Counties with the most renters in New Mexico

Written by:
February 24, 2021
Billy Hathorn // Wikimedia Commons

Counties with the most renters in New Mexico

All cities are made up of a mix of homeowners and renters, with 58.6% of Americans owning their own homes and 30.4% rending in the fourth quarter of 2020, according to the American Census Bureau. In cities, there tend to be higher rates of renters due to high property values and influxes of young people who flock to urban areas after college to enter the workforce.

Stacker compiled a list of the counties with most renters in New Mexico using data from the U.S. Census Bureau. Counties are ranked by percent of housing units occupied by renters as of 2019 5-year estimates. Keep reading to see if your county made the list.

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Drmccreedy // Wikimedia Commons

#30. Valencia County

- Housing units occupied by renters: 18.5%
- 2019 median gross rent: $876 (+15.9% change in rent since 2015)
--- #6 highest rent among counties in New Mexico, #689 among all counties nationwide
- Renters paying over 35% of household income: 34.3%
--- #19 most common among counties in New Mexico, #1,726 among all counties nationwide
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Gestalt Imagery // Shutterstock

#29. Lincoln County

- Housing units occupied by renters: 19.4%
- 2019 median gross rent: $697 (-7.8% change in rent since 2015)
--- #19 highest rent among counties in New Mexico, #1,733 among all counties nationwide
- Renters paying over 35% of household income: 36.8%
--- #16 most common among counties in New Mexico, #1,340 among all counties nationwide
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#28. Sandoval County

- Housing units occupied by renters: 21.4%
- 2019 median gross rent: $1,117 (+9.3% change in rent since 2015)
--- #1 highest rent among counties in New Mexico, #256 among all counties nationwide
- Renters paying over 35% of household income: 43.6%
--- #7 most common among counties in New Mexico, #447 among all counties nationwide
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Carptrash // Wikimedia Commons

#27. Rio Arriba County

- Housing units occupied by renters: 23.1%
- 2019 median gross rent: $623 (-1.7% change in rent since 2015)
--- #26 highest rent among counties in New Mexico, #2,445 among all counties nationwide
- Renters paying over 35% of household income: 40.4%
--- #12 most common among counties in New Mexico, #794 among all counties nationwide
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Lochaven // Wikimedia Commons

#26. Taos County

- Housing units occupied by renters: 23.6%
- 2019 median gross rent: $784 (+7.1% change in rent since 2015)
--- #11 highest rent among counties in New Mexico, #1,085 among all counties nationwide
- Renters paying over 35% of household income: 48.8%
--- #1 most common among counties in New Mexico, #148 among all counties nationwide
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#25. Los Alamos County

- Housing units occupied by renters: 25.9%
- 2019 median gross rent: $1,062 (+14.1% change in rent since 2015)
--- #2 highest rent among counties in New Mexico, #314 among all counties nationwide
- Renters paying over 35% of household income: 17.3%
--- #29 most common among counties in New Mexico, #3,035 among all counties nationwide
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psyberartist // Wikimedia Commons

#24. Sierra County

- Housing units occupied by renters: 26.1%
- 2019 median gross rent: $537 (-6.6% change in rent since 2015)
--- #31 highest rent among counties in New Mexico, #2,944 among all counties nationwide
- Renters paying over 35% of household income: 45.3%
--- #4 most common among counties in New Mexico, #318 among all counties nationwide
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#23. Socorro County

- Housing units occupied by renters: 26.6%
- 2019 median gross rent: $715 (+22.9% change in rent since 2015)
--- #17 highest rent among counties in New Mexico, #1,574 among all counties nationwide
- Renters paying over 35% of household income: 40.9%
--- #11 most common among counties in New Mexico, #720 among all counties nationwide
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Billy Hathorn // Wikimedia Commons

#22. Colfax County

- Housing units occupied by renters: 29.0%
- 2019 median gross rent: $676 (+15.4% change in rent since 2015)
--- #20 highest rent among counties in New Mexico, #1,938 among all counties nationwide
- Renters paying over 35% of household income: 36.1%
--- #17 most common among counties in New Mexico, #1,461 among all counties nationwide
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#21. San Juan County

