Housing data for Bosque Farms, NM

Bosque Farms, NM has an estimated 4,071 residents and 1,719 homes (US Census Bureau, 2020–2024 American Community Survey).

It is a village in Valencia County.

10.9% of households rent.

The median gross rent is $897 a month.

Its population grew measurably since 2015–2019 (+5.0%).

Figures last updated on .

Residents
4,071 (±18)
Housing units
1,719 (±166)
Households that rent
10.9%
Median gross rent
$897
Residents since 2015–2019
+5.0%

What stands out in Bosque Farms

Renters paying 30% or more of income: 93.7% (±30.4 points) in Bosque Farms, higher than in Valencia County (56.2%).

Homes built before 1980: 54.8% (±12.0 points) in Bosque Farms, higher than in Valencia County (31.3%).

Median household income: $82,188 (±$14,727) in Bosque Farms, higher than in Valencia County ($58,933).

Median real estate taxes: $1,894 (±$496) in Bosque Farms, higher than in Valencia County ($1,374).

Housing in Bosque Farms at a glance

  • Median rent: $897 median gross rent a month
  • Rent by bedrooms: $842 median gross rent, 2 bedrooms (Small sample: wide margin of error)
  • Rent burden: 93.7% of renters pay 30% or more of income
  • Renters and owners: 10.9% of households rent (Small sample: wide margin of error)
  • Income and affordability: $82,188 median household income
  • Home values: $293,100 median home value
  • Homeowner costs: $1,834 median monthly cost with a mortgage
  • Property taxes: $1,894 median real estate taxes a year
  • Types of homes: 0.0% of homes are in buildings of 5 or more units
  • Bedrooms: 84.6% of homes have 3 or more bedrooms (Small sample: wide margin of error)
  • Age of homes: 54.8% of homes were built before 1980
  • Vacancy rate: 0.0% rental vacancy rate (Small sample: wide margin of error)
  • Heating fuel: 80.8% heat with utility gas
  • Commute and cars: 28.7 minutes average trip to work
  • Crime reported to police: 120 violent crimes per 100,000 residents
  • Growth: +5.0% residents since 2015–2019
  • How long people stay: 16.2% moved in since 2020
  • Crowding and facilities: 0.7% of homes have more than 1 person per room (Small sample: wide margin of error)

Bosque Farms against Valencia County, its state and the nation

Estimate (90% margin of error)
Bosque FarmsValencia CountyNew MexicoUnited States
Residents4,071 (±18)78,458 (exact)2,120,246 (exact)334,922,499
Housing units1,719 (±166)30,756 (±98)956,964 (±262)143,775,355
Households that rent10.9% (±5.4 points)16.8% (±2.1 points)30.0% (±0.4 points)34.8%
Median gross rent$897 (±$107)$1,015 (±$70)$1,067 (±$11)$1,413
Median household income$82,188 (±$14,727)$58,933 (±$4,230)$64,059 (±$808)$80,734
Median home value$293,100 (±$75,179)$223,000 (±$8,792)$248,100 (±$1,957)$332,700
Median real estate taxes (a year)$1,894 (±$496)$1,374 (±$55)$1,731 (±$19)$3,119
Built before 198054.8% (±12.0 points)31.3% (±2.8 points)42.7% (±0.5 points)49.7%
Average commute28.7 minutes (±4.4)30.2 minutes (±1.3)23.5 minutes (±0.3)26.4 minutes
Households with broadband94.6% (±3.7 points)83.8% (±2.0 points)86.5% (±0.3 points)91.0%
Median age of residents47.3 years (±4.5)39.4 years (±0.4)39.4 years (±0.1)38.9 years

Bosque Farms covers 3.9 square miles of land, about 1,035 residents per square mile (Census Bureau Gazetteer).

How Bosque Farms has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Residents3,876 (±21)4,071 (±18)+5.0%Measurable increase
Housing units1,595 (±112)1,719 (±166)+7.8%Not a measurable change
Median gross rent$933 (±$88)$897 (±$107)−3.9%Down after inflation
Median home value$209,400 (±$20,521)$293,100 (±$75,179)+40.0%No measurable change after inflation
Median household income$52,105 (±$13,528)$82,188 (±$14,727)+57.7%No measurable change after inflation
Median owner cost with a mortgage$1,384 (±$98)$1,834 (±$201)+32.5%No measurable change after inflation
Median real estate taxes$1,427 (±$153)$1,894 (±$496)+32.7%No measurable change after inflation
Households that rent8.7% (±3.8 points)10.9% (±5.4 points)+2.2 percentage pointsNot a measurable change
Rental vacancy rate0.0% (±21.6 points)0.0% (±21.3 points)0.0 percentage pointsNot a measurable change

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Crime reported to police in Bosque Farms

In 2025, the Bosque Farms Police Department reported 120 violent and 792 property crimes per 100,000 residents to the FBI.

