Cost of Living in Roosevelt County, New Mexico

$863/mo

Median Monthly Rent

$136,000

Median Home Value

1% below state averageUnaffordable

At a Glance

Median Monthly Rent

$863/mo

1% below state average

Median Home Value

$136,000

52% 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 Roosevelt County Compares

Median monthly rent comparison

Roosevelt County$863/mo

New Mexico Average$876/mo

National Median$1,163/mo

Detailed Housing Stats

$863/mo

Median Gross Rent

$136,000

Median Home Value

$868/mo

Monthly Owner Cost

29.0%

Rent-to-Income Ratio

Data Story

About Cost of Living in Roosevelt County, New Mexico

Roosevelt County near-parity affordability

Roosevelt County's 19.8% rent-to-income ratio sits just above New Mexico's 19.4% state average and aligns closely with national affordability norms. With median household income of $52,445 and rents at $863 monthly, Roosevelt County residents enjoy near-balanced housing costs relative to peers.

Average affordability, moderate rents

Roosevelt County's 19.8% rent-to-income ratio slightly exceeds New Mexico's 19.4% average, placing it in the middle tier for state affordability. At $863 monthly rent—above the state median of $876—Roosevelt balances reasonable costs with moderate county incomes.

Mid-range rents in regional context

Roosevelt County's $863 rent ranks mid-range among these eight counties, higher than rural peers like Quay ($752) and Luna ($685) but lower than Otero ($926) and San Juan ($917). This pricing reflects Roosevelt's positioning between remote rural areas and more developed regional markets.

Unusual: renters and owners cost equally

Roosevelt County presents a rare affordability profile where renters and homeowners pay nearly identical housing costs: $863 monthly rent versus $868 ownership at median. With median income of $52,445, both groups spend approximately 19.8-19.9% of gross income on housing—an unusual equilibrium.

Balanced housing market, equal access

Roosevelt County offers balanced affordability for both renters and homeowners, with near-identical monthly costs and median home values of $136,000. Relocators can choose tenure based on preference rather than affordability pressure, making Roosevelt an accessible option for diverse housing needs.

Affordability Calculator

See how your income compares to housing costs in Roosevelt County

Your Annual Household Income

Rent Burden

19.7%

of gross income

Max Housing (28% Rule)

$1,224

per month

Owner Cost Burden

19.9%

of gross income

You can likely afford the median home in Roosevelt County

Median home value is $136,000. Estimated monthly cost: $1,086 vs. your max of $1,224.

Rent Affordability Guide

Your rent-to-income ratio19.7%

Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Roosevelt County, New Mexico?

Roosevelt County, New Mexico has a median monthly rent of $863/mo and a median home value of $136,000. The affordability rating is Unaffordable, with rent making up approximately 29.0% of median household income.

What is the median rent in Roosevelt County?

The median gross rent in Roosevelt County is $863/mo. This is 1% below state average for New Mexico.

Is Roosevelt County affordable?

Roosevelt 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 Roosevelt County's rent compare to the state average?

Roosevelt County's median rent of $863/mo is 1% below state average of $876/mo for New Mexico.

What is the median home value in Roosevelt County?

The median home value in Roosevelt County, New Mexico is $136,000. This is 52% below the national median home value of $281,900.