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. 7 of 17 cities tracked stay within the 30% rule; 10 are rent-burdened on this salary.

City↕Median rent↕% of income↑Affordability
Portales, NM$1,008/mo20%affordable
Roswell, NM$1,263/mo25.1%affordable
Clovis, NM$1,315/mo26.1%affordable
Silver City, NM$1,371/mo27.3%affordable
Las Cruces, NM$1,439/mo28.6%affordable
Albuquerque, NM$1,452/mo28.9%affordable
Hobbs, NM$1,484/mo29.5%affordable
Farmington, NM$1,535/mo30.5%stretched
Alamogordo, NM$1,533/mo30.5%stretched
Artesia, NM$1,550/mo30.8%stretched
Carlsbad, NM$1,596/mo31.7%stretched
Santa Teresa, NM$1,684/mo33.5%stretched
Ruidoso, NM$1,700/mo33.8%stretched
Rio Rancho, NM$1,867/mo37.1%stretched
Santa Fe, NM$1,956/mo38.9%stretched
Los Lunas, NM$2,040/mo40.5%rent-burdened
Los Alamos, NM$2,554/mo50.8%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).