The median home in Portales, New Mexico is valued at $133,087, down 1.4% year over year. Typical monthly rent is $959, producing a price-to-rent ratio of 11.6x — below the national average of 18x. Portales is part of the Portales, NM metropolitan area, which CrashWatch tracks daily with real-time stress scores and crash risk analysis.

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Home Value$133,087

-1.4%

Rent$959/mo

AFFORDABILITY

Enter your income for Portales.

Income (annual)

Down Payment

$26,617 on $133,087

Affordable — 14.3% of income

Under the 28% guideline.

PITI$895

P/I14.3%

Afford$260K

Room+$127K

P&I $673Tax $89Ins $133

Buying $64/mo cheaper ($959 rent)6.50% 30yr, 20% down, county tax + NM ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Other cities in New Mexico

Compare Portales with other housing markets across New Mexico.

Lamy$810K Los Ranchos de Albuquerque$685K Corrales$684K Placitas$635K Arroyo Seco$620K Alto$569K Santa Fe$569K Los Alamos$568K

Full Portales, NM analysis

Stress scores, crash risk, early warning signals, and 12-month price forecasts for the Portales, NM metro.

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PORTALES, NM