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City Report · NM

Artesia

Pop. 12,576·2nd most expensive in New Mexico·One of the pricier rental markets in the US
Median rent (all units)
$2,583/mo
Year-over-Year
Stable
Month-over-Month
-7.8%
vs US Median
+$618
Falling (Monthly)
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Most AffordableMost Expensive
Artesia · $2,583
More expensive than 82% of US cities · National median $1,965/mo
Affordability
41% of income
STRETCHED
0%30% benchmark60%+

At $2,583/mo, rent takes about 41% of the local median household income, well above the 30% benchmark.

Income to afford
$103,000/yr
Local median income
$74,915/yr
Based on the 30%-of-income rule using Artesia's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

Studio
$720
1 BR
$880
2 BR
$980
3 BR
$1,380
4 BR+
$1,490
Research median
$980/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: June 22, 2026

Annual cost
$30,996/yr
At $2,583/mo median
Rent Market Meter
Strong Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are down 0.0% year-over-year. Push hard on price, concessions, and lease terms.
Based on rent-price momentum (+0.0% YoY, -7.8% MoM), not inventory.
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Demographics

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.

Population
12,576
Median income
$74,915
Median age
30.7
Renters
35.4%
Age distribution
31.3%
25.6%
24.6%
Under 1831.3%
18–3425.6%
35–5424.6%
55–648.9%
65+9.6%
Gender
49.6%
50.4%
Male49.6%
Female50.4%
Race & ethnicity
55.1%
64.8%
White55.1%
Hispanic64.8%
Asian0.7%
Education (25+)
16.8%
20.8%
42.5%
19.9%
No HS diploma16.8%
HS diploma20.8%
Some college42.5%
Bachelor's+19.9%
Housing tenure
64.6%
35.4%
Owner64.6%
Renter35.4%

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

2021 vs 2026

How Artesia, NM has changed in 5 years

Income
$61,582 → $74,915
up 21.7%
Population
12,637 → 12,576
down 0.5%
Renter share
41.8% → 35.4%
-6.4 pts
Bachelor's+
17.5% → 19.9%
+2.4 pts
Median age
32.8 → 30.7
-2.1 yrs

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.

Community

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

Can you afford rent in Artesia on your salary?

At $2,583/mo, how Artesia rent compares to typical pay (30% rule).

By apartment size

Artesia rent by bedroom count

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

Local insights

Tips for renters in Artesia

About renting in Artesia, NM

Last updated: June 22, 2026

The median rent in Artesia is $2,583/mo as of June 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 41% of local median household income ($74,915/yr), Artesia ranks as moderate compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

Is Artesia an affordable city for renters?

Artesia is considered stretched for renters. At $2,583/mo, rent takes approximately 41% of the local median household income ($74,915/yr). The standard benchmark is 30%. Artesia significantly exceeds that threshold, making it challenging for many renters.

How much income do you need to rent in Artesia?

To keep rent at or below 30% of gross income, you would need to earn at least $103,000/year (~$50/hour full-time) to afford the median rent of $2,583/mo in Artesia. The local median household income is $74,915/yr, meaning the typical Artesia household falls short of that threshold.

Is rent going up or down in Artesia?

Rent in Artesia has been relatively stable over the past year, with a 0.0% change year over year as of June 2026.

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

Artesia is one of the pricier cities in New Mexico for rent, ranking #2 out of 16 tracked cities at $2,583/mo.

Which nearby cities are cheaper to rent in than Artesia?

Several nearby cities have lower median rents than Artesia ($2,583/mo): Portales ($862/mo), Roswell ($1,399/mo), Hobbs ($1,497/mo).

What percentage of Artesia residents rent vs. own?

According to Census data, approximately 35.4% of Artesia households are renters, while 64.6% are owner-occupied. Artesia leans toward homeownership, which can mean a smaller rental inventory.

How does Artesia rent compare to the national average?

Artesia's median rent of $2,583/mo is $618 (31%) above the US national median of $1,965/mo. Within New Mexico, it ranks #2 out of 16 tracked cities.
Income Affordability
41%
STRETCHED

At $2,583/mo, rent takes ~41% of Artesia's median household income ($74,915/yr). The standard benchmark is 30%.

Artesia 41%Benchmark 30%
State income tax1.7–5.9%
Run the Artesia affordability calculator →
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Artesia, NM

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