- Housing units occupied by renters: 29.0%
- 2019 median gross rent: $817 (+9.8% change in rent since 2015)
--- #9 highest rent among counties in New Mexico, #920 among all counties nationwide
- Renters paying over 35% of household income: 33.9%
--- #21 most common among counties in New Mexico, #1,789 among all counties nationwide
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#20. McKinley County

- Housing units occupied by renters: 29.1%
- 2019 median gross rent: $672 (+11.4% change in rent since 2015)
--- #22 highest rent among counties in New Mexico, #1,974 among all counties nationwide
- Renters paying over 35% of household income: 27.6%
--- #26 most common among counties in New Mexico, #2,544 among all counties nationwide
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Asaavedra32 // Wikimedia

#19. Santa Fe County

- Housing units occupied by renters: 29.1%
- 2019 median gross rent: $1,048 (+10.9% change in rent since 2015)
--- #3 highest rent among counties in New Mexico, #336 among all counties nationwide
- Renters paying over 35% of household income: 38.9%
--- #14 most common among counties in New Mexico, #1,000 among all counties nationwide
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Calvin Beale // Wikimedia Commons

#18. Hidalgo County

- Housing units occupied by renters: 29.4%
- 2019 median gross rent: $501 (+8.2% change in rent since 2015)
--- #32 highest rent among counties in New Mexico, #3,062 among all counties nationwide
- Renters paying over 35% of household income: 29.2%
--- #23 most common among counties in New Mexico, #2,388 among all counties nationwide
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KeanoManu // Wikimedia Commons

#17. San Miguel County

- Housing units occupied by renters: 29.7%
- 2019 median gross rent: $658 (+5.3% change in rent since 2015)
--- #25 highest rent among counties in New Mexico, #2,116 among all counties nationwide
- Renters paying over 35% of household income: 47.4%
--- #2 most common among counties in New Mexico, #201 among all counties nationwide
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#16. Eddy County

- Housing units occupied by renters: 30.5%
- 2019 median gross rent: $946 (+23.8% change in rent since 2015)
--- #4 highest rent among counties in New Mexico, #510 among all counties nationwide
- Renters paying over 35% of household income: 27.8%
--- #25 most common among counties in New Mexico, #2,524 among all counties nationwide
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#15. Chaves County

- Housing units occupied by renters: 31.1%
- 2019 median gross rent: $771 (+10.6% change in rent since 2015)
--- #13 highest rent among counties in New Mexico, #1,170 among all counties nationwide
- Renters paying over 35% of household income: 34.1%
--- #20 most common among counties in New Mexico, #1,756 among all counties nationwide
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#14. Cibola County

- Housing units occupied by renters: 31.3%
- 2019 median gross rent: $660 (+11.1% change in rent since 2015)
--- #24 highest rent among counties in New Mexico, #2,096 among all counties nationwide
- Renters paying over 35% of household income: 25.1%
--- #27 most common among counties in New Mexico, #2,739 among all counties nationwide
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#13. Grant County

- Housing units occupied by renters: 31.9%
- 2019 median gross rent: $671 (+5.7% change in rent since 2015)
--- #23 highest rent among counties in New Mexico, #1,986 among all counties nationwide
- Renters paying over 35% of household income: 40.3%
--- #13 most common among counties in New Mexico, #814 among all counties nationwide
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AllenS // Wikimedia Commons

#12. Lea County

- Housing units occupied by renters: 33.2%
- 2019 median gross rent: $895 (+16.5% change in rent since 2015)
--- #5 highest rent among counties in New Mexico, #632 among all counties nationwide
- Renters paying over 35% of household income: 29.0%
--- #24 most common among counties in New Mexico, #2,410 among all counties nationwide
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Vacaypicts // Wikimedia Commons

#11. Harding County

- Housing units occupied by renters: 34.6%
- 2019 median gross rent: $543 (-18.1% change in rent since 2015)
--- #30 highest rent among counties in New Mexico, #2,923 among all counties nationwide
- Renters paying over 35% of household income: 10.3%
--- #33 most common among counties in New Mexico, #3,106 among all counties nationwide
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Wordbuilder // Wikimedia Commons

