El Prado, NM rental market

What is the average rent in El Prado, NM?

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Last updated September 25, 2026

Rental market summary

The average rent for all bedrooms and all property types in El Prado, NM is $1,700.

Average rent

$1,700

Month-over-month change

+$50

Year-over-year change

-$1,500

Available rentals

5

Source: Zillow Rentals data

Rental price range

The price range for all bedrooms and all property types is $1,450 to $3,000.

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Rent frequencies
Rent priceNumber of rental properties
$1,4001
$1,6002
$1,7001
$2,7001
$2,8001
$2,9001
$3,000+1

Average rent price over time

In the last year, rent has decreased by $1,500 compared to the previous year.

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Average rent price over time
Last year (2025)This year (2026)
Jan$2,499$1,275
Feb$2,800$1,200
Mar$2,300$1,200
Apr$2,100$1,200
May$1,550$1,600
Jun$2,100$1,900
Jul$2,100$2,000
Aug$2,000$2,500
Sep$1,888$1,650
Oct$2,000No data
Nov$2,000No data
Dec$1,200No data

Market temperature

The El Prado, NM rental market temperature is HOT. Market temperature is based on changes in renter demand compared to the national average. For example, a hot market has increasing demand.

hot

Temperature is based on all bedrooms and all property types.

Compare average rent in markets

Rent in El Prado, NM is 15% lower than the national average.

El Prado, NMvs.

$1,700

$2,000

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Frequently asked questions

1. What is the average rent in El Prado, NM?

The average rent in El Prado, NM is $1,700.

2. What is the average rent for a studio apartment in El Prado, NM?

The average rent for a studio apartment in El Prado, NM is $1,450 per month.

3. What is the average rent for a one-bedroom apartment in El Prado, NM?

The average rent for a one-bedroom apartment in El Prado, NM is $1,700 per month.

4. What is the average rent for a two-bedroom apartment in El Prado, NM?

The average rent for a two-bedroom apartment in El Prado, NM is $2,800 per month.

5. What is the average rent for a three-bedroom apartment in El Prado, NM?

The average rent for a three-bedroom apartment in El Prado, NM is $2,400 per month.

6. How much does it cost to rent a house in El Prado, NM?

Houses in El Prado, NM rent between $1,450 - $3,000 with an average rent of $1,700.

7. How has the rent in El Prado, NM changed in the last year?

In the last year, the rent in El Prado, NM decreased by $1,500

8. How much has the rent in El Prado, NM increased/decreased in the last month?

In the last month, the rent in El Prado, NM increased by $50

9. How many available rentals are there in El Prado, NM?

There are currently 5 rentals available in El Prado, NM.

10. How do rent prices in El Prado, NM compare with the national average?

The average rent in El Prado, NM is $1,700 — 15% lower the national average of $2,000.

Zip codes in El Prado, NM

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