City Report · NM

Roswell

Pop. 47,638·14th most expensive in New Mexico·Roswell rents are up 8.7% over the past year
Median rent (all units)
$1,263/mo
Year-over-Year
+8.7%
Month-over-Month
+0.9%
vs US Median
-$669
Reported rents
Rising (Monthly)
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Most AffordableMost Expensive
Roswell · $1,263
More affordable than 90% of US cities · National median $1,932/mo
Rent Reality Score
44/100
Fairly priced
OverheatedFairGreat value

Rents are 3% above what Roswell's 10-year trend predicts — running hotter than its own history.

Actual rent
$1,263/mo
Expected by trend
$1,224/mo
The Rent Reality Score compares today's median rent to where Roswell's own long-run trajectory projects it should be. See the full rankings →
Medians by bedroom

Rent by unit size

Studio
$750
1 BR
$800
2 BR
$1,030
3 BR
$1,330
4 BR+
$1,530
Fair Market Rent (HUD)
$1,030/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $1,263 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: October 17, 2026

From the history

What the numbers show

Compared with the peak

Rent in Roswell is at its highest level since Zillow's records here began in May 2022.

Past year vs. the rest of New Mexico

Rent in Roswell changed +8.7% over the year to September 2026. Across the 12 New Mexico cities Zillow tracks, the typical change was +4.1%.

Recent direction

Rent has risen 8 months in a row, and rose in 10 of the last 12 months.

What a typical income covers

30% of the median household income ($51,583) is $1,290 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($1,030); a 3-bedroom is $1,330.

From Zillow's monthly rent index (ZORI) for Roswell. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$15,156/yr
At $1,263/mo median
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 8.7% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+8.7% YoY, +0.9% MoM), not inventory.
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Demographics

Who lives here

Roswell, NM is majority owner-occupied, has a median income below the national average, 18.6% of residents hold a bachelor's degree or higher.

Population
47,638
Median income
$51,583
Median age
37.1
Renters
31.4%
Age distribution
24.7%
23.2%
24.5%
16%
Under 1824.7%
18–3423.2%
35–5424.5%
55–6411.6%
65+16%
Gender
49.6%
50.4%
Male49.6%
Female50.4%
Race & ethnicity
52.3%
60.7%
White52.3%
Black1.9%
Hispanic60.7%
Asian2%
Education (25+)
18.9%
29.3%
33.2%
18.6%
No HS diploma18.9%
HS diploma29.3%
Some college33.2%
Bachelor's+18.6%
Housing tenure
68.6%
31.4%
Owner68.6%
Renter31.4%

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

2023 vs 2026

How Roswell, NM has changed in 5 years

Rent
$1,106 → $1,263
up 14.2%
Income
$46,034 → $51,583
up 12.1%
Population
48,347 → 47,638
down 1.5%
Renter share
36.5% → 31.4%
-5.1 pts
Bachelor's+
17.8% → 18.6%
+0.8 pts
Median age
35.3 → 37.1
+1.8 yrs

The median rent in Roswell, NM stood at $1,106 in 2023 and currently runs about $1,263, reflecting a 14.2% increase over the period. On the earnings side, the typical household in Roswell, NM now reports about $51,583, up from $46,034 in 2021. The population has contracted by 1.5% since 2021, moving from about 48,347 residents to roughly 47,638. Renters now make up 31.4% of households, compared with 36.5% five years ago. For context, the 2023 to 2026 window covers an unusually volatile run for US rents nationally, and Roswell, NM reflects that arc in its own way.

Community

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

Can you afford rent in Roswell on your salary?

At $1,263/mo, how Roswell rent compares to typical pay (30% rule).

By apartment size

Roswell rent by bedroom count

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

Local insights

Tips for renters in Roswell

About renting in Roswell, NM

Last updated: October 17, 2026

The median rent in Roswell is $1,263/mo as of October 2026. A studio apartment averages $750/mo while a 2-bedroom runs $1,030/mo. One-bedroom apartments average $800/mo and 3-bedroom units go for $1,330/mo.

At 29% of local median household income ($51,583/yr), Roswell ranks as affordable compared to the national benchmark of 30%. Rents have increased 8.7% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in Roswell?

To keep rent at or below 30% of gross income, you would need to earn at least $51,000/year (about $25/hour full-time) to afford the median rent of $1,263/mo in Roswell. The local median household income is $51,583/yr, so the typical household meets that bar.

Is rent going up or down in Roswell?

Rent in Roswell has risen 8.7% over the past year as of September 2026. That is the highest level since Zillow's records here began in May 2022.

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

Roswell is one of the more affordable among New Mexico cities for rent, ranking #14 of 15 tracked cities at $1,263/mo. Over the year to September 2026, rent in Roswell changed +8.7%, against a typical +4.1% across the 12 New Mexico cities Zillow tracks.

Which nearby cities are cheaper to rent in than Roswell?

Nearby cities with lower median rent than Roswell ($1,263/mo) include Portales ($1,008/mo).
Income Affordability
29%
AFFORDABLE

At $1,263/mo, rent takes ~29% of Roswell's median household income ($51,583/yr). The standard benchmark is 30%.

Roswell 29%Benchmark 30%
State income tax1.7–5.9%
Run the Roswell affordability calculator →
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Roswell, NM

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