#10. Union County

- Housing units occupied by renters: 35.1%
- 2019 median gross rent: $557 (-13.8% change in rent since 2015)
--- #29 highest rent among counties in New Mexico, #2,866 among all counties nationwide
- Renters paying over 35% of household income: 16.3%
--- #31 most common among counties in New Mexico, #3,050 among all counties nationwide
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#9. Otero County

- Housing units occupied by renters: 35.8%
- 2019 median gross rent: $792 (+0.1% change in rent since 2015)
--- #10 highest rent among counties in New Mexico, #1,037 among all counties nationwide
- Renters paying over 35% of household income: 37.6%
--- #15 most common among counties in New Mexico, #1,187 among all counties nationwide
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#8. Dona Ana County

- Housing units occupied by renters: 36.9%
- 2019 median gross rent: $754 (+6.3% change in rent since 2015)
--- #14 highest rent among counties in New Mexico, #1,283 among all counties nationwide
- Renters paying over 35% of household income: 44.2%
--- #6 most common among counties in New Mexico, #393 among all counties nationwide
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M.Bucka // Wikimedia Commons

#7. Bernalillo County

- Housing units occupied by renters: 37.0%
- 2019 median gross rent: $874 (+9.4% change in rent since 2015)
--- #7 highest rent among counties in New Mexico, #693 among all counties nationwide
- Renters paying over 35% of household income: 42.6%
--- #9 most common among counties in New Mexico, #535 among all counties nationwide
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Wordbuilder // Wikimedia Commons

#6. De Baca County

- Housing units occupied by renters: 37.4%
- 2019 median gross rent: $676 (+72.0% change in rent since 2015)
--- #20 highest rent among counties in New Mexico, #1,938 among all counties nationwide
- Renters paying over 35% of household income: 22.4%
--- #28 most common among counties in New Mexico, #2,884 among all counties nationwide
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U.S. Army Corps of Engineers // Wikimedia Commons

#5. Guadalupe County

- Housing units occupied by renters: 37.4%
- 2019 median gross rent: $395 (-26.9% change in rent since 2015)
--- #33 highest rent among counties in New Mexico, #3,129 among all counties nationwide
- Renters paying over 35% of household income: 15.5%
--- #32 most common among counties in New Mexico, #3,063 among all counties nationwide
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Tony Hisgett // Wikimedia Commons

#4. Quay County

- Housing units occupied by renters: 38.5%
- 2019 median gross rent: $563 (+17.3% change in rent since 2015)
--- #27 highest rent among counties in New Mexico, #2,835 among all counties nationwide
- Renters paying over 35% of household income: 33.0%
--- #22 most common among counties in New Mexico, #1,924 among all counties nationwide
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AllenS // Wikimedia Commons

#3. Luna County

- Housing units occupied by renters: 39.1%
- 2019 median gross rent: $562 (+2.0% change in rent since 2015)
--- #28 highest rent among counties in New Mexico, #2,841 among all counties nationwide
- Renters paying over 35% of household income: 42.7%
--- #8 most common among counties in New Mexico, #523 among all counties nationwide
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Wordbuilder // Wikimedia Commons

#2. Roosevelt County

- Housing units occupied by renters: 41.5%
- 2019 median gross rent: $778 (+12.1% change in rent since 2015)
--- #12 highest rent among counties in New Mexico, #1,123 among all counties nationwide
- Renters paying over 35% of household income: 41.6%
--- #10 most common among counties in New Mexico, #647 among all counties nationwide
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Billy Hathorn // Wikimedia Commons

#1. Curry County

- Housing units occupied by renters: 43.0%
- 2019 median gross rent: $843 (+7.3% change in rent since 2015)
--- #8 highest rent among counties in New Mexico, #810 among all counties nationwide
- Renters paying over 35% of household income: 34.8%
--- #18 most common among counties in New Mexico, #1,663 among all counties nationwide

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