At $1,550/mo, rent takes about 25% of the local median household income, comfortably within the 30% benchmark.
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 $1,550 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
30% of the median household income ($74,915) is $1,873 a month. That covers HUD's Fair Market Rent for up to a 4-bedroom ($1,490).
From Zillow's monthly rent index (ZORI) for Artesia. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.
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Who lives here
Artesia, NM is majority owner-occupied, has a large share of families with children, 19.9% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How Artesia, NM has changed in 5 years
Median household income rose from $61,582 to $74,915 between 2021 and 2024, a 21.7% shift. Renters now make up 35.4% of households, compared with 41.8% five years ago. College-educated residents now make up 19.9% of adults here, versus 17.5% in 2021.
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Can you afford rent in Artesia on your salary?
At $1,550/mo, how Artesia rent compares to typical pay (30% rule).
Artesia rent by bedroom count
Median rent for each apartment size in Artesia. Click any size for full breakdown.
Tips for renters in Artesia
Last updated: October 17, 2026
The median rent in Artesia is $1,550/mo as of October 2026. A studio apartment averages $720/mo while a 2-bedroom runs $980/mo. One-bedroom apartments average $880/mo and 3-bedroom units go for $1,380/mo.
At 25% of local median household income ($74,915/yr), Artesia ranks as affordable compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.
Frequently asked questions
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Is rent going up or down in Artesia?
How does Artesia rent compare to other cities in New Mexico?
At $1,550/mo, rent takes ~25% of Artesia's median household income ($74,915/yr). The standard benchmark is 30%.
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Estimated from ZIP-level data
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