Can A Licensed Practical Nurse Afford Rent in Santa Fe, NM?

Rent-burdened — rent takes 42.4% of gross income.

Santa Fe rent: June 2026. Salary: BLS OEWS May 2024 (New Mexico state estimate).

Santa Fe median rent
$1,932/mo
Licensed Practical Nurse salary (New Mexico)
$54,711/yr
Rent as % of income
42.4%
Gross monthly income works out to about $4,559, and the 30% rule supports up to $1,368/mo in rent. Santa Fe's median rent of $1,932 exceeds that threshold by $564/mo, putting a licensed practical nurse salary into the rent-burdened range here. A licensed practical nurse works roughly 73.5 hours a month to cover that rent.

About rent and a licensed practical nurse salary

LPN pay sits modestly above the US median household income and covers comfortable rent in most lower- and mid-cost metros. At the national-average LPN salary, the 30% rule supports about $1,520 a month in rent. The per-city pages show which markets stay in range.

Cheaper rent nearby

These New Mexico cities have lower median rent than Santa Fe, which improves the affordability math on a licensed practical nurse salary:

Los Lunas, NM
$1,928/mo (42.3% of income)
Rio Rancho, NM
$1,902/mo (41.7% of income)
Rio Rancho, NM
$1,895/mo (41.6% of income)

Compare with full rent data for Santa Fe

View full rent data for Santa Fe, NM

Frequently asked questions

Can a licensed practical nurse afford rent in Santa Fe, NM?

Median rent in Santa Fe is $1,932 a month. A typical licensed practical nurse in New Mexico earns about $54,711 a year, which makes that rent 42.4% of gross monthly income. Under the 30% rule, the answer is no — rent exceeds the 30% threshold.

How much rent can a licensed practical nurse afford in Santa Fe?

Using the 30% rule, a licensed practical nurse salary in New Mexico (~$54,711/yr) supports up to $1,368 a month in rent. Santa Fe's current median rent is $1,932/mo, which is $564/mo over the affordability threshold.

How many hours does a licensed practical nurse work to cover rent in Santa Fe?

At an hourly equivalent of about $26 an hour, a licensed practical nurse in New Mexico works roughly 73.5 hours a month to cover Santa Fe's median rent of $1,932.

Where is rent cheaper than Santa Fe for a licensed practical nurse?

Nearby New Mexico cities with lower median rent include Los Lunas ($1,928/mo), Rio Rancho ($1,902/mo), Rio Rancho ($1,895/mo). Each shifts the affordability math materially on a licensed practical nurse salary.

Methodology: Salary uses the BLS-derived New Mexico state estimate from OEWS May 2024. Rent is the most recent ZORI monthly value for Santa Fe, NM. Affordability applies the 30% rule (rent ≤ 30% of gross income). Real take-home varies with taxes, household composition, overtime, tips, and benefits.