Special Interest

Housing in Socorro 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 Socorro 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 Socorro County?

Towns Near Magdalena

City
County
State
Miles
Cibola
NM
0.0 mi.
Cibola
NM
3.2 mi.
Cibola
NM
3.8 mi.
Cibola
NM
6.9 mi.
Cibola
NM
19.8 mi.
Cibola
NM
24.0 mi.
Cibola
NM
36.2 mi.
Cibola
NM
54.0 mi.
Catron
NM
61.1 mi.
Catron
NM
73.7 mi.
Socorro
NM
75.1 mi.
Socorro
NM
76.6 mi.
Socorro
NM
76.9 mi.
Catron
NM
77.4 mi.
Socorro
NM
80.7 mi.
Socorro
NM
81.4 mi.
Socorro
NM
84.5 mi.
Catron
NM
88.8 mi.
Socorro
NM
90.9 mi.
Catron
NM
92.8 mi.
Socorro
NM
105.9 mi.
Catron
NM
111.6 mi.
Socorro
NM
129.6 mi.
Catron
NM
134.8 mi.

Renter Qualifications

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About Magdalena

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Magdalena NM weather

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Magdalena, NM

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4:44 am - Feb 21, 2024 (MST)

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