New Mexico Affordable Communities to Rent

Legend for Rent/Income ratios
*Low Vacancy 28% or less 29-30% 31‑32% 33‑34% 35% or more

2022 Median Rent to Income by Communities in New Mexico

We have organized the results by most affordable communities regardless of size. You can compare the cost of living along with availability of housing and employment in each community. Conditions may change in the economy and housing market of a local community since the census data we use is from the latest five year community survey from 2022. Use the information for ideas on where to look and investigate further for communities in New Mexico that maybe of interest to you. We are showing you monthly figures for median rent to renters median household income.
*We do not display counties where the vacancy rate is below 1.5% or in very few cases where renter household income is not available.

2022 United States Median Rent

LocationMonthly RentHousehold IncomeRent / IncomeVacancy**2022 Unemployment
United States$1,268$4,07031.2%5.5%3.6%
Source: US Census Bureau - ACS 5 Yr 2022
**Bureau of Labor Statistics - Annual Unemployment Average for 2022

2022 New Mexico Median Rent

LocationMonthly RentHousehold IncomeRent / IncomeVacancy**2022 Unemployment
New Mexico$966$3,11731.0%6.7%4.0%
Source: US Census Bureau - ACS 5 Yr 2022
**Bureau of Labor Statistics - Annual Unemployment Average for 2022

Communities in New Mexico

RankStateCountyPopulation Monthly RentHousehold
Income
Rent /
Income
Vacancy**2022
Unemployment
1NMLos Alamos19,253$1,235$7,99715.4%2.4%2.2%
2NMGuadalupe4,413$412$2,02920.3%7.2%5.6%
3NMEddy61,264$1,095$4,96422.1%9.6%3.3%
4NMMora4,208$560$2,45822.8%7.1%5.5%
5NMUnion4,074$587$2,54823.0%5.4%2.9%
6NMRoosevelt19,142$795$3,44823.1%14.1%3.8%
7NMMcKinley72,073$806$3,40023.7%2.4%5.7%
8NMRio Arriba40,285$704$2,84924.7%5.3%4.3%
9NMCibola27,211$753$2,99425.2%6.4%5.5%
10NMColfax12,370$656$2,44726.8%10.3%3.9%
11NMCurry48,327$956$3,54427.0%4.8%3.2%
12NMOtero67,850$882$3,21427.4%7.6%4.1%
13NMQuay8,641$710$2,51928.2%8.6%4.3%
14NMSan Juan121,798$894$3,06729.1%9.1%4.6%
15NMChaves64,701$850$2,88129.5%6.4%4.2%
16NMLuna25,393$572$1,93129.6%3.3%9.9%
17NMLea73,103$1,031$3,48229.6%8.3%4.4%
18NMTaos34,475$982$3,30429.7%18.9%4.9%
19NMSierra11,506$729$2,41430.2%13.4%5.9%
20NMTorrance15,203$731$2,40330.4%2.9%5.4%
21NMSandoval149,460$1,280$4,16230.8%8.3%3.8%
22NMBernalillo674,692$1,017$3,25631.2%5.9%3.6%
23NMValencia76,613$873$2,75531.7%5.9%4.3%
24NMSanta Fe154,481$1,252$3,92331.9%4.9%3.6%
25NMSocorro16,453$702$2,06833.9%13.2%4.3%
26NMHidalgo4,160$668$1,88935.4%9.2%3.4%
27NMDoña Ana219,870$858$2,30437.2%5.6%4.4%
28NMSan Miguel27,215$727$1,90438.2%7.0%4.9%
29NMGrant28,006$802$2,10038.2%6.8%4.1%
30NMLincoln20,222$831$1,89843.8%25.7%4.0%
Source: US Census Bureau - ACS 5 Yr 2022
**Bureau of Labor Statistics - Annual Unemployment Average for 2022

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