Dona Ana County New Mexico Residential Rent and Rental Statistics
The median monthly gross residential rent in Dona Ana County NM was $752 in 2019 according to the Census ACS survey.1 Average gross rent in Dona Ana County was $692 in 2019. The median rent more accurately depicts rental rates in the middle of the distribution of rents and is thus preferred in the analysis below. 2020 Dona Ana County median and average rent data will be released in September of 2021.
Data is also available below for Dona Ana County rental vacancy rates, Dona Ana County rent as a percent of median income and the fraction of renters in Dona Ana County.
Real Gross Rent in Dona Ana County New Mexico (2019 dollars)2
2019 | 1 Year Change | 3 Year Change | |
---|---|---|---|
US Median Gross Rent | $1,097 | +1.86% | +6.82% |
New Mexico Median Gross Rent | $847 | +0.24% | +0.59% |
Dona Ana County NM Median Gross Rent | $752 | +8.99% | -4.08% |
Dona Ana County NM Real Gross Rent Trends
Median gross rent for Dona Ana County peaked in real terms in 2015 at $786 and is now $34 (4.33%) lower. Average gross rent for Dona Ana County peaked in real terms in 2014 at $811 and is now $119 (14.67%) lower.
Real Gross Rent: Dona Ana County NM Median, Dona Ana County NM Average, New Mexico Median, US Median
Real Gross Rent History for Dona Ana County
Date | US Median |
New Mexico Median |
Dona Ana County NM Median |
Dona Ana County NM Average |
---|---|---|---|---|
2019 | $1,097 | $847 | $752 | $692 |
2018 | $1,077 | $845 | $690 | $713 |
2017 | $1,043 | $838 | $738 | $721 |
2016 | $1,027 | $842 | $784 | $772 |
2015 | $1,017 | $831 | $786 | $778 |
2014 | $986 | $820 | $772 | $811 |
2013 | $953 | $813 | $684 | $700 |
2012 | $940 | $801 | $749 | $747 |
2011 | $941 | $787 | $704 | $724 |
2010 | $955 | $781 | $716 | $735 |
2009 | $960 | $775 | $683 | $687 |
2007 | $927 | $748 | $696 | $698 |
2005 | $910 | $734 | $679 | $674 |
Dona Ana County Rental Vacancy Rate
The rental vacancy rate is the fraction of homes for rent that are not occupied.3 In 2019 the rental vacancy rate for Dona Ana County New Mexico was 10.61% according to Census ACS data.
Rental Vacancy Rate in Dona Ana County New Mexico
2019 | 1 Year Change | 3 Year Change | |
---|---|---|---|
US | 5.97% | -0.18% | +0.08% |
New Mexico | 8.05% | -0.26% | -1.81% |
Dona Ana County NM | 10.61% | +4.61% | +3.76% |
Trends in Dona Ana County NM Rental Vacancy Rate
The rental vacancy rate in Dona Ana County peaked in 2017 at 11.49%. Since then it has fallen by 0.88% to 10.61%. Data records for this series originated in 2005.
Rental Vacancy Rate: Dona Ana County NM, New Mexico, US
Historical Rental Vacancy Rate data for Dona Ana County
Date | US | New Mexico | Dona Ana County NM |
---|---|---|---|
2019 | 5.97% | 8.05% | 10.61% |
2018 | 6.15% | 8.31% | 6.00% |
2017 | 6.18% | 8.29% | 11.49% |
2016 | 5.89% | 9.86% | 6.85% |
2015 | 5.85% | 8.75% | 8.23% |
2014 | 6.32% | 8.41% | 8.35% |
2013 | 6.49% | 9.01% | 5.55% |
2012 | 6.77% | 8.62% | 10.18% |
2011 | 7.40% | 7.42% | 6.00% |
2010 | 8.17% | 7.31% | 5.56% |
2009 | 8.43% | 9.74% | 7.82% |
2007 | 7.87% | 9.64% | 9.70% |
2005 | 7.74% | 7.47% | 7.69% |
Rent as a Fraction of Income
Using median household income data for Dona Ana County, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Dona Ana County, median monthly gross rent as a fraction of median household income was 20.97% in 2019 according to the ACS.
