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Rental Market Trends in Deming, NM

What is the average rent in Deming, NM?

$590/month

Average Rent

693 Sq Ft

Average Apartment Size

+1%

Increase in the Last Year

As of June 2025, the average rent in Deming, NM is $590 per month. This is 64% lower than the national average rent of $1,627/month, making renting in Deming more affordable than most cities in the US. When you rent an apartment in Deming, you can expect to pay about per month for a studio, $590 for a one-bedroom apartment, and around $655 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $955 or more.

Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$590/month
693 Sq Ft
Two Bedroom
$655/month
850 Sq Ft
Three Bedroom
$955/month
1,000 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 Deming, NM?

In the past year, rent has increased by 1%, which averages out to $7 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 June 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in Deming, NM
Last Updated June 2025
Below $701
Most rental prices fall within this range
Rent Ranges in Deming, NM
Percentage*
Rent Range
83% Below $700/month
17% $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 Deming, NM?

Because the average rent in Deming is $590, you’ll want to make about $1,966 per month or $23,592 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

Deming, NM

7 Available Apartments for Rent

Search for Nearby Apartments

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

Use the tool below to compare Deming, 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 Deming, NM

Apartment Averages

Apartment communities in Deming we think you'll love

2223 S Lime St

2223 S Lime St

2223 S Lime St,
Deming, NM 88030

2 Beds | $950

801 W Pine St

801 W Pine St

801 W Pine St,
Deming, NM 88030

3 Beds | $950

114 S Iron St

114 S Iron St

114 S Iron St,
Deming, NM 88030

1 Bed | $550

300 S Iron St

300 S Iron St

300 S Iron St,
Deming, NM 88030

1 Bed | $800

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United States New Mexico Deming 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 June 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity