Most rent-burdened cities in New Mexico
Cities in New Mexico ranked by highest rent as a percentage of median household income. Cities with 15,000+ residents.
Key findings
- Los Lunas ranks first, with rent at 39.3% of median household income.
- Across all 11 cities on this list, the median rent is $1,533/mo.
Data as of September 2026. Twelve months of median rent as a share of Census median household income (5-year estimates). Updated monthly. Download this list (CSV)
Best value (RRS)Overheated (RRS)Most affordableMost expensiveRent fallingRent risingBest rent/incomeMost rent-burdenedRecord-high rentSeasonal swingsRent vs. income
11 cities
| Rank | City | Rent/income | Median rent | Income | Vs. a year ago |
|---|---|---|---|---|---|
| 01 | Los LunasNM | 39.3% | $2,040/mo | $62,330 | same |
| 02 | AlamogordoNM | 32.9% | $1,533/mo | $55,952 | ↑1 from #3 |
| 03 | Santa FeNM | 31.9% | $1,956/mo | $73,482 | ↓1 from #2 |
| 04 | Las CrucesNM | 31.2% | $1,439/mo | $55,422 | same |
| 05 | RoswellNM | 29.4% | $1,263/mo | $51,583 | ↑1 from #6 |
| 06 | ClovisNM | 28.8% | $1,315/mo | $54,820 | ↓1 from #5 |
| 07 | HobbsNM | 27.8% | $1,484/mo | $64,021 | ↑1 from #8 |
| 08 | FarmingtonNM | 26.8% | $1,535/mo | $68,784 | ↓1 from #7 |
| 09 | CarlsbadNM | 26.5% | $1,596/mo | $72,306 | -- |
| 10 | AlbuquerqueNM | 25.5% | $1,452/mo | $68,317 | ↓1 from #9 |
| 11 | Rio RanchoNM | 25.0% | $1,867/mo | $89,596 | ↓1 from #10 |