Rentometer, Inc. | Data as of 10/23/2025
Chaves County, nestled in southeastern New Mexico, blends rich aerospace heritage with wide‑open desert scenery, making it an attractive destination for both families and professionals. The county’s centerpiece, Roswell, offers a vibrant downtown with museums, art galleries, and a lively restaurant scene, while nearby attractions such as Bitter Lake and the Lincoln National Forest provide ample outdoor recreation. With a mix of suburban neighborhoods and rural expanses, the area appeals to renters seeking a balance of community amenities and spacious living.
The rental market in Chaves County features a diverse inventory of apartments and single‑family homes. One‑bedroom apartments typically fall in the $800 range, with median rents hovering near the low $700s, while two‑bedroom units move toward the $900‑$1,000 bracket. Larger three‑bedroom apartments reach the mid‑$1,200 to $1,500 range. House rentals present comparable flexibility: studios average around $1,500, one‑bedroom homes sit in the $1,000‑$1,100 range, and two‑bedroom houses commonly rent in the $1,200‑$1,400 window. For larger families, three‑bedroom homes are often found in the $1,600‑$1,700 range, and four‑plus‑bedroom properties command premium rates in the $2,300‑$2,400 territory.
Popular neighborhoods such as the historic West End, the family‑friendly Eastside, and the newer developments near the Roswell International Air Center cater to a variety of lifestyles. Proximity to schools, shopping centers, and major highways enhances everyday convenience, while ongoing economic growth supports a stable rental environment. Whether you’re looking for a compact apartment close to downtown culture or a spacious house near outdoor attractions, Chaves County offers rental options that align with a broad spectrum of preferences and budgets.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | 1 Bedroom | $820 | $771 | $650 - $1,241 | $710 - $870 |
| Apartment | 2 Bedroom | $966 | $872 | $790 - $1,525 | $820 - $1,000 |
| Apartment | 3 Bedroom | $1,547 | $1,215 | $968 - $3,300 | $1,073 - $1,675 |
| House | Studio | $1,460 | $725 | $657 - $3,000 | $657 - $3,000 |
| House | 1 Bedroom | $1,035 | $896 | $675 - $2,450 | $795 - $1,050 |
| House | 2 Bedroom | $1,439 | $1,262 | $725 - $3,200 | $1,100 - $1,600 |
| House | 3 Bedroom | $1,725 | $1,600 | $900 - $3,300 | $1,300 - $2,000 |
| House | 4+ Bedroom | $2,408 | $2,300 | $900 - $4,950 | $1,450 - $2,800 |
In the current period, the average rent in Chaves was $1,182 for Studio, $946 for 1 Bedroom, $1,312 for 2 Bedroom, $1,707 for 3 Bedroom, and $2,409 for 4+ Bedroom.
Data provided by Rentometer, Inc.