Can A Registered Nurse Afford Rent in Santa Teresa, NM?

Comfortably affordable — rent takes 22.6% of gross income.

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

Santa Teresa median rent
$1,598/mo
Registered Nurse salary (New Mexico)
$85,032/yr
Rent as % of income
22.6%
Gross monthly income works out to about $7,086, and the 30% rule supports up to $2,126/mo in rent. Santa Teresa's median rent of $1,598 leaves roughly $528/mo of headroom under that threshold. A registered nurse works roughly 39.1 hours a month to cover that rent.

About rent and a registered nurse salary

Rent is the single largest fixed cost most renters carry, and the rent-to-income ratio is the simplest measure of whether a city is livable on a given salary. For renters earning a typical registered-nurse income, the 30% rule supports about $2,360 a month in rent. That margin covers comfortable one-bedroom rent in the vast majority of US metros but tightens significantly in the highest-rent coastal cities, where rent can claim 40% or more of an RN paycheck. The per-city pages below show the local rent, the local nurse-pay estimate, and where that combination sits on the affordability scale.

Cheaper rent nearby

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

Carlsbad, NM
$1,578/mo (22.3% of income)
Carlsbad, NM
$1,568/mo (22.1% of income)
Carlsbad, NM
$1,556/mo (22% of income)

Compare with full rent data for Santa Teresa

View full rent data for Santa Teresa, NM

Frequently asked questions

Can a registered nurse afford rent in Santa Teresa, NM?

Median rent in Santa Teresa is $1,598 a month. A typical registered nurse in New Mexico earns about $85,032 a year, which makes that rent 22.6% of gross monthly income. Under the 30% rule, the answer is yes.

How much rent can a registered nurse afford in Santa Teresa?

Using the 30% rule, a registered nurse salary in New Mexico (~$85,032/yr) supports up to $2,126 a month in rent. Santa Teresa's current median rent is $1,598/mo, which leaves a $528/mo buffer.

How many hours does a registered nurse work to cover rent in Santa Teresa?

At an hourly equivalent of about $41 an hour, a registered nurse in New Mexico works roughly 39.1 hours a month to cover Santa Teresa's median rent of $1,598.

Where is rent cheaper than Santa Teresa for a registered nurse?

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 registered 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 Teresa, NM. Affordability applies the 30% rule (rent ≤ 30% of gross income). Real take-home varies with taxes, household composition, overtime, tips, and benefits.