If you’re renting a home in New Mexico, it’s important to understand the state’s rules about rent increases. While New Mexico doesn’t have rent control laws, there are still guidelines landlords must follow when raising rent. Here’s what you need to know as of 2025.
Rent Increase Rules in New Mexico
No Statewide Rent Control
New Mexico does not have statewide rent control laws. This means landlords can set and increase rent without government-imposed limits. However, they must follow certain procedures when raising rent.
Notice Requirements
Month-to-Month Leases: Landlords must provide at least 30 days’ written notice before increasing rent. This notice must clearly state the new rent amount and the effective date of the increase.
Fixed-Term Leases: Rent cannot be increased during the term of a fixed lease unless the lease agreement specifically allows for it. Upon renewal, landlords can set a new rent amount, but they must provide proper notice.
Local Ordinances
While the state doesn’t regulate rent increases, some local municipalities may have their own rules. It’s important to check with your local government to see if any additional regulations apply in your area.
Tenant Rights and Protections
Even without rent control, tenants in New Mexico have certain rights:
Retaliation Protection: Landlords cannot increase rent or take other adverse actions in retaliation for tenants exercising their legal rights, such as filing complaints about unsafe living conditions.
Habitability Standards: Landlords must maintain rental properties in a safe and habitable condition. If issues arise, tenants have the right to request repairs.
Security Deposits: Landlords can charge a security deposit, but it must be reasonable and returned within a specified time after the lease ends, minus any lawful deductions.
Recent Legislative Efforts
In 2025, a bill was introduced in the New Mexico legislature to repeal the statewide prohibition on rent control. If passed, this would allow local governments to implement rent control measures. However, as of now, the bill has not been enacted into law .
While New Mexico doesn’t have rent control laws, landlords must still follow proper procedures when increasing rent. Tenants have rights and protections to ensure fair treatment. Stay informed about your rights and responsibilities to maintain a positive rental experience.
