Average Rent in Guadalupe County, NM↑ Rents rising 6.4% YoY🔻 Cheapest in NM
HUD FY2025 · Official government data · Updated annually · Metro pop. 4,379
Market Overview
Guadalupe County, NM has rental prices ranging from $678/month to $1,549/month in 2025, depending on unit size. The typical 1-bedroom apartment rents for $826/month — 41% below the national average of $1,400/month. With a median household income of $40,149/year, spending $826/month on a 1-bedroom represents 25% of gross income — within the recommended 30% threshold.
How Guadalupe County Compares
With an average 2-bedroom rent of $933/month, Guadalupe County ranks #30 most expensive of the 30 cities tracked in New Mexico — more affordable than 60% of all US cities in our data.
The Guadalupe County Rental Market
The Guadalupe County, NM area has a population of about 4,379 and 22% of households renting rather than owning. That renter share runs below the US average of ~34%, a more homeowner-heavy market where rental inventory can be limited.
Rent Trends
2-bedroom rents in Guadalupe County, NM have risen by $56/month (6.4%) over the past year, from $877 to $933. This modest growth is consistent with broader inflationary trends seen across US rental markets.
Affordability
To afford a 1-bedroom apartment in Guadalupe County, NM without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $33,040. The local median household income of $40,149 exceeds that threshold by $7,109, making Guadalupe County relatively accessible compared to local wages.
Economy & Jobs
Guadalupe County, NM has an unemployment rate of 5.3%, 1.4 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 Guadalupe 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 Guadalupe County?
Break-even analysis and mortgage estimates based on local market data.
Should I Rent or Buy?
Break-even analysis using real Guadalupe County data
Renting appears to be the better financial choice for this scenario.
Living in Guadalupe County
Cost of living, job market, crime rates, and moving cost estimates.
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Frequently Asked Questions
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💵Rent Affordability in Guadalupe CountySalary needed to afford rent here
🗺️All Cities in NMSee how Guadalupe County ranks statewide
⚖️Compare Guadalupe CountySide-by-side rent & cost of living with any city
📋NM Tenant RightsDeposit limits, eviction laws & renters protections