Latest available · Census ACS 5-Year (2024)
What Is the Average Rent in Colfax County, New Mexico?
County · Census ACS 5-Year estimates
The median gross rent in Colfax County, New Mexico is $729/month (±$59), based on Census ACS 5-Year estimates (2024). The median home value is $167,200 (±$14,811), and the median household income is $53,554/year. Source: U.S. Census Bureau, American Community Survey, 2024 5-Year Estimates.
Average Rent in Colfax County, New Mexico and Neighbouring Counties
Housing Metrics for Colfax County, New Mexico
| Metric | Value |
|---|---|
| Median Gross Rent | $729 |
| Median Home Value | $167,200 |
| Median Household Income | $53,554 |
| Total Housing Units | 5,368 |
| Renter-Occupied Units | 1,515 |
| Renter-Occupied Share | 28% |
| Households Paying 50%+ Income | 257 households |
Median Rent by Bedroom Count
| Bedroom | Median Rent | YoY |
|---|---|---|
| 1 BR | $623 | -26.5% |
| 2 BR | $735 | -27.4% |
| 3 BR | $922 | -16.3% |
How does Colfax County, New Mexico compare?
Median gross rent ranked against all counties in New Mexico.
Higher rent than 24% of counties in New Mexico · 26th of 33
| # | County | Value |
|---|---|---|
| 1 | Sandoval County | $1,427 |
| 2 | Santa Fe County | $1,389 |
| 3 | Los Alamos County | $1,375 |
| … 22 more … | ||
| 26 | Colfax County(you are here) | $729 |
| … 4 more … | ||
| 31 | Luna County | $650 |
| 32 | Guadalupe County | $590 |
| 33 | De Baca County | $387 |
More data for Colfax County, New Mexico
Nearby counties
Browse by State
- Alabama
- Alaska
- Arizona
- Arkansas
- California
- Colorado
- Connecticut
- Delaware
- District of Columbia
- Florida
- Georgia
- Hawaii
- Idaho
- Illinois
- Indiana
- Iowa
- Kansas
- Kentucky
- Louisiana
- Maine
- Maryland
- Massachusetts
- Michigan
- Minnesota
- Mississippi
- Missouri
- Montana
- Nebraska
- Nevada
- New Hampshire
- New Jersey
- New Mexico
- New York
- North Carolina
- North Dakota
- Ohio
- Oklahoma
- Oregon
- Pennsylvania
- Puerto Rico
- Rhode Island
- South Carolina
- South Dakota
- Tennessee
- Texas
- Utah
- Vermont
- Virginia
- Washington
- West Virginia
- Wisconsin
- Wyoming
Frequently asked questions
What is the average rent in Colfax County, New Mexico?
The median gross rent in Colfax County, New Mexico is $729/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 Colfax County, New Mexico?
The median rent for a 2-bedroom in Colfax County, New Mexico is $735/month based on Census ACS 5-Year estimates (2024). Margin of error: ±$72. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.
What is the median home value in Colfax County, New Mexico?
The median home value in Colfax County, New Mexico is $167,200 according to Census ACS 5-Year estimates (2024).
What percentage of renters in Colfax County are rent-burdened?
In Colfax County, New Mexico, 257 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 Colfax County, New Mexico?
The median household income in Colfax County, New Mexico is $53,554/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 $729 has a margin of error of ±$59. In very small areas, MOEs can be large relative to the estimate.
Managing rental properties?
Tenanture helps property managers reply to every inbound lead, qualify applicants against your rules, and handle tenant inquiries automatically.
Get started free