What is the median rent in Los Chaves, NM?
The median gross rent in Los Chaves, NM is $833 (±$127) a month, according to the US Census Bureau’s 2020–2024 American Community Survey.
That is across 116 rented homes; gross rent is the contract rent plus the utilities and fuels a renter pays separately.
In Los Chaves, the median gross rent went from $881 in 2015–2019 to $833 in 2020–2024 (−5.4%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Figures last updated on .
- Median gross rent
- $833 (±$127)
- Rented homes
- 116 (±83)
- $2,000 or more
- 5.2%
- Since 2015–2019
- −5.4%
How much rent costs in Los Chaves
| Monthly gross rent | Los Chaves | Valencia County | New Mexico | United States |
|---|---|---|---|---|
| Less than $500 | 0.0% (±29.8 points) | 11.5% | 8.6% | 6.3% |
| $500 to $999 | 65.5% (±31.4 points) | 37.1% | 36.3% | 20.2% |
| $1,000 to $1,499 | 6.0% (±10.1 points) | 36.1% | 32.4% | 28.1% |
| $1,500 to $1,999 | 23.3% (±28.0 points) | 10.7% | 15.1% | 21.1% |
| $2,000 to $2,499 | 0.0% (±29.8 points) | 3.1% | 4.9% | 12.0% |
| $2,500 to $2,999 | 5.2% (±9.8 points) | 0.6% | 1.3% | 5.5% |
| $3,000 or more | 0.0% (±29.8 points) | 0.8% | 1.3% | 6.8% |
The most common range is $500 to $999, paid by 65.5% of renting households.
5.2% of rented homes in Los Chaves cost $2,000 or more a month.
Los Chaves against Valencia County, its state and the nation
| Los Chaves | Valencia County | New Mexico | United States | |
|---|---|---|---|---|
| Median gross rent | $833 (±$127) | $1,015 (±$70) | $1,067 (±$11) | $1,413 |
| Rented homes paying rent | 116 (±83) | 4,142 (±542) | 230,521 (±3,240) | 42,849,984 |
In Los Chaves, median gross rent is lower than in Valencia County ($1,015).
It is also lower than in New Mexico ($1,067).
It is lower than the national figure ($1,413).
In Valencia County, Los Chaves ranks 8 of 11 places with a published estimate, from highest to lowest median gross rent.
Statewide, it ranks 88 of 142.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How rent in Los Chaves has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median gross rent | $881 (±$209) | $833 (±$127) | −5.4% | No measurable change after inflation |
| Households that rent | 2.3% (±2.4 points) | 6.7% (±4.8 points) | +4.4 percentage points | Not a measurable change |
| Rental vacancy rate | 0.0% (±23.4 points) | 32.2% (±29.4 points) | +32.2 percentage points | Not 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.
Median gross rent in places near Los Chaves
| Place | Distance | Median gross rent | Compared with this place |
|---|---|---|---|
| Los Chaves | — | $833 (±$127) | — |
| Tome | 2.1 mi | $1,385 (±$109) | Higher |
| Belen | 3.5 mi | $916 (±$92) | Not measurably different |
| Los Lunas | 4.9 mi | $1,110 (±$126) | Higher |
| El Cerro | 4.9 mi | $723 (±$238) | Not measurably different |
| Valencia | 6.5 mi | $668 (±$293) | Not measurably different |
| Rio Communities | 6.6 mi | $1,055 (±$148) | Higher |
| Peralta | 7.8 mi | $1,246 (±$242) | Higher |
| Jarales | 8.2 mi | $623 (±$444) | Not measurably different |
Nearby places with a measurably higher figure: Tome, NM ($1,385), Los Lunas, NM ($1,110), Rio Communities, NM ($1,055).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median gross rent across Valencia County, place by place
| Rank | Place | Median gross rent |
|---|---|---|
| 2 | Peralta | $1,246 (±$242) |
| 3 | Los Lunas | $1,110 (±$126) |
| 4 | Rio Communities | $1,055 (±$148) |
| 5 | Belen | $916 (±$92) |
| 6 | Meadow Lake | $908 (±$701) |
| 7 | Bosque Farms | $897 (±$107) |
| 8 | Los Chaves | $833 (±$127) |
| 9 | El Cerro | $723 (±$238) |
| 10 | Valencia | $668 (±$293) |
| 11 | Jarales | $623 (±$444) |
Showing 10 of 11 places in Valencia County, ranked from highest to lowest.
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.
How much has rent gone up in Los Chaves?
In Los Chaves, the median gross rent went from $881 in 2015–2019 to $833 in 2020–2024 (−5.4%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
How many rentals in Los Chaves cost more than $2,000 a month?
5.2% of rented homes in Los Chaves have a gross rent of $2,000 or more a month, and 0.0% cost less than $500.
Is rent in Los Chaves higher than in Valencia County?
In Los Chaves, median gross rent is lower than in Valencia County ($1,015).
It is also lower than in New Mexico ($1,067).
It is lower than the national figure ($1,413).
Is this the rent for an apartment listed today?
No: these are rents households reported paying across 2020–2024, not asking rents for vacant homes, which usually run higher.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Los Chaves CDP, New Mexico
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Los Chaves CDP, New Mexico
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Los Chaves CDP, New Mexico
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
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 B25064_001E, B25064_001M, DP04_0047PE, DP04_0047PM, DP04_0005E, DP04_0005M from the 2019 release.
The API needs a free key.
DP04_0134E, DP04_0134M, DP04_0126E, DP04_0126M, DP04_0127PE, DP04_0127PM, DP04_0128PE, DP04_0128PM, DP04_0129PE, DP04_0129PM, DP04_0130PE, DP04_0130PM, DP04_0131PE, DP04_0131PM, DP04_0132PE, DP04_0132PM, DP04_0133PE, DP04_0133PM
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 .
Related
- Housing in Los Chaves at a glance
- Rent burden in Los Chaves
- Income and affordability in Los Chaves
- Home values in Los Chaves
- Homeowner costs in Los Chaves
- Property taxes in Los Chaves
- Types of homes in Los Chaves
- Bedrooms in Los Chaves
- Age of homes in Los Chaves
- Heating fuel in Los Chaves
- Commute and cars in Los Chaves
- Population growth in Los Chaves
- How long people stay in Los Chaves
- New Mexico landlord and tenant rules
- Housing across Valencia County
- New Mexico places ranked by median rent
- Housing data for every place in New Mexico