Dona Ana County New Mexico Median Annual Rent as a Fraction of Median Household Income
2019 | 1 Year Change | 3 Year Change | |
---|---|---|---|
US | 20.03% | -0.47% | -0.40% |
New Mexico | 19.57% | -1.55% | -1.07% |
Dona Ana County NM | 20.97% | -2.11% | -3.00% |
Trends in Dona Ana County NM Rent as a Fraction of Income
The fraction of median Dona Ana County household income required to pay median monthly gross rent peaked in 2016 (relative to the 2005 series origin) at 23.97%. Since then it has fallen by 3.00% to 20.97%.
Fraction of Income towards Rent: Dona Ana County NM, New Mexico, US
Historical Data for Annual Rent as a Fraction of Income in Dona Ana County New Mexico
Date | US | New Mexico | Dona Ana County NM |
---|---|---|---|
2019 | 20.03% | 19.57% | 20.97% |
2018 | 20.50% | 21.12% | 23.07% |
2017 | 20.13% | 20.87% | 23.13% |
2016 | 20.43% | 20.64% | 23.97% |
2015 | 20.63% | 20.70% | 22.28% |
2014 | 20.89% | 20.81% | 22.21% |
2013 | 20.78% | 21.12% | 21.46% |
2012 | 20.65% | 21.23% | 22.49% |
2011 | 20.70% | 20.85% | 21.67% |
2010 | 20.50% | 19.93% | 21.83% |
2009 | 20.12% | 18.96% | 20.12% |
2007 | 18.66% | 18.44% | 20.11% |
2005 | 18.89% | 18.79% | 21.99% |
Renter Fraction in Dona Ana County New Mexico
You can calculate the renter fraction in Dona Ana County in at least two ways: by housing units or by population. I've gone with the housing units measure here. This measure looks at the number of renting households in Dona Ana County as a fraction of total Dona Ana County households. In 2019 35.43% of households were renters according to Census ACS data.
Dona Ana County Fraction of Renters by Household Units
2019 | 1 Year Change | 3 Year Change | |
---|---|---|---|
US | 35.89% | -0.16% | -0.99% |
New Mexico | 31.93% | -1.91% | -0.68% |
Dona Ana County NM | 35.43% | -4.07% | -4.81% |
Trends in the Dona Ana County NM Renter Fraction
The Dona Ana County household renter fraction peaked in in 2016 at 40.24% and is now 4.81% below that level. The origin year for the series is 2005.
Fraction of Renting Households: Dona Ana County NM, New Mexico, US
History of Dona Ana County Renter Fraction
Date | US | New Mexico | Dona Ana County NM |
---|---|---|---|
2019 | 35.89% | 31.93% | 35.43% |
2018 | 36.05% | 33.84% | 39.50% |
2017 | 36.13% | 32.08% | 35.66% |
2016 | 36.88% | 32.61% | 40.24% |
2015 | 36.97% | 32.55% | 37.12% |
2014 | 36.90% | 33.09% | 38.79% |
2013 | 36.50% | 32.09% | 35.73% |
2012 | 36.09% | 32.27% | 34.77% |
2011 | 35.42% | 31.84% | 33.41% |
2010 | 34.65% | 32.06% | 37.06% |
2009 | 34.13% | 30.67% | 34.48% |
2007 | 32.80% | 29.99% | 34.18% |
2005 | 33.10% | 30.70% | 34.73% |
1. Gross rent is defined as contract rent plus the estimated average monthly cost of utilities (electricity, gas, water, and sewer) and fuel (oil, coal, kerosene, wood, etc.). Because some rentals include utilities and others don't, gross rent is a way of normalizing the variability. ↩
2. Real dollars are calculated using the CPI-U less shelter series. ↩
3. The rental vacancy rate is computed by dividing the number of vacant units for rent by the sum of the renter-occupied units, vacant units that are for rent, and vacant units that have been rented but not yet occupied. ↩