FairRentWize

New Mexico vs Idaho: Rent Comparison 2026

Side-by-side comparison of fair market rents, income, and tenant protections between New Mexico and Idaho.

New Mexico is 0% cheaper for a 2-bedroom rental than Idaho, saving renters approximately $0/mo ($0/year).

MetricNew MexicoIdaho
Average 1BR Rent$791/mo$807/mo
Average 2BR Rent$983/mo$983/mo
Median Income$58,909$57,052
Renter %35.5%32.7%
Tenant Rights5/103/10

Rent Burden Comparison

New Mexico

2BR Rent: $983/mo of $58,909/yr income

20.0% of income

Idaho

2BR Rent: $983/mo of $57,052/yr income

20.7% of income

Frequently Asked Questions

Is New Mexico or Idaho cheaper to rent in?

New Mexico has lower average rents. A 2-bedroom averages $983/mo, which is $0 less per month than Idaho (0% cheaper).

Which state has better tenant protections, New Mexico or Idaho?

New Mexico has stronger tenant rights with a score of 5/10 compared to 3/10.

What is the income difference between New Mexico and Idaho?

New Mexico median income: $58,909. Idaho median income: $57,052. Difference: $1,857/year.

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