Rental Market Trends in Espanola, NM

Q: What is the average rent in Espanola, NM?

As of June 2025, the average rent in Espanola, NM was -.

What is the average rent in Espanola, NM?

Average Rent

Average Apartment Size

As of June 2025, the average rent in Espanola, NM is - per month. When you rent an apartment in Espanola, you can expect to pay about per month for a studio, for a one-bedroom apartment, and around $1,312 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,412 or more.

Floor Plan Type

Average Rent

Average Sq Ft

Two Bedroom

$1,312/month

990 Sq Ft

Three Bedroom

$1,412/month

1,189 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 Espanola, NM?

Percentage*

Rent Range

0% Below $700/month

0% $700 - $1,000/month

100% $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 Espanola, NM?

Because the average rent in Espanola is -, you’ll want to make about per month or 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 Espanola, NM compare to other nearby cities and neighborhoods?

Use the tool below to compare Espanola, 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.

Apartment Averages

Nearby City Rent Trends

Los Alamos Average Rent

Apartment communities in Espanola we think you'll love

1000 NM 76

1000 NM 76,
Espanola, NM 87532

2 Beds | $1,500

1000 NM-76

1000 NM-76,
Santa Cruz, NM 87567

2 Beds | $1,500

Canyon Walk Income Restricted

120 DP Rd,
Los Alamos, NM 87544

1-3 Beds | $1,135 - $2,361

30 La Puebla Rd

30 La Puebla Rd,
Española, NM 87532

1 Bed | $1,800

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United States New Mexico Espanola 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.