Ranked from ACS 2023 5-Year
Lowest Rents in New Mexico
Median gross rent by county, lowest first, including the utilities a tenant pays. Set these against the monthly cost to own the same county's median home: where the two are close, buying is not the stretch it looks like.
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 | Guadalupe County | $515 | $929 | $107,200 |
| 2 | Union County | $650 | $1,136 | $135,900 |
| 3 | Socorro County | $653 | $1,186 | $143,200 |
| 4 | Luna County | $685 | $971 | $112,500 |
| 5 | Sierra County | $695 | $1,197 | $144,800 |
| 6 | Harding County | $700 | $772 | $86,500 |
| 7 | Colfax County | $704 | $1,315 | $161,000 |
| 8 | Cibola County | $724 | $1,048 | $120,000 |
| 9 | De Baca County | $727 | $1,283 | $158,000 |
| 10 | Catron County | $740 | $1,357 | $171,800 |
| 11 | Quay County | $752 | $759 | $82,200 |
| 12 | Rio Arriba County | $760 | $1,783 | $230,900 |
| 13 | San Miguel County | $774 | $1,430 | $177,600 |
| 14 | Mora County | $785 | $1,019 | $119,900 |
| 15 | Hidalgo County | $803 | $971 | $114,000 |
| 16 | Grant County | $810 | $1,323 | $164,400 |
| 17 | McKinley County | $810 | $763 | $72,100 |
| 18 | Chaves County | $838 | $1,187 | $141,900 |
| 19 | Torrance County | $845 | $1,189 | $145,100 |
| 20 | Roosevelt County | $863 | $1,122 | $136,000 |
| 21 | Lincoln County | $883 | $1,671 | $212,200 |
| 22 | Doña Ana County | $903 | $1,648 | $205,400 |
| 23 | San Juan County | $917 | $1,501 | $185,100 |
| 24 | Otero County | $926 | $1,232 | $149,500 |
| 25 | Valencia County | $970 | $1,654 | $206,800 |
| 26 | Curry County | $987 | $1,311 | $160,800 |
| 27 | Taos County | $1,069 | $2,610 | $354,000 |
| 28 | Bernalillo County | $1,087 | $2,160 | $268,500 |
| 29 | Lea County | $1,119 | $1,405 | $176,000 |
| 30 | Eddy County | $1,183 | $1,574 | $199,400 |
| 31 | Los Alamos County | $1,308 | $3,380 | $452,500 |
| 32 | Santa Fe County | $1,318 | $3,105 | $416,900 |
| 33 | Sandoval County | $1,408 | $2,218 | $282,300 |
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
Lowest Rents across all 3,133 US counties · Every county in New Mexico