Cost of Living in Curry County, New Mexico

$987/mo
Median Monthly Rent
$160,800
Median Home Value
13% above state averageUnaffordable

At a Glance

Median Monthly Rent
$987/mo
13% above state average
Median Home Value
$160,800
43% below national
Rent-to-Income Ratio
29.0%
% of income spent on rent

Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)

Affordability Rating
Unaffordable
Rent over 50% of income

How Curry County Compares

Median monthly rent comparison

Curry County$987/mo
New Mexico Average$876/mo
National Median$1,163/mo

Detailed Housing Stats

$987/mo
Median Gross Rent
$160,800
Median Home Value
$879/mo
Monthly Owner Cost
29.0%
Rent-to-Income Ratio

Data Story

About Cost of Living in Curry County, New Mexico

Curry's housing burden exceeds national and state norms

Curry County renters spend 21.1% of income on rent—significantly above the national benchmark of roughly 19% and the state average of 19.4%. Despite median household income of $56,259, residents here face one of New Mexico's tightest housing-affordability gaps, with median rent at $987 monthly.

Curry ranks among state's most strained housing markets

Curry County's rent-to-income ratio of 21.1% ranks it among New Mexico's least affordable counties, exceeding the state average by 1.7 percentage points. With median rent at $987—12% above the state mean of $876—Curry residents face above-average cost pressures.

Curry's rents rival Bernalillo's despite lower incomes

Curry's $987 median rent nearly matches Bernalillo's $1,087, yet Curry households earn $10,000 less annually, creating sharper affordability strain. This Clovis-anchored county occupies an unusual position: metro-level rents paired with rural-level incomes.

Homeownership offers modest relief in Curry

Curry renters pay $987 monthly while homeowners spend $879—an 11% discount that still leaves ownership among the state's pricier options, with median home value of $160,800. At $56,259 median income, housing consumes 21% of renters' earnings and 19% of owners' budgets.

Curry suits those with stable income or ownership plans

Curry County's above-average rents demand careful budgeting for renters, but the county appeals to those relocating with established employment or seeking affordable homeownership. Consider Curry if you have income stability and plan to buy rather than rent.

Affordability Calculator

See how your income compares to housing costs in Curry County

$

Rent Burden

21.1%

of gross income

Max Housing (28% Rule)

$1,313

per month

Owner Cost Burden

18.7%

of gross income

You can likely afford the median home in Curry County

Median home value is $160,800. Estimated monthly cost: $1,284 vs. your max of $1,313.

Rent Affordability Guide

Your rent-to-income ratio21.1%
Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Curry County, New Mexico?
Curry County, New Mexico has a median monthly rent of $987/mo and a median home value of $160,800. The affordability rating is Unaffordable, with rent making up approximately 29.0% of median household income.
What is the median rent in Curry County?
The median gross rent in Curry County is $987/mo. This is 13% above state average for New Mexico.
Is Curry County affordable?
Curry County is rated Unaffordable based on rent-to-income ratio of 29.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Curry County's rent compare to the state average?
Curry County's median rent of $987/mo is 13% above state average of $876/mo for New Mexico.
What is the median home value in Curry County?
The median home value in Curry County, New Mexico is $160,800. This is 43% below the national median home value of $281,900.
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Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.