Rental Market Trends in Deming, NM
What is the average rent in Deming, NM?
$596/month
Average Rent
693 Sq Ft
Average Apartment Size
+0.6%
Increase in the Last Year
Deming, NM Rental Market Overview
The average rent in Deming, NM is $596 per month. This is 64% lower than the national average rent of $1,644/month, making renting in Deming more affordable than most cities in the US.
- Studio apartments in Deming average per month.
- One-bedroom apartments in Deming average $596 per month.
- Two-bedroom apartments in Deming average $664 per month.
- Three-bedroom apartments in Deming average $982 or more per month.
Data Updated: June, 2026
How much has average rent changed in Deming, NM?
In the past year, rent has increased by 0.6%, which averages out to $4 more per month.
What salary do I need to live comfortably in Deming, NM?
Because the average rent in Deming is $596, you’ll want to make about $1,986 per month or $23,832 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.
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.
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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 2026.
Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.
* Percentages may not total 100 due to rounding.