housing costs · New Mexico
Housing costs in Chaves County
What it costs to live here: rent, home values and the share of income rent takes.
Median gross rent
| Survey period | Value | Margin of error | Source |
|---|---|---|---|
| 2020–2024 | $867 | ± $61 | evidence → |
| 2019–2023 | $838 | ± $35 | evidence → |
| 2018–2022 | $850 | ± $39 | evidence → |
| 2017–2021 | $819 | ± $34 | evidence → |
Median home value
| Survey period | Value | Margin of error | Source |
|---|---|---|---|
| 2020–2024 | $156,400 | ± $9,252 | evidence → |
| 2019–2023 | $141,900 | ± $12,827 | evidence → |
| 2018–2022 | $133,200 | ± $8,270 | evidence → |
| 2017–2021 | $117,100 | ± $5,025 | evidence → |
Rent as share of income
| Survey period | Value | Margin of error | Source |
|---|---|---|---|
| 2020–2024 | 29.2 % | ± 2.2 % | evidence → |
| 2019–2023 | 27.8 % | ± 2.4 % | evidence → |
| 2018–2022 | 27.6 % | ± 2.3 % | evidence → |
| 2017–2021 | 27.6 % | ± 3.1 % | evidence → |
In context
Median rent in Chaves County is $867, below the New Mexico median of $872 across 33 counties (2020–2024).
American Community Survey, five-year estimates. Each release covers five years, so consecutive releases overlap by four of them — a change from one release to the next is damped, and reading them as annual values understates swings. Margins of error are at 90 % confidence and are wide in sparsely populated counties.