Cost of Living in Luna County, New Mexico
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
These figures are county medians, not a personal budget. Use them to frame rent, ownership, and income tradeoffs, then account for household size, commute, financing, insurance, taxes, debt, and local availability before making a decision.
How Luna County Compares
Median monthly rent comparison
Detailed Housing Stats
National Ranking
Affordability Rank
Luna County ranks #81 of 3,142 counties for affordability (top 3%)
Sourced county brief
Luna County Median Gross Rent Estimated at $650 Monthly
The median gross rent in Luna County was estimated at $650 per month, which is $255 below the New Mexico unweighted county mean of $905. For renter-occupied units, the official ACS B25071 median gross rent as a percentage of household income (GRAPI) is 30.0%. This figure is 1.6 percentage points higher than the state unweighted county mean of 28.4%. The median household income for renters in the county is $26,700. Among owner-occupied housing units, the median home value is $128,000, which is below the New Mexico unweighted county mean of $192,727. Selected monthly owner costs for all owner-occupied units are $508, or $203 below the state unweighted county mean of $711. These housing statistics are based on the American Community Survey 2020-2024 5-Year Estimates. Data provided includes dataVersion acs5-2020-2024 and methodologyVersion cost-brief-v1, last reviewed on 2026-07-10. See ACS table B25071 for the underlying estimate.
Source record
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25064 Median Gross Rent
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25071 GRAPI
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25077 Median Home Value
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25088 Selected Monthly Owner Costs
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25119 Household Income by Tenure
Data version acs5-2020-2024 · Method cost-brief-v1
Cost of Living Advisory: Luna County
Affordability Verdict
ACS B25071 estimates median gross rent at 30.0% of renter household income in Luna County, which is between the 30% and 50% rent-burden benchmarks. This is a median percentage among renter-occupied units, not the share of households above a threshold.
Rent vs. Own
Median gross rent is $650 per month; median selected monthly owner costs are $508. These ACS medians describe different tenure groups and are not a personalized rent-versus-buy calculation.
Income Needed
Using the common 30% budgeting benchmark, $26,000 in annual gross income would allocate 30% to the county's median gross rent. This is a reproducible illustration, not evidence that a particular household can afford housing.
Regional Context
The New Mexico unweighted mean of county median rents is $905 per month. Luna County's $650 median is 28.1% below that comparison value.
Data version acs5-2020-2024 · Method cost-advisory-v2
Affordability Calculator
See how your income compares to housing costs in Luna County
Rent Burden
21.4%
of gross income
Max Housing (28% Rule)
$850
per month
Owner Cost Burden
16.7%
of gross income
The median home in Luna County may be a stretch
Median home value is $128,000. Estimated monthly cost: $1,022 vs. your max of $850.
Rent Affordability Guide
Income Needed Calculator
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Based on the 30% rule for rent and 28% rule for housing costs (mortgage + owner costs). Mortgage estimate assumes 20% down, 7.2% interest, 30-year fixed.
Frequently Asked Questions
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See Today's RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2020-2024). Data is informational only and is not personalized financial advice.
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