Special Interest

Housing in Lea County

The inside story on rent prices
Source: US Census Bureau - ACS 5 Yr 2022

Almost half of renters in the United States pay 1/3 or more of their monthly income for rent (third column above). Compare that with rent in Lea County and New Mexico in the first two columns. The optimal rent to household income ratio is 25% to 28% or less. When you pay more than 30% of your income towards rent, your ability to pay for food, transportation, health care, education, and savings becomes increasingly difficult.
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How affordable is housing in Lea County?

Towns Near Hobbs

City
County
State
Miles
Lea
NM
0.0 mi.
Lea
NM
12.1 mi.
Lea
NM
19.6 mi.
Lea
NM
20.0 mi.
Lea
NM
35.1 mi.
Lea
NM
38.5 mi.
Lea
NM
42.3 mi.
Lea
NM
54.8 mi.
Lea
NM
57.1 mi.
Eddy
NM
63.7 mi.
Eddy
NM
65.8 mi.
Eddy
NM
67.7 mi.
Eddy
NM
71.7 mi.
Eddy
NM
74.2 mi.
Eddy
NM
92.8 mi.

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Hobbs, NM

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