Special Interest
Housing in Chaves County
Both Census and HUD figures represent gross rent — contract rent plus estimated utility costs for electricity, heat, water, and sewer.
Rent in Chaves County averages $867/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 33% of household income on rent, above the national average of 32%.
HUD 2026 50th Percentile Rent Estimates for Chaves County FMR Area are $795 for a studio, $955 for 1‑bedroom, $1,153 for 2‑bedroom, $1,530 for 3‑bedroom, and $1,682 for 4‑bedroom.
HUD 2026 Rent Estimates reflect market movement since 2024 Census data — a $286 increase for a 2-bedroom in Chaves County shows a 33% rise over that period.
The U.S. Bureau of Labor Statistics annual unemployment rate for Chaves County was 4.1% in 2024, compared to New Mexico at 4.1% and the national rate of 4.0%.
