Rent Affordability for An Elementary School Teacher in New Mexico

A typical elementary school teacher in New Mexico earns about $60,372 a year, which supports approximately $1,509 a month in rent under the 30% rule. Below, every tracked New Mexico city is ranked by how local rent compares against that affordability ceiling.

As of May 2026. 8 of 17 cities tracked stay within the 30% rule; 9 are rent-burdened on this salary.

CityMedian rent% of incomeAffordability
Portales, NM$860/mo17.1%very comfortable
Silver City, NM$1,225/mo24.3%affordable
Clovis, NM$1,229/mo24.4%affordable
Roswell, NM$1,326/mo26.4%affordable
Farmington, NM$1,343/mo26.7%affordable
Las Cruces, NM$1,434/mo28.5%affordable
Hobbs, NM$1,475/mo29.3%affordable
Albuquerque, NM$1,480/mo29.4%affordable
Alamogordo, NM$1,528/mo30.4%stretched
Carlsbad, NM$1,550/mo30.8%stretched
Santa Teresa, NM$1,623/mo32.3%stretched
Ruidoso, NM$1,700/mo33.8%stretched
Rio Rancho, NM$1,726/mo34.3%stretched
Santa Fe, NM$1,969/mo39.1%stretched
Los Lunas, NM$2,006/mo39.9%stretched
Artesia, NM$2,583/mo51.3%severely rent-burdened
Los Alamos, NM$2,692/mo53.5%severely rent-burdened
Methodology: Salary is the BLS-derived state estimate for New Mexico. Rent is the latest ZORI monthly value for each city. Affordability uses the 30% rule (rent ≤ 30% of gross income).