Housing decision brief
De Baca County, NM Housing Market
De Baca County screens as a below-state purchase price, below-state rent, a manageable tax-rate signal market. Use the page as a decision brief, not just a price lookup, because local income, taxes, and data confidence change how affordable the county really is.
16th lowest home value out of 33 New Mexico counties with data | 9th lowest rent out of 33
Median home value
$158,000
Purchase-price signal from Census ACS.
Median rent
$727/mo
Gross rent, including utilities where reported.
Monthly owner cost
$503/mo
Owner costs before individual loan terms.
Decision snapshot
Read this county in four signals.
Buy screen
3.9x
Median home value divided by local household income.
Rent burden
37.0%
At or above the 30% burden threshold.
Rent vs own
$224/mo
Median owner cost screens below median rent.
Data confidence
2 notes
Home-value estimate has a $105,659 ACS margin of error.
What Works
Lower purchase price
$158,000 median home value is 2% below New Mexico county median
Lower rent
$727/mo is 10% below New Mexico county median
Owning screens cheaper than renting
Median owner costs are $224/mo below median rent before individual mortgage terms.
Low disaster-risk signal
Risk score is 96.0 out of 100, a stronger cross-check for long-term ownership costs.
What to Check
Lower income base
$40,804 median income is 21% below New Mexico county median
Health context
Health score is 26.6 out of 100, so affordability should be weighed against local health indicators.
Crime data coverage
Crime data coverage is partial. Treat zero or low crime rates as incomplete until you check the source coverage.
Wide home-value margin
The ACS margin of error on home value is $105,659, so exact rankings should be read as directional.
Best Fit For
- Households weighing ownership against renting
- Long-term owners who care about disaster-risk exposure
- Remote earners or cash buyers looking below the state price line
Poor Fit For
- Households dependent on a deep local wage market
- Anyone treating reported crime rates as complete without source context
County vs State vs National
The county number only matters after you see the benchmark. These comparisons show where De Baca County is genuinely cheap, where it is average, and where the hidden cost may be.
| Metric | County | State | U.S. | Signal |
|---|---|---|---|---|
Median home value Lower usually helps affordability. | $158,000 | $160,800 | $281,900 | Near state median2% below New Mexico county median |
Median gross rent Lower usually helps affordability. | $727 | $810 | $1,163 | 10% favorable10% below New Mexico county median |
Monthly owner cost Lower usually helps affordability. | $503 | $628 | $1,672 | 20% favorable20% below New Mexico county median |
Median household income | $40,804 | $51,765 | $74,755 | 21% pressure21% below New Mexico county median |
Effective property-tax rate Lower usually helps affordability. | 0.50% | 0.55% | 1.02% | 10% favorable10% below New Mexico county median |
Rent burden Lower usually helps affordability. | 37.00% | 29.00% | N/A | 28% pressure37.00% of renter income goes to rent. |
Income Fit
A low price only helps if local income can carry the monthly cost. This panel compares the county income base with rent and owner-cost thresholds.
Rent cushion
+$11,724
Median income minus rent threshold.
Owner cushion
+$19,247
Median income minus owner-cost threshold.
Affordability Advisory
This turns the raw housing numbers into income and buy-versus-rent screens.
Affordability verdict
For renters in De Baca County, the market is affordable. Expect to pay around $727/month in gross rent, with 37.0% of renter households considered cost-burdened.
Rent vs own
Renters in De Baca County pay $727/month on average, compared to $503/month for homeowners. This market favors buyers by about 31%.
Income needed
To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $29,080/year. For owner costs at the 28% rule, the required income is roughly $21,557/year. With a median household income of $40,804, most households can comfortably afford rent here. Notably, 37.0% of renter households in De Baca County are cost-burdened, spending more than 30% of income on housing.
Regional context
De Baca County sits 7% less expensive than Mora County ($785/month) in terms of median gross rent.
Better Counties to Compare
Similar counties are matched on home value, rent, income, and state context. This is more useful than a simple nearest-price list.
| County | Home Value | Rent | Why compare |
|---|---|---|---|
| Sierra County, NM | $144,800 | $695/mo | Same-state comparison near $144,800 home value and $695/mo rent. |
| Catron County, NM | $171,800 | $740/mo | Same-state comparison near $171,800 home value and $740/mo rent. |
| Grant County, NM | $164,400 | $810/mo | Same-state comparison near $164,400 home value and $810/mo rent. |
| Colfax County, NM | $161,000 | $704/mo | Same-state comparison near $161,000 home value and $704/mo rent. |
| San Miguel County, NM | $177,600 | $774/mo | Same-state comparison near $177,600 home value and $774/mo rent. |
Data Confidence
- Home-value estimate has a $105,659 ACS margin of error.
- Crime coverage is partial, so safety comparisons need source context.
Next Checks
Housing Questions for De Baca County
Is De Baca County affordable for buying a home?
Is renting or owning cheaper in De Baca County?
How much income do you need for housing in De Baca County?
What should I double-check before moving to De Baca County?
Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.