Average Rent in Catron County, NM↑ Rents rising 1.8% YoY
HUD FY2027 · Official government data · Updated annually · Metro pop. 3,685
Market Overview
Catron County, NM has rental prices ranging from $842/month to $1,660/month in 2027, depending on unit size. The typical 1-bedroom apartment rents for $870/month — 38% below the national average of $1,400/month. With a median household income of $46,439/year, spending $870/month on a 1-bedroom represents 22% of gross income — within the recommended 30% threshold.
How Catron County Compares
With an average 2-bedroom rent of $1,059/month, Catron County ranks #16 most expensive of the 30 cities tracked in New Mexico — pricier than 57% of all US cities in our data.
The Catron County Rental Market
The Catron County, NM area has a population of about 3,685 and 12% of households renting rather than owning. That renter share runs below the US average of ~34%, a more homeowner-heavy market where rental inventory can be limited.
Rent Trends
2-bedroom rents in Catron County, NM have risen by $19/month (1.8%) over the past year, from $1,040 to $1,059. Rents have remained relatively stable year over year, indicating a balanced rental market in the area.
Affordability
To afford a 1-bedroom apartment in Catron County, NM without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $34,800. The local median household income of $46,439 exceeds that threshold by $11,639, making Catron County relatively accessible compared to local wages.
Economy & Jobs
Catron County, NM has an unemployment rate of 7.4%, 3.5 percentage points above the national average of 3.9%. A higher unemployment rate can moderate rental demand over time, which may help keep rent growth in check compared to tighter job markets.
Fair Market Rents
HUD FY2027Is Catron County, NM Affordable?
Income needed to rent or buy, price history, and how this city compares to nearby metros.
Affordability Index(30% income rule)
Nearby Cities in NMlargest metros in the state
| City | Studio | 1BR | 2BR | 3BR | Home Value |
|---|---|---|---|---|---|
| Albuquerque | $977 | $1,112 | $1,384 | $1,902 | — |
| Las Cruces | $790 | $975 | $1,073 | $1,461 | — |
| Santa Fe | $1,260 | $1,413 | $1,735 | $2,134 | — |
| Farmington | $850 | $855 | $1,116 | $1,545 | — |
| Lea County | $1,111 | $1,117 | $1,327 | $1,670 | — |
| McKinley County | $794 | $911 | $1,140 | $1,358 | — |
Rent or Buy in Catron County?
Break-even analysis and mortgage estimates based on local market data.
Should I Rent or Buy?
Break-even analysis using real Catron County data
Buying breaks even after 3 years — worth it if you stay 3+ years.
Living in Catron County
Cost of living, job market, crime rates, and moving cost estimates.
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Frequently Asked Questions
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💵Rent Affordability in Catron CountySalary needed to afford rent here
🗺️All Cities in NMSee how Catron County ranks statewide
⚖️Compare Catron CountySide-by-side rent & cost of living with any city
📋NM Tenant RightsDeposit limits, eviction laws & renters protections