo, NM compare to other nearby cities and neighborhoods?

Use the tool below to compare Alamogordo, NM to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

Explore the Area Guide for Alamogordo, NM

Apartment Averages

Apartment communities in Alamogordo we think you'll love

Cielo at Alamogordo

Cielo at Alamogordo

2553 1st St,
Alamogordo, NM 88310

$1,075 - $1,305

2-3 Beds

Los Arcos and Starlight Court

Los Arcos and Starlight Court

200 Moonglow Ave,
Alamogordo, NM 88310

$568 - $798

2 Beds

Azotea Apartments 62+

Azotea Apartments 62+

2400 1st St,
Alamogordo, NM 88310

$411 - $805

1-2 Beds

Cottonwood Commons

Cottonwood Commons

1220 Jefferson Ave,
Alamogordo, NM 88310

$554 - $723

1-3 Beds

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United States New Mexico Alamogordo Rental Trends

Methodology

† 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.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity