Special Interest
Housing in San Miguel County
Both Census and HUD figures represent gross rent — contract rent plus estimated utility costs for electricity, heat, water, and sewer.
Rent in San Miguel County averages $823/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 54% of household income on rent, above the national average of 32%.
HUD 2026 50th Percentile Rent Estimates for San Miguel County FMR Area are $831 for a studio, $976 for 1‑bedroom, $1,070 for 2‑bedroom, $1,488 for 3‑bedroom, and $1,726 for 4‑bedroom.
HUD 2026 Rent Estimates reflect market movement since 2024 Census data — a $247 increase for a 2-bedroom in San Miguel County shows a 30% rise over that period.
The U.S. Bureau of Labor Statistics annual unemployment rate for San Miguel County was 4.8% in 2024, compared to New Mexico at 4.1% and the national rate of 4.0%.
