housing costs · New Mexico
Housing costs in Sandoval 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 | $1,427 | ± $37 | evidence → |
| 2019–2023 | $1,408 | ± $42 | evidence → |
| 2018–2022 | $1,280 | ± $51 | evidence → |
| 2017–2021 | $1,146 | ± $24 | evidence → |
Median home value
| Survey period | Value | Margin of error | Source |
|---|---|---|---|
| 2020–2024 | $313,800 | ± $6,593 | evidence → |
| 2019–2023 | $282,300 | ± $4,401 | evidence → |
| 2018–2022 | $258,100 | ± $6,785 | evidence → |
| 2017–2021 | $222,200 | ± $4,077 | evidence → |
Rent as share of income
| Survey period | Value | Margin of error | Source |
|---|---|---|---|
| 2020–2024 | 30.0 % | ± 2.5 % | evidence → |
| 2019–2023 | 30.0 % | ± 2.4 % | evidence → |
| 2018–2022 | 30.0 % | ± 2.0 % | evidence → |
| 2017–2021 | 29.6 % | ± 1.6 % | evidence → |
In context
Median rent in Sandoval County is $1,427, 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.