503 W 1st St
503 W 1st St,
Portales, NM 88130
$545 | 1 Bed
Portales
Portales, NM
Area Guide
A charming small town set amongst the beauty of the New Mexican desert
Quiet
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Affordable
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Scenic
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Desert
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Portales is a small New Mexican town where residents enjoy a tight-knit community and sprawling desert views in a historic setting. Low-rise apartments shrouded by trees provide a reprieve from the near-constant sun, but the charm of Portales is always on display. Weekly markets and a quaint city center make this the perfect place to get to know your neighbor. Proximity to Cannon Air Force Base makes this a convenient spot for airmen and women and those who work on base. Highway 70 serves as the main artery for Portales.
Rent Trends
As of March 2025, the average apartment rent in Portales, NM is $586 for one bedroom, $1,180 for two bedrooms, and $1,234 for three bedrooms. Apartment rent in Portales has increased by 1.1% in the past year.
Property Type
Average Rent
Average Sq Ft
Apartment
$586/month
550 Sq Ft
House
$930/month
736 Sq Ft
Transportation
48
Car-Dependent
out of 100 WalkScore® Rating
This area is considered a car-dependent area and most errands will require a car.
52
Bikeable
out of 100 BikeScore® Rating
While there’s some bike infrastructure in this area, you’ll still need a car for many errands.
Schools
Public
Grades 3-4
389 Students
8
Public
Grades 5-6
316 Students
5
Public
Grades 1-2
379 Students
Rating Unavailable
Public
Grades 7-8
408 Students
6
Public
Grades 9-12
807 Students
4
School data provided by
GreatSchools
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
Points of Interest
Shopping Centers
Parks and Recreation
- Natural History Museum
- Miles Mineral Museum
- Oasis State Park
Military Bases
Top Apartments in Portales
Houses for Rent in Portales
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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 February 2025.