Average Rent in Roosevelt County, NM↑ Rents rising 1.0% YoY🔻 Cheapest in NM
HUD FY2025 · Official government data · Updated annually · Metro pop. 19,002
Market Overview
Roosevelt County, NM has rental prices ranging from $678/month to $1,567/month in 2025, depending on unit size. The typical 1-bedroom apartment rents for $711/month — 49% below the national average of $1,400/month. With a median household income of $52,445/year, spending $711/month on a 1-bedroom represents 16% of gross income — within the recommended 30% threshold.
How Roosevelt County Compares
With an average 2-bedroom rent of $933/month, Roosevelt County ranks #30 most expensive of the 30 cities tracked in New Mexico — more affordable than 60% of all US cities in our data.
The Roosevelt County Rental Market
The Roosevelt County, NM area has a population of about 19,002 and 38% of households renting rather than owning. That is close to the US average renter share of ~34%.
Rent Trends
2-bedroom rents in Roosevelt County, NM have risen by $9/month (1.0%) over the past year, from $924 to $933. Rents have remained relatively stable year over year, indicating a balanced rental market in the area.
Affordability
To afford a 1-bedroom apartment in Roosevelt County, NM without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $28,440. The local median household income of $52,445 exceeds that threshold by $24,005, making Roosevelt County relatively accessible compared to local wages.
Economy & Jobs
Roosevelt County, NM has an unemployment rate of 5.4%, 1.5 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 FY2025Is Roosevelt 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 | $913 | $1,084 | $1,331 | $1,865 | — |
| Las Cruces | $741 | $940 | $1,041 | $1,447 | — |
| Santa Fe | $1,235 | $1,368 | $1,627 | $2,057 | — |
| Farmington | $841 | $855 | $1,034 | $1,449 | — |
| Lea County | $806 | $862 | $1,131 | $1,397 | — |
| McKinley County | $652 | $799 | $951 | $1,169 | — |
Rent or Buy in Roosevelt County?
Break-even analysis and mortgage estimates based on local market data.
Should I Rent or Buy?
Break-even analysis using real Roosevelt County data
Renting appears to be the better financial choice for this scenario.
Living in Roosevelt 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 Roosevelt CountySalary needed to afford rent here
🗺️All Cities in NMSee how Roosevelt County ranks statewide
⚖️Compare Roosevelt CountySide-by-side rent & cost of living with any city
📋NM Tenant RightsDeposit limits, eviction laws & renters protections