Rents are 2% below what Alamogordo's 10-year trend predicts — a better deal than its own history suggests.
Rent by unit size
These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $1,533 market median above, and that is expected: FMR is the 40th percentile of standard-quality units and counts gross rent, so it includes essential utilities such as electricity, water, gas, sewer, and trash. The market median is asking rent, which usually excludes utilities. HUD sets FMR once a year; market rent here updates monthly.
Source: HUD Small Area Fair Market Rents. Read the methodology →
12-month history
Last updated: October 17, 2026
What the numbers show
Rent in Alamogordo is at its highest level since Zillow's records here began in March 2023.
Rent in Alamogordo changed +4.9% over the year to September 2026. Across the 12 New Mexico cities Zillow tracks, the typical change was +4.1%.
Rent has risen 4 months in a row, and rose in 8 of the last 12 months.
30% of the median household income ($55,952) is $1,399 a month. That covers HUD's Fair Market Rent for up to a 3-bedroom ($1,310); a 4-bedroom is $1,580.
From Zillow's monthly rent index (ZORI) for Alamogordo. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.
Is your rent fair?
Compare your rent to the local median.
Who lives here
Alamogordo, NM is majority owner-occupied, has a median income below the national average, 25.5% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How Alamogordo, NM has changed in 5 years
Since 2023, the typical rent in Alamogordo, NM has climbed from $1,303 to $1,533, a 17.7% change over five years. Census figures show median household income at $55,952 today, compared with $46,026 five years earlier. On paper, paychecks moved up faster than rent, which softens the affordability squeeze versus the 2021 baseline. Renters now make up 38.4% of households, compared with 40.1% five years ago. College-educated residents now make up 25.5% of adults here, versus 22.7% in 2021. The combined trend lines point to a market that has changed measurably from where it stood in early 2023.
Discussions about Alamogordo
No discussions yet. Start the conversation.
Can you afford rent in Alamogordo on your salary?
At $1,533/mo, how Alamogordo rent compares to typical pay (30% rule).
Alamogordo rent by bedroom count
Median rent for each apartment size in Alamogordo. Click any size for full breakdown.
Tips for renters in Alamogordo
Last updated: October 17, 2026
The median rent in Alamogordo is $1,533/mo as of October 2026. A studio apartment averages $640/mo while a 2-bedroom runs $930/mo. One-bedroom apartments average $760/mo and 3-bedroom units go for $1,310/mo.
At 33% of local median household income ($55,952/yr), Alamogordo ranks as moderate compared to the national benchmark of 30%. Rents have increased 4.9% over the past year.
Frequently asked questions
How much income do you need to rent in Alamogordo?
Is rent going up or down in Alamogordo?
How does Alamogordo rent compare to other cities in New Mexico?
Which nearby cities are cheaper to rent in than Alamogordo?
At $1,533/mo, rent takes ~33% of Alamogordo's median household income ($55,952/yr). The standard benchmark is 30%.
How does this area stack up?
Pick another city or ZIP to compare.
Estimated from ZIP-level data
Be the first to submit your rent for Alamogordo.
No discussions yet.