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Highest gross rent yields in New Mexico

Harding County leads New Mexico at 17.79% gross rent yield, on a median rent of $1,038 and a median home value of $70,000. Census median rent relative to Census median home value, ranked for long-term landlords.

Highest county yield
17.79%
Harding County
Median gross rent
$1,038
ACS B25064
Median home value
$70,000
ACS B25077
State yield
5.16%
State median rent and value

Counties ranked by gross rent yield

1Harding County$1,038$276$70,000$45,24017.79%
2McKinley County$859$56$78,700$5,11813.10%
3Quay County$712$150$87,200$16,0349.80%
4Hidalgo County$814$97$111,000$8,7578.80%
5Mora County$887$354$122,600$40,8248.68%
6Roosevelt County$898$75$135,800$13,7237.94%
7Cibola County$759$79$125,400$29,1657.26%
8Lea County$1,101$52$184,000$8,8317.18%
9Curry County$1,024$83$171,200$7,1187.18%
10Otero County$962$61$162,700$7,4867.10%
11Eddy County$1,245$119$212,600$9,3677.03%
12Union County$683$120$122,700$18,4736.68%
13Chaves County$867$61$156,400$9,2526.65%
14Torrance County$872$37$159,700$12,5466.55%
15Guadalupe County$590$386$110,000$14,1706.44%
16Luna County$650$95$128,000$15,1806.09%
17Socorro County$691$171$137,500$30,6196.03%
18San Juan County$956$44$193,800$6,6715.92%
19Sierra County$729$44$152,600$15,6875.73%
20Grant County$825$28$175,600$11,3705.64%
21Valencia County$1,015$70$223,000$8,7925.46%
22Sandoval County$1,427$37$313,800$6,5935.46%
23Catron County$736$581$167,000$63,3965.29%
24San Miguel County$823$86$188,500$18,1585.24%
25Colfax County$729$59$167,200$14,8115.23%
26Doña Ana County$934$32$220,800$5,5565.08%
27Lincoln County$956$68$233,200$22,9204.92%
28Bernalillo County$1,144$17$292,900$3,4234.69%
29Santa Fe County$1,389$58$446,300$9,3193.73%
30Rio Arriba County$740$85$243,700$17,8403.64%
31Los Alamos County$1,375$119$495,800$24,6073.33%
32Taos County$1,034$143$382,800$37,7763.24%
33De Baca County$387$359$187,500$163,1832.48%

Method

Gross rent yield equals Census median gross rent (ACS table B25064) times 12, divided by Census median home value (ACS table B25077). The percent shown is that ratio rounded half up to the nearest 0.01 percentage point. State rows use the state estimate. County rows use the county estimate. A place is left out when either median is missing or not positive. Margins of error are the ACS margins published for each median. Rank is the unrounded ratio, then the place name.

Source: U.S. Census Bureau American Community Survey 2024 5-year, tables B25064 and B25077, as of 2024-07-01 (data years 2020-2024), retrieved 2026-10-09, https://data.census.gov/table/ACSDT5Y2024.B25064.

Frequently asked questions

What is the highest gross rent yield in New Mexico?

Harding County at 17.79%. Median gross rent is $1,038 (margin of error $276). Median home value is $70,000 (margin of error $45,240).

What is the lowest gross rent yield in New Mexico?

De Baca County at 2.48%. Median gross rent is $387 (margin of error $359). Median home value is $187,500 (margin of error $163,183).

What is the state-level gross rent yield in New Mexico?

5.16%. Median gross rent is $1,067 (margin of error $11). Median home value is $248,100 (margin of error $1,957).