housing costs · New Mexico
Housing costs in Eddy 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 | $1,245 | ± $119 | evidence → |
| 2019–2023 | $1,183 | ± $103 | evidence → |
| 2018–2022 | $1,095 | ± $71 | evidence → |
| 2017–2021 | $1,040 | ± $56 | evidence → |
Median home value
| Survey period | Value | Margin of error | Source |
|---|---|---|---|
| 2020–2024 | $212,600 | ± $9,367 | evidence → |
| 2019–2023 | $199,400 | ± $9,309 | evidence → |
| 2018–2022 | $188,400 | ± $7,873 | evidence → |
| 2017–2021 | $166,900 | ± $6,788 | evidence → |
Rent as share of income
| Survey period | Value | Margin of error | Source |
|---|---|---|---|
| 2020–2024 | 26.8 % | ± 1.8 % | evidence → |
| 2019–2023 | 25.0 % | ± 2.9 % | evidence → |
| 2018–2022 | 23.4 % | ± 3.1 % | evidence → |
| 2017–2021 | 23.1 % | ± 3.3 % | evidence → |
In context
Median rent in Eddy County is $1,245, above 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.