Housing data for Los Chaves, NM

Los Chaves, NM has an estimated 4,838 residents and 2,089 homes (US Census Bureau, 2020–2024 American Community Survey).

It is an unincorporated community in Valencia County.

6.7% of households rent.

The median gross rent is $833 a month.

Its population shrank measurably since 2015–2019 (−20.8%).

Figures last updated on .

Residents
4,838 (±730)
Housing units
2,089 (±248)
Households that rent
6.7%
Median gross rent
$833
Residents since 2015–2019
−20.8%

What stands out in Los Chaves

Rental vacancy rate: 32.2% (±29.4 points) in Los Chaves, higher than in Valencia County (2.7%).

Households that rent: 6.7% (±4.8 points) in Los Chaves, lower than in Valencia County (16.8%).

Median household income: $79,662 (±$19,360) in Los Chaves, higher than in Valencia County ($58,933).

Median gross rent: $833 (±$127) in Los Chaves, lower than in Valencia County ($1,015).

Housing in Los Chaves at a glance

  • Median rent: $833 median gross rent a month
  • Rent by bedrooms: $777 median gross rent, 2 bedrooms (Small sample: wide margin of error)
  • Rent burden: 65.5% of renters pay 30% or more of income
  • Renters and owners: 6.7% of households rent (Small sample: wide margin of error)
  • Income and affordability: $79,662 median household income
  • Home values: $285,700 median home value
  • Homeowner costs: $1,709 median monthly cost with a mortgage
  • Property taxes: $1,637 median real estate taxes a year
  • Types of homes: 0.0% of homes are in buildings of 5 or more units
  • Bedrooms: 81.8% of homes have 3 or more bedrooms
  • Age of homes: 33.6% of homes were built before 1980
  • Vacancy rate: 32.2% rental vacancy rate (Small sample: wide margin of error)
  • Heating fuel: 68.7% heat with utility gas
  • Commute and cars: 26.6 minutes average trip to work
  • Growth: −20.8% residents since 2015–2019
  • How long people stay: 20.9% moved in since 2020
  • Crowding and facilities: 0.7% of homes have more than 1 person per room (Small sample: wide margin of error)

Los Chaves against Valencia County, its state and the nation

Estimate (90% margin of error)
Los ChavesValencia CountyNew MexicoUnited States
Residents4,838 (±730)78,458 (exact)2,120,246 (exact)334,922,499
Housing units2,089 (±248)30,756 (±98)956,964 (±262)143,775,355
Households that rent6.7% (±4.8 points)16.8% (±2.1 points)30.0% (±0.4 points)34.8%
Median gross rent$833 (±$127)$1,015 (±$70)$1,067 (±$11)$1,413
Median household income$79,662 (±$19,360)$58,933 (±$4,230)$64,059 (±$808)$80,734
Median home value$285,700 (±$91,382)$223,000 (±$8,792)$248,100 (±$1,957)$332,700
Median real estate taxes (a year)$1,637 (±$356)$1,374 (±$55)$1,731 (±$19)$3,119
Built before 198033.6% (±10.6 points)31.3% (±2.8 points)42.7% (±0.5 points)49.7%
Average commute26.6 minutes (±3.4)30.2 minutes (±1.3)23.5 minutes (±0.3)26.4 minutes
Households with broadband92.8% (±4.9 points)83.8% (±2.0 points)86.5% (±0.3 points)91.0%
Median age of residents49.9 years (±9.8)39.4 years (±0.4)39.4 years (±0.1)38.9 years

Los Chaves covers 11.4 square miles of land, about 423 residents per square mile (Census Bureau Gazetteer).

How Los Chaves has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Residents6,109 (±754)4,838 (±730)−20.8%Measurable decrease
Housing units2,301 (±152)2,089 (±248)−9.2%Not a measurable change
Median gross rent$881 (±$209)$833 (±$127)−5.4%No measurable change after inflation
Median home value$162,500 (±$13,019)$285,700 (±$91,382)+75.8%No measurable change after inflation
Median household income$70,505 (±$16,583)$79,662 (±$19,360)+13.0%No measurable change after inflation
Median owner cost with a mortgage$1,329 (±$132)$1,709 (±$275)+28.6%No measurable change after inflation
Median real estate taxes$1,030 (±$185)$1,637 (±$356)+58.9%No measurable change after inflation
Households that rent2.3% (±2.4 points)6.7% (±4.8 points)+4.4 percentage pointsNot a measurable change
Rental vacancy rate0.0% (±23.4 points)32.2% (±29.4 points)+32.2 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 Valencia County

Los Chaves has no police department of its own in the FBI’s figures, so this is the figure for Valencia County as a whole.

In 2025, the police departments that report for Valencia County recorded 618 violent and 1,673 property crimes per 100,000 residents.

A county-wide figure describes the whole county, not this place; crime varies from one community to the next.

Places near Los Chaves

Nearest places with Census figures, by straight-line distance
PlaceDistanceMedian gross rentMedian home valueHouseholds that rent
Tome2.1 mi$1,385$269,30012.0%
Belen3.5 mi$916$166,10026.8%
Los Lunas4.9 mi$1,110$262,90024.0%
El Cerro4.9 mi$723$311,5005.5%
Las Maravillas5.5 mi—$230,0006.4%
Valencia6.5 mi$668$262,9008.8%
Rio Communities6.6 mi$1,055$205,90024.1%
El Cerro Mission7.0 mi—$115,30014.6%

Places in New Mexico most like Los Chaves

PlaceMedian gross rentMedian home valueMedian household incomeHouseholds that rent
El Cerro$723$311,500$106,1365.5%
Sandia Knolls$1,107$293,900$91,82712.0%
La Mesilla$1,012$315,800$81,43812.6%
Bosque Farms$897$293,100$82,18810.9%
Tijeras$775$260,600$78,17315.3%
San Ysidro (community)$916$335,300$89,47315.0%

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 Los Chaves, 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 Los Chaves, 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.

Los Chaves is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.

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 Los Chaves

What is the average rent in Los Chaves, NM?

The Census Bureau publishes the median rather than the average: the median gross rent in Los Chaves is $833 (±$127) a month (2020–2024 American Community Survey), so half of renting households pay less and half pay more.

Are renters in Los Chaves rent-burdened?

65.5% of renting households in Los Chaves 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 Los Chaves?

The median household income in Los Chaves is $79,662 (±$19,360) a year (2020–2024 American Community Survey).

What is the average home value in Los Chaves, NM?

The Census Bureau publishes the median: $285,700 (±$91,382) for owner-occupied homes in Los Chaves (2020–2024 American Community Survey).

What is the average mortgage payment in Los Chaves?

The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Los Chaves, NM is $1,709 (±$275) a month, including taxes, insurance and utilities.

How much are property taxes in Los Chaves?

The median real estate tax paid by homeowners in Los Chaves, NM is $1,637 (±$356) a year (2020–2024 American Community Survey).

Is Los Chaves growing?

In Los Chaves, the number of residents went from 6,109 in 2015–2019 to 4,838 in 2020–2024 (−20.8%), a measurable decrease.

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 Los Chaves CDP, New Mexico (place:42740, 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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