County · Census 2020–2024
Median rent and rent burden in Valencia County, New Mexico
- Median monthly gross rent
- $1,015 ± $70 margin
- Rent burden · 30% or more
- 56.2% ± 8 percentage points
- Severe burden · 50% or more
- 25.9% ± 6.6 percentage points
How much income would keep this rent at 30%?
The area’s median gross rent would equal 30% of an annual household income of $40,600. The calculation multiplies monthly rent by 12 and divides by 0.30.
Compare nearby counties
Among the published counties in the same state or territory within 100 miles, the closest one with a lower, non-overlapping rent range was Socorro County, New Mexico, 50.7 miles away. Its estimated median gross rent was $324 lower per month. That difference compares survey estimates for the same period.
| Area | Miles away | Median gross rent ± margin | Rent burden | Severe burden |
|---|---|---|---|---|
| Bernalillo County, New Mexico | 24.5 | $1,144 ± $17 | 52% | 28.3% |
| Socorro County, New Mexico | 50.7 | $691 ± $171 | 62.7% | 31.6% |
| Torrance County, New Mexico | 53.3 | $872 ± $37 | 34.1% | 17% |
Compare with broader areas
| Area | Median gross rent ± margin | Rent burden | Severe burden |
|---|---|---|---|
| Valencia County, New Mexico | $1,015 ± $70 | 56.2% | 25.9% |
| New Mexico | $1,067 ± $11 | 50.2% | 26.2% |
| United States | $1,413 ± $2 | 51.1% | 25.9% |
Data and definitions
How to read the estimates
The Census Bureau’s 2020–2024 American Community Survey five-year release provides these survey estimates. America.co matched Census rent tables by geography ID and used the Gazetteer’s representative points to calculate straight-line distance.
- Gross rent includes contract rent and utilities or fuels paid separately. The median describes cash-rent homes surveyed during this period.
- Rent burden means gross rent was at least 30% of household income. Severe rent burden means at least 50%. Both shares use only cash-rent households for which Census could compute the ratio.
- Margins use the Census 90% confidence level. The rent margin is published by Census. The burden margins are approximate and combine the published category margins using the Census sum and proportion formulas. County and ZIP-area pages require at least 100 estimated households with a computed ratio, a rent margin at most 35% of the estimate, and a rent-burden margin of 20 percentage points or less.
- ZIP areas are Census ZIP Code Tabulation Areas. A mailing ZIP can differ or have no corresponding Census area. Distances are straight-line distances between representative points.
B25064 for this geography · B25070 for this geography · ACS downloads · Census Gazetteer · Census definitions · Margin-of-error methods · Download the comparison data