Rent to own Homes in Portales, NM

Portales, NM is a great place for affordable rent-to-own homes! With a median household income of over $41,507 and a median rent of $738, the Portales, NM rent-to-own market is more affordable than the traditional housing market which has shown tremendous growth across the U.S. and with it, aggressive competition for home purchases. With the current housing shortage trend it can make it harder to become a homeowner, including in Portales, NM. This means higher than average down payments for homes and higher qualification standards for conventional home loans. With a rent-to-own property, tenants are also buyers. You can live in the house for a set amount of time before you purchase it, meaning that you get to know the house, your neighbors, and your community before making the final purchase. This enables you and your family to make the right choice based on both information and experience. Rent-to-own is also a great alternative way to get into a home if you have bad credit or don't have enough saved for a down payment.

Check out Portales, NM rent to own homes for sale, which may include auction properties, for sale by owner, and more.
Showing 1 - 44 of 139
New
248 NM HIGHWAY 267
Rent to Own Eligible
 
Single Family Home
Portales, NM 88130
3
2
1844 ft2
1979
309 W 21ST ST
Rent to Own Eligible
 
Single Family Home
Portales, NM 88130
3
2
1909 ft2
1995
1 of 3 609 E 17TH ST
Rent to Own Eligible
 
Single Family Home
Portales, NM 88130
3
3
2842 ft2
1993
163 YUCCA DR
Rent to Own Eligible
 
Single Family Home
Portales, NM 88130
2
2
1667 ft2
1973
321 S ROOSEVELT ROAD R
Rent to Own Eligible
 
Single Family Home
Portales, NM 88130
3
2
0 ft2
2021
567 NM HIGHWAY 88
Rent to Own Eligible
 
Single Family Home
Portales, NM 88130
3
2
1344 ft2
1 of 30 717 W 18TH ST
Rent to Own Eligible
 
Single Family Home
Clovis, NM 88101
3
2
1337 ft2
1960
3605 BEN CRENSHAW CT
Rent to Own Eligible
 
Single Family Home
Clovis, NM 88101
3
2
0 ft2
300 TALLGRASS LN
Rent to Own Eligible
 
Single Family Home
Clovis, NM 88101
4
3
0 ft2
1 of 10 716 Redwine Quincy
Rent To Own
 
Multifamily (2 - 4 Units)
Portales, NM 88130
3
1
1050 ft2
1986
42927 Us Highway 70
Rent To Own
 
Single Family Home
Portales, NM 88130
2
1
1244 ft2
1672 US 60 84
Rent To Own
 
Single Family Home
Clovis, NM 88101
4
3
2400 ft2
1950
1020 CHAMA ST
Rent To Own
 
Single Family Home
Clovis, NM 88101
3
2
2072 ft2
1961
913 E BRADY AVE
Rent To Own
 
Single Family Home
Clovis, NM 88101
3
1
1272 ft2
1946
314 E 8th St
Rent To Own
North Park
Single Family Home
Clovis, NM 88101
2
1
923 ft2
1937
925 W CHRISTOPHER DR
Rent To Own
 
Single Family Home
Clovis, NM 88101
3
2
2039 ft2
1960
1 of 34 1416 PIEDMONT DR
Rent To Own
 
Single Family Home
Clovis, NM 88101
3
3
2425 ft2
1961
1 of 26 2401 MILLER ST
Rent To Own
 
Single Family Home
Clovis, NM 88101
4
4
5651 ft2
1981
1 of 21 1817 FAIRWAY TER
Rent To Own
 
Single Family Home
Clovis, NM 88101
4
3
2400 ft2
1974
1 of 29 2605 COBBLESTONE CIR
Rent To Own
 
Single Family Home
Clovis, NM 88101
3
2
1858 ft2
2011
604 3RD ST
Rent To Own
 
Single Family Home
Farwell, TX 79325
2
1
1160 ft2
1945
1914 NM HIGHWAY 236
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Portales, NM 88130
2
1
1140 ft2
1968
1100 S MAIN AVE
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Portales, NM 88130
3
3
2148 ft2
2010
1802 W UNIVERSITY DR
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Portales, NM 88130
3
2
1376 ft2
2009
1 of 18 417 MONTICELLO PARKWAY DR
Auction
 
Single Family Home
Portales, NM 88130
1
1
1178 ft2
1988
1800 W UNIVERSITY DR
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Portales, NM 88130
4
2
1660 ft2
2009
New
366 NM HIGHWAY 267
Auction
 
Single Family Home
Portales, NM 88130
3
2
2223 ft2
1947
New
1 of 5 3017 SHERIDAN ST
REO Foreclosure
 
Single Family Home
Clovis, NM 88101
3
1
1026 ft2
1 of 5 1313 N EDWARDS ST
Auction
Marshall Heights
Single Family Home
Clovis, NM 88101
3
1
993 ft2
1212 E GRAND AVE
Auction
Clovis Place
Single Family Home
Clovis, NM 88101
2
1
576 ft2
1 of 9 108 PRAIRIEVIEW DR
REO Foreclosure
 
Single Family Home
Clovis, NM 88101
3
2
1240 ft2
New
1 of 5 121 PARK DR
Auction
 
Single Family Home
Clovis, NM 88101
2
1
950 ft2
1 of 34 1429 PIEDMONT DR
REO Foreclosure
 
Single Family Home
Clovis, NM 88101
3
2
2493 ft2
New
8051 NM HIGHWAY 206
Rent to Own Eligible
 
Single Family Home
Portales, NM 88130
0
0
1600 ft2
2006
New
1 of 17 1504 S GLOBE AVE
Rent to Own Eligible
 
Single Family Home
Portales, NM 88130
0
0
3593 ft2
1954
New
1 of 28 1611 S ABILENE AVE
Rent to Own Eligible
 
Single Family Home
Portales, NM 88130
0
2
1540 ft2
2001 W BEECH ST
Rent to Own Eligible
 
Single Family Home
Portales, NM 88130
0
0
1746 ft2
2004
1228 E 3RD ST
Rent to Own Eligible
 
Single Family Home
Portales, NM 88130
0
0
1281 ft2
1991
Hot
124 YUCCA DR
Rent to Own Eligible
 
Single Family Home
Portales, NM 88130
0
0
2399 ft2
New
311 N LAREDO AVE
Rent to Own Eligible
 
Single Family Home
Portales, NM 88130
0
1
1336 ft2
1982
7776 NM HIGHWAY 206
Rent to Own Eligible
 
Single Family Home
Portales, NM 88130
0
0
2668 ft2
1999
550 S ROOSEVELT RD N #1/2
Rent to Own Eligible
 
Single Family Home
Portales, NM 88130
0
0
528 ft2
1997
3832 SUMAC TRL
Rent to Own Eligible
 
Single Family Home
Clovis, NM 88101
0
0
0 ft2
13 Jill St
Rent to Own Eligible
 
Single Family Home
Clovis, NM 88101
0
0
0 ft2
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Buying a Home in Portales, NM

Portales, NM is seeing rapid growth and Portales, NM's' housing market remains optimal with an average home price that is -46% below the 2024 national average. Portales, NM is part of Roosevelt county and taxes are an important factor to consider when purchasing a home whether through rent to own or a traditional purchase. The average tax rate as of 2024 for county Roosevelt is 0.42% which is below the national average, which is 0.99%.

Median Home Price in Portales, NM

Median Rent in Portales, NM

Rent to own homes offer low monthly payments and flexible terms.