Latest available · Census ACS 5-Year (2024)
What Is the Average Rent in Sandoval County, New Mexico?
County · Census ACS 5-Year estimates
The median gross rent in Sandoval County, New Mexico is $1,427/month (±$37), based on Census ACS 5-Year estimates (2024). The median home value is $313,800 (±$6,593), and the median household income is $86,636/year. Source: U.S. Census Bureau, American Community Survey, 2024 5-Year Estimates.
Average Rent in Sandoval County, New Mexico and Neighbouring Counties
Housing Metrics for Sandoval County, New Mexico
| Metric | Value |
|---|---|
| Median Gross Rent | $1,427 |
| Median Home Value | $313,800 |
| Median Household Income | $86,636 |
| Total Housing Units | 56,895 |
| Renter-Occupied Units | 9,365 |
| Renter-Occupied Share | 16% |
| Households Paying 50%+ Income | 1,776 households |
Median Rent by Bedroom Count
| Bedroom | Median Rent | YoY |
|---|---|---|
| Studio | $1,083 | +0.0% |
| 1 BR | $1,048 | +0.0% |
| 2 BR | $1,286 | +0.0% |
| 3 BR | $1,566 | +0.0% |
| 4 BR | $1,876 | +0.0% |
| 5+ BR | $2,096 | +0.0% |
How does Sandoval County, New Mexico compare?
Median gross rent ranked against all counties in New Mexico.
Higher rent than 100% of counties in New Mexico · 1st of 33
| # | County | Value |
|---|---|---|
| 1 | Sandoval County(you are here) | $1,427 |
| 2 | Santa Fe County | $1,389 |
| 3 | Los Alamos County | $1,375 |
| … 27 more … | ||
| 31 | Luna County | $650 |
| 32 | Guadalupe County | $590 |
| 33 | De Baca County | $387 |
More data for Sandoval County, New Mexico
No nearby counties with Average Rent data are available in our database.
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Frequently asked questions
What is the average rent in Sandoval County, New Mexico?
The median gross rent in Sandoval County, New Mexico is $1,427/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 Sandoval County, New Mexico?
The median rent for a 2-bedroom in Sandoval County, New Mexico is $1,286/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 Sandoval County, New Mexico?
The median home value in Sandoval County, New Mexico is $313,800 according to Census ACS 5-Year estimates (2024).
What percentage of renters in Sandoval County are rent-burdened?
In Sandoval County, New Mexico, 1,776 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 Sandoval County, New Mexico?
The median household income in Sandoval County, New Mexico is $86,636/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 $1,427 has a margin of error of ±$37. In very small areas, MOEs can be large relative to the estimate.
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