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City Report · NM

Alamogordo

Pop. 31,307·7th most expensive in New Mexico·Alamogordo rents are up 6.8% over the past year
Median rent (all units)
$1,562/mo
Year-over-Year
+6.8%
Month-over-Month
+1.0%
vs US Median
-$400
Rising (Monthly)
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Most AffordableMost Expensive
Alamogordo · $1,562
More affordable than 72% of US cities · National median $1,962/mo
Rent Reality Score
50/100
Fairly priced
OverheatedFairGreat value

Rents are right about where Alamogordo's 10-year trend predicts.

Actual rent
$1,562/mo
Expected by trend
$1,560/mo
The Rent Reality Score compares today's median rent to where Alamogordo's own long-run trajectory projects it should be. See the full rankings →
Medians by bedroom

Rent by unit size

Studio
$640
1 BR
$760
2 BR
$930
3 BR
$1,310
4 BR+
$1,580
Fair Market Rent (HUD)
$930/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $1,562 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 →

Rent trends

12-month history

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Last updated: August 17, 2026

Annual cost
$18,744/yr
At $1,562/mo median
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 6.8% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+6.8% YoY, +1.0% MoM), not inventory.
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Demographics

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.

Population
31,307
Median income
$55,952
Median age
37.1
Renters
38.4%
Age distribution
22.1%
25.7%
22.9%
19.1%
Under 1822.1%
18–3425.7%
35–5422.9%
55–6410.2%
65+19.1%
Gender
53.6%
46.4%
Male53.6%
Female46.4%
Race & ethnicity
63%
32.4%
White63%
Black5.8%
Hispanic32.4%
Asian2.5%
Education (25+)
27.1%
40.5%
25.5%
No HS diploma6.8%
HS diploma27.1%
Some college40.5%
Bachelor's+25.5%
Housing tenure
61.6%
38.4%
Owner61.6%
Renter38.4%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2023 vs 2026

How Alamogordo, NM has changed in 5 years

Rent
$1,319 → $1,562
up 18.4%
Income
$46,026 → $55,952
up 21.6%
Population
31,201 → 31,307
up 0.3%
Renter share
40.1% → 38.4%
-1.7 pts
Bachelor's+
22.7% → 25.5%
+2.8 pts
Median age
39 → 37.1
-1.9 yrs

Since 2023, the typical rent in Alamogordo, NM has climbed from $1,319 to $1,562, a 18.4% 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.

Community

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View Alamogordo rent history (2015–2026) →
Salary vs rent

Can you afford rent in Alamogordo on your salary?

At $1,562/mo, how Alamogordo rent compares to typical pay (30% rule).

By apartment size

Alamogordo rent by bedroom count

Median rent for each apartment size in Alamogordo. Click any size for full breakdown.

Local insights

Tips for renters in Alamogordo

About renting in Alamogordo, NM

Last updated: August 17, 2026

The median rent in Alamogordo is $1,562/mo as of August 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 34% of local median household income ($55,952/yr), Alamogordo ranks as moderate compared to the national benchmark of 30%. Rents have increased 6.8% over the past year.

FAQ

Frequently asked questions

Is Alamogordo an affordable city for renters?

Alamogordo is considered moderate for renters. At $1,562/mo, rent takes approximately 34% of the local median household income ($55,952/yr). The standard benchmark is 30%. Alamogordo slightly exceeds that threshold, so budgeting carefully matters here.

How much income do you need to rent in Alamogordo?

To keep rent at or below 30% of gross income, you would need to earn at least $62,000/year (~$30/hour full-time) to afford the median rent of $1,562/mo in Alamogordo. The local median household income is $55,952/yr, meaning the typical Alamogordo household falls short of that threshold.

Is rent going up or down in Alamogordo?

Rent in Alamogordo has increased 6.8% over the past year as of August 2026, putting upward pressure on renter budgets.

How does Alamogordo rent compare to other cities in New Mexico?

Alamogordo is middle-of-the-pack for New Mexico for rent, ranking #7 out of 15 tracked cities at $1,562/mo.

Which nearby cities are cheaper to rent in than Alamogordo?

Several nearby cities have lower median rents than Alamogordo ($1,562/mo): Las Cruces ($1,435/mo), El Paso ($1,529/mo).

What percentage of Alamogordo residents rent vs. own?

According to Census data, approximately 38.4% of Alamogordo households are renters, while 61.6% are owner-occupied. Alamogordo leans toward homeownership, which can mean a smaller rental inventory.

How does Alamogordo rent compare to the national average?

Alamogordo's median rent of $1,562/mo is $400 (20%) below the US national median of $1,962/mo. Within New Mexico, it ranks #7 out of 15 tracked cities.
Income Affordability
34%
MODERATE

At $1,562/mo, rent takes ~34% of Alamogordo's median household income ($55,952/yr). The standard benchmark is 30%.

Alamogordo 34%Benchmark 30%
State income tax1.7–5.9%
Run the Alamogordo affordability calculator →
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Neighborhoods

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Schools nearby

Public schools near Alamogordo, NM

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