Latest available · Census ACS 5-Year (2024)
What Is the Average Rent in Bernalillo County, New Mexico?
County · Census ACS 5-Year estimates
The median gross rent in Bernalillo County, New Mexico is $1,144/month (±$17), based on Census ACS 5-Year estimates (2024). The median home value is $292,900 (±$3,423), and the median household income is $69,473/year. Source: U.S. Census Bureau, American Community Survey, 2024 5-Year Estimates.
Average Rent in Bernalillo County, New Mexico and Neighbouring Counties
Housing Metrics for Bernalillo County, New Mexico
| Metric | Value |
|---|---|
| Median Gross Rent | $1,144 |
| Median Home Value | $292,900 |
| Median Household Income | $69,473 |
| Total Housing Units | 285,495 |
| Renter-Occupied Units | 101,241 |
| Renter-Occupied Share | 35% |
| Households Paying 50%+ Income | 26,911 households |
Median Rent by Bedroom Count
| Bedroom | Median Rent | YoY |
|---|---|---|
| Studio | $855 | +0.0% |
| 1 BR | $944 | +0.0% |
| 2 BR | $1,196 | +0.0% |
| 3 BR | $1,505 | +0.0% |
| 4 BR | $1,772 | +0.0% |
| 5+ BR | $1,404 | +0.0% |
How does Bernalillo County, New Mexico compare?
Median gross rent ranked against all counties in New Mexico.
Higher rent than 88% of counties in New Mexico · 5th of 33
| # | County | Value |
|---|---|---|
| 1 | Sandoval County | $1,427 |
| 2 | Santa Fe County | $1,389 |
| 3 | Los Alamos County | $1,375 |
| … 1 more … | ||
| 5 | Bernalillo County(you are here) | $1,144 |
| … 25 more … | ||
| 31 | Luna County | $650 |
| 32 | Guadalupe County | $590 |
| 33 | De Baca County | $387 |
More data for Bernalillo County, New Mexico
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Frequently asked questions
What is the average rent in Bernalillo County, New Mexico?
The median gross rent in Bernalillo County, New Mexico is $1,144/month, based on Census ACS 5-Year estimates (2024). Gross rent includes contract rent plus utilities. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.
What is the average rent for a 2-bedroom in Bernalillo County, New Mexico?
The median rent for a 2-bedroom in Bernalillo County, New Mexico is $1,196/month based on Census ACS 5-Year estimates (2024). Margin of error: ±$20. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.
What is the median home value in Bernalillo County, New Mexico?
The median home value in Bernalillo County, New Mexico is $292,900 according to Census ACS 5-Year estimates (2024).
What percentage of renters in Bernalillo County are rent-burdened?
In Bernalillo County, New Mexico, 26,911 households pay 50% or more of their income for rent. A household is considered rent-burdened when it spends more than 30% of income on housing costs.
What is the median household income in Bernalillo County, New Mexico?
The median household income in Bernalillo County, New Mexico is $69,473/year according to Census ACS 5-Year estimates (2024).
How reliable is Census ACS data for small areas?
The ACS 5-Year estimates combine 60 months of data for more reliable figures in smaller geographies. Each estimate has a margin of error (MOE). For example, the median rent of $1,144 has a margin of error of ±$17. In very small areas, MOEs can be large relative to the estimate.
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