housing costs · New Mexico
Housing costs in Valencia 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 | $1,015 | ± $70 | evidence → |
| 2019–2023 | $970 | ± $94 | evidence → |
| 2018–2022 | $873 | ± $56 | evidence → |
| 2017–2021 | $843 | ± $81 | evidence → |
Median home value
| Survey period | Value | Margin of error | Source |
|---|---|---|---|
| 2020–2024 | $223,000 | ± $8,792 | evidence → |
| 2019–2023 | $206,800 | ± $9,749 | evidence → |
| 2018–2022 | $184,400 | ± $6,507 | evidence → |
| 2017–2021 | $154,400 | ± $5,458 | evidence → |
Rent as share of income
| Survey period | Value | Margin of error | Source |
|---|---|---|---|
| 2020–2024 | 32.4 % | ± 2.8 % | evidence → |
| 2019–2023 | 30.9 % | ± 2.5 % | evidence → |
| 2018–2022 | 29.6 % | ± 3.6 % | evidence → |
| 2017–2021 | 27.0 % | ± 2.8 % | evidence → |
In context
Median rent in Valencia County is $1,015, 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.