Average Rent in Curry County, NM↓ Rents falling 2.2% YoY
HUD FY2025 · Official government data · Updated annually · Metro pop. 47,932
Market Overview
Curry County, NM has rental prices ranging from $667/month to $1,634/month in 2025, depending on unit size. The typical 1-bedroom apartment rents for $805/month — 42% below the national average of $1,400/month. With a median household income of $56,259/year, spending $805/month on a 1-bedroom represents 17% of gross income — within the recommended 30% threshold.
How Curry County Compares
With an average 2-bedroom rent of $973/month, Curry County ranks #9 most expensive of the 30 cities tracked in New Mexico — pricier than 59% of all US cities in our data.
The Curry County Rental Market
The Curry County, NM area has a population of about 47,932 and 39% of households renting rather than owning. That renter share runs above the US average of ~34%, pointing to a competitive rental market where vacancies clear quickly and rents are less negotiable.
Rent Trends
2-bedroom rents in Curry County, NM have fallen by $22/month (2.2%) over the past year, from $995 to $973. This slight decline is consistent with broader market corrections seen across US rental markets.
Affordability
To afford a 1-bedroom apartment in Curry County, NM without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $32,200. The local median household income of $56,259 exceeds that threshold by $24,059, making Curry County relatively accessible compared to local wages.
Economy & Jobs
Curry County, NM has an unemployment rate of 4.7%, 0.8 percentage points above the national average of 3.9%. A higher unemployment rate can moderate rental demand over time, which may help keep rent growth in check compared to tighter job markets.
Fair Market Rents
HUD FY2025Is Curry County, NM Affordable?
Income needed to rent or buy, price history, and how this city compares to nearby metros.
Affordability Index(30% income rule)
Nearby Cities in NMlargest metros in the state
| City | Studio | 1BR | 2BR | 3BR | Home Value |
|---|---|---|---|---|---|
| Albuquerque | $913 | $1,084 | $1,331 | $1,865 | — |
| Las Cruces | $741 | $940 | $1,041 | $1,447 | — |
| Santa Fe | $1,235 | $1,368 | $1,627 | $2,057 | — |
| Farmington | $841 | $855 | $1,034 | $1,449 | — |
| Lea County | $806 | $862 | $1,131 | $1,397 | — |
| McKinley County | $652 | $799 | $951 | $1,169 | — |
Rent or Buy in Curry County?
Break-even analysis and mortgage estimates based on local market data.
Should I Rent or Buy?
Break-even analysis using real Curry County data
Buying breaks even after 5 years — worth it if you stay 5+ years.
Living in Curry County
Cost of living, job market, crime rates, and moving cost estimates.
Moving Cost Estimator
Estimate your moving costs based on FMCSA public mover data
Select your origin state to see the estimate
Frequently Asked Questions
Explore More
Compare rent & home prices by neighborhood
💵Rent Affordability in Curry CountySalary needed to afford rent here
🗺️All Cities in NMSee how Curry County ranks statewide
⚖️Compare Curry CountySide-by-side rent & cost of living with any city
📋NM Tenant RightsDeposit limits, eviction laws & renters protections