Across Valencia County, the departments that report recorded 618 violent and 1,673 property crimes per 100,000 residents that year.

ZIP codes in Bosque Farms

ZIP Code Tabulation Areas that cover this place (2020–2024 estimates)
ZIP codeShare of the ZIP’s land in this placeResidentsMedian gross rentMedian home valueMedian household income
8706811%5,432$907$263,500$79,602

A ZIP code is a mail route rather than a boundary, so the Census Bureau publishes figures for ZIP Code Tabulation Areas built from census blocks; the share column says how much of each one’s land lies in this place.

Places near Bosque Farms

Nearest places with Census figures, by straight-line distance
PlaceDistanceMedian gross rentMedian home valueHouseholds that rent
Peralta1.9 mi$1,246$299,20017.0%
Valencia3.4 mi$668$262,9008.8%
Isleta3.5 mi—$159,0008.9%
El Cerro5.1 mi$723$311,5005.5%
Los Lunas6.2 mi$1,110$262,90024.0%
El Cerro Mission6.7 mi—$115,30014.6%
Tome8.0 mi$1,385$269,30012.0%
Meadow Lake8.2 mi$908$77,90017.2%

Places in New Mexico most like Bosque Farms

PlaceMedian gross rentMedian home valueMedian household incomeHouseholds that rent
Tijeras$775$260,600$78,17315.3%
El Rancho$1,070$281,400$80,41722.2%
Peralta$1,246$299,200$73,13117.0%
Los Chaves$833$285,700$79,6626.7%
Sandia Knolls$1,107$293,900$91,82712.0%
El Cerro$723$311,500$106,1365.5%

Matched on rent, home value, income, the share who rent, the age of the homes, the share in apartment buildings and the commute, each measured against the spread across New Mexico.

HUD Fair Market Rent for Bosque Farms, fiscal year 2027

Albuquerque, NM MSA, dollars a month
Studio1 bedroom2 bedrooms3 bedrooms4 bedrooms
$977$1,112$1,384$1,902$2,242

HUD income limits for Bosque Farms, fiscal year 2026

Albuquerque, NM MSA, annual household income
Household sizeExtremely low (30%)Very low (50%)Low (80%)
1 person$21,100$35,150$56,250
2 people$24,100$40,200$64,250
3 people$27,320$45,200$72,300
4 people$33,000$50,200$80,300
5 people$38,680$54,250$86,750
6 people$44,360$58,250$93,150
7 people$50,040$62,250$99,600
8 people$55,720$66,300$106,000

These are the limits HUD sets for its housing programs in the Albuquerque, NM MSA, where HUD’s median family income for fiscal year 2026 is $100,400.

A program can use its own limits; tax-credit and local programs often do.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about Bosque Farms

What is the average rent in Bosque Farms, NM?

The Census Bureau publishes the median rather than the average: the median gross rent in Bosque Farms is $897 (±$107) a month (2020–2024 American Community Survey), so half of renting households pay less and half pay more.

Are renters in Bosque Farms rent-burdened?

93.7% of renting households in Bosque Farms pay 30% or more of their income in gross rent, the share housing researchers usually call rent-burdened (2020–2024 American Community Survey).

What is the median household income in Bosque Farms?

The median household income in Bosque Farms is $82,188 (±$14,727) a year (2020–2024 American Community Survey).

What is the average home value in Bosque Farms, NM?

The Census Bureau publishes the median: $293,100 (±$75,179) for owner-occupied homes in Bosque Farms (2020–2024 American Community Survey).

What is the average mortgage payment in Bosque Farms?

The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Bosque Farms, NM is $1,834 (±$201) a month, including taxes, insurance and utilities.

How much are property taxes in Bosque Farms?

The median real estate tax paid by homeowners in Bosque Farms, NM is $1,894 (±$496) a year (2020–2024 American Community Survey).

Is Bosque Farms growing?

In Bosque Farms, the number of residents went from 3,876 in 2015–2019 to 4,071 in 2020–2024 (+5.0%), a measurable increase.

What ZIP codes are in Bosque Farms?

The ZIP code that covers Bosque Farms is 87068.

What is the median rent in ZIP code 87068?

The median gross rent in ZIP Code Tabulation Area 87068 is $907 (±$122) a month (2020–2024 American Community Survey).

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Bosque Farms village, New Mexico (place:08580, in state:35).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B01003_001E, B01003_001M, B25064_001E, B25064_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP05_0001E, DP05_0001M, DP04_0001E, DP04_0001M, DP04_0047PE, DP04_0047PM, DP04_0134E, DP04_0134M, DP03_0062E, DP03_0062M, DP04_0089E, DP04_0089M

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

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