Housing in Sandoval County

The inside story on rent prices
Source: US Census Bureau - ACS 5 Yr 2024

Both Census and HUD figures represent gross rent — contract rent plus estimated utility costs for electricity, heat, water, and sewer.

Rent in Sandoval County averages $1,427/month for a 2‑bedroom in 2024, compared to the New Mexico median of $1,067 and the national median of $1,413. Local renters spend approximately 28% of household income on rent, below the national average of 32%.

HUD 2026 50th Percentile Rent Estimates for Sandoval County FMR Area are $1,096 for a studio, $1,287 for 1‑bedroom, $1,590 for 2‑bedroom, $2,211 for 3‑bedroom, and $2,605 for 4‑bedroom.

HUD 2026 Rent Estimates reflect market movement since 2024 Census data — a $163 increase for a 2-bedroom in Sandoval County shows a 11% rise over that period.

The U.S. Bureau of Labor Statistics annual unemployment rate for Sandoval County was 3.9% in 2024, compared to New Mexico at 4.1% and the national rate of 4.0%.

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Towns near Cochiti Lake

City
County
State
Miles
Sandoval
NM
0.0
Sandoval
NM
3.6
Sandoval
NM
9.5
Sandoval
NM
10.1
Sandoval
NM
21.0
Sandoval
NM
26.0
Sandoval
NM
27.0
Sandoval
NM
30.5
Sandoval
NM
31.0
Sandoval
NM
32.0
Sandoval
NM
33.5
Sandoval
NM
33.7
Sandoval
NM
44.7
Los Alamos
NM
48.6
Sandoval
NM
62.1
Sandoval
NM
62.6

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