housing costs · New Mexico
Housing costs in Hidalgo 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 | $814 | ± $97 | evidence → |
| 2019–2023 | $803 | ± $203 | evidence → |
| 2018–2022 | $668 | ± $160 | evidence → |
| 2017–2021 | $594 | ± $137 | evidence → |
Median home value
| Survey period | Value | Margin of error | Source |
|---|---|---|---|
| 2020–2024 | $111,000 | ± $8,757 | evidence → |
| 2019–2023 | $114,000 | ± $10,636 | evidence → |
| 2018–2022 | $102,500 | ± $11,463 | evidence → |
| 2017–2021 | $94,400 | ± $13,298 | evidence → |
Rent as share of income
| Survey period | Value | Margin of error | Source |
|---|---|---|---|
| 2020–2024 | 34.8 % | ± 13.8 % | evidence → |
| 2019–2023 | 34.4 % | ± 11.3 % | evidence → |
| 2018–2022 | 30.9 % | ± 8.0 % | evidence → |
| 2017–2021 | 27.1 % | ± 6.7 % | evidence → |
In context
Median rent in Hidalgo County is $814, 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.