San Juan County New Mexico Residential Rent and Rental Statistics
The median monthly gross residential rent in San Juan County NM was $749 in 2019 according to the Census ACS survey.1 Average gross rent in San Juan County was $669 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 San Juan County median and average rent data will be released in September of 2021.
Data is also available below for San Juan County rental vacancy rates, San Juan County rent as a percent of median income and the fraction of renters in San Juan County.
Real Gross Rent in San Juan 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% |
| San Juan County NM Median Gross Rent | $749 | -13.61% | -12.81% |
San Juan County NM Real Gross Rent Trends
Median gross rent for San Juan County peaked in real terms in 2018 at $867 and is now $118 (13.61%) lower. Average gross rent for San Juan County peaked in real terms in 2016 at $816 and is now $147 (18.01%) lower.
Real Gross Rent: San Juan County NM Median, San Juan County NM Average, New Mexico Median, US Median
Real Gross Rent History for San Juan County
| Date | US Median |
New Mexico Median |
San Juan County NM Median |
San Juan County NM Average |
|---|---|---|---|---|
| 2019 | $1,097 | $847 | $749 | $669 |
| 2018 | $1,077 | $845 | $867 | $760 |
| 2017 | $1,043 | $838 | $806 | $792 |
| 2016 | $1,027 | $842 | $859 | $816 |
| 2015 | $1,017 | $831 | $817 | $752 |
| 2014 | $986 | $820 | $790 | $790 |
| 2013 | $953 | $813 | $760 | $699 |
| 2012 | $940 | $801 | $744 | $769 |
| 2011 | $941 | $787 | $791 | $760 |
| 2010 | $955 | $781 | $829 | $724 |
| 2009 | $960 | $775 | $749 | $742 |
| 2007 | $927 | $748 | $724 | $703 |
| 2005 | $910 | $734 | $749 | $716 |
San Juan 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 San Juan County New Mexico was 11.73% according to Census ACS data.
Rental Vacancy Rate in San Juan 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% |
| San Juan County NM | 11.73% | +3.11% | +4.43% |
Trends in San Juan County NM Rental Vacancy Rate
The rental vacancy rate in San Juan County peaked in 2013 at 20.17%. Since then it has fallen by 8.44% to 11.73%. Data records for this series originated in 2005. From a 2014 post peak low of 4.32%, the rental vacancy rate has increased by 7.41%.
Rental Vacancy Rate: San Juan County NM, New Mexico, US
Historical Rental Vacancy Rate data for San Juan County
| Date | US | New Mexico | San Juan County NM |
|---|---|---|---|
| 2019 | 5.97% | 8.05% | 11.73% |
| 2018 | 6.15% | 8.31% | 8.62% |
| 2017 | 6.18% | 8.29% | 8.44% |
| 2016 | 5.89% | 9.86% | 7.30% |
| 2015 | 5.85% | 8.75% | — |
| 2014 | 6.32% | 8.41% | 4.32% |
| 2013 | 6.49% | 9.01% | 20.17% |
| 2012 | 6.77% | 8.62% | 16.94% |
| 2011 | 7.40% | 7.42% | — |
| 2010 | 8.17% | 7.31% | 8.17% |
| 2009 | 8.43% | 9.74% | — |
| 2007 | 7.87% | 9.64% | — |
| 2005 | 7.74% | 7.47% | — |
Rent as a Fraction of Income
Using median household income data for San Juan County, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For San Juan County, median monthly gross rent as a fraction of median household income was 20.28% in 2019 according to the ACS.
San Juan 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% |
| San Juan County NM | 20.28% | -2.52% | +1.36% |
Trends in San Juan County NM Rent as a Fraction of Income
The fraction of median San Juan County household income required to pay median monthly gross rent peaked in 2018 (relative to the 2005 series origin) at 22.80%. Since then it has fallen by 2.52% to 20.28%.
Fraction of Income towards Rent: San Juan County NM, New Mexico, US
Historical Data for Annual Rent as a Fraction of Income in San Juan County New Mexico
| Date | US | New Mexico | San Juan County NM |
|---|---|---|---|
| 2019 | 20.03% | 19.57% | 20.28% |
| 2018 | 20.50% | 21.12% | 22.80% |
| 2017 | 20.13% | 20.87% | 20.43% |
| 2016 | 20.43% | 20.64% | 18.92% |
| 2015 | 20.63% | 20.70% | 18.62% |
| 2014 | 20.89% | 20.81% | 18.40% |
| 2013 | 20.78% | 21.12% | 19.79% |
| 2012 | 20.65% | 21.23% | 18.08% |
| 2011 | 20.70% | 20.85% | 16.98% |
| 2010 | 20.50% | 19.93% | 19.73% |
| 2009 | 20.12% | 18.96% | 16.75% |
| 2007 | 18.66% | 18.44% | 16.92% |
| 2005 | 18.89% | 18.79% | 19.94% |
Renter Fraction in San Juan County New Mexico
You can calculate the renter fraction in San Juan 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 San Juan County as a fraction of total San Juan County households. In 2019 33.35% of households were renters according to Census ACS data.
San Juan 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% |
| San Juan County NM | 33.35% | +4.97% | +4.30% |
Trends in the San Juan County NM Renter Fraction
At 33.35%, the 2019 household based renter fraction in San Juan County was at its highest level. The origin year for the series is 2005.
Fraction of Renting Households: San Juan County NM, New Mexico, US
History of San Juan County Renter Fraction
| Date | US | New Mexico | San Juan County NM |
|---|---|---|---|
| 2019 | 35.89% | 31.93% | 33.35% |
| 2018 | 36.05% | 33.84% | 28.38% |
| 2017 | 36.13% | 32.08% | 26.01% |
| 2016 | 36.88% | 32.61% | 29.05% |
| 2015 | 36.97% | 32.55% | 28.67% |
| 2014 | 36.90% | 33.09% | 29.94% |
| 2013 | 36.50% | 32.09% | 25.54% |
| 2012 | 36.09% | 32.27% | 25.53% |
| 2011 | 35.42% | 31.84% | 23.66% |
| 2010 | 34.65% | 32.06% | 29.67% |
| 2009 | 34.13% | 30.67% | 22.26% |
| 2007 | 32.80% | 29.99% | 26.54% |
| 2005 | 33.10% | 30.70% | 21.08% |
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. ↩
Department of Numbers
The Department of Numbers contextualizes public data so that individuals can form independent opinions on everyday social and economic matters.
Here's where you are
- Home
- / Rent
- / New Mexico
- / San Juan County
