Can A Physical Therapist Afford Rent in Santa Teresa, NM?

Comfortably affordable — rent takes 21.4% of gross income.

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

Santa Teresa median rent
$1,598/mo
Physical Therapist salary (New Mexico)
$89,739/yr
Rent as % of income
21.4%
Gross monthly income works out to about $7,478, and the 30% rule supports up to $2,243/mo in rent. Santa Teresa's median rent of $1,598 leaves roughly $645/mo of headroom under that threshold. A physical therapist works roughly 37 hours a month to cover that rent.

About rent and a physical therapist salary

Physical therapist pay covers comfortable rent across most US metros. At the national-average PT salary, the 30% rule supports about $2,493 a month in rent, which is above the median in most cities tracked here.

Cheaper rent nearby

These New Mexico cities have lower median rent than Santa Teresa, which improves the affordability math on a physical therapist salary:

Carlsbad, NM
$1,578/mo (21.1% of income)
Carlsbad, NM
$1,568/mo (21% of income)
Carlsbad, NM
$1,556/mo (20.8% of income)

Compare with full rent data for Santa Teresa

View full rent data for Santa Teresa, NM

Frequently asked questions

Can a physical therapist afford rent in Santa Teresa, NM?

Median rent in Santa Teresa is $1,598 a month. A typical physical therapist in New Mexico earns about $89,739 a year, which makes that rent 21.4% of gross monthly income. Under the 30% rule, the answer is yes.

How much rent can a physical therapist afford in Santa Teresa?

Using the 30% rule, a physical therapist salary in New Mexico (~$89,739/yr) supports up to $2,243 a month in rent. Santa Teresa's current median rent is $1,598/mo, which leaves a $645/mo buffer.

How many hours does a physical therapist work to cover rent in Santa Teresa?

At an hourly equivalent of about $43 an hour, a physical therapist in New Mexico works roughly 37 hours a month to cover Santa Teresa's median rent of $1,598.

Where is rent cheaper than Santa Teresa for a physical therapist?

Nearby New Mexico cities with lower median rent include Carlsbad ($1,578/mo), Carlsbad ($1,568/mo), Carlsbad ($1,556/mo). Each shifts the affordability math materially on a physical therapist 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 Teresa, NM. Affordability applies the 30% rule (rent ≤ 30% of gross income). Real take-home varies with taxes, household composition, overtime, tips, and benefits.