Housing decision brief
Roosevelt County, NM Housing Market
Roosevelt County screens as a below-state purchase price, rent that needs comparison, 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.
10th lowest home value out of 33 New Mexico counties with data | 20th lowest rent out of 33
Median home value
$136,000
Purchase-price signal from Census ACS.
Median rent
$863/mo
Gross rent, including utilities where reported.
Monthly owner cost
$868/mo
Owner costs before individual loan terms.
Decision snapshot
Read this county in four signals.
Buy screen
2.6x
Median home value divided by local household income.
Rent burden
29.0%
Below 30% usually screens as less pressured.
Rent vs own
$5/mo
Median rent screens below owner cost.
Data confidence
1 note
Crime coverage is partial, so safety comparisons need source context.
What Works
Lower purchase price
$136,000 median home value is 15% below New Mexico county median
Rent burden below pressure line
29.00% of renter income goes to rent, below the 30% burden threshold.
What to Check
Water quality cross-check
Water quality grade is F. Review water data before treating housing cost as the full story.
Health context
Health score is 38.0 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.
Best Fit For
- Buyers comparing homes to local incomes
- Remote earners or cash buyers looking below the state price line
Poor Fit For
- Buyers who will not investigate local water systems before moving
- 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 Roosevelt 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. | $136,000 | $160,800 | $281,900 | 15% favorable15% below New Mexico county median |
Median gross rent Lower usually helps affordability. | $863 | $810 | $1,163 | 7% pressure7% above New Mexico county median |
Monthly owner cost Lower usually helps affordability. | $868 | $628 | $1,672 | 38% pressure38% above New Mexico county median |
Median household income | $52,445 | $51,765 | $74,755 | Near state median1% above New Mexico county median |
Effective property-tax rate Lower usually helps affordability. | 0.44% | 0.55% | 1.02% | 21% favorable21% below New Mexico county median |
Rent burden Lower usually helps affordability. | 29.00% | 29.00% | N/A | Near state median29.00% 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
+$17,925
Median income minus rent threshold.
Owner cushion
+$15,245
Median income minus owner-cost threshold.
Affordability Advisory
This turns the raw housing numbers into income and buy-versus-rent screens.
Affordability verdict
Roosevelt County is affordable for renters, with a median gross rent of $863/month representing approximately 19.7% of median household income. The rent burden (GRAPI) stands at 29.0%.
Rent vs own
The median rent in Roosevelt County is $863/month, while owner costs run $868/month. Renting saves approximately $5/month.
Income needed
To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $34,520/year. For owner costs at the 28% rule, the required income is roughly $37,200/year. With a median household income of $52,445, most households can comfortably afford rent here. Notably, 29.0% of renter households in Roosevelt County are cost-burdened, spending more than 30% of income on housing.
Regional context
Compared to Grant County where rent averages $810/month, Roosevelt County is approximately 7% more expensive.
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 |
|---|---|---|---|
| Chaves County, NM | $141,900 | $838/mo | Same-state comparison near $141,900 home value and $838/mo rent. |
| Otero County, NM | $149,500 | $926/mo | Same-state comparison near $149,500 home value and $926/mo rent. |
| Torrance County, NM | $145,100 | $845/mo | Same-state comparison near $145,100 home value and $845/mo rent. |
| Mora County, NM | $119,900 | $785/mo | Same-state comparison near $119,900 home value and $785/mo rent. |
| Cibola County, NM | $120,000 | $724/mo | Same-state comparison near $120,000 home value and $724/mo rent. |
Data Confidence
- Crime coverage is partial, so safety comparisons need source context.
Next Checks
Housing Questions for Roosevelt County
Is Roosevelt County affordable for buying a home?
Is renting or owning cheaper in Roosevelt County?
How much income do you need for housing in Roosevelt County?
What should I double-check before moving to Roosevelt County?
Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.