housing costs · New Mexico
Housing costs in Luna 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 | $650 | ± $95 | evidence → |
| 2019–2023 | $685 | ± $113 | evidence → |
| 2018–2022 | $572 | ± $111 | evidence → |
| 2017–2021 | $545 | ± $72 | evidence → |
Median home value
| Survey period | Value | Margin of error | Source |
|---|---|---|---|
| 2020–2024 | $128,000 | ± $15,180 | evidence → |
| 2019–2023 | $112,500 | ± $7,254 | evidence → |
| 2018–2022 | $100,900 | ± $10,429 | evidence → |
| 2017–2021 | $88,800 | ± $8,850 | evidence → |
Rent as share of income
| Survey period | Value | Margin of error | Source |
|---|---|---|---|
| 2020–2024 | 30.0 % | ± 4.9 % | evidence → |
| 2019–2023 | 30.7 % | ± 4.0 % | evidence → |
| 2018–2022 | 29.3 % | ± 3.3 % | evidence → |
| 2017–2021 | 30.5 % | ± 3.2 % | evidence → |
In context
Median rent in Luna County is $650, 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.