housing costs · New Mexico
Housing costs in Grant 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 | $825 | ± $28 | evidence → |
| 2019–2023 | $810 | ± $42 | evidence → |
| 2018–2022 | $802 | ± $57 | evidence → |
| 2017–2021 | $720 | ± $15 | evidence → |
Median home value
| Survey period | Value | Margin of error | Source |
|---|---|---|---|
| 2020–2024 | $175,600 | ± $11,370 | evidence → |
| 2019–2023 | $164,400 | ± $7,452 | evidence → |
| 2018–2022 | $153,900 | ± $10,891 | evidence → |
| 2017–2021 | $125,000 | ± $11,456 | evidence → |
Rent as share of income
| Survey period | Value | Margin of error | Source |
|---|---|---|---|
| 2020–2024 | 28.9 % | ± 2.1 % | evidence → |
| 2019–2023 | 30.7 % | ± 6.3 % | evidence → |
| 2018–2022 | 29.6 % | ± 4.4 % | evidence → |
| 2017–2021 | 29.7 % | ± 5.1 % | evidence → |
In context
Median rent in Grant County is $825, 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.