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Rental Market Trends in Belen, NM

What is the average rent in Belen, NM?

$564/month

Average Rent

0 Sq Ft

Average Apartment Size

+1.5%

Increase in the Last Year

As of March 2026, the average rent in Belen, NM is $564 per month. This is 65% lower than the national average rent of $1,626/month, making renting in Belen more affordable than most cities in the US. When you rent an apartment in Belen, you can expect to pay about per month for a studio, $564 for a one-bedroom apartment, and around $590 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay or more.

Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$564/month
0 Sq Ft
Two Bedroom
$590/month
319 Sq Ft
Floor Plan Type
Average Rent
Average 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 Belen, NM?

In the past year, rent has increased by 1.5%, which averages out to $9 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 March 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Belen, NM
Last Updated March 2026
Below $701
Most rental prices fall within this range
Rent Ranges in Belen, NM
Percentage*
Rent Range
100% Below $700/month
0% $700 - $1,000/month
0% $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 Belen, NM?

Because the average rent in Belen is $564, you’ll want to make about $1,880 per month or $22,560 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

Belen, NM

4 Available Apartments for Rent

Search for Nearby Apartments

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

Use the tool below to compare Belen, 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 Belen, NM

Apartment Averages

Nearby City Rent Trends

  • Los Lunas Average Rent

Apartment communities in Belen we think you'll love

17 Jose I Garcia Rd

17 Jose I Garcia Rd

17 Jose I Garcia Rd,
Belen, NM 87002

$2,450

4 Beds

530 Gabaldon Rd

530 Gabaldon Rd

530 Gabaldon Rd,
Belen, NM 87002

$950

1 Bed

502 Laura Ct

502 Laura Ct

502 Laura Ct,
Belen, NM 87002

$1,650

3 Beds

1854 Peyton Rd

1854 Peyton Rd

1854 Peyton Rd,
Los Lunas, NM 87031

$1,500

3 Beds

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United States New Mexico Belen 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 February 2026.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity