Ranked from ACS 2023 5-Year
Highest Rents in New Mexico
Median gross rent by county, which includes rent plus the utilities the tenant pays. Comparing it against the monthly cost to own is the honest version of the rent-versus-buy question.
Where does yours land?
Every county in America is somewhere on this scale, including the one you live in.
New Mexico ranked
| # | County | Median rent | Monthly to own | Median home |
|---|---|---|---|---|
| 1 | Sandoval County | $1,408 | $2,218 | $282,300 |
| 2 | Santa Fe County | $1,318 | $3,105 | $416,900 |
| 3 | Los Alamos County | $1,308 | $3,380 | $452,500 |
| 4 | Eddy County | $1,183 | $1,574 | $199,400 |
| 5 | Lea County | $1,119 | $1,405 | $176,000 |
| 6 | Bernalillo County | $1,087 | $2,160 | $268,500 |
| 7 | Taos County | $1,069 | $2,610 | $354,000 |
| 8 | Curry County | $987 | $1,311 | $160,800 |
| 9 | Valencia County | $970 | $1,654 | $206,800 |
| 10 | Otero County | $926 | $1,232 | $149,500 |
| 11 | San Juan County | $917 | $1,501 | $185,100 |
| 12 | Doña Ana County | $903 | $1,648 | $205,400 |
| 13 | Lincoln County | $883 | $1,671 | $212,200 |
| 14 | Roosevelt County | $863 | $1,122 | $136,000 |
| 15 | Torrance County | $845 | $1,189 | $145,100 |
| 16 | Chaves County | $838 | $1,187 | $141,900 |
| 17 | Grant County | $810 | $1,323 | $164,400 |
| 18 | McKinley County | $810 | $763 | $72,100 |
| 19 | Hidalgo County | $803 | $971 | $114,000 |
| 20 | Mora County | $785 | $1,019 | $119,900 |
| 21 | San Miguel County | $774 | $1,430 | $177,600 |
| 22 | Rio Arriba County | $760 | $1,783 | $230,900 |
| 23 | Quay County | $752 | $759 | $82,200 |
| 24 | Catron County | $740 | $1,357 | $171,800 |
| 25 | De Baca County | $727 | $1,283 | $158,000 |
| 26 | Cibola County | $724 | $1,048 | $120,000 |
| 27 | Colfax County | $704 | $1,315 | $161,000 |
| 28 | Harding County | $700 | $772 | $86,500 |
| 29 | Sierra County | $695 | $1,197 | $144,800 |
| 30 | Luna County | $685 | $971 | $112,500 |
| 31 | Socorro County | $653 | $1,186 | $143,200 |
| 32 | Union County | $650 | $1,136 | $135,900 |
| 33 | Guadalupe County | $515 | $929 | $107,200 |
Every figure is modelled on the county's own median home with 20% down at 7.03%. Property tax and electricity are county and state specific; homeowners insurance uses the NAIC average premium for that state, which ranges from 0.16% of home value in Hawaii to 1.16% in Oklahoma. Maintenance and water are national estimates. Full methodology.
Nationwide
Highest Rents across all 3,133 US counties · Every county in New